Nextpower (NXT) Operating Margin (2021 - 2026)
Nextpower (NXT) posted Operating Margin of 20.41% for Q3 2026, up 17.04% on a QoQ basis from 17.44% in Q1 2026, and down 113.0% year-over-year from 157.03% in Q3 2025.
Analysis
Nextpower (NXT) Operating Margin (2021 - 2026) Analysis & Trends
Nextpower has reported Operating Margin for 6 years, with the latest figure at 20.41% in Q3 2026.
- On a quarterly basis, Operating Margin fell 113.0% year-over-year to 20.41% in Q3 2026; TTM through Jul 2026 was 19.34%, a 210.0% decrease from a year earlier, with the FY2026 full-year figure at 19.59%, down 201.0% from the prior year.
- Operating Margin was 20.41% for Q3 2026 at Nextpower, up from 17.44% in the prior quarter.
- The five-year high for Operating Margin was 36.75% in Q1 2024, with the low at 1.72% in Q1 2022.
- Average Operating Margin over 5 years is 17.31%, with a median of 19.7% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Operating Margin jumped 2892 bps in 2024, then sank 1562 bps in 2025.
- Over 5 years, Operating Margin stood at 11.43% in 2022, then soared by 83 bps to 20.9% in 2023, then increased by 6 bps to 22.11% in 2024, then retreated by 12 bps to 19.37% in 2025, then rose by 5 bps to 20.41% in 2026.
- The last three Operating Margin figures came in at 20.41% (Q3 2026), 17.44% (Q1 2026), and 19.37% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 42.64% |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | 20.41% |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 17.65% |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn | -4.63% |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn | -9.11% |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 11.46% |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | -5.88% |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 10.16% |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | -11.62% |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 19.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 20.41% |
| 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% |