Nextpower (NXT) Operating Expenses (2021 - 2026)
Nextpower (NXT) posted quarterly Operating Expenses of $144.9 million for Q3 2026, up 51.78% year-over-year from $95.5 million in Q3 2025, and up 0.8% on a QoQ basis from $143.8 million in Q1 2026.
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.
- Operating Expenses for Q3 2026 came in at $144.9 million, up 51.78% year-over-year; the trailing twelve-month figure through Jul 2026 was $512.3 million (up 32.08% YoY), and the FY2026 annual result was $462.8 million, up 25.19% from the prior year.
- Operating Expenses climbed to $144.9 million in Q3 2026, from $143.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $144.9 million in Q3 2026 and troughed at $20.1 million in Q3 2022.
- A 5-year average of $75.2 million and a median of $73.6 million in 2024 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2023, when Operating Expenses jumped 159.58%; it then rose 22.11% in 2025.
- A 5-year view of Operating Expenses shows it stood at $23.6 million in 2022, then jumped by 159.58% to $61.3 million in 2023, then soared by 48.02% to $90.7 million in 2024, then grew by 23.56% to $112.0 million in 2025, then rose by 29.38% to $144.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $144.9 million in Q3 2026, $143.8 million in Q1 2026, and $112.0 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 154.62 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 144.95 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 123.50 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 835.20 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 111.20 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 30.80 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 188.46 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -232.93 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 64.84 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | -11.49 Mn |
Historic Data
Download 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 |