Nextpower (NXT) Tax Rate (2021 - 2026)
Nextpower (NXT) posted Tax Rate of 16.88% for Q3 2026, up 198.27% on a QoQ basis from 5.66% in Q1 2026, and down 82.0% year-over-year from 93.75% in Q3 2025.
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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.
- On a quarterly basis, Tax Rate fell 82.0% year-over-year to 16.88% in Q3 2026; TTM through Jul 2026 was 17.7%, a 230.0% decrease from a year earlier, with the FY2026 full-year figure at 17.92%, down 226.0% from the prior year.
- Tax Rate was 16.88% for Q3 2026 at Nextpower, up from 5.66% in the prior quarter.
- The five-year high for Tax Rate was 31.28% in Q1 2023, with the low at 4.68% in Q3 2023.
- Average Tax Rate over 5 years is 19.84%, with a median of 19.37% recorded in 2025.
- The largest YoY upside for Tax Rate was 1233 bps in 2023 against a maximum downside of 2434 bps in 2023.
- Over 5 years, Tax Rate stood at 30.22% in 2022, then dropped by 23 bps to 23.28% in 2023, then grew by 15 bps to 26.74% in 2024, then increased by 2 bps to 27.29% in 2025, then slumped by 38 bps to 16.88% in 2026.
- The last three Tax Rate figures came in at 16.88% (Q3 2026), 5.66% (Q1 2026), and 27.29% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 8.01% |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 16.88% |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 41.71% |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -8.19% |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -2.16% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 21.67% |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 24.26% |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 23.33% |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -12.60% |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | -18.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 16.88% |
| Mar 31, 2026 | 5.66% |
| Dec 31, 2025 | 27.29% |
| Sep 26, 2025 | 19.63% |
| Jun 27, 2025 | 17.69% |
| Mar 31, 2025 | 20.56% |
| Dec 31, 2024 | 26.74% |
| Sep 27, 2024 | 14.53% |
| Jun 28, 2024 | 17.87% |
| Mar 31, 2024 | 21.15% |
| Dec 31, 2023 | 23.28% |
| Sep 29, 2023 | 4.68% |
| Jun 30, 2023 | 12.51% |
| Mar 31, 2023 | 31.28% |
| Dec 31, 2022 | 30.22% |
| Sep 30, 2022 | 29.02% |
| Jul 1, 2022 | 19.11% |
| Mar 31, 2022 | 18.95% |
| Dec 31, 2021 | 26.27% |