NEXT NASDAQ
Nextdecade Corp
1W: +0.8%
1M: -4.0%
3M: +2.6%
YTD: +17.1%
1Y: +7.9%
3Y: +36.1%
5Y: +101.9%
$6.45
+0.15 (+2.38%)
After Hours: $6.58 (+0.12, +1.94%)
Weekly Expected Move ±7.7%
$5
$6
$6
$7
$7
Credit Risk of going bust: higher than 89% of companies Debt: 86.3% of company value Bonds: none of note held by US funds details ▾
Of US companies ranked in the second-riskiest tenth, about 1 in 87 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $1.64 (down 75%), Nextdecade Corp would be worth roughly what it owes.
Total debt $10.54B against a stock market value of $1.68B.
Distance to default 1.78 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $5.21B (short-term plus half of long-term), stock volatility 60.0%; Altman Z'' -0.83. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
If the stock fell to about $1.64 (down 75%), Nextdecade Corp would be worth roughly what it owes.
Total debt $10.54B against a stock market value of $1.68B.
Distance to default 1.78 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $5.21B (short-term plus half of long-term), stock volatility 60.0%; Altman Z'' -0.83. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
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Revenue
$0
+0.0% ▲
Gross Profit
-$12M
-81.6% ▼
Operating Income
-$226M
-32.1% ▼
Net Income
-$306M
-396.2% ▼
EPS (Diluted)
$-1.17
-387.5% ▼
EBITDA
-$214M
-157.5% ▼
Profit Margins
Year-over-Year Growth
View Full Income Statement
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| Cost of Revenue | $2M | $1M | $3M | $7M | $12M |
| Gross Profit | -$2M | -$1M | -$3M | -$7M | -$12M |
| Gross Margin | — | — | — | — | — |
| R&D Expenses | $0 | $4M | $5M | $8M | $8M |
| SG&A Expenses | $17M | $49M | $115M | $150M | $202M |
| Operating Expenses | $17M | $53M | $120M | $164M | $214M |
| Operating Income | -$20M | -$54M | -$123M | -$171M | -$226M |
| Operating Margin | — | — | — | — | — |
| Interest Expense | $0 | $6M | $85M | $88M | $170M |
| Income Before Tax | -$22M | -$60M | -$222M | $277M | -$430M |
| Tax Expense | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$22M | -$60M | -$162M | -$62M | -$306M |
| Net Margin | — | — | — | — | — |
| EPS (Diluted) | $-0.34 | $-0.65 | $-0.94 | $-0.24 | $-1.17 |
| EBITDA | -$20M | -$59M | -$168M | $372M | -$214M |
| Shares Outstanding | 119M | 130M | 195M | 259M | 262M |