Nextpower (NXT) Tax Provisions (2021 - 2026)
Nextpower's quarterly Tax Provisions came in at $9.0 million in Q1 2026, down 77.89% year-on-year from $40.8 million in Q1 2025, and down 81.67% quarter-over-quarter from $49.3 million in Q4 2025.
Nextpower has reported Tax Provisions for 6 years, with the latest figure at $9.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 77.89% year-over-year to $9.0 million; the trailing twelve-month figure through Mar 2026 stood at $127.9 million (down 2.16% YoY), and the FY2026 full-year result was $127.9 million, down 2.16% from the prior year.
- Tax Provisions for Q1 2026 stood at $9.0 million, down from $49.3 million in the prior quarter.
- The five-year high for Tax Provisions was $59.9 million in Q1 2024, with the low at $1.4 million in Q1 2022.
- Average Tax Provisions over 5 years is $24.7 million, with a median of $19.9 million recorded in 2024.
- Year-over-year, Tax Provisions surged 824.87% in 2023 and plunged 77.89% in 2026.
- Tracing NXT's Tax Provisions over 5 years: stood at $18.4 million in 2022, then surged by 110.49% to $38.8 million in 2023, then gained by 10.37% to $42.8 million in 2024, then climbed by 14.99% to $49.3 million in 2025, then plunged by 81.67% to $9.0 million in 2026.
- The last three Tax Provisions figures came in at $9.0 million (Q1 2026), $49.3 million (Q4 2025), and $35.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 7.72 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 9.03 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 4.18 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -6.45 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 1.29 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 7.07 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -89,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 2.10 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 54.98 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -164,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.03 Mn |
| Dec 31, 2025 | 49.26 Mn |
| Sep 26, 2025 | 35.86 Mn |
| Jun 27, 2025 | 33.78 Mn |
| Mar 31, 2025 | 40.85 Mn |
| Dec 31, 2024 | 42.84 Mn |
| Sep 27, 2024 | 19.93 Mn |
| Jun 28, 2024 | 27.15 Mn |
| Mar 31, 2024 | 59.86 Mn |
| Dec 31, 2023 | 38.82 Mn |
| Sep 29, 2023 | 4.00 Mn |
| Jun 30, 2023 | 9.10 Mn |
| Mar 31, 2023 | 12.53 Mn |
| Dec 31, 2022 | 18.44 Mn |
| Sep 30, 2022 | 11.08 Mn |
| Jul 1, 2022 | 5.70 Mn |
| Mar 31, 2022 | 1.36 Mn |
| Dec 31, 2021 | 4.47 Mn |