Nextpower (NXT) Operating Expenses (2021 - 2026)
Nextpower (NXT) recorded quarterly Operating Expenses of $143.8 million in Q1 2026, up 28.35% quarter-over-quarter from $112.0 million in Q4 2025, and up 30.27% on a YoY basis from $110.4 million in Q1 2025.
Nextpower (NXT) Operating Expenses (2021 - 2026) Analysis & Trends
Nextpower's Operating Expenses history runs 6 years deep, the most recent figure standing at $143.8 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 30.27% year-over-year to $143.8 million; the TTM figure through Mar 2026 stood at $462.8 million (up 25.19% YoY), while the FY2026 annual figure was $462.8 million, up 25.19% from the prior year.
- Operating Expenses was $143.8 million for Q1 2026 at Nextpower, up from $112.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $143.8 million in Q1 2026 to a low of $20.1 million in Q3 2022.
- Historically, Operating Expenses has averaged $71.1 million across 5 years, with a median of $69.8 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 159.58% in 2023, then climbed 22.11% in 2025.
- A 5-year view of Operating Expenses shows it stood at $23.6 million in 2022, then surged by 159.58% to $61.3 million in 2023, then jumped by 48.02% to $90.7 million in 2024, then increased by 23.56% to $112.0 million in 2025, then advanced by 28.35% to $143.8 million in 2026.
- The last three Operating Expenses figures came in at $143.8 million (Q1 2026), $112.0 million (Q4 2025), and $111.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 140.83 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 143.79 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 130.04 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 123.32 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 765.74 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 33.29 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 55.90 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -232.93 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 13.20 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 143.79 Mn |
| Dec 31, 2025 | 112.03 Mn |
| Sep 26, 2025 | 111.52 Mn |
| Jun 27, 2025 | 95.50 Mn |
| Mar 31, 2025 | 110.38 Mn |
| Dec 31, 2024 | 90.67 Mn |
| Sep 27, 2024 | 91.32 Mn |
| Jun 28, 2024 | 77.35 Mn |
| Mar 31, 2024 | 69.80 Mn |
| Dec 31, 2023 | 61.25 Mn |
| Sep 29, 2023 | 55.02 Mn |
| Jun 30, 2023 | 39.86 Mn |
| Mar 31, 2023 | 49.73 Mn |
| Dec 31, 2022 | 23.60 Mn |
| Sep 30, 2022 | 25.07 Mn |
| Jul 1, 2022 | 20.09 Mn |
| Mar 31, 2022 | 31.38 Mn |
| Dec 31, 2021 | 16.66 Mn |