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NextDecade Q1 net loss widens to $136.4 million; operating loss rises to $55.1 million

PUBT·05/01/2026 13:24:47
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NextDecade Q1 net loss widens to $136.4 million; operating loss rises to $55.1 million
  • NextDecade posted a net loss attributable to common stockholders of USD 136.41 million for the three months ended March 31, 2026, widening from the prior-year period.
  • Revenue was unchanged at no revenue, while operating loss widened to USD 55.12 million.
  • Cash used in operating activities increased to USD 110.83 million, while cash, cash equivalents and restricted cash fell to USD 465.06 million at period end.
  • Construction progress reached 67.8% for Trains 1 and 2 plus common facilities, while Train 3 was 44.2% complete as of March 2026.
  • NextDecade expects first gas in the second half of 2026, with first LNG production from Train 1 in the first half of 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextDecade Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001612720-26-000026), on May 01, 2026, and is solely responsible for the information contained therein.