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
DateValue
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