Nextpower (NXT) Operating Expenses (2021 - 2026)
Nextpower's 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 has reported Operating Expenses for 6 years, with the latest figure at $143.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 30.27% year-over-year to $143.8 million; the trailing twelve-month figure through Mar 2026 stood at $462.8 million (up 25.19% YoY), and the FY2026 full-year result was $462.8 million, up 25.19% from the prior year.
- Operating Expenses for Q1 2026 stood at $143.8 million, up from $112.0 million in the prior quarter.
- The five-year high for Operating Expenses was $143.8 million in Q1 2026, with the low at $20.1 million in Q3 2022.
- Average Operating Expenses over 5 years is $71.1 million, with a median of $69.8 million recorded in 2024.
- Year-over-year, Operating Expenses soared 159.58% in 2023 and increased 22.11% in 2025.
- Tracing NXT's Operating Expenses over 5 years: 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 climbed 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 140.83 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 143.79 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 188.46 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 130.04 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 123.32 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 765.74 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 33.29 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 55.90 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -232.93 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 13.20 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 |