Other

Construction work in progress

Nextra Energy Construction work in progress increased by 17.5% to $28.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 37.5%, from $20.97B to $28.85B. Over 5 years (FY 2020 to FY 2025), Construction work in progress shows an upward trend with a 18.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase suggests significant capital investment for future capacity or modernization, while a decrease may indicate project completions or a slowdown in infrastructure spending.

Detailed definition

This represents the total costs incurred for capital projects that are currently under construction but not yet placed i...

Peer comparison

Peers in the regulated utility sector typically maintain high levels of CWIP due to constant grid modernization and regulatory mandates.

Metric ID: other_construction_in_progress_gross

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$13.37B$15.34B$14.14B$14.72B$15.51B$15.96B$15.68B$16.26B$17.41B$18.90B$18.65B$16.68B$17.33B$20.60B$21.66B$20.97B$22.06B$23.32B$24.56B$28.85B
QoQ Change+14.8%-7.8%+4.1%+5.3%+2.9%-1.8%+3.8%+7.0%+8.6%-1.3%-10.6%+3.9%+18.8%+5.2%-3.2%+5.2%+5.7%+5.3%+17.5%
YoY Change+16.0%+4.0%+10.8%+10.5%+12.3%+18.4%+19.0%+2.6%-0.4%+9.0%+16.1%+25.7%+27.3%+13.2%+13.4%+37.5%
Range$13.37B$28.85B
CAGR+17.6%
Avg YoY Growth+14.7%
Median YoY Growth+13.3%
Current Streak4 quarters growth

Frequently Asked Questions

What is Nextra Energy's construction work in progress?
Nextra Energy (NEE) reported construction work in progress of $28.85B in Q1 2026.
How has Nextra Energy's construction work in progress changed year-over-year?
Nextra Energy's construction work in progress increased by 37.5% year-over-year, from $20.97B to $28.85B.
What is the long-term trend for Nextra Energy's construction work in progress?
Over 5 years (2020 to 2025), Nextra Energy's construction work in progress has grown at a 18.2% compound annual growth rate (CAGR), from $10.64B to $24.56B.
What does construction work in progress mean?
The total cost of capital projects currently being built but not yet operational.