10-Q quarterly report · filed Jul 30, 2026

NextDecade Corp (NEXT) Q2 2026 10-Q Quarterly Report

Short answer

NextDecade Corp (NEXT) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $0 with net income of −$65M.

Q2 2026 key financials · XBRL

Revenue
$0
Net income
−$65M
−7.5% YoY · +52.0% QoQ
EPS (diluted)
−$0.25
−8.7% YoY · +51.0% QoQ

Source: XBRL data from the NextDecade Corp (NEXT) Q2 2026 10-Q on SEC EDGAR. USD.

NextDecade Corp Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Construction progress: Trains 1–2 74.0% complete; Train 5 worst at 9.4%
  • First gas expected second half 2026; first LNG production expected first half 2027
  • $3.5B senior secured notes issued; approximately $3.5B used to repay Phase 1 borrowings
  • Headwinds: construction costs, financing needs, interest rates, permitting, LNG demand, and energy-market volatility

Risk Factors

  • No material risk-factor changes from the December 31, 2025 Form 10-K
  • Carried-forward project-execution risk for Rio Grande LNG construction
  • Carried-forward financing and liquidity risk for LNG project development
  • Carried-forward LNG market, pricing, and demand volatility
  • Carried-forward regulatory and permitting risk affecting Rio Grande LNG operations

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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