NXT Energy Solutions (NSFDF) Operating Expenses (2009 - 2026)

NXT Energy Solutions (NSFDF) posted Operating Expenses of $1.3 million for Q1 2026, up 96.24% on a QoQ basis from $638101.4 in Q4 2025, and up 62.11% year-over-year from $772439.2 in Q1 2025.

NXT Energy Solutions (NSFDF) Operating Expenses (2009 - 2026) Analysis & Trends

NXT Energy Solutions' Operating Expenses history runs 18 years deep, the most recent figure standing at $1.3 million for Q1 2026.

  • Quarterly Operating Expenses rose 62.11% year-over-year to $1.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.6 million (up 209.84% YoY) and the FY2025 annual result came in at $8.6 million, up 51.22% from the prior year.
  • Operating Expenses was $1.3 million for Q1 2026 at NXT Energy Solutions, up from $638101.4 in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.8 million in Q2 2022 and bottomed at -$3.5 million in Q4 2023.
  • A 5-year average of $348787.5 and a median of $720435.8 in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 406.53% — and 2024, when it plunged 401.5%.
  • NXT Energy Solutions' Operating Expenses stood at $2.2 million in 2022, then plunged by 264.2% to -$3.5 million in 2023, then advanced by 19.94% to -$2.8 million in 2024, then surged by 122.46% to $638101.4 in 2025, then surged by 96.24% to $1.3 million in 2026.
  • Business Quant data shows NSFDF's Operating Expenses at $1.3 million in Q1 2026, $638101.4 in Q4 2025, and $815768.4 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 261.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -466.59 Mn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 2.14 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 4.72 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 9.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 998.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 45.37 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 69.48 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 238.95 Mn
10 NXT Energy Solutions 15.09 Mn 13.62 Mn -221,195.80 1.25 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.25 Mn
Dec 31, 2025 638,101.38
Sep 30, 2025 815,768.41
Jun 30, 2025 872,145.53
Mar 31, 2025 772,439.22
Dec 31, 2024 -2.84 Mn
Sep 30, 2024 -1.89 Mn
Jun 30, 2024 703,388.65
Mar 31, 2024 757,924.67
Dec 31, 2023 -3.55 Mn
Sep 30, 2023 627,476.71
Jun 30, 2023 701,056.10
Mar 31, 2023 637,140.42
Dec 31, 2022 2.16 Mn
Sep 30, 2022 738,708.64
Jun 30, 2022 2.81 Mn
Mar 31, 2022 720,435.78
Dec 31, 2021 3.67 Mn
Sep 30, 2021 607,818.45
Jun 30, 2021 555,517.83