Nextpower (NXT) Cost of Revenue (2021 - 2026)
Nextpower's 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 has reported Cost of Revenue for 6 years, with the latest figure at $583.1 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 5.74% year-over-year to $583.1 million; the trailing twelve-month figure through Mar 2026 stood at $2.4 billion (up 23.02% YoY), and the FY2026 full-year result was $2.4 billion, up 23.02% from the prior year.
- Cost of Revenue for Q1 2026 stood at $583.1 million, down from $621.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $621.2 million in Q4 2025, with the low at $353.4 million in Q3 2022.
- Average Cost of Revenue over 5 years is $473.7 million, with a median of $431.1 million recorded in 2022.
- Year-over-year, Cost of Revenue retreated 12.43% in 2024 and jumped 56.21% in 2025.
- Tracing NXT's Cost of Revenue over 5 years: stood at $431.1 million in 2022, then increased by 16.14% to $500.7 million in 2023, then dropped by 12.43% to $438.5 million in 2024, then soared by 41.68% to $621.2 million in 2025, then declined 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 558.11 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 583.14 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.09 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 48.09 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 242.22 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 178.53 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 99.55 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 160.41 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 1.63 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 14.40 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 |
| Sep 29, 2023 | 424.25 Mn |
| Sep 29, 2023 | 424.25 Mn |
| Jun 30, 2023 | 365.80 Mn |
| Jun 30, 2023 | 365.80 Mn |
| Mar 31, 2023 | 428.08 Mn |
| Mar 31, 2023 | 428.08 Mn |
| Dec 31, 2022 | 431.11 Mn |
| Dec 31, 2022 | 431.11 Mn |
| Sep 30, 2022 | 402.60 Mn |
| Sep 30, 2022 | 402.60 Mn |
| Jul 1, 2022 | 353.37 Mn |
| Jul 1, 2022 | 353.37 Mn |
| Mar 31, 2022 | 400.86 Mn |
| Mar 31, 2022 | 400.86 Mn |
| Dec 31, 2021 | 303.84 Mn |
| Dec 31, 2021 | 303.84 Mn |