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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›NEXT›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

NextDecade Corp (NEXT) financials

Income statement

NextDecade Corp (NEXT) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Operating income-$8.50M-$35.6M-$43.0M-$35.0M-$22.0M-$19.5M-$54.5M-$123M-$171M-$226M
Net income-$435K-$35.3M-$42.0M-$35.9M-$14.3M-$22.0M-$60.1M-$222M$277M-$430M
EPS (diluted)-$0.09-$0.35-$0.41-$0.45-$0.24-$0.34-$0.65-$0.94-$0.24-$1.17

Cash flow

NextDecade Corp (NEXT) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$7.19M-$12.8M-$23.3M-$40.7M-$26.3M-$18.0M-$40.1M-$73.6M-$95.6M-$169M
Capital expenditures$19.4M$14.8M$18.7M$20.3M$32.4M$12.1M$33.8M$1.74B$2.57B$4.85B
Free cash flow-$26.6M-$27.7M-$41.9M-$61.0M-$58.6M-$30.1M-$73.8M-$1.81B-$2.66B-$5.02B
Share buybacks——$35.0K$650K$346K$284K$3.27M$9.63M$6.70M$16.9M

Balance sheet

NextDecade Corp (NEXT) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$12.5M$35.7M$3.17M$15.7M$22.6M$25.6M$62.8M$38.2M$148M$144M
Total assets$75.8M$116M$169M$221M$202M$222M$312M$3.32B$6.40B$12.4B
Total liabilities$7.68M$13.0M$19.5M$33.6M$28.9M$33.8M$55.6M$2.58B$4.66B$10.1B
Long-term debt——————$0.00$1.82B$3.92B$8.51B
Shareholders' equity$68.1M$103M$83.2M$89.7M$60.4M$19.9M$54.4M$288M$378M$95.3M
Retained earnings-$20.3M-$55.6M-$97.6M-$134M-$148M-$170M-$230M-$392M-$454M-$760M
Shares (wtd avg diluted)95.7M101M107M109M118M119M130M195M259M262M

Every figure is extracted from NextDecade Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is NextDecade Corp's annual revenue?
NextDecade Corp (NEXT) reported $0.00 of revenue for fiscal year 2025, per its annual report filed with the SEC.
What is NextDecade Corp's free cash flow?
-$5.02B in FY2025 (operating cash flow -$169M minus $4.85B of capital expenditures), from the SEC cash-flow statement.
Does NEXT pay a dividend?
NextDecade Corp reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full NEXT analysis — verdict, score & filings →Is NEXT a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.