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| 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 |