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

Nextpower (NXT) recorded quarterly Cost of Revenue of $583.1 million in Q1 2026, down 6.13% quarter-over-quarter from $621.2 million in Q4 2025, and down 5.74% on a YoY basis from $618.7 million in Q1 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.

  • In Q1 2026, Cost of Revenue fell 5.74% year-over-year to $583.1 million; the TTM figure through Mar 2026 stood at $2.4 billion (up 23.02% YoY), while the FY2026 annual figure was $2.4 billion, up 23.02% from the prior year.
  • Cost of Revenue was $583.1 million for Q1 2026 at Nextpower, down from $621.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $621.2 million in Q4 2025 to a low of $353.4 million in Q3 2022.
  • Historically, Cost of Revenue has averaged $473.7 million across 5 years, with a median of $431.1 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue declined 12.43% in 2024, then surged 56.21% in 2025.
  • A 5-year view of Cost of Revenue shows it 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.
  • The last three Cost of Revenue figures came in at $583.1 million (Q1 2026), $621.2 million (Q4 2025), and $612.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 558.11 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 583.14 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 48.09 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 242.22 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 178.53 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 99.55 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 160.41 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 1.63 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 14.40 Mn
10 Skycorp Solar 110.38 Mn 103.60 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