Growth Metrics

Nextnrg (NXXT) Cost of Revenue (2020 - 2025)

Nextnrg (NXXT) has disclosed Cost of Revenue for 6 consecutive years, with $20.4 million as the latest value for Q3 2025.

  • On a quarterly basis, Cost of Revenue rose 220.08% to $20.4 million in Q3 2025 year-over-year; TTM through Sep 2025 was $51.0 million, a 106.76% increase, with the full-year FY2024 number at $25.5 million, up 16.58% from a year prior.
  • Cost of Revenue was $20.4 million for Q3 2025 at Nextnrg, up from $18.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $20.4 million in Q3 2025 to a low of $1.4 million in Q1 2021.
  • A 5-year average of $6.0 million and a median of $5.2 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: grew 7.84% in 2023, then skyrocketed 220.08% in 2025.
  • Nextnrg's Cost of Revenue stood at $2.0 million in 2021, then soared by 150.3% to $4.9 million in 2022, then grew by 7.84% to $5.3 million in 2023, then rose by 14.84% to $6.1 million in 2024, then soared by 234.42% to $20.4 million in 2025.
  • Per Business Quant, the three most recent readings for NXXT's Cost of Revenue are $20.4 million (Q3 2025), $18.1 million (Q2 2025), and $6.1 million (Q4 2024).