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| Date | Value |
|---|---|
| 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 |