Growth Metrics

Nextnrg (NXXT) Operating Expenses (2020 - 2026)

Nextnrg (NXXT) reported 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% on a QoQ basis from -$104.1 million in Q4 2025.

Nextnrg (NXXT) has 7 years of Operating Expenses data on file, last reported at $11.8 million in Q1 2026.

  • Quarterly Operating Expenses rose 88.23% year-over-year to $11.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$10.0 million (down 188.55% YoY) and the FY2025 annual result came in at $204909.0, down 98.48% from the prior year.
  • Operating Expenses improved 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.
  • The 5-year median for Operating Expenses is $8.1 million (2023), against an average of $5.1 million.
  • Peak annual rise in Operating Expenses reached 10107.41% in 2025, while the deepest fall reached 597.69% in 2025.
  • Tracing NXXT's Operating Expenses over 5 years: stood at $32.4 million in 2022, then sank by 74.88% to $8.1 million in 2023, then plunged by 283.33% to -$14.9 million in 2024, then plunged by 597.69% to -$104.1 million in 2025, then surged by 111.34% to $11.8 million in 2026.
  • Per Business Quant, the three latest NXXT Operating Expenses figures stand at $11.8 million (Q1 2026), -$104.1 million (Q4 2025), and $31.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn -424.56 Mn
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn -101.11 Mn
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 22.76 Mn
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn 58.30 Mn
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 334.00 Mn
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 292.00 Mn
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn 28.99 Mn
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn -5,926.00
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn 408.00 Mn
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 11.81 Mn

Historic Data

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DateValue
Mar 31, 2026 11.81 Mn
Dec 31, 2025 -27.25 Mn
Sep 30, 2025 31.86 Mn
Jun 30, 2025 50.46 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 -2.25 Mn
Sep 30, 2021 1.79 Mn
Jun 30, 2021 3.74 Mn
Mar 31, 2021 1.24 Mn
Dec 31, 2020 3.80 Mn
Sep 30, 2020 641,945.00