Nextpower (NXT) Operating Expenses (2021 - 2026)
Nextpower (NXT) posted Operating Expenses of $144.9 million for Q3 2026, up 0.8% on a QoQ basis from $143.8 million in Q1 2026, and up 51.78% year-over-year from $95.5 million in Q3 2025.
Analysis
Nextpower (NXT) Operating Expenses (2021 - 2026) Analysis & Trends
Nextpower has reported Operating Expenses for 6 years, with the latest figure at $144.9 million in Q3 2026.
- On a quarterly basis, Operating Expenses rose 51.78% year-over-year to $144.9 million in Q3 2026; TTM through Jul 2026 was $512.3 million, a 32.08% increase from a year earlier, with the FY2026 full-year figure at $462.8 million, up 25.19% from the prior year.
- Operating Expenses was $144.9 million for Q3 2026 at Nextpower, up from $143.8 million in the prior quarter.
- The five-year high for Operating Expenses was $144.9 million in Q3 2026, with the low at $20.1 million in Q3 2022.
- Average Operating Expenses over 5 years is $75.2 million, with a median of $73.6 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses surged 159.58% in 2023, then grew 22.11% in 2025.
- Over 5 years, Operating Expenses stood at $23.6 million in 2022, then soared by 159.58% to $61.3 million in 2023, then surged by 48.02% to $90.7 million in 2024, then rose by 23.56% to $112.0 million in 2025, then advanced by 29.38% to $144.9 million in 2026.
- The last three Operating Expenses figures came in at $144.9 million (Q3 2026), $143.8 million (Q1 2026), and $112.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.88 Bn | 20.15 Bn | 605.00 Mn | 154.62 Mn |
| 2 | Nextpower | 12.39 Bn | 11.18 Bn | 335.85 Mn | 144.95 Mn |
| 3 | Enphase Energy | 4.85 Bn | 3.91 Bn | 175.01 Mn | 123.50 Mn |
| 4 | Solaredge Technologies | 2.15 Bn | 1.57 Bn | 95.15 Mn | 111.20 Mn |
| 5 | T1 Energy | 1.36 Bn | 1.15 Bn | 49.10 Mn | 71.88 Mn |
| 6 | Shoals Technologies | 1.18 Bn | 1.17 Bn | 49.53 Mn | 30.80 Mn |
| 7 | Canadian Solar | 910.82 Mn | -555.68 Mn | 168.48 Mn | 239.53 Mn |
| 8 | Array Technologies | 687.01 Mn | 379.71 Mn | 99.60 Mn | 64.84 Mn |
| 9 | JinkoSolar Holding | 638.26 Mn | -2.04 Bn | 75.62 Mn | -287.32 Mn |
| 10 | Toyo | 131.23 Mn | 21.19 Mn | 36.97 Mn | -14.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 144.95 Mn |
| 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 |