Nextnrg (NXXT) Cost of Revenue (2020 - 2026)
Nextnrg (NXXT) reported 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.
Nextnrg (NXXT) Cost of Revenue (2020 - 2026) Analysis & Trends
Nextnrg (NXXT) has 7 years of Cost of Revenue data on file, last reported at $19.3 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $19.3 million, up 22.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $78.5 million (up 120.55% YoY), and the FY2025 annual result was $74.9 million, up 188.37% from the prior year.
- Cost of Revenue eased to $19.3 million in Q1 2026 per NXXT's latest filing, from $20.6 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $20.6 million in Q4 2025 and troughed at $2.3 million in Q1 2022.
- A 5-year average of $9.3 million and a median of $6.1 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue grew 7.84% in 2023, then jumped 220.08% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $4.9 million in 2022, then climbed by 7.84% to $5.3 million in 2023, then climbed by 24.54% to $6.6 million in 2024, then jumped by 211.62% to $20.6 million in 2025, then dropped 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 195.49 Bn | 192.78 Bn | 1.44 Bn | 975.34 Mn |
| 2 | Enlight Renewable Energy | 11.88 Bn | 11.35 Bn | 85.64 Mn | 38.54 Mn |
| 3 | Ormat Technologies | 8.40 Bn | 8.26 Bn | 78.83 Mn | -500.75 Mn |
| 4 | Fluence Energy | 3.16 Bn | 2.84 Bn | 46.63 Mn | 418.26 Mn |
| 5 | Clearway Energy | 1.31 Bn | 4.67 Bn | 220.00 Mn | 134.00 Mn |
| 6 | XPLR Infrastructure | 1.10 Bn | 8.63 Bn | 141.00 Mn | 134.00 Mn |
| 7 | Energy Vault Holdings | 736.45 Mn | 691.02 Mn | 4.79 Mn | 2.91 Mn |
| 8 | Ellomay Capital | 669.51 Mn | 591.75 Mn | 1,508.00 | 11.59 Mn |
| 9 | ReNew Energy Global | 338.71 Mn | 121.94 Mn | 275.78 Mn | 70.00 Mn |
| 10 | Nextnrg | 44,073.52 | -2.63 Mn | 1.71 Mn | 19.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.35 Mn |
| Mar 31, 2026 | 19.35 Mn |
| Dec 31, 2025 | 20.63 Mn |
| Dec 31, 2025 | 20.63 Mn |
| Sep 30, 2025 | 20.42 Mn |
| Sep 30, 2025 | 20.42 Mn |
| Jun 30, 2025 | 18.12 Mn |
| Jun 30, 2025 | 18.12 Mn |
| Mar 31, 2025 | 15.75 Mn |
| Mar 31, 2025 | 15.75 Mn |
| Dec 31, 2024 | 6.62 Mn |
| Dec 31, 2024 | 6.62 Mn |
| Sep 30, 2024 | 6.38 Mn |
| Sep 30, 2024 | 6.38 Mn |
| Jun 30, 2024 | 6.85 Mn |
| Jun 30, 2024 | 6.85 Mn |
| Mar 31, 2024 | 6.14 Mn |
| Mar 31, 2024 | 6.14 Mn |
| Dec 31, 2023 | 5.32 Mn |
| Dec 31, 2023 | 5.32 Mn |