Nextpower (NXT) Gross Margin (2021 - 2026)

Nextpower (NXT) recorded quarterly Gross Margin of 33.77% in Q1 2026, up 6.59% quarter-over-quarter from 31.69% in Q4 2025, and up 70.0% on a YoY basis from 19.87% in Q1 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.

  • In Q1 2026, Gross Margin rose 70.0% year-over-year to 33.77%; the TTM figure through Mar 2026 stood at 32.59% (down 150.0% YoY), while the FY2026 annual figure was 32.59%, down 150.0% from the prior year.
  • Gross Margin was 33.77% for Q1 2026 at Nextpower, up from 31.69% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 46.23% in Q1 2024 to a low of 8.86% in Q1 2022.
  • Historically, Gross Margin has averaged 27.13% across 5 years, with a median of 31.69% in 2025.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 2881 bps in 2024, then plunged 1316 bps in 2025.
  • A 5-year view of Gross Margin shows it 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.
  • The last three Gross Margin figures came in at 33.77% (Q1 2026), 31.69% (Q4 2025), and 32.35% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 46.55%
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 33.77%
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 35.49%
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 21.99%
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 75.28%
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 29.18%
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 28.20%
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 8.32%
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 42.84%
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

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%