Growth Metrics

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 🔒
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%