Business Segments — Material cost
Nextpower Inc. Business Segments — Material cost decreased by 7.8% to $525.06M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.9%, from $582.60M to $525.06M. Over 3 years (FY 2023 to FY 2026), Business Segments — Material cost shows an upward trend with a 23.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue suggests margin compression due to rising input costs, while a decrease suggests improved procurement efficiency.
Detailed definition
This represents the direct costs associated with the raw materials and components required to manufacture solar tracker...
Peer comparison
Similar to cost of raw materials or direct material expenses in manufacturing-heavy industries.
nxt_segment_reportable_segment_material_costHistorical Data
| 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 | $296.07M | $296.07M | $296.07M | $296.07M | $374.67M | $374.67M | $374.67M | $374.67M | $433.02M | $373.99M | $409.73M | $582.60M | $563.29M | $568.93M | $569.63M | $525.06M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +26.5% | +0.0% | +0.0% | +0.0% | +15.6% | -13.6% | +9.6% | +42.2% | -3.3% | +1.0% | +0.1% | -7.8% |
| YoY Change | — | — | — | — | +26.5% | +26.5% | +26.5% | +26.5% | +15.6% | -0.2% | +9.4% | +55.5% | +30.1% | +52.1% | +39.0% | -9.9% |
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Frequently Asked Questions
- What is Nextpower Inc. 's business segments — material cost?
- Nextpower Inc. (NXT) reported business segments — material cost of $525.06M in Q1 2026.
- How has Nextpower Inc. 's business segments — material cost changed year-over-year?
- Nextpower Inc. 's business segments — material cost decreased by 9.9% year-over-year, from $582.60M to $525.06M.
- What is the long-term trend for Nextpower Inc. 's business segments — material cost?
- Over 3 years (2023 to 2026), Nextpower Inc. 's business segments — material cost has grown at a 23.4% compound annual growth rate (CAGR), from $1.18B to $2.23B.
- What does business segments — material cost mean?
- The total cost of raw materials and components used to produce the company's products.