Nextdecade Corp income statement
In fiscal 2025, Nextdecade Corp reported revenue of $0 and net income of −$430m, or −$1.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Research and development | — | — | — | — | — | — | — | 4 | 5 | 8 | 8 | 11 |
| General and administrative | 7 | 7 | 35 | 35 | — | — | — | 49 | 111 | 150 | 202 | 209 |
| Operating income | −8 | −9 | −36 | −43 | −35 | −22 | −20 | −54 | −123 | −171 | −226 | −238 |
| Interest expense | — | — | — | — | — | — | — | 0 | 50 | 88 | 170 | 310 |
| Net interest income | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Income tax | — | — | — | 0 | 0 | 0 | 0 | 0 | — | — | 0 | 0 |
| Net income | −0 | −0 | −35 | −42 | −36 | −14 | −22 | −60 | −222 | 277 | −430 | −34 |
| Diluted EPS | −$0.14 | −$0.09 | −$0.35 | −$0.41 | −$0.45 | −$0.24 | −$0.34 | −$0.65 | −$0.94 | −$0.24 | −$1.17 | −$0.13 |
| Diluted shares (average) | 55m | 96m | 101m | 107m | 109m | 118m | 119m | 130m | 195m | 259m | 262m | 269m |
| EBITDA | −8 | −8 | −36 | −43 | −35 | −22 | −19 | −54 | −116 | −158 | −214 | −198 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Research and development | 1 | 0 | 1 | 3 | 4 | 2 | 3 | 2 |
| General and administrative | 40 | 45 | 37 | 54 | 80 | 50 | 30 | 49 |
| Operating income | −44 | −52 | −56 | −72 | −46 | −55 | −55 | −83 |
| Interest expense | 20 | 27 | 32 | 40 | 71 | 79 | 91 | 69 |
| Income tax | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 481 | −245 | −61 | −109 | 71 | −195 | −65 | 155 |
| Diluted EPS | $0.25 | −$0.34 | −$0.23 | −$0.42 | −$0.18 | −$0.51 | −$0.25 | $0.54 |
| EBITDA | −41 | −49 | −56 | −72 | −35 | −52 | −47 | −64 |
More: Oil & Gas Storage & Transportation stocks compared, Energy sector, rankings of US companies