NextDecade Corporation (NEXT)

NextDecade Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	129.92	143.78	148.14	38.24	62.79	25.55
Cash & Short-Term Investments	129.92	143.78	148.14	38.24	62.79	25.55
Cash Growth	-37.96%	-2.94%	287.38%	-39.10%	145.73%	13.02%
Prepaid Expenses	26.88	10.96	19.81	2.09	1.15	0.52
Restricted Cash	462.22	563.31	244.63	256.24	-	-
Other Current Assets	23.66	-	-	17.96	-	0.31
Total Current Assets	642.68	718.05	412.57	314.53	63.94	26.39
Property, Plant & Equipment	15,571	10,731	5,186	2,609	220.12	174.41
Long-Term Investments	1,186	532.25	-	-	-	-
Other Intangible Assets	-	-	-	-	-	0.35
Long-Term Deferred Charges	345.99	423.08	317.79	389.7	8.58	7.61
Other Long-Term Assets	65.99	21.65	487.61	11.02	19.8	13.35
Total Assets	17,812	12,426	6,404	3,324	312.43	222.11

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	437.65	443.95	244.64	243.13	1.08	0.28
Accrued Expenses	138.51	119.06	71.42	37.29	11.14	5.05
Current Portion of Leases	65.64	3.88	2.88	3.14	1.09	0.6
Other Current Liabilities	1,164	769.14	276.14	268.82	12.05	2.3
Total Current Liabilities	1,805	1,336	595.08	552.39	25.36	8.23
Long-Term Debt	11,095	8,597	3,920	1,816	-	-
Long-Term Leases	1,048	142.27	144.16	145.96	0.47	-
Other Long-Term Liabilities	109.26	49.63	-	68.72	29.79	25.59
Total Liabilities	14,058	10,125	4,660	2,583	55.62	33.81

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.03	0.03	0.03	0.03	0.01	0.01
Additional Paid-In Capital	960.81	893.13	852.05	693.88	289.08	191.26
Retained Earnings	-806.41	-759.96	-453.52	-391.77	-230.14	-170.07
Treasury Stock	-42.58	-37.86	-20.92	-14.21	-4.59	-1.32
Total Common Equity	111.85	95.34	377.64	287.92	54.37	19.89
Minority Interest	3,642	2,206	1,367	452.51	-	-
Shareholders' Equity	3,754	2,301	1,744	740.43	256.81	188.29
Total Liabilities & Equity	17,812	12,426	6,404	3,324	312.43	222.11

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	12,209	8,743	4,067	1,965	1.56	0.6
Net Cash (Debt)	-12,079	-8,599	-3,919	-1,927	61.23	24.96
Net Cash Growth	-	-	-	-	145.36%	12.54%
Net Cash Per Share	-45.51	-32.80	-15.16	-9.90	0.47	0.21
Filing Date Shares Outstanding	268.8	264.93	260.44	256.71	150.57	123.36
Total Common Shares Outstanding	268.4	264.8	260.2	256.5	143.55	120.8
Working Capital	-1,163	-617.98	-182.51	-237.86	38.58	18.16
Book Value Per Share	0.42	0.36	1.45	1.12	0.38	0.16
Tangible Book Value	111.85	95.34	377.64	287.92	54.37	19.54
Tangible Book Value Per Share	0.42	0.36	1.45	1.12	0.38	0.16
Machinery	-	-	-	-	-	1.1
Construction In Progress	14,434	10,563	5,009	-	-	-
Leasehold Improvements	-	-	-	-	-	0.1

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

Data Sources Report a data error