Nextnrg (NXXT) Asset Utilization Ratio (2021 - 2026)

Nextnrg (NXXT) posted quarterly Asset Utilization Ratio of 7.43 for Q1 2026, up 39.35% quarter-over-quarter from 5.33 in Q4 2025.

Analysis

Nextnrg (NXXT) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

Nextnrg (NXXT) has reported Asset Utilization Ratio for 6 consecutive years, with 7.43 the latest figure, recorded in Q1 2026.

In Q1 2026, Asset Utilization Ratio changed N/A year-over-year to 7.43; the TTM figure through Mar 2026 stood at 7.43 (changed N/A YoY), while the FY2025 annual figure was 4.89, up 147.58% from the prior year.
Asset Utilization Ratio grew to 7.43 in Q1 2026 per NXXT's latest filing, from 5.33 in the prior quarter.
Across five years, Asset Utilization Ratio topped out at 7.43 in Q1 2026 and bottomed at 0.36 in Q1 2022.
Historically, Asset Utilization Ratio has averaged 2.63 across 5 years, with a median of 1.95 in 2023.
Annual changes were most pronounced in 2023 — Asset Utilization Ratio soared 482.0% — and 2024, when it tumbled 56.51%.
Nextnrg's Asset Utilization Ratio stood at 1.1 in 2022, then soared by 247.1% to 3.83 in 2023, then sank by 56.51% to 1.67 in 2024, then jumped by 219.69% to 5.33 in 2025, then soared by 39.35% to 7.43 in 2026.
Business Quant data shows NXXT's Asset Utilization Ratio at 7.43 in Q1 2026, 5.33 in Q4 2025, and 2.91 in Q3 2025.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Asset Util. (Qtr)
1	AXIA Energia	31.00 Bn	28.68 Bn	2.59 Bn	0.17
2	Enlight Renewable Energy	9.51 Bn	8.22 Bn	117.49 Mn	0.00
3	Ormat Technologies	6.42 Bn	5.76 Bn	68.70 Mn	0.16
4	Brookfield Renewable Partners	4.71 Bn	2.46 Bn	927.00 Mn	0.05
5	Clearway Energy	3.44 Bn	3.10 Bn	332.00 Mn	0.09
6	ReNew Energy Global	2.48 Bn	2.10 Bn	-	0.13
7	Fluence Energy	1.39 Bn	828.70 Mn	33.24 Mn	1.06
8	XPLR Infrastructure	1.12 Bn	1.12 Bn	219.00 Mn	0.06
9	Energy Vault Holdings	643.84 Mn	536.49 Mn	5.38 Mn	0.68
10	Nextnrg	34.59 Mn	33.71 Mn	1.96 Mn	7.69

Historic Data

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