Growth Metrics

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

Nextpower's 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 has reported Research & Development for 6 years, with the latest figure at $43.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 83.02% year-over-year to $43.2 million; the trailing twelve-month figure through Mar 2026 stood at $120.9 million (up 52.29% YoY), and the FY2026 full-year result was $120.9 million, up 52.29% from the prior year.
  • Research & Development for Q1 2026 stood at $43.2 million, up from $29.3 million in the prior quarter.
  • The five-year high for Research & Development was $43.2 million in Q1 2026, with the low at $3.6 million in Q1 2022.
  • Average Research & Development over 5 years is $15.5 million, with a median of $13.1 million recorded in 2024.
  • Year-over-year, Research & Development soared 193.46% in 2024 and surged 30.52% in 2025.
  • Tracing NXT's Research & Development over 5 years: 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 soared 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 26.65 Bn 24.22 Bn 486.13 Mn 66.94 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 43.17 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 21.68 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 44.87 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 50.16 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 10.14 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -33.12 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 2.64 Mn

Historic Data

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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