Nextpower (NXT) Gross Margin (2021 - 2026)
Nextpower (NXT) posted quarterly Gross Margin of 35.91% for Q3 2026, up 332.0% year-over-year from 8.31% in Q3 2025, and up 6.34% on a QoQ basis from 33.77% in Q1 2026.
Nextpower (NXT) Gross Margin (2021 - 2026) Analysis & Trends
Nextpower has reported Gross Margin for 6 years, with the latest figure at 35.91% in Q3 2026.
- Gross Margin for Q3 2026 came in at 35.91%, up 332.0% year-over-year; the trailing twelve-month figure through Jul 2026 was 33.45% (down 49.0% YoY), and the FY2026 annual result was 32.59%, down 150.0% from the prior year.
- Gross Margin climbed to 35.91% in Q3 2026, from 33.77% in the prior quarter.
- Over five years, Gross Margin peaked at 46.23% in Q1 2024 and troughed at 8.86% in Q1 2022.
- A 5-year average of 27.62% and a median of 32.02% in 2025 frame the typical range for Gross Margin.
- The widest annual swing landed in 2024, when Gross Margin jumped 2881 bps; it then tumbled 1316 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 16.02% in 2022, then soared by 84 bps to 29.52% in 2023, then grew by 20 bps to 35.46% in 2024, then decreased by 11 bps to 31.69% in 2025, then advanced by 13 bps to 35.91% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 35.91% in Q3 2026, 33.77% in Q1 2026, and 31.69% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.32 Bn | 21.59 Bn | 605.00 Mn | 57.28% |
| 2 | Nextpower | 13.17 Bn | 11.96 Bn | 335.85 Mn | 35.91% |
| 3 | Enphase Energy | 5.12 Bn | 4.19 Bn | 175.01 Mn | 59.97% |
| 4 | Sunrun | 2.23 Bn | 2.23 Bn | 527.54 Mn | 60.64% |
| 5 | Solaredge Technologies | 1.91 Bn | 1.33 Bn | 95.15 Mn | 27.48% |
| 6 | Shoals Technologies | 1.22 Bn | 1.20 Bn | 49.53 Mn | 30.31% |
| 7 | Canadian Solar | 984.93 Mn | -603.36 Mn | 124.40 Mn | 10.22% |
| 8 | JinkoSolar Holding | 836.35 Mn | -2.47 Bn | 147.66 Mn | 8.32% |
| 9 | Array Technologies | 722.40 Mn | 415.10 Mn | 99.60 Mn | 29.12% |
| 10 | Toyo | 178.22 Mn | 101.58 Mn | 47.76 Mn | 33.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 35.91% |
| Mar 31, 2026 | 33.77% |
| Dec 31, 2025 | 31.69% |
| Sep 26, 2025 | 32.35% |
| Jun 27, 2025 | 32.60% |
| Mar 31, 2025 | 33.07% |
| Dec 31, 2024 | 35.46% |
| Sep 27, 2024 | 35.37% |
| Jun 28, 2024 | 32.98% |
| Mar 31, 2024 | 46.23% |
| Dec 31, 2023 | 29.52% |
| Sep 29, 2023 | 26.01% |
| Jun 30, 2023 | 23.72% |
| Mar 31, 2023 | 17.42% |
| Dec 31, 2022 | 16.02% |
| Sep 30, 2022 | 13.82% |
| Jul 1, 2022 | 12.37% |
| Mar 31, 2022 | 8.86% |
| Dec 31, 2021 | 10.00% |