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
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 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