Nextpower (NXT) Operating Expenses (2021 - 2026)

Nextpower's (NXT) quarterly Operating Expenses came in at $143.8 million in Q1 2026, up 30.27% year-on-year from $110.4 million in Q1 2025, and up 28.35% quarter-over-quarter from $112.0 million in Q4 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.

  • On a quarterly basis, Operating Expenses rose 30.27% year-over-year to $143.8 million in Q1 2026; TTM through Mar 2026 was $462.8 million, a 25.19% increase from a year earlier, with the FY2026 full-year figure at $462.8 million, up 25.19% from the prior year.
  • Operating Expenses grew to $143.8 million in Q1 2026 per NXT's latest filing, from $112.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $143.8 million in Q1 2026 and bottomed at $20.1 million in Q3 2022.
  • The 5-year median for Operating Expenses is $69.8 million (2024), against an average of $71.1 million.
  • Across the five-year window, Operating Expenses soared 159.58% in 2023 and increased 22.11% in 2025, its largest moves.
  • Year by year, Operating Expenses 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.
  • Per Business Quant, the three latest NXT Operating Expenses figures stand at $143.8 million (Q1 2026), $112.0 million (Q4 2025), and $111.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 140.83 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 143.79 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 130.04 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -232.93 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 123.32 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 765.74 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 33.29 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 188.46 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 55.90 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -11.49 Mn

Historic Data

Download Data
DateValue
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