Nextnrg NXXT
NASDAQ NXXT
$0.21 -0.01 (-6.23%)
At close: Sep 2, 2026 · 4:00 PM EDT

Nextnrg (NXXT) Cost of Revenue (2020 - 2026)

Nextnrg (NXXT) posted quarterly Cost of Revenue of $19.3 million for Q1 2026, up 22.8% year-over-year from $15.8 million in Q1 2025, and down 6.23% quarter-over-quarter from $20.6 million in Q4 2025.

Analysis

Nextnrg (NXXT) Cost of Revenue (2020 - 2026) Analysis & Trends

Nextnrg (NXXT) has reported Cost of Revenue for 7 consecutive years, with $19.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue rose 22.8% year-over-year to $19.3 million; the TTM figure through Mar 2026 stood at $78.5 million (up 120.55% YoY), while the FY2025 annual figure was $74.9 million, up 188.37% from the prior year.
  • Cost of Revenue retreated to $19.3 million in Q1 2026 per NXXT's latest filing, from $20.6 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $20.6 million in Q4 2025 and bottomed at $2.3 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $9.3 million across 5 years, with a median of $6.1 million in 2024.
  • Annual changes were most pronounced in 2023 — Cost of Revenue grew 7.84% — and 2025, when it jumped 220.08%.
  • Nextnrg's Cost of Revenue stood at $4.9 million in 2022, then grew by 7.84% to $5.3 million in 2023, then grew by 24.54% to $6.6 million in 2024, then surged by 211.62% to $20.6 million in 2025, then declined by 6.23% to $19.3 million in 2026.
  • Business Quant data shows NXXT's Cost of Revenue at $19.3 million in Q1 2026, $20.6 million in Q4 2025, and $20.4 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 AXIA Energia 30.72 Bn 28.40 Bn 2.59 Bn 2.13 Bn
2 Enlight Renewable Energy 9.46 Bn 8.16 Bn 117.49 Mn 48.50 Mn
3 Ormat Technologies 6.42 Bn 5.77 Bn 68.70 Mn 190.07 Mn
4 Brookfield Renewable Partners 4.65 Bn 2.41 Bn 927.00 Mn 783.00 Mn
5 Clearway Energy 3.45 Bn 3.11 Bn 332.00 Mn 149.00 Mn
6 ReNew Energy Global 2.48 Bn 2.09 Bn - -
7 Fluence Energy 1.46 Bn 894.31 Mn 33.24 Mn 616.61 Mn
8 XPLR Infrastructure 1.12 Bn 1.12 Bn 219.00 Mn 144.00 Mn
9 Energy Vault Holdings 621.58 Mn 514.23 Mn 5.38 Mn 11.99 Mn
10 Nextnrg 33.80 Mn 32.92 Mn 1.96 Mn 25.79 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 25.79 Mn
Mar 31, 2026 19.35 Mn
Dec 31, 2025 20.63 Mn
Sep 30, 2025 20.42 Mn
Jun 30, 2025 18.12 Mn
Mar 31, 2025 15.75 Mn
Dec 31, 2024 6.62 Mn
Sep 30, 2024 6.38 Mn
Jun 30, 2024 6.85 Mn
Mar 31, 2024 6.14 Mn
Dec 31, 2023 5.32 Mn
Sep 30, 2023 5.81 Mn
Jun 30, 2023 5.65 Mn
Mar 31, 2023 5.07 Mn
Dec 31, 2022 4.93 Mn
Sep 30, 2022 4.21 Mn
Jun 30, 2022 3.76 Mn
Mar 31, 2022 2.32 Mn
Dec 31, 2021 1.97 Mn
Sep 30, 2021 1.83 Mn