Nextpower (NXT) Cost of Revenue (2021 - 2026)
Nextpower (NXT) posted quarterly Cost of Revenue of $599.3 million for Q3 2026, up 2.88% year-over-year from $582.5 million in Q3 2025, and up 2.77% on a QoQ basis from $583.1 million in Q1 2026.
Nextpower (NXT) Cost of Revenue (2021 - 2026) Analysis & Trends
Nextpower has reported Cost of Revenue for 6 years, with the latest figure at $599.3 million in Q3 2026.
- Cost of Revenue for Q3 2026 came in at $599.3 million, up 2.88% year-over-year; the trailing twelve-month figure through Jul 2026 was $2.4 billion (up 17.83% YoY), and the FY2026 annual result was $2.4 billion, up 23.02% from the prior year.
- Cost of Revenue improved to $599.3 million in Q3 2026, from $583.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $621.2 million in Q4 2025 and troughed at $353.4 million in Q3 2022.
- A 5-year average of $480.7 million and a median of $434.8 million in 2022 frame the typical range for Cost of Revenue.
- The widest annual swing landed in 2024, when Cost of Revenue decreased 12.43%; it then surged 56.21% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $431.1 million in 2022, then climbed by 16.14% to $500.7 million in 2023, then decreased by 12.43% to $438.5 million in 2024, then jumped by 41.68% to $621.2 million in 2025, then slipped by 3.53% to $599.3 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $599.3 million in Q3 2026, $583.1 million in Q1 2026, and $621.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 451.19 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 599.32 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 116.84 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 342.45 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 251.09 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 113.85 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.09 Bn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 1.63 Bn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 242.46 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | 95.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 599.32 Mn |
| Jul 3, 2026 | 599.32 Mn |
| 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 |