Short answer
NextDecade Corp (NEXT) filed its Q1 2026 10-Q quarterly report on May 1, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $0 with net income of −$136M.
Q1 2026 key financials · XBRL
- Revenue
- $0
- Net income
- −$136M
- −53.6% YoY
- EPS (diluted)
- −$0.51
- −50.0% YoY
Source: XBRL data from the NextDecade Corp (NEXT) Q1 2026 10-Q on SEC EDGAR. USD.
NextDecade Corp Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Early-cargo LNG agreements exceeding 175 TBtu, targeting cargo margins above $3.00/MMBtu
- Phase 1 completion 67.8%; Train 3 44.2%; worst progress Train 5 at 6.8%
- First gas expected second half 2026; first LNG production expected first half 2027
- $50 million Train 4 services fee due September 2026; operating cash flow not expected before train operations
Risk Factors
- No material risk-factor changes from the December 31, 2025 Form 10-K
- Project execution risk: Rio Grande LNG construction change orders dated February–March 2026
- Regulatory and compliance risks: no new disclosures in the quarter
- Liquidity, debt, currency, and concentration risks: no quarterly changes identified
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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