NXT Energy Solutions (NSFDF) Operating Expenses (2009 - 2026)
NXT Energy Solutions (NSFDF) reported Operating Expenses of $1.3 million for Q1 2026, up 62.11% on a YoY basis from $772439.2 in Q1 2025, and up 96.24% quarter-over-quarter from $638101.4 in Q4 2025.
NXT Energy Solutions (NSFDF) Operating Expenses (2009 - 2026) Analysis & Trends
NXT Energy Solutions has reported Operating Expenses for 18 years, with the latest figure at $1.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 62.11% year-over-year to $1.3 million; the trailing twelve-month figure through Mar 2026 stood at $3.6 million (down 1.47% YoY), and the FY2025 full-year result was $8.6 million, up 51.22% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.3 million, up from $638101.4 in the prior quarter.
- The five-year high for Operating Expenses was $2752.6 billion in Q4 2022, with the low at $627476.7 in Q3 2023.
- Historically, Operating Expenses has averaged $161.9 billion across 5 years, with a median of $757924.7 in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 74933687.85% — and 2023, when it plunged 100.0%.
- NXT Energy Solutions' Operating Expenses stood at $2752.6 billion in 2022, then slumped by 100.0% to $2.4 million in 2023, then sank by 41.48% to $1.4 million in 2024, then sank by 55.06% to $638101.4 in 2025, then soared by 96.24% to $1.3 million in 2026.
- The last three Operating Expenses figures came in at $1.3 million (Q1 2026), $638101.4 (Q4 2025), and $815768.4 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 261.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 732.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 4.72 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 2.14 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -76.01 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 9.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 1.03 Bn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 45.83 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 238.95 Mn |
| 10 | NXT Energy Solutions | - | - | -221,195.80 | 1.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 1.42 Mn |
| Sep 30, 2024 | 735,891.06 |
| Jun 30, 2024 | 703,388.65 |
| Mar 31, 2024 | 757,924.67 |
| Dec 31, 2023 | 2.43 Mn |
| Sep 30, 2023 | 627,476.71 |
| Jun 30, 2023 | 701,056.10 |
| Mar 31, 2023 | 637,140.42 |
| Dec 31, 2022 | 2,752.64 Bn |
| 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 |