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

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.

Analysis

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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AXIA Energia 30.72 Bn 28.40 Bn 2.59 Bn -681.17 Mn
2 Enlight Renewable Energy 9.46 Bn 8.16 Bn 117.49 Mn -118.69 Mn
3 Ormat Technologies 6.42 Bn 5.77 Bn 68.70 Mn 27.07 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 365.00 Mn
6 ReNew Energy Global 2.48 Bn 2.09 Bn - 418.00 Mn
7 Fluence Energy 1.46 Bn 894.31 Mn 33.24 Mn 63.04 Mn
8 XPLR Infrastructure 1.12 Bn 1.12 Bn 219.00 Mn 304.00 Mn
9 Energy Vault Holdings 621.58 Mn 514.23 Mn 5.38 Mn 30.04 Mn
10 Nextnrg 33.80 Mn 32.92 Mn 1.96 Mn 6.38 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.38 Mn
Mar 31, 2026 11.81 Mn
Dec 31, 2025 -104.14 Mn
Sep 30, 2025 31.86 Mn
Jun 30, 2025 32.34 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 7.90 Mn
Dec 31, 2023 8.14 Mn
Sep 30, 2023 7.78 Mn
Jun 30, 2023 8.29 Mn
Mar 31, 2023 7.54 Mn
Dec 31, 2022 11.14 Mn
Sep 30, 2022 8.17 Mn
Jun 30, 2022 7.62 Mn
Mar 31, 2022 5.61 Mn
Dec 31, 2021 5.65 Mn
Sep 30, 2021 3.86 Mn