Nextpower (NXT) Gross Margin (2021 - 2026)
Nextpower (NXT) posted Gross Margin of 35.91% for Q3 2026, up 6.34% on a QoQ basis from 33.77% in Q1 2026, and up 332.0% year-over-year from 8.31% in Q3 2025.
Analysis
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.
- On a quarterly basis, Gross Margin rose 332.0% year-over-year to 35.91% in Q3 2026; TTM through Jul 2026 was 33.45%, a 49.0% decrease from a year earlier, with the FY2026 full-year figure at 32.59%, down 150.0% from the prior year.
- Gross Margin was 35.91% for Q3 2026 at Nextpower, up from 33.77% in the prior quarter.
- The five-year high for Gross Margin was 46.23% in Q1 2024, with the low at 8.86% in Q1 2022.
- Average Gross Margin over 5 years is 27.62%, with a median of 32.02% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 2881 bps in 2024, then tumbled 1316 bps in 2025.
- Over 5 years, Gross Margin stood at 16.02% in 2022, then surged by 84 bps to 29.52% in 2023, then rose by 20 bps to 35.46% in 2024, then dropped by 11 bps to 31.69% in 2025, then grew by 13 bps to 35.91% in 2026.
- The last three Gross Margin figures came in at 35.91% (Q3 2026), 33.77% (Q1 2026), and 31.69% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.30 Bn | 20.58 Bn | 605.00 Mn | 57.28% |
| 2 | Nextpower | 12.28 Bn | 11.07 Bn | 335.85 Mn | 35.91% |
| 3 | Enphase Energy | 4.85 Bn | 3.92 Bn | 175.01 Mn | 59.97% |
| 4 | Solaredge Technologies | 2.07 Bn | 1.49 Bn | 95.15 Mn | 27.48% |
| 5 | T1 Energy | 1.31 Bn | 1.10 Bn | 49.10 Mn | 19.63% |
| 6 | Shoals Technologies | 1.17 Bn | 1.16 Bn | 49.53 Mn | 30.31% |
| 7 | Canadian Solar | 881.85 Mn | -584.65 Mn | 168.48 Mn | 13.95% |
| 8 | Array Technologies | 696.41 Mn | 389.11 Mn | 99.60 Mn | 29.12% |
| 9 | JinkoSolar Holding | 614.82 Mn | -2.07 Bn | 75.62 Mn | 4.15% |
| 10 | Toyo | 132.44 Mn | 22.39 Mn | 36.97 Mn | 31.28% |
Historic Data
Download Data
Historic 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% |