Nextpower (NXT) Interest Expenses (2022 - 2026)

Nextpower's (NXT) quarterly Interest Expenses came in at $26.6 million in Q1 2026, up 2424.05% year-on-year from $1.1 million in Q1 2025, and up 138.87% quarter-over-quarter from $11.1 million in Q4 2025.

Nextpower (NXT) Interest Expenses (2022 - 2026) Analysis & Trends

Nextpower's Interest Expenses history runs 5 years deep, the most recent figure standing at $26.6 million for Q1 2026.

  • On a quarterly basis, Interest Expenses rose 2424.05% year-over-year to $26.6 million in Q1 2026; TTM through Mar 2026 was $26.6 million, a 2424.05% increase from a year earlier, with the FY2026 full-year figure at $327.7 million, up 3075.55% from the prior year.
  • Interest Expenses improved to $26.6 million in Q1 2026 per NXT's latest filing, from $11.1 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $32.5 million in Q3 2025 and bottomed at $250000.0 in Q4 2022.
  • The 5-year median for Interest Expenses is $7.1 million (2024), against an average of $12.3 million.
  • Across the five-year window, Interest Expenses plunged 82.19% in 2025 and jumped 2424.05% in 2026, its largest moves.
  • Year by year, Interest Expenses stood at $250000.0 in 2022, then jumped by 511.2% to $1.5 million in 2023, then soared by 1041.82% to $17.4 million in 2024, then sank by 36.29% to $11.1 million in 2025, then jumped by 138.87% to $26.6 million in 2026.
  • Per Business Quant, the three latest NXT Interest Expenses figures stand at $26.6 million (Q1 2026), $11.1 million (Q4 2025), and $32.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 56.27 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 26.55 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 28.41 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 83.69 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 210.73 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 2.90 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -48.46 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 28.38 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -785,260.00

Historic Data

Download Data
DateValue
Mar 31, 2026 26.55 Mn
Mar 31, 2026 26.55 Mn
Dec 31, 2025 11.12 Mn
Dec 31, 2025 11.12 Mn
Sep 26, 2025 32.48 Mn
Sep 26, 2025 32.48 Mn
Jun 27, 2025 25.27 Mn
Jun 27, 2025 25.27 Mn
Mar 31, 2025 1.05 Mn
Mar 31, 2025 1.05 Mn
Dec 31, 2024 17.45 Mn
Dec 31, 2024 17.45 Mn
Sep 27, 2024 7.09 Mn
Sep 27, 2024 7.09 Mn
Jun 28, 2024 6.62 Mn
Jun 28, 2024 6.62 Mn
Mar 31, 2024 5.91 Mn
Mar 31, 2024 5.91 Mn
Mar 31, 2023 1.53 Mn
Mar 31, 2023 1.53 Mn