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| Date | Value |
|---|---|
| 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 |