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| Date | Value |
|---|---|
| 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 |