Income Tax Expense
The latest quarterly tax expense is $9.03 Million with a quarter-over-quarter change of -81.67%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
NXT Tax Expense
Reported quarterly tax expense; no daily interpolation.
Current Tax Expense
$9.03M
$9.03 Million
Quarter-over-Quarter Change
-81.67%
vs. $49.26M prior quarter
Historical Data
24
Quarters of data available
Quarterly Tax Expense History
| Period | Tax Expense | QoQ Change | % Change |
|---|---|---|---|
| Q4 2026 | $9.03M | $-40.23M | -81.67% |
| Q3 2025 | $49.26M | +$13.40M | +37.36% |
| Q2 2025 | $35.86M | +$2.08M | +6.16% |
| Q1 2025 | $33.78M | $-7.06M | -17.29% |
| Q4 2025 | $40.85M | $-1.99M | -4.65% |
| Q3 2024 | $42.84M | +$22.91M | +114.98% |
| Q2 2024 | $19.93M | $-7.22M | -26.61% |
| Q1 2024 | $27.15M | $-32.71M | -54.64% |
| Q4 2024 | $59.86M | +$21.05M | +54.22% |
| Q3 2023 | $38.82M | +$34.82M | +870.69% |
| Q2 2023 | $4.00M | $-5.10M | -56.06% |
| Q1 2023 | $9.10M | $-3.43M | -27.38% |
| Q4 2023 | $12.53M | $-5.91M | -32.05% |
| Q3 2022 | $18.44M | +$7.37M | +66.50% |
| Q2 2022 | $11.08M | +$5.38M | +94.32% |
| Q1 2022 | $5.70M | +$4.34M | +320.66% |
| Q4 2022 | $1.35M | $-3.11M | -69.68% |
| Q3 2021 | $4.47M | +$495,000 | +12.46% |
| Q2 2021 | $3.97M | $-423,000 | -9.62% |
| Q1 2021 | $4.40M | $-4.44M | -50.26% |
| Q4 2021 | $8.84M | +$0 | 0.00% |
| Q3 2020 | $8.84M | +$35,500 | +0.40% |
| Q2 2020 | $8.80M | +$1.61M | +22.31% |
| Q1 2020 | $7.20M | — | — |
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