NextDecade Corp
For the period ended Sep 30, 2026. Filed Oct 29, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 29, 2026
NEXT$6.35+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
(in thousands; unaudited)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Operating activities: | ||
| Net income (loss) | $318,626 | $(500,616) |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Depreciation and amortization | 26,816 | 1,399 |
| Share-based compensation expense | 28,109 | 26,884 |
| Derivative (gain) loss, net | (905,194) | 217,684 |
| Derivative settlements | 155,348 | 15,986 |
| Reduction of right-of-use assets | 2,105 | 7,735 |
| Loss on debt extinguishment | 168,962 | 9,160 |
| Amortization of debt issuance costs | 85,495 | 51,931 |
| Interest elected to be paid-in-kind | 89,761 | 18,754 |
| Other | 152 | 3,315 |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other current assets | (14,121) | 1,316 |
| Accounts payable | 6,405 | 13,339 |
| Operating lease liabilities | (2,101) | (5,676) |
| Accrued expenses and other liabilities | 23,069 | (9,952) |
| Net cash used in operating activities | (16,568) | (148,741) |
| Investing activities: | ||
| Acquisition of property, plant and equipment | (3,348,457) | (2,859,338) |
| Acquisition of other non-current assets | (45,754) | (20,792) |
| Net cash used in investing activities | (3,394,211) | (2,880,130) |
| Financing activities: | ||
| Proceeds from debt issuance | 7,467,000 | 2,762,500 |
| Repayments of debt | (5,161,000) | — |
| Debt issuance costs | (98,979) | (76,822) |
| Receipt of equity commitments | 1,111,201 | 710,667 |
| Finance lease payments | (17,686) | — |
| Shares repurchased related to share-based compensation | (4,713) | (15,562) |
| Net cash provided by financing activities | 3,295,823 | 3,380,783 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | (114,956) | 351,912 |
| Cash, cash equivalents and restricted cash – beginning of period | 707,088 | 392,762 |
| Cash, cash equivalents and restricted cash – end of period | $592,132 | $744,674 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.