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
DateValue
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%