NXT Energy Solutions (NSFDF) Retained Earnings (2009 - 2026)
NXT Energy Solutions (NSFDF) reported Retained Earnings of -$82.4 million for Q1 2026, down 17.55% on a YoY basis from -$99.9 million in Q1 2025, and down 3.91% quarter-over-quarter from -$79.3 million in Q4 2025.
NXT Energy Solutions (NSFDF) Retained Earnings (2009 - 2026) Analysis & Trends
NXT Energy Solutions has reported Retained Earnings for 18 years, with the latest figure at -$82.4 million in Q1 2026.
- For the quarter ending Q1 2026, Retained Earnings fell 17.55% year-over-year to -$82.4 million; the trailing twelve-month figure through Mar 2026 stood at -$82.4 million (down 17.55% YoY), and the FY2025 full-year result was -$79.3 million, down 2.32% from the prior year.
- Retained Earnings for Q1 2026 stood at -$82.4 million, down from -$79.3 million in the prior quarter.
- The five-year high for Retained Earnings was -$69.1 million in Q4 2022, with the low at -$82.4 million in Q1 2026.
- Historically, Retained Earnings has averaged -$74.4 million across 5 years, with a median of -$73.7 million in 2023.
- Annual changes were most pronounced in 2025 — Retained Earnings increased 6.46% — and 2026, when it declined 17.55%.
- NXT Energy Solutions' Retained Earnings stood at -$69.1 million in 2022, then declined by 5.5% to -$72.9 million in 2023, then slipped by 6.38% to -$77.5 million in 2024, then declined by 2.32% to -$79.3 million in 2025, then retreated by 3.91% to -$82.4 million in 2026.
- The last three Retained Earnings figures came in at -$82.4 million (Q1 2026), -$79.3 million (Q4 2025), and -$79.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 18.37 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | -2.32 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | -343.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | -1.35 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 93.22 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | -687.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -1.04 Bn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | -2.22 Bn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | -99,000.00 |
| 10 | NXT Energy Solutions | - | - | -221,195.80 | -82.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -82.40 Mn |
| Dec 31, 2025 | -79.30 Mn |
| Sep 30, 2025 | -79.45 Mn |
| Jun 30, 2025 | -77.63 Mn |
| Mar 31, 2025 | -70.10 Mn |
| Dec 31, 2024 | -77.50 Mn |
| Sep 30, 2024 | -77.31 Mn |
| Jun 30, 2024 | -76.03 Mn |
| Mar 31, 2024 | -74.93 Mn |
| Dec 31, 2023 | -72.86 Mn |
| Sep 30, 2023 | -73.67 Mn |
| Jun 30, 2023 | -72.25 Mn |
| Mar 31, 2023 | -70.53 Mn |
| Dec 31, 2022 | -69.06 Mn |
| Sep 30, 2022 | -70.74 Mn |
| Jun 30, 2022 | -71.08 Mn |
| Mar 31, 2022 | -70.14 Mn |
| Dec 31, 2021 | -69.02 Mn |
| Sep 30, 2021 | -67.87 Mn |
| Jun 30, 2021 | -68.37 Mn |