Nextpower Inc. Section 45X credit receivable increased by 17.1% to $352.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 63.5%, from $215.62M to $352.60M. Over 2 years (FY 2024 to FY 2026), Section 45X credit receivable shows an upward trend with a 67.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates successful utilization of government incentive programs, providing a boost to near-term liquidity.
This represents tax credits earned by the company that are expected to be realized or collected within the next twelve m...
Specific to companies in industries with government subsidies; peers in renewable energy will show similar line items.
current_assets_tax_credit_receivable_current| Q1 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|
| Value | $125.42M | $215.62M | $221.25M | $244.48M | $301.15M | $352.60M |
| QoQ Change | — | +71.9% | +2.6% | +10.5% | +23.2% | +17.1% |
| YoY Change | — | +71.9% | — | — | — | +63.5% |