NXT Energy Solutions (NSFDF) Beginning Cash Balance (2009 - 2026)
NXT Energy Solutions' (NSFDF) quarterly Beginning Cash Balance came in at $2.6 million in Q1 2026, up 412.44% YoY from $509024.3 in Q1 2025, and up 84.33% on a QoQ basis from $1.4 million in Q3 2025.
NXT Energy Solutions (NSFDF) Beginning Cash Balance (2009 - 2026) Analysis & Trends
NXT Energy Solutions (NSFDF) has 18 years of Beginning Cash Balance data on file, last reported at $2.6 million in 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 $522759.4, up 78.17% from the prior year.
- Beginning Cash Balance improved to $2.6 million in Q1 2026, from $1.4 million in the prior quarter.
- In the past five years, Beginning Cash Balance ranged from a high of $2.6 million in Q1 2026 to a low of $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 tumbled 89.07% — and 2026, when it soared 412.44%.
- Tracing NSFDF's Beginning Cash Balance over 5 years: stood at $472961.3 in 2022, then jumped by 65.67% to $783543.3 in 2023, then jumped by 121.3% to $1.7 million in 2024, then declined by 18.39% to $1.4 million in 2025, then surged by 84.33% to $2.6 million in 2026.
- The last three Beginning Cash Balance figures came in at $2.6 million (Q1 2026), $1.4 million (Q3 2025), and $1.3 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | NXT Energy Solutions | 32.27 Mn | 31.02 Mn | - |
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 |