Nextpower (NXT) Tax Provisions (2021 - 2026)
Nextpower (NXT) posted Tax Provisions of $33.6 million for Q3 2026, up 271.68% on a QoQ basis from $9.0 million in Q1 2026, and down 0.63% year-over-year from $33.8 million in Q3 2025.
Analysis
Nextpower (NXT) Tax Provisions (2021 - 2026) Analysis & Trends
Nextpower has reported Tax Provisions for 6 years, with the latest figure at $33.6 million in Q3 2026.
- On a quarterly basis, Tax Provisions fell 0.63% year-over-year to $33.6 million in Q3 2026; TTM through Jul 2026 was $127.7 million, a 7.04% decrease from a year earlier, with the FY2026 full-year figure at $127.9 million, down 2.16% from the prior year.
- Tax Provisions was $33.6 million for Q3 2026 at Nextpower, up from $9.0 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 $25.2 million, with a median of $23.5 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Tax Provisions jumped 824.87% in 2023, then tumbled 77.89% in 2026.
- Over 5 years, Tax Provisions 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 tumbled by 31.86% to $33.6 million in 2026.
- The last three Tax Provisions figures came in at $33.6 million (Q3 2026), $9.0 million (Q1 2026), and $49.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.88 Bn | 20.15 Bn | 605.00 Mn | 36.81 Mn |
| 2 | Nextpower | 12.39 Bn | 11.18 Bn | 335.85 Mn | 33.57 Mn |
| 3 | Enphase Energy | 4.85 Bn | 3.91 Bn | 175.01 Mn | 25.82 Mn |
| 4 | Solaredge Technologies | 2.15 Bn | 1.57 Bn | 95.15 Mn | 2.33 Mn |
| 5 | T1 Energy | 1.36 Bn | 1.15 Bn | 49.10 Mn | 781,000.00 |
| 6 | Shoals Technologies | 1.18 Bn | 1.17 Bn | 49.53 Mn | 3.36 Mn |
| 7 | Canadian Solar | 910.82 Mn | -555.68 Mn | 168.48 Mn | -16.34 Mn |
| 8 | Array Technologies | 687.01 Mn | 379.71 Mn | 99.60 Mn | 7.40 Mn |
| 9 | JinkoSolar Holding | 638.26 Mn | -2.04 Bn | 75.62 Mn | 24.12 Mn |
| 10 | Toyo | 131.23 Mn | 21.19 Mn | 36.97 Mn | -4.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 33.57 Mn |
| 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 |