Nextpower (NXT) Research & Development (2021 - 2026)

Nextpower (NXT) recorded quarterly Research & Development of $43.2 million in Q1 2026, up 47.35% quarter-over-quarter from $29.3 million in Q4 2025, and up 83.02% on a YoY basis from $23.6 million in Q1 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.

  • In Q1 2026, Research & Development rose 83.02% year-over-year to $43.2 million; the TTM figure through Mar 2026 stood at $120.9 million (up 52.29% YoY), while the FY2026 annual figure was $120.9 million, up 52.29% from the prior year.
  • Research & Development was $43.2 million for Q1 2026 at Nextpower, up from $29.3 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $43.2 million in Q1 2026 to a low of $3.6 million in Q1 2022.
  • Historically, Research & Development has averaged $15.5 million across 5 years, with a median of $13.1 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Research & Development jumped 193.46% in 2024, then soared 30.52% in 2025.
  • A 5-year view of Research & Development shows it 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.
  • The last three Research & Development figures came in at $43.2 million (Q1 2026), $29.3 million (Q4 2025), and $26.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 66.94 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 43.17 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 44.87 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 50.16 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 10.14 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -33.12 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 2.64 Mn
10 Skycorp Solar 110.38 Mn 103.60 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