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
DateValue
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