NXT Energy Solutions (NSFDF) Operating Expenses (2009 - 2026)
NXT Energy Solutions' (NSFDF) quarterly Operating Expenses came in at $1.4 million in Q1 2026, up 65.88% YoY from $814790.1 in Q1 2025, and up 111.81% on a QoQ basis from $638101.4 in Q4 2025.
NXT Energy Solutions (NSFDF) Operating Expenses (2009 - 2026) Analysis & Trends
NXT Energy Solutions (NSFDF) has 18 years of Operating Expenses data on file, last reported at $1.4 million in Q1 2026.
- Quarterly Operating Expenses rose 65.88% year-over-year to $1.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.7 million (changed 0.1% YoY) and the FY2025 annual result came in at $8.6 million, up 47.93% from the prior year.
- Operating Expenses improved to $1.4 million in Q1 2026, from $638101.4 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $2.8 million in Q2 2022 to a low of -$2.2 million in Q4 2022.
- A 5-year average of $859562.2 and a median of $738708.6 in 2022 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 406.53% in 2022, down 158.84% in 2022.
- Tracing NSFDF's Operating Expenses over 5 years: stood at -$2.2 million in 2022, then jumped by 212.24% 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 surged by 111.81% to $1.4 million in 2026.
- The last three Operating Expenses figures came in at $1.4 million (Q1 2026), $638101.4 (Q4 2025), and $815768.4 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.90 Bn | 75.83 Bn | 4.63 Bn | 324.00 Mn |
| 2 | Baker Hughes | 62.00 Bn | 46.27 Bn | 1.58 Bn | 723.00 Mn |
| 3 | Tenaris | 52.90 Bn | 43.87 Bn | 984.66 | -484,107.00 Bn |
| 4 | TechnipFMC | 30.93 Bn | 29.69 Bn | 1.40 Bn | 2.28 Bn |
| 5 | Halliburton | 29.53 Bn | 27.48 Bn | 2.10 Bn | 4.94 Bn |
| 6 | Nov | 7.25 Bn | 6.09 Bn | 521.00 Mn | 1.04 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 998.00 Mn |
| 8 | Kodiak Gas Services | 5.68 Bn | 5.54 Bn | 246.76 Mn | 266.88 Mn |
| 9 | Archrock | 5.55 Bn | 5.54 Bn | 244.51 Mn | 39.97 Mn |
| 10 | NXT Energy Solutions | 32.27 Mn | 31.02 Mn | - | 1.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.35 Mn |
| Dec 31, 2025 | 638,101.38 |
| Sep 30, 2025 | 815,768.41 |
| Jun 30, 2025 | 872,145.53 |
| Mar 31, 2025 | 814,790.14 |
| 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 | -2.16 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 |