NASDAQ · Utilities

NextDecade Corp (NEXT)

NextDecade Corp brought in $0 of revenue over the twelve months to June 30, 2026. It posted a net loss of $384M. In fiscal 2025 capital spending exceeded operating cash flow by $5B. At June 30, 2026 it held $83.7M in cash against $10.4B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 30, 2026.

Price

$6.56

-1.58% on the day · September 25, 2026

52-week range $4.75 to $9.24

Market cap

$1.7B

Revenue (last 12 months)

What NextDecade Corp does

NextDecade Corp is registered with the SEC under industry code SIC 4923 (Natural Gas Transmisison & Distribution). Its shares trade on NASDAQ under the ticker NEXT.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	$0	-$225.9M	-$429.6M	-$1.17	-$5B
2024	$0	-$171.1M	$277.4M	-$0.24	-$2.7B
2023	$0	-$122.7M	-$221.6M	-$0.94	-$1.8B
2022	$0	-$54.5M	-$60.1M	-$0.65	-$73.8M
2021	$0	-$19.5M	-$22M	-$0.34	-$30.1M
2020	$0	-$22M	-$14.3M	-$0.24	-$58.6M

Next report expected around October 29, 2026.

Estimated from its filing rhythm: 52 weeks after its report of October 30, 2025. Not a date the company has announced. See the report calendar

Dividends

It paid out $1M in cash dividends.

Fiscal year	Per share	Paid out	Of profit
2015	n/a	$1M	n/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What NextDecade Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.

July 30, 2026
Employee stock plan registration S-8
July 30, 2026
Quarterly report 10-Q · period to June 30, 2026
July 2, 2026
Material agreement 8-K
June 18, 2026
Material agreement 8-K
June 10, 2026
Activist stake (5% or more) SCHEDULE 13D
June 3, 2026
Executive or director change 8-K
May 19, 2026
Additional proxy material DEFA14A
May 13, 2026
Shelf registration to sell securities S-3ASR
May 1, 2026
Quarterly report 10-Q · period to March 31, 2026
April 23, 2026
Annual report to shareholders ARS

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 11, 2026. Insider transactions on SEC

Insider trades

What the people running NextDecade Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 12 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)

last 90 days

Sold

last 90 days

Date	Insider	What	Shares	Price	Value	Filing
September 9, 2026	Schatzman Matthew KChief Executive Officer, Director	Shares withheld for tax	69,583	$7.54	$524.7K	Form 4
September 9, 2026	de Gyarfas VeraGeneral Counsel	Shares withheld for tax	15,463	$7.54	$116.6K	Form 4
September 9, 2026	Skeik TarikChief Operating Officer	Shares withheld for tax	7,732	$7.54	$58.3K	Form 4
August 31, 2026	Zuklic JohnChief Financial Officer	Received as pay	139,257	-	-	Form 4
August 31, 2026	Schatzman Matthew KChief Executive Officer, Director	Received as pay	464,190	-	-	Form 4
August 31, 2026	Schatzman Matthew KChief Executive Officer, Director	Shares withheld for tax	135,928	$7.54	$1M	Form 4
August 31, 2026	de Gyarfas VeraGeneral Counsel	Received as pay	132,625	-	-	Form 4
August 31, 2026	de Gyarfas VeraGeneral Counsel	Shares withheld for tax	30,378	$7.54	$229.1K	Form 4
August 31, 2026	Skeik TarikChief Operating Officer	Received as pay	99,469	-	-	Form 4
August 31, 2026	Skeik TarikChief Operating Officer	Shares withheld for tax	18,043	$7.54	$136K	Form 4
August 31, 2026	Boylston LukeChief Accounting Officer	Received as pay	23,872	-	-	Form 4
August 31, 2026	Boylston LukeChief Accounting Officer	Shares withheld for tax	6,563	$7.54	$49.5K	Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about NEXT

What does NextDecade Corp do?

NextDecade Corp is registered with the SEC under industry code SIC 4923 (Natural Gas Transmisison & Distribution). Its shares trade on NASDAQ under the ticker NEXT.

Is NextDecade Corp profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $384M.

How much revenue does NextDecade Corp make?

Over the twelve months to June 30, 2026 NextDecade Corp reported revenue of $0.

When did NextDecade Corp last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 30, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 11, 2026.

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Where the numbers come from

Financial figures are the values NextDecade Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.