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
Download Data| Date | Value |
|---|---|
| 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 |