Nextpower (NXT) Research & Development (2021 - 2026)
Nextpower (NXT) posted Research & Development of $44.5 million for Q3 2026, up 3.11% on a QoQ basis from $43.2 million in Q1 2026, and up 106.44% year-over-year from $21.6 million in Q3 2025.
Analysis
Nextpower (NXT) Research & Development (2021 - 2026) Analysis & Trends
Nextpower has reported Research & Development for 6 years, with the latest figure at $44.5 million in Q3 2026.
- On a quarterly basis, Research & Development rose 106.44% year-over-year to $44.5 million in Q3 2026; TTM through Jul 2026 was $143.9 million, a 70.38% increase from a year earlier, with the FY2026 full-year figure at $120.9 million, up 52.29% from the prior year.
- Research & Development was $44.5 million for Q3 2026 at Nextpower, up from $43.2 million in the prior quarter.
- The five-year high for Research & Development was $44.5 million in Q3 2026, with the low at $3.6 million in Q1 2022.
- Average Research & Development over 5 years is $17.2 million, with a median of $14.8 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Research & Development surged 193.46% in 2024, then jumped 30.52% in 2025.
- Over 5 years, Research & Development stood at $5.0 million in 2022, then jumped by 158.77% to $12.9 million in 2023, then surged by 55.8% to $20.1 million in 2024, then surged by 45.78% to $29.3 million in 2025, then jumped by 51.94% to $44.5 million in 2026.
- The last three Research & Development figures came in at $44.5 million (Q3 2026), $43.2 million (Q1 2026), and $29.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 76.24 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 44.51 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 45.66 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 52.75 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 20.80 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | - |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -34.10 Mn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | -1.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 44.51 Mn |
| 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 |