NXT Energy Solutions (NSFDF) Beginning Cash Balance (2009 - 2026)

NXT Energy Solutions (NSFDF) posted Beginning Cash Balance of $2.6 million for Q1 2026, up 84.33% on a QoQ basis from $1.4 million in Q3 2025, and up 412.44% year-over-year from $509024.3 in Q1 2025.

NXT Energy Solutions (NSFDF) Beginning Cash Balance (2009 - 2026) Analysis & Trends

NXT Energy Solutions' Beginning Cash Balance history runs 18 years deep, the most recent figure standing at $2.6 million for Q1 2026.

  • Quarterly Beginning Cash Balance rose 412.44% year-over-year to $2.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.3 million (up 102.67% YoY) and the FY2025 annual result came in at $523756.2, up 82.13% from the prior year.
  • Beginning Cash Balance was $2.6 million for Q1 2026 at NXT Energy Solutions, up from $1.4 million in the prior quarter.
  • Across five years, Beginning Cash Balance topped out at $2.6 million in Q1 2026 and bottomed at $194863.4 in Q1 2023.
  • A 5-year average of $981877.5 and a median of $783543.3 in 2023 frame the typical range for Beginning Cash Balance.
  • Annual changes were most pronounced in 2023 — Beginning Cash Balance slumped 89.07% — and 2026, when it soared 412.44%.
  • NXT Energy Solutions' Beginning Cash Balance stood at $472961.3 in 2022, then soared by 65.67% to $783543.3 in 2023, then soared by 121.3% to $1.7 million in 2024, then retreated by 18.39% to $1.4 million in 2025, then jumped by 84.33% to $2.6 million in 2026.
  • Business Quant data shows NSFDF's Beginning Cash Balance at $2.6 million in Q1 2026, $1.4 million in Q3 2025, and $1.3 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn
10 NXT Energy Solutions 15.09 Mn 13.62 Mn -221,195.80

Historic Data

Download Data
DateValue
Mar 31, 2026 2.61 Mn
Mar 31, 2026 2.61 Mn
Sep 30, 2025 1.42 Mn
Sep 30, 2025 1.42 Mn
Jun 30, 2025 1.31 Mn
Jun 30, 2025 1.31 Mn
Mar 31, 2025 509,024.31
Mar 31, 2025 509,024.31
Sep 30, 2024 1.73 Mn
Sep 30, 2024 1.73 Mn
Jun 30, 2024 389,421.54
Jun 30, 2024 389,421.54
Mar 31, 2024 298,116.52
Mar 31, 2024 298,116.52
Sep 30, 2023 783,543.27
Sep 30, 2023 783,543.27
Jun 30, 2023 348,060.56
Jun 30, 2023 348,060.56
Mar 31, 2023 194,863.39
Mar 31, 2023 194,863.39