NextDecade Corporation (NEXT) Earnings Call Transcripts
NextDecade Corporation's Latest Earnings Call - Q1 FY2026
NEXT Biometrics Group ASA reported disappointing Q1 2026 results, with revenue falling 40% YoY to NOK 1.8 million, significantly below expectations. The company cited slow governmental market activity and geopolitical issues as primary factors. The adjusted EBITDA remained flat at negative NOK 15.8 million. Management did not provide specific guidance but indicated challenges in achieving the previously stated NOK 70 million revenue target for 2026. The ongoing transformation into an IP-focused company, highlighted by the FBI certification of the FAP30 sensor and progress in Anywhere-on-display technology, could be a future catalyst.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | NOK 1.8 million (miss) |
| Adjusted Gross Margin | 40% (miss) |
| Adjusted EBITDA | negative NOK 15.8 million (inline) |
| Operating Expenses | NOK 16.5 million (inline) |
| Cash Flow | NOK 6.7 million (miss) |
Guidance from management
Management did not provide specific forward guidance but indicated that achieving the NOK 70 million revenue target for 2026 is unlikely due to slow governmental markets.
What management said
I would say that the focus is to sell the inventory. If it's actively NOK 70 million, it's very tough to say as we have this very, very slow governmental market. It's not very likely that we will reach NOK 70 million at this moment in 2026. And -- but it's very hard to say and predict where we will end up. We have -- again, we have 25 to 35 active customers and active design wins in the sort of end journey before t...
What analysts pressed on
Analysts expressed concerns about the feasibility of the NOK 70 million revenue target for 2026, given the slow governmental market and inventory challenges. Questions also focused on the potential revenue from the Anywhere-on-display technology.
Main topics on the call
- Revenue Decline — Revenue for Q1 2026 was NOK 1.8 million, a 40% decrease from NOK 3 million in Q1 2025, attributed to slow sales in India and delayed governmental tenders. Management stated, 'We came in very, very much lower than expecte...
- FBI Certification — NEXT Biometrics received FBI certification for its FAP30 sensor, a significant milestone for market compliance. The CEO noted, 'This is very important for -- to be compliant to the different markets.'
- Anywhere-on-display Technology — The company made progress in its Anywhere-on-display IP, achieving key technical milestones and securing two new U.S. patents. This technology is positioned as a future growth driver, with potential licensing revenue fro...
- Rights Issue — NEXT Biometrics is conducting a NOK 50 million rights issue to support its transformation strategy. The subscription period ends on June 9, 2026.
Read the full NextDecade Corporation transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About NextDecade Corporation
NextDecade Corporation (NEXT) is a publicly listed company in the Oil, Gas and Consumable Fuels industry, within the Energy sector. It trades on NasdaqCM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 28 calls on record spanning February 26, 2020 to July 30, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 28 NextDecade Corporation earnings call transcripts on record, spanning February 26, 2020 to July 30, 2026. Based on this history, NextDecade Corporation reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- NEXT
- Exchange
- NasdaqCM
- Country
- US
- Sector
- Energy
- Industry
- Oil, Gas and Consumable Fuels
- Calls on record
- 28
- First call
- February 26, 2020
- Most recent
- July 30, 2026
- Reporting cadence
- quarterly