Nextpower (NXT) Tax Provisions (2021 - 2026)
Nextpower's (NXT) 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 (NXT) Tax Provisions (2021 - 2026) Analysis & Trends
Nextpower's Tax Provisions history runs 6 years deep, the most recent figure standing at $9.0 million for Q1 2026.
- On a quarterly basis, Tax Provisions fell 77.89% year-over-year to $9.0 million in Q1 2026; TTM through Mar 2026 was $127.9 million, a 2.16% decrease from a year earlier, with the FY2026 full-year figure at $127.9 million, down 2.16% from the prior year.
- Tax Provisions declined to $9.0 million in Q1 2026 per NXT's latest filing, from $49.3 million in the prior quarter.
- Across five years, Tax Provisions topped out at $59.9 million in Q1 2024 and bottomed at $1.4 million in Q1 2022.
- The 5-year median for Tax Provisions is $19.9 million (2024), against an average of $24.7 million.
- Across the five-year window, Tax Provisions surged 824.87% in 2023 and plunged 77.89% in 2026, its largest moves.
- Year by year, Tax Provisions stood at $18.4 million in 2022, then jumped by 110.49% to $38.8 million in 2023, then rose by 10.37% to $42.8 million in 2024, then advanced by 14.99% to $49.3 million in 2025, then tumbled by 81.67% to $9.0 million in 2026.
- Per Business Quant, the three latest NXT Tax Provisions figures stand at $9.0 million (Q1 2026), $49.3 million (Q4 2025), and $35.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 7.72 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 9.03 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -6.50 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 54.98 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 1.29 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 7.07 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -89,000.00 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 4.18 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 2.13 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | -5.53 Mn |
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 |