Nextpower (NXT) Tax Rate (2021 - 2026)
Nextpower (NXT) posted quarterly Tax Rate of 16.88% for Q3 2026, down 82.0% year-over-year from 93.75% in Q3 2025, and up 198.27% on a QoQ basis from 5.66% in Q1 2026.
Nextpower (NXT) Tax Rate (2021 - 2026) Analysis & Trends
Nextpower has reported Tax Rate for 6 years, with the latest figure at 16.88% in Q3 2026.
- Tax Rate for Q3 2026 came in at 16.88%, down 82.0% year-over-year; the trailing twelve-month figure through Jul 2026 was 17.7% (down 230.0% YoY), and the FY2026 annual result was 17.92%, down 226.0% from the prior year.
- Tax Rate advanced to 16.88% in Q3 2026, from 5.66% in the prior quarter.
- Over five years, Tax Rate peaked at 31.28% in Q1 2023 and troughed at 4.68% in Q3 2023.
- A 5-year average of 19.84% and a median of 19.37% in 2025 frame the typical range for Tax Rate.
- The largest YoY upside for Tax Rate was 1233 bps in 2023 against a maximum downside of 2434 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 30.22% in 2022, then decreased by 23 bps to 23.28% in 2023, then advanced by 15 bps to 26.74% in 2024, then climbed by 2 bps to 27.29% in 2025, then plunged by 38 bps to 16.88% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 16.88% in Q3 2026, 5.66% in Q1 2026, and 27.29% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.18 Bn | 21.46 Bn | 605.00 Mn | 8.01% |
| 2 | Nextpower | 13.21 Bn | 12.00 Bn | 335.85 Mn | 16.88% |
| 3 | Enphase Energy | 5.14 Bn | 4.20 Bn | 175.01 Mn | 41.71% |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 1.87% |
| 5 | Solaredge Technologies | 1.91 Bn | 1.33 Bn | 95.15 Mn | -8.19% |
| 6 | Shoals Technologies | 1.22 Bn | 1.20 Bn | 49.53 Mn | 21.67% |
| 7 | Canadian Solar | 990.63 Mn | -597.65 Mn | 124.40 Mn | -3.52% |
| 8 | JinkoSolar Holding | 836.61 Mn | -2.47 Bn | 147.66 Mn | -31.47% |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 23.33% |
| 10 | Toyo | 178.97 Mn | 102.33 Mn | 47.76 Mn | -16.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 16.88% |
| Jul 3, 2026 | 16.88% |
| Jul 3, 2026 | 16.88% |
| Mar 31, 2026 | 5.66% |
| Mar 31, 2026 | 5.66% |
| Mar 31, 2026 | 5.66% |
| Dec 31, 2025 | 27.29% |
| Dec 31, 2025 | 27.29% |
| Dec 31, 2025 | 27.29% |
| Sep 26, 2025 | 19.63% |
| Sep 26, 2025 | 19.63% |
| Sep 26, 2025 | 19.63% |
| Jun 27, 2025 | 17.69% |
| Jun 27, 2025 | 17.69% |
| Jun 27, 2025 | 17.69% |
| Mar 31, 2025 | 20.56% |
| Mar 31, 2025 | 20.56% |
| Mar 31, 2025 | 20.56% |
| Dec 31, 2024 | 26.74% |
| Dec 31, 2024 | 26.74% |