What is Nextpower Inc. 's provision for loan, lease, and other losses?

Nextpower Inc. (NXT) reported provision for loan, lease, and other losses of $151.50K in Q1 2026.

How has Nextpower Inc. 's provision for loan, lease, and other losses changed year-over-year?

Nextpower Inc. 's provision for loan, lease, and other losses increased by 125.3% year-over-year, from -$599.75K to $151.50K.

What is the long-term trend for Nextpower Inc. 's provision for loan, lease, and other losses?

Over 4 years (2022 to 2026), Nextpower Inc. 's provision for loan, lease, and other losses has grown at a -19.3% compound annual growth rate (CAGR), from -$1.43M to $606.00K.

What does provision for loan, lease, and other losses mean?

The amount set aside to cover expected future losses from bad loans.

Operating

Provision for Loan, Lease, and Other Losses

Nextpower Inc. Provision for Loan, Lease, and Other Losses remained flat by 0.0% to $151.50K in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 125.3%, from -$599.75K to $151.50K. Over 4 years (FY 2022 to FY 2026), Provision for Loan, Lease, and Other Losses shows an upward trend with a -19.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement

SectionOperating

CategoryRisk

SignalLower is better

VolatilityModerate

First reportedQ1 2021

Last reportedQ4 2026May 19, 2026

How to read this metric

An increase suggests management anticipates higher credit risk or economic deterioration, while a decrease indicates improved credit quality or a more optimistic outlook.

Detailed definition

This represents the non-cash expense charged to the income statement to build the allowance for credit losses. It reflec...

Peer comparison

Standard across all commercial and retail banks; peers report this as 'Provision for Credit Losses'.

Metric ID: operating_provision_for_loan_lease_and_other_losses

Historical Data

5 years

	FY'22	FY'23	FY'24	FY'25	FY'26
Value	-$1.43M	$1.24M	$2.43M	-$2.40M	$606.00K
YoY Change	—	+187.0%	+95.3%	-198.8%	+125.3%

Range-$2.40M – $2.43M

CAGR-19.3%

Avg YoY Growth+52.2%

Median YoY Growth+110.3%

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Frequently Asked Questions

What is Nextpower Inc. 's provision for loan, lease, and other losses?: Nextpower Inc. (NXT) reported provision for loan, lease, and other losses of $151.50K in Q1 2026.
How has Nextpower Inc. 's provision for loan, lease, and other losses changed year-over-year?: Nextpower Inc. 's provision for loan, lease, and other losses increased by 125.3% year-over-year, from -$599.75K to $151.50K.
What is the long-term trend for Nextpower Inc. 's provision for loan, lease, and other losses?: Over 4 years (2022 to 2026), Nextpower Inc. 's provision for loan, lease, and other losses has grown at a -19.3% compound annual growth rate (CAGR), from -$1.43M to $606.00K.
What does provision for loan, lease, and other losses mean?: The amount set aside to cover expected future losses from bad loans.