Nextpower (NXT) Tax Rate (2021 - 2026)
Nextpower (NXT) recorded quarterly Tax Rate of 5.66% in Q1 2026, down 79.27% quarter-over-quarter from 27.29% in Q4 2025, and down 1490.0% on a YoY basis from 0.41% in Q1 2025.
Nextpower (NXT) Tax Rate (2021 - 2026) Analysis & Trends
Nextpower's Tax Rate history runs 6 years deep, the most recent figure standing at 5.66% for Q1 2026.
- In Q1 2026, Tax Rate fell 1490.0% year-over-year to 5.66%; the TTM figure through Mar 2026 stood at 17.92% (down 226.0% YoY), while the FY2026 annual figure was 17.92%, down 226.0% from the prior year.
- Tax Rate was 5.66% for Q1 2026 at Nextpower, down from 27.29% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 31.28% in Q1 2023 to a low of 4.68% in Q3 2023.
- Historically, Tax Rate has averaged 20.01% across 5 years, with a median of 19.63% in 2025.
- Biggest YoY gain for Tax Rate was 1233 bps in 2023; the steepest drop was 2434 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 30.22% in 2022, then slipped by 23 bps to 23.28% in 2023, then climbed by 15 bps to 26.74% in 2024, then grew by 2 bps to 27.29% in 2025, then tumbled by 79 bps to 5.66% in 2026.
- The last three Tax Rate figures came in at 5.66% (Q1 2026), 27.29% (Q4 2025), and 19.63% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 2.18% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 5.66% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 46.43% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -2.29% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -2.43% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 23.06% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 50.91% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -31.47% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 8.57% |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.66% |
| Mar 31, 2026 | 5.66% |
| Dec 31, 2025 | 27.29% |
| Dec 31, 2025 | 27.29% |
| Sep 26, 2025 | 19.63% |
| Sep 26, 2025 | 19.63% |
| Jun 27, 2025 | 17.69% |
| Jun 27, 2025 | 17.69% |
| Mar 31, 2025 | 20.56% |
| Mar 31, 2025 | 20.56% |
| Dec 31, 2024 | 26.74% |
| Dec 31, 2024 | 26.74% |
| Sep 27, 2024 | 14.53% |
| Sep 27, 2024 | 14.53% |
| Jun 28, 2024 | 17.87% |
| Jun 28, 2024 | 17.87% |
| Mar 31, 2024 | 21.15% |
| Mar 31, 2024 | 21.15% |
| Dec 31, 2023 | 23.28% |
| Dec 31, 2023 | 23.28% |