Nextpower (NXT) Cost of Revenue (2021 - 2026)

Nextpower's (NXT) quarterly Cost of Revenue came in at $583.1 million in Q1 2026, down 5.74% year-on-year from $618.7 million in Q1 2025, and down 6.13% quarter-over-quarter from $621.2 million in Q4 2025.

Nextpower (NXT) Cost of Revenue (2021 - 2026) Analysis & Trends

Nextpower's Cost of Revenue history runs 6 years deep, the most recent figure standing at $583.1 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue fell 5.74% year-over-year to $583.1 million in Q1 2026; TTM through Mar 2026 was $2.4 billion, a 23.02% increase from a year earlier, with the FY2026 full-year figure at $2.4 billion, up 23.02% from the prior year.
  • Cost of Revenue slipped to $583.1 million in Q1 2026 per NXT's latest filing, from $621.2 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $621.2 million in Q4 2025 and bottomed at $353.4 million in Q3 2022.
  • The 5-year median for Cost of Revenue is $431.1 million (2022), against an average of $473.7 million.
  • Across the five-year window, Cost of Revenue retreated 12.43% in 2024 and jumped 56.21% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $431.1 million in 2022, then grew by 16.14% to $500.7 million in 2023, then slipped by 12.43% to $438.5 million in 2024, then surged by 41.68% to $621.2 million in 2025, then dropped by 6.13% to $583.1 million in 2026.
  • Per Business Quant, the three latest NXT Cost of Revenue figures stand at $583.1 million (Q1 2026), $621.2 million (Q4 2025), and $612.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 558.11 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 583.14 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 182.51 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 1.63 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 242.22 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 314.74 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 99.55 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 1.09 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 160.41 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 95.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 583.14 Mn
Mar 31, 2026 583.14 Mn
Dec 31, 2025 621.22 Mn
Dec 31, 2025 621.22 Mn
Sep 26, 2025 612.41 Mn
Sep 26, 2025 612.41 Mn
Jun 27, 2025 582.53 Mn
Jun 27, 2025 582.53 Mn
Mar 31, 2025 618.66 Mn
Mar 31, 2025 618.66 Mn
Dec 31, 2024 438.46 Mn
Dec 31, 2024 438.46 Mn
Sep 27, 2024 410.78 Mn
Sep 27, 2024 410.78 Mn
Jun 28, 2024 482.48 Mn
Jun 28, 2024 482.48 Mn
Mar 31, 2024 396.05 Mn
Mar 31, 2024 396.05 Mn
Dec 31, 2023 500.70 Mn
Dec 31, 2023 500.70 Mn