Research & Development Expenses
The latest quarterly r&d expense is $43.17 Million with a quarter-over-quarter change of +47.35%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
NXT R&D Expense
Reported quarterly R&D expense; no daily interpolation.
Current R&D Expense
$43.17M
$43.17 Million
Quarter-over-Quarter Change
+47.35%
vs. $29.29M prior quarter
Historical Data
24
Quarters of data available
Quarterly R&D Expense History
| Period | R&D Expense | QoQ Change | % Change |
|---|---|---|---|
| Q4 2026 | $43.17M | +$13.87M | +47.35% |
| Q3 2025 | $29.29M | +$2.40M | +8.94% |
| Q2 2025 | $26.89M | +$5.33M | +24.72% |
| Q1 2025 | $21.56M | $-2.03M | -8.59% |
| Q4 2025 | $23.59M | +$3.49M | +17.38% |
| Q3 2024 | $20.09M | +$901,000 | +4.69% |
| Q2 2024 | $19.19M | +$2.67M | +16.19% |
| Q1 2024 | $16.52M | +$3.43M | +26.20% |
| Q4 2024 | $13.09M | +$193,000 | +1.50% |
| Q3 2023 | $12.90M | +$5.75M | +80.48% |
| Q2 2023 | $7.15M | +$1.52M | +26.95% |
| Q1 2023 | $5.63M | $-2.71M | -32.47% |
| Q4 2023 | $8.34M | +$3.35M | +67.26% |
| Q3 2022 | $4.98M | +$662,000 | +15.32% |
| Q2 2022 | $4.32M | +$345,000 | +8.67% |
| Q1 2022 | $3.98M | +$401,000 | +11.21% |
| Q4 2022 | $3.58M | $-73,000 | -2.00% |
| Q3 2021 | $3.65M | +$257,000 | +7.58% |
| Q2 2021 | $3.39M | $-167,000 | -4.69% |
| Q1 2021 | $3.56M | $-57,500 | -1.59% |
| Q4 2021 | $3.62M | +$0 | 0.00% |
| Q3 2020 | $3.62M | +$270,500 | +8.08% |
| Q2 2020 | $3.35M | +$917,000 | +37.75% |
| Q1 2020 | $2.43M | — | — |
About Nextpower Inc.
Nextpower Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. It also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor, a solar tracker foundation system to facilitate solar project development in challenging soil conditions; NX Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company serves engineering, procurement, and construction firms, as well as solar project developers and owners. Nextpower Inc. was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.
- Sector
- Technology
- Industry
- Consumer Electronics
- CEO
- Daniel S. Shugar