R&D expense · 2020–2025

Nextpower R&D expense

$121M+52.3% · FY2025

Nextpower (NXT) reported $121M in R&D expense for fiscal 2025, +52.3% year on year.

$13.0M2020$14.2M2021$21.6M2022$42.4M2023$79.4M2024$121M2025
Nextpower — R&D expense, 2020–2025
Fiscal yearR&D expenseChangeFiling
FY20252026-03-31$121M+52.3%Open →
FY20242025-03-31$79.4M+87.4%Open →
FY20232024-03-31$42.4M+95.9%Open →
FY20222023-03-31$21.6M+52.5%Open →
FY20212022-03-31$14.2M+9.0%Open →
FY20202021-03-31$13.0M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2020–2025 compound annual growth +56.2%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Nextpower R&D expense |url=https://companiesranked.com/en/company/nextpower/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Nextpower R&D expense. CompaniesRanked. https://companiesranked.com/en/company/nextpower/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-nextpower-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Nextpower R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/nextpower/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001852131-26-000017 · May 19, 2026

{{cite web |title=Nextpower R&D expense — 10-K (0001852131-26-000017) |url=https://www.sec.gov/Archives/edgar/data/1852131/000185213126000017/nxt-20260331.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-05-19}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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