Bilaal.Raja
Company record

NEXT  NextDecade Corp

Trailing twelve months to 2026-06-30, as filed 2026-07-30 and not restated since.
Energy

Scale

Market cap
$1.7bn
Revenue TTM
$0m
Net income TTM
$-369m
Free cash flow
$-5.7bn
Composite score
—
Sector rank
#1681

Valuation

P / E
—
EV / EBITDA
—
EV / sales
—
FCF yield
-332.04%
Yield vs 10-yr
-26.67pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
—
EBITDA margin
—
ROE
644.2%
ROIC
-2.2%
Revenue growth
—

Insider activity, last 90 days

Net open-market
$0.00m
Buyers
0
Sellers
0

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

The increase in operating cash outflows in 2025 compared to 2024 was primarily due to an increase in headcount to support the commencement of operations at the Rio Grande LNG Facility and a decrease in derivative settlements. The increase in investing cash outflows in 2025 compared to 2024 was primarily due to increased expenditures associated with construction of the Rio Grande LNG Facility, including expenditures related to Trains 4 and 5, which achieved positive FID and began construction in 2025. …NextDecade Corp, 10-K, period ended 2025-12-31, filed 2026-03-02

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