Nextnrg (NXXT) Operating Expenses (2020 - 2026)
Nextnrg's Operating Expenses came in at $6.38 million for Q2 2026, down 80.3% from $32.34 million a year earlier and down 45.9% from the prior quarter.
Nextnrg (NXXT) Operating Expenses (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nextnrg reported Operating Expenses of $22.8 million, down 32.2% year-over-year; for FY2025, it was $77.1 million, up 471.3% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 48.9% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $13.5 million in FY2024 (-57.5%), $31.75 million in FY2023 (-2.4%), $32.53 million in FY2022 (+103.3%) and $16 million in FY2021 (+52.1%).
- The five-year range for quarterly Operating Expenses is -$27.25 million (Q4 2025) to $32.34 million (Q2 2025).
- Year-over-year, Operating Expenses increased in four of the last six quarters, with growth averaging 76.4%.
- The fastest year-over-year change in Operating Expenses over five years came in Q2 2025 (growth of 223.5%), and the weakest in Q2 2026 (a decline of 80.3%).
- Business Quant data shows NXXT's Operating Expenses at $11.81 million (Q1 2026), -$27.25 million (Q4 2025) and $31.86 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 46.38 Bn | 39.58 Bn | - | 392.00 Mn |
| 2 | AXIA Energia | 29.36 Bn | 16.29 Bn | 2.59 Bn | -681.17 Mn |
| 3 | Nrg Energy | 20.40 Bn | 14.62 Bn | 2.01 Bn | 6.54 Bn |
| 4 | Talen Energy | 14.54 Bn | 12.12 Bn | - | 186.00 Mn |
| 5 | Enlight Renewable Energy | 9.08 Bn | 6.01 Bn | 117.49 Mn | -118.69 Mn |
| 6 | Brookfield Renewable Partners | 7.61 Bn | 28.99 Bn | 927.00 Mn | 783.00 Mn |
| 7 | Oklo | 6.87 Bn | 6.87 Bn | - | 74.40 Mn |
| 8 | Clearway Energy | 6.32 Bn | 8.88 Bn | - | 365.00 Mn |
| 9 | Ormat Technologies | 5.56 Bn | 4.30 Bn | 68.70 Mn | 22.61 Mn |
| 10 | Nextnrg | 14.77 Mn | 10.15 Mn | 1.96 Mn | 6.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.38 Mn |
| Mar 31, 2026 | 11.81 Mn |
| Dec 31, 2025 | -27.25 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 |
Nextnrg Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=NXXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NXXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=NXXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();