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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	83.68	143.78	148.14	38.24	62.79	25.55
Cash & Short-Term Investments	83.68	143.78	148.14	38.24	62.79	25.55
Cash Growth	-47.22%	-2.94%	287.38%	-39.10%	145.73%	13.02%
Prepaid Expenses	120.23	10.96	19.81	2.09	1.15	0.52
Restricted Cash	415.89	563.31	244.63	256.24	-	-
Other Current Assets	12.1	-	-	17.96	-	0.31
Total Current Assets	631.91	718.05	412.57	314.53	63.94	26.39
Property, Plant & Equipment	13,651	10,731	5,186	2,609	220.12	174.41
Long-Term Investments	479.18	532.25	-	-	-	-
Other Intangible Assets	-	-	-	-	-	0.35
Long-Term Deferred Charges	376.09	423.08	317.79	389.7	8.58	7.61
Other Long-Term Assets	67.03	21.65	487.61	11.02	19.8	13.35
Total Assets	15,205	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	327.17	443.95	244.64	243.13	1.08	0.28
Accrued Expenses	124.88	119.06	71.42	37.29	11.14	5.05
Current Portion of Leases	35.04	3.88	2.88	3.14	1.09	0.6
Other Current Liabilities	1,205	769.14	276.14	268.82	12.05	2.3
Total Current Liabilities	1,693	1,336	595.08	552.39	25.36	8.23
Long-Term Debt	10,109	8,597	3,920	1,816	-	-
Long-Term Leases	515.64	142.27	144.16	145.96	0.47	-
Other Long-Term Liabilities	71.96	49.63	-	68.72	29.79	25.59
Total Liabilities	12,389	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	Jun 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	942.36	893.13	852.05	693.88	289.08	191.26
Retained Earnings	-961.79	-759.96	-453.52	-391.77	-230.14	-170.07
Treasury Stock	-37.88	-37.86	-20.92	-14.21	-4.59	-1.32
Total Common Equity	-57.28	95.34	377.64	287.92	54.37	19.89
Minority Interest	2,874	2,206	1,367	452.51	-	-
Shareholders' Equity	2,817	2,301	1,744	740.43	256.81	188.29
Total Liabilities & Equity	15,205	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	10,659	8,743	4,067	1,965	1.56	0.6
Net Cash (Debt)	-10,576	-8,599	-3,919	-1,927	61.23	24.96
Net Cash Growth	-	-	-	-	145.36%	12.54%
Net Cash Per Share	-40.01	-32.80	-15.16	-9.90	0.47	0.21
Filing Date Shares Outstanding	266.19	264.93	260.44	256.71	150.57	123.36
Total Common Shares Outstanding	265.1	264.8	260.2	256.5	143.55	120.8
Working Capital	-1,061	-617.98	-182.51	-237.86	38.58	18.16
Book Value Per Share	-0.22	0.36	1.45	1.12	0.38	0.16
Tangible Book Value	-57.28	95.34	377.64	287.92	54.37	19.54
Tangible Book Value Per Share	-0.22	0.36	1.45	1.12	0.38	0.16
Machinery	-	-	-	-	-	1.1
Construction In Progress	13,076	10,563	5,009	-	-	-
Leasehold Improvements	-	-	-	-	-	0.1

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 30, 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:

Sep 10, 2026

Data Sources Report a data error