NextDecade annual operating expenses
2015
2016
2017
2018
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2021
2022
2023
2024
2025
NextDecade Operating Expenses Growth & History (NEXT)
NextDecade's operating expenses was $225.9M for fiscal 2025.
View full NextDecade company overviewNextDecade annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $225.9M | $54.9M | +32.07% |
| 2024 | 2024-12-31 | $171.1M | $48.4M | +39.46% |
| 2023 | 2023-12-31 | $122.7M | $68.2M | +125.18% |
| 2022 | 2022-12-31 | $54.5M | $35.0M | +179.26% |
| 2021 | 2021-12-31 | $19.5M | −$2.5M | −11.38% |
| 2020 | 2020-12-31 | $22.0M | −$13.0M | −37.11% |
| 2019 | 2019-12-31 | $35.0M | −$8.0M | −18.63% |
| 2018 | 2018-12-31 | $43.0M | $7.4M | +20.70% |
| 2017 | 2017-12-31 | $35.6M | $27.1M | +319.17% |
| 2016 | 2016-12-31 | $8.5M | $729,000 | +9.38% |
| 2015 | 2015-12-31 | $7.8M | — | — |
NextDecade quarterly operating expenses
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Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $54.6M | −$1.7M | −3.01% |
| Q1 2026 | 2026-03-31 | $55.1M | $3.2M | +6.16% |
| Q4 2025 | 2025-12-31 | $45.8M | $1.5M | +3.42% |
| Q3 2025 | 2025-09-30 | $72.0M | $22.8M | +46.40% |
| Q2 2025 | 2025-06-30 | $56.3M | $16.7M | +42.33% |
| Q1 2025 | 2025-03-31 | $51.9M | $13.8M | +36.20% |
| Q4 2024 | 2024-12-31 | $44.3M | $12.1M | +37.70% |
| Q3 2024 | 2024-09-30 | $49.2M | $13.3M | +37.17% |
| Q2 2024 | 2024-06-30 | $39.5M | $12.0M | +43.36% |
| Q1 2024 | 2024-03-31 | $38.1M | $11.0M | +40.60% |
| Q4 2023 | 2023-12-31 | $32.1M | $11.7M | +57.32% |
| Q3 2023 | 2023-09-30 | $35.8M | $19.7M | +122.73% |
| Q2 2023 | 2023-06-30 | $27.6M | $14.8M | +115.13% |
| Q1 2023 | 2023-03-31 | $27.1M | $22.0M | +428.05% |
| Q4 2022 | 2022-12-31 | $20.4M | $12.6M | +160.17% |
| Q3 2022 | 2022-09-30 | $16.1M | $12.9M | +399.66% |
| Q2 2022 | 2022-06-30 | $12.8M | $6.0M | +88.17% |
| Q1 2022 | 2022-03-31 | $5.1M | $3.5M | +216.72% |
| Q4 2021 | 2021-12-31 | $7.9M | $3.9M | +96.20% |
| Q3 2021 | 2021-09-30 | $3.2M | −$2.3M | −42.06% |
| Q2 2021 | 2021-06-30 | $6.8M | $1.6M | +30.72% |
| Q1 2021 | 2021-03-31 | $1.6M | −$5.6M | −77.61% |
| Q4 2020 | 2020-12-31 | $4.0M | −$8.5M | −68.02% |
| Q3 2020 | 2020-09-30 | $5.6M | $1.1M | +25.92% |
| Q2 2020 | 2020-06-30 | $5.2M | −$370,000 | −6.63% |
| Q1 2020 | 2020-03-31 | $7.2M | −$5.2M | −42.02% |
| Q4 2019 | 2019-12-31 | $12.5M | $379,000 | +3.12% |
| Q3 2019 | 2019-09-30 | $4.4M | −$6.6M | −59.81% |
| Q2 2019 | 2019-06-30 | $5.6M | $2.0M | +54.34% |
| Q1 2019 | 2019-03-31 | $12.5M | −$3.8M | −23.29% |
| Q4 2018 | 2018-12-31 | $12.1M | −$4.3M | −26.12% |
| Q3 2018 | 2018-09-30 | $11.0M | −$3.3M | −23.17% |
| Q2 2018 | 2018-06-30 | $3.6M | $1.1M | +44.64% |
| Q1 2018 | 2018-03-31 | $16.3M | $13.9M | +573.56% |
| Q4 2017 | 2017-12-31 | $16.4M | — | — |
| Q3 2017 | 2017-09-30 | $14.3M | $12.2M | +593.35% |
| Q2 2017 | 2017-06-30 | $2.5M | — | — |
| Q1 2017 · Mar 31 | 2017-03-31 | $2.4M | — | — |
| Q3 2016 | 2016-09-30 | $2.1M | — | — |
NextDecade operating expenses trends
Over the last five fiscal years, NextDecade's operating expenses increased from $22.0M to $225.9M, a change of $203.9M. The latest reported quarter, Q2 2026, shows $54.6M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review NextDecade source filings ↗