Growth Metrics

Nextpower (NXT) Tax Rate (2021 - 2026)

Nextpower's quarterly Tax Rate came in at 5.66% in Q1 2026, down 1490.0% year-on-year from 0.41% in Q1 2025, and down 79.27% quarter-over-quarter from 27.29% in Q4 2025.

Nextpower has reported Tax Rate for 6 years, with the latest figure at 5.66% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 1490.0% year-over-year to 5.66%; the trailing twelve-month figure through Mar 2026 stood at 17.92% (down 226.0% YoY), and the FY2026 full-year result was 17.92%, down 226.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 5.66%, down from 27.29% 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 20.01%, with a median of 19.63% recorded in 2025.
  • Peak annual rise in Tax Rate reached 1233 bps in 2023, while the deepest fall reached 2434 bps in 2023.
  • Tracing NXT's Tax Rate over 5 years: 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 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 26.65 Bn 24.22 Bn 486.13 Mn 2.18
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 5.66
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -62.89
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 46.43
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -2.29
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -2.43
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 23.06
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 50.91
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -31.47
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 8.57

Historic Data

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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
Sep 29, 2023 4.68
Sep 29, 2023 4.68
Jun 30, 2023 12.51
Jun 30, 2023 12.51
Mar 31, 2023 31.28
Mar 31, 2023 31.28
Dec 31, 2022 30.22
Dec 31, 2022 30.22
Sep 30, 2022 29.02
Sep 30, 2022 29.02
Jul 1, 2022 19.11
Jul 1, 2022 19.11
Mar 31, 2022 18.95
Mar 31, 2022 18.95
Dec 31, 2021 26.27
Dec 31, 2021 26.27