Nextnrg (NXXT) Operating Expenses (2020 - 2026)
Nextnrg (NXXT) posted quarterly Operating Expenses of $11.8 million for Q1 2026, up 88.23% year-over-year from $6.3 million in Q1 2025, and up 111.34% quarter-over-quarter from -$104.1 million in Q4 2025.
Nextnrg (NXXT) Operating Expenses (2020 - 2026) Analysis & Trends
Nextnrg (NXXT) has reported Operating Expenses for 7 consecutive years, with $11.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 88.23% year-over-year to $11.8 million; the TTM figure through Mar 2026 stood at -$10.0 million (down 188.55% YoY), while the FY2025 annual figure was $204909.0, down 98.48% from the prior year.
- Operating Expenses grew to $11.8 million in Q1 2026 per NXXT's latest filing, from -$104.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $50.5 million in Q2 2025 and bottomed at -$104.1 million in Q4 2025.
- Historically, Operating Expenses has averaged $3.3 million across 5 years, with a median of $8.1 million in 2023.
- On a YoY basis, Operating Expenses climbed as much as 10107.41% in 2025 and fell as far as 597.69% in 2025.
- Nextnrg's Operating Expenses stood at $11.1 million in 2022, then fell by 26.88% to $8.1 million in 2023, then tumbled by 283.33% to -$14.9 million in 2024, then tumbled by 597.69% to -$104.1 million in 2025, then surged by 111.34% to $11.8 million in 2026.
- Business Quant data shows NXXT's Operating Expenses at $11.8 million in Q1 2026, -$104.1 million in Q4 2025, and $31.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn | 118.69 Mn |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn | 27.07 Mn |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | 783.00 Mn |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn | 365.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 408.00 Mn |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | 63.04 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - | 304.00 Mn |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | -424.56 Mn |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn | 28.99 Mn |
| 10 | Nextnrg | 41.01 Mn | 40.81 Mn | 1.71 Mn | 11.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.81 Mn |
| Dec 31, 2025 | -104.14 Mn |
| Sep 30, 2025 | 31.86 Mn |
| Jun 30, 2025 | 50.46 Mn |
| Mar 31, 2025 | 6.27 Mn |
| Dec 31, 2024 | -14.93 Mn |
| Sep 30, 2024 | 9.97 Mn |
| Jun 30, 2024 | 10.00 Mn |
| Mar 31, 2024 | 61,444.00 |
| Dec 31, 2023 | 8.14 Mn |
| Sep 30, 2023 | 7.78 Mn |
| Jun 30, 2023 | 8.29 Mn |
| Mar 31, 2023 | 61,444.00 |
| Dec 31, 2022 | 11.14 Mn |
| Sep 30, 2022 | 8.17 Mn |
| Jun 30, 2022 | 7.62 Mn |
| Mar 31, 2022 | 2.95 Mn |
| Dec 31, 2021 | 11.30 Mn |
| Sep 30, 2021 | 1.79 Mn |
| Jun 30, 2021 | 3.74 Mn |