Nextpower (NXT) Gross Margin (2021 - 2026)
Nextpower's (NXT) quarterly Gross Margin came in at 33.77% in Q1 2026, up 70.0% year-on-year from 19.87% in Q1 2025, and up 6.59% quarter-over-quarter from 31.69% in Q4 2025.
Nextpower (NXT) Gross Margin (2021 - 2026) Analysis & Trends
Nextpower's Gross Margin history runs 6 years deep, the most recent figure standing at 33.77% for Q1 2026.
- On a quarterly basis, Gross Margin rose 70.0% year-over-year to 33.77% in Q1 2026; TTM through Mar 2026 was 32.59%, a 150.0% decrease from a year earlier, with the FY2026 full-year figure at 32.59%, down 150.0% from the prior year.
- Gross Margin rose to 33.77% in Q1 2026 per NXT's latest filing, from 31.69% in the prior quarter.
- Across five years, Gross Margin topped out at 46.23% in Q1 2024 and bottomed at 8.86% in Q1 2022.
- The 5-year median for Gross Margin is 31.69% (2025), against an average of 27.13%.
- Across the five-year window, Gross Margin soared 2881 bps in 2024 and plunged 1316 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 16.02% in 2022, then jumped by 84 bps to 29.52% in 2023, then increased by 20 bps to 35.46% in 2024, then slipped by 11 bps to 31.69% in 2025, then rose by 7 bps to 33.77% in 2026.
- Per Business Quant, the three latest NXT Gross Margin figures stand at 33.77% (Q1 2026), 31.69% (Q4 2025), and 32.35% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 46.55% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 33.77% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 35.49% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 8.32% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 21.99% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 56.42% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 29.18% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 10.22% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 28.20% |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 33.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |