Growth Metrics

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

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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