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| 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 | -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 |