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
DateValue
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%