Business Segments · Interest Expense

NEER Segment — Interest Expense

Nextra Energy NEER Segment — Interest Expense increased by 58.5% to $501.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.6%, from $548.00M to $501.00M. Over 4 years (FY 2021 to FY 2025), NEER Segment — Interest Expense shows an upward trend with a 46.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryLeverage
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026Apr 23, 2026
Rolls up toInterest Expense

How to read this metric

An increase suggests higher debt levels or rising interest rates, which can compress margins; a decrease indicates deleveraging or refinancing at lower rates.

Detailed definition

The cost of debt financing specifically allocated to the renewable energy and transmission segment's operations and proj...

Peer comparison

Standard metric for all capital-intensive segments; comparable to interest expense in other independent power producers.

Metric ID: nee_segment_neer_segment_interest_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$91.75M$91.75M$91.75M$32.00M$32.00M$32.00M$32.00M$282.25M$282.25M$282.25M$282.25M$173.00M$298.00M$597.00M$47.00M$548.00M$413.00M$405.00M$316.00M$501.00M
QoQ Change+0.0%+0.0%-65.1%+0.0%+0.0%+0.0%+782.0%+0.0%+0.0%+0.0%-38.7%+72.3%+100.3%-92.1%>999%-24.6%-1.9%-22.0%+58.5%
YoY Change-65.1%-65.1%-65.1%+782.0%+782.0%+782.0%+782.0%-38.7%+5.6%+111.5%-83.3%+216.8%+38.6%-32.2%+572.3%-8.6%
Range$32.00M$597.00M
CAGR+43.0%
Avg YoY Growth+232.2%
Median YoY Growth+22.1%

Frequently Asked Questions

What is Nextra Energy's neer segment — interest expense?
Nextra Energy (NEE) reported neer segment — interest expense of $501.00M in Q1 2026.
How has Nextra Energy's neer segment — interest expense changed year-over-year?
Nextra Energy's neer segment — interest expense decreased by 8.6% year-over-year, from $548.00M to $501.00M.
What is the long-term trend for Nextra Energy's neer segment — interest expense?
Over 4 years (2021 to 2025), Nextra Energy's neer segment — interest expense has grown at a 46.3% compound annual growth rate (CAGR), from $367.00M to $1.68B.
What does neer segment — interest expense mean?
The interest costs incurred by the segment to finance its operations and infrastructure projects.