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
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