Nextpower (NXT) Gross Margin (2021 - 2026)
Nextpower's 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 has reported Gross Margin for 6 years, with the latest figure at 33.77% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 70.0% year-over-year to 33.77%; the trailing twelve-month figure through Mar 2026 stood at 32.59% (down 150.0% YoY), and the FY2026 full-year result was 32.59%, down 150.0% from the prior year.
- Gross Margin for Q1 2026 stood at 33.77%, up from 31.69% 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 27.13%, with a median of 31.69% recorded in 2025.
- Year-over-year, Gross Margin soared 2881 bps in 2024 and plunged 1316 bps in 2025.
- Tracing NXT's Gross Margin over 5 years: 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 gained 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 46.55% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 33.77% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 10.22% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 35.49% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 21.99% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 75.28% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 29.18% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 28.20% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 8.32% |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 42.84% |
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% |