NextDecade financials
$6.34−3.35%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross profit | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross margin | — | — | — | — | — | — | — | — | — |
| Operating income | -$225.9M | -$171.1M | -$122.7M | -$54.5M | -$19.5M | -$22.0M | -$35.0M | -$43.0M | -$35.6M |
| Net income | -$306.4M | -$61.8M | -$182.7M | -$84.4M | -$40.4M | -$28.8M | -$48.6M | -$43.5M | -$35.3M |
| Net margin | — | — | — | — | — | — | — | — | — |
| Diluted EPS | $-1.17 | $-0.24 | $-0.94 | $-0.65 | $-0.34 | $-0.24 | $-0.45 | $-0.41 | $-0.35 |
| EBITDA | -$224.1M | -$169.1M | -$122.5M | -$53.2M | -$17.0M | -$18.9M | -$32.6M | -$41.7M | -$34.6M |
| Operating cash flow | -$169.4M | -$95.6M | -$73.6M | -$40.1M | -$18.0M | -$26.3M | -$40.7M | -$23.3M | -$12.8M |
| Free cash flow | -$5.02B | -$2.66B | -$1.81B | -$81.0M | -$30.1M | -$58.6M | -$61.0M | -$41.9M | -$27.7M |
| Diluted shares | 262.2M | 258.5M | 194.6M | 130.1M | 119.2M | 117.5M | 109.1M | 106.6M | 100.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $143.8M | $148.1M | $38.2M | $62.8M | $25.6M | $22.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $8.51B | $3.92B | $1.82B | $0.00 | $0.00 | $0.00 |
| Total assets | $12.43B | $6.40B | $3.32B | $312.4M | $222.1M | $201.7M |
| Total liabilities | $10.12B | $4.66B | $2.58B | $55.6M | $33.8M | $28.9M |
| Shareholders' equity | $2.30B | $1.74B | $740.4M | $54.4M | $188.3M | $172.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology