Nextnrg (NXXT) Gross Margin (2020 - 2026)
Nextnrg (NXXT) posted quarterly Gross Margin of 8.13% for Q1 2026, up 495.0% year-over-year from 1.37% in Q1 2025, and down 21.32% quarter-over-quarter from 10.33% in Q4 2025.
Nextnrg (NXXT) Gross Margin (2020 - 2026) Analysis & Trends
Nextnrg (NXXT) has reported Gross Margin for 7 consecutive years, with 8.13% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 495.0% year-over-year to 8.13%; the TTM figure through Mar 2026 stood at 9.35% (up 443.0% YoY), while the FY2025 annual figure was 8.44%, up 201.0% from the prior year.
- Gross Margin eased to 8.13% in Q1 2026 per NXXT's latest filing, from 10.33% in the prior quarter.
- Across five years, Gross Margin topped out at 10.68% in Q3 2025 and bottomed at 2.85% in Q3 2022.
- Historically, Gross Margin has averaged 5.03% across 5 years, with a median of 6.58% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin sank 769 bps — and 2023, when it jumped 853 bps.
- Nextnrg's Gross Margin stood at 1.47% in 2022, then surged by 548 bps to 6.58% in 2023, then sank by 62 bps to 2.52% in 2024, then jumped by 310 bps to 10.33% in 2025, then fell by 21 bps to 8.13% in 2026.
- Business Quant data shows NXXT's Gross Margin at 8.13% in Q1 2026, 10.33% in Q4 2025, and 10.68% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 12.05 Bn | 10.88 Bn | 117.49 Mn | 70.78% |
| 2 | Ormat Technologies | 7.00 Bn | 6.35 Bn | 68.70 Mn | 26.55% |
| 3 | Brookfield Renewable Partners | 4.14 Bn | 1.64 Bn | 623.00 Mn | 57.90% |
| 4 | Clearway Energy | 3.78 Bn | 3.44 Bn | 332.00 Mn | 69.02% |
| 5 | ReNew Energy Global | 2.47 Bn | 2.05 Bn | 269.00 Mn | 79.35% |
| 6 | Fluence Energy | 1.85 Bn | 1.29 Bn | 33.24 Mn | 5.12% |
| 7 | XPLR Infrastructure | 1.09 Bn | 591.52 Mn | - | - |
| 8 | Energy Vault Holdings | 682.13 Mn | 574.78 Mn | 5.38 Mn | 30.95% |
| 9 | AXIA Energia | 658.46 Mn | -1.92 Bn | 1.44 Bn | 59.62% |
| 10 | Nextnrg | 46.27 Mn | 46.06 Mn | 1.71 Mn | 8.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.13% |
| Dec 31, 2025 | 10.33% |
| Sep 30, 2025 | 10.68% |
| Jun 30, 2025 | 7.97% |
| Mar 31, 2025 | 3.18% |
| Dec 31, 2024 | 2.52% |
| Sep 30, 2024 | 8.69% |
| Jun 30, 2024 | 7.40% |
| Mar 31, 2024 | 7.00% |
| Dec 31, 2023 | 6.58% |
| Sep 30, 2023 | 5.67% |
| Jun 30, 2023 | 7.90% |
| Mar 31, 2023 | 3.11% |
| Dec 31, 2022 | -1.47% |
| Sep 30, 2022 | -2.85% |
| Jun 30, 2022 | -0.04% |
| Mar 31, 2022 | 0.68% |
| Dec 31, 2021 | 1.42% |
| Sep 30, 2021 | 2.03% |
| Jun 30, 2021 | 0.78% |