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
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 |