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| 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% |