Income Tax
Nextpower Inc. Income Tax decreased by 81.7% to $9.03M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 77.9%, from $40.85M to $9.03M. Over 3 years (FY 2023 to FY 2026), Income Tax shows an upward trend with a 38.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.
Detailed definition
Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...
Peer comparison
Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.
income_tax_expenseHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.47M | $1.36M | $5.70M | $11.08M | $18.44M | $12.53M | $9.10M | $4.00M | $38.82M | $59.86M | $27.15M | $19.93M | $42.84M | $40.85M | $33.78M | $35.86M | $49.26M | $9.03M |
| QoQ Change | — | -69.7% | +320.7% | +94.3% | +66.5% | -32.0% | -27.4% | -56.1% | +870.7% | +54.2% | -54.6% | -26.6% | +115.0% | -4.7% | -17.3% | +6.2% | +37.4% | -81.7% |
| YoY Change | — | — | — | — | +312.7% | +824.9% | +59.7% | -63.9% | +110.5% | +377.7% | +198.3% | +398.3% | +10.4% | -31.8% | +24.4% | +80.0% | +15.0% | -77.9% |
Business Segments
| Segment | Q1 '26 |
|---|---|
| Reportable Segment | $9.03M |
| Total | $9.03M |
Income Tax at Other Companies
Frequently Asked Questions
- What is Nextpower Inc. 's income tax?
- Nextpower Inc. (NXT) reported income tax of $9.03M in Q1 2026.
- How has Nextpower Inc. 's income tax changed year-over-year?
- Nextpower Inc. 's income tax decreased by 77.9% year-over-year, from $40.85M to $9.03M.
- What is the long-term trend for Nextpower Inc. 's income tax?
- Over 3 years (2023 to 2026), Nextpower Inc. 's income tax has grown at a 38.9% compound annual growth rate (CAGR), from $47.75M to $127.94M.
- What does income tax mean?
- The total amount of income tax the company is required to pay on its earnings.