Nextpower (NXT) Research & Development (2021 - 2026)
Nextpower's (NXT) quarterly Research & Development came in at $43.2 million in Q1 2026, up 83.02% year-on-year from $23.6 million in Q1 2025, and up 47.35% quarter-over-quarter from $29.3 million in Q4 2025.
Nextpower (NXT) Research & Development (2021 - 2026) Analysis & Trends
Nextpower's Research & Development history runs 6 years deep, the most recent figure standing at $43.2 million for Q1 2026.
- On a quarterly basis, Research & Development rose 83.02% year-over-year to $43.2 million in Q1 2026; TTM through Mar 2026 was $120.9 million, a 52.29% increase from a year earlier, with the FY2026 full-year figure at $120.9 million, up 52.29% from the prior year.
- Research & Development improved to $43.2 million in Q1 2026 per NXT's latest filing, from $29.3 million in the prior quarter.
- Across five years, Research & Development topped out at $43.2 million in Q1 2026 and bottomed at $3.6 million in Q1 2022.
- The 5-year median for Research & Development is $13.1 million (2024), against an average of $15.5 million.
- Across the five-year window, Research & Development soared 193.46% in 2024 and surged 30.52% in 2025, its largest moves.
- Year by year, Research & Development stood at $5.0 million in 2022, then soared by 158.77% to $12.9 million in 2023, then jumped by 55.8% to $20.1 million in 2024, then jumped by 45.78% to $29.3 million in 2025, then surged by 47.35% to $43.2 million in 2026.
- Per Business Quant, the three latest NXT Research & Development figures stand at $43.2 million (Q1 2026), $29.3 million (Q4 2025), and $26.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 66.94 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 43.17 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 48.09 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -33.12 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 27.45 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 178.53 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | - |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 21.68 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | - |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | -2.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.17 Mn |
| Dec 31, 2025 | 29.29 Mn |
| Sep 26, 2025 | 26.89 Mn |
| Jun 27, 2025 | 21.56 Mn |
| Mar 31, 2025 | 23.59 Mn |
| Dec 31, 2024 | 20.09 Mn |
| Sep 27, 2024 | 19.19 Mn |
| Jun 28, 2024 | 16.52 Mn |
| Mar 31, 2024 | 13.09 Mn |
| Dec 31, 2023 | 12.90 Mn |
| Sep 29, 2023 | 7.15 Mn |
| Jun 30, 2023 | 5.63 Mn |
| Mar 31, 2023 | 8.34 Mn |
| Dec 31, 2022 | 4.98 Mn |
| Sep 30, 2022 | 4.32 Mn |
| Jul 1, 2022 | 3.98 Mn |
| Mar 31, 2022 | 3.58 Mn |
| Dec 31, 2021 | 3.65 Mn |