NXT Energy Solutions (NSFDF) Beginning Cash Balance (2009 - 2026)
NXT Energy Solutions' Beginning Cash Balance was $1.16 million in Q2 2026, down 11.6% from $1.31 million a year earlier and down 55.5% from the prior quarter.
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Analysis
NXT Energy Solutions (NSFDF) Beginning Cash Balance (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, NXT Energy Solutions' Beginning Cash Balance was $5.18 million through Jun 30, 2026, up 45.8% year-over-year; for FY2025, it was $522,759, up 78.2% from FY2024.
- Beginning Cash Balance shows a five-year compound annual growth rate of -24.9% (FY2020 to FY2025).
- In earlier years, Beginning Cash Balance was $293,411 in FY2024 (+50.3%), $195,251 in FY2023 (-88.3%), $1.66 million in FY2022 (-22.5%) and $2.15 million in FY2021 (-2.1%).
- The Q2 2026 figure marks the lowest quarterly Beginning Cash Balance since Q1 2025.
- Compared with a year earlier, Beginning Cash Balance was higher in four of the last six quarters, with growth averaging 135.2%.
- The best year-over-year quarter for Beginning Cash Balance over five years was Q1 2026 (growth of 412.4%); the worst was Q1 2023 (a decline of 89.1%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | NXT Energy Solutions | 1.65 Mn | -4.56 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 Mn |
| Mar 31, 2026 | 2.61 Mn |
| Sep 30, 2025 | 1.42 Mn |
| Jun 30, 2025 | 1.31 Mn |
| Mar 31, 2025 | 509,024.31 |
| Sep 30, 2024 | 1.73 Mn |
| Jun 30, 2024 | 389,421.54 |
| Mar 31, 2024 | 298,116.52 |
| Sep 30, 2023 | 783,543.27 |
| Jun 30, 2023 | 348,060.56 |
| Mar 31, 2023 | 194,863.39 |
| Sep 30, 2022 | 472,961.29 |
| Jun 30, 2022 | 916,675.39 |
| Mar 31, 2022 | 1.78 Mn |
| Sep 30, 2021 | 2.79 Mn |
| Jun 30, 2021 | 1.63 Mn |
| Mar 31, 2021 | 2.13 Mn |
| Sep 30, 2020 | 1.46 Mn |
| Jun 30, 2020 | 1.73 Mn |
| Mar 31, 2020 | 2.13 Mn |
API Access
NXT Energy Solutions Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=NSFDF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "NSFDF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=NSFDF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();