Nextpower (NXT) Operating Margin (2021 - 2026)

Nextpower's (NXT) quarterly Operating Margin came in at 17.44% in Q1 2026, down 369.0% year-on-year from 6.48% in Q1 2025, and down 9.93% quarter-over-quarter from 19.37% in Q4 2025.

Nextpower (NXT) Operating Margin (2021 - 2026) Analysis & Trends

Nextpower's Operating Margin history runs 6 years deep, the most recent figure standing at 17.44% for Q1 2026.

  • On a quarterly basis, Operating Margin fell 369.0% year-over-year to 17.44% in Q1 2026; TTM through Mar 2026 was 19.59%, a 201.0% decrease from a year earlier, with the FY2026 full-year figure at 19.59%, down 201.0% from the prior year.
  • Operating Margin eased to 17.44% in Q1 2026 per NXT's latest filing, from 19.37% in the prior quarter.
  • Across five years, Operating Margin topped out at 36.75% in Q1 2024 and bottomed at 1.72% in Q1 2022.
  • The 5-year median for Operating Margin is 19.37% (2025), against an average of 17.13%.
  • Across the five-year window, Operating Margin surged 2892 bps in 2024 and slumped 1562 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 11.43% in 2022, then surged by 83 bps to 20.9% in 2023, then grew by 6 bps to 22.11% in 2024, then fell by 12 bps to 19.37% in 2025, then declined by 10 bps to 17.44% in 2026.
  • Per Business Quant, the three latest NXT Operating Margin figures stand at 17.44% (Q1 2026), 19.37% (Q4 2025), and 20.03% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 33.07%
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 17.44%
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -10.48%
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -4.80%
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -17.73%
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -6.02%
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 5.49%
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -5.26%
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 3.18%
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 25.40%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.44%
Dec 31, 2025 19.37%
Sep 26, 2025 20.03%
Jun 27, 2025 21.55%
Mar 31, 2025 21.13%
Dec 31, 2024 22.11%
Sep 27, 2024 21.00%
Jun 28, 2024 22.24%
Mar 31, 2024 36.75%
Dec 31, 2023 20.90%
Sep 29, 2023 16.41%
Jun 30, 2023 15.41%
Mar 31, 2023 7.83%
Dec 31, 2022 11.43%
Sep 30, 2022 8.45%
Jul 1, 2022 7.38%
Mar 31, 2022 1.72%
Dec 31, 2021 5.07%