Operating

Tax Credit Receivable

Nextpower Inc. Tax Credit Receivable remained flat by 0.0% to $66.76M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 190.0%, from $23.02M to $66.76M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2026May 19, 2026

How to read this metric

An increase indicates successful utilization of tax-advantaged programs, while a decrease suggests the realization of those credits into cash.

Detailed definition

This represents the value of tax credits earned through operations that the company expects to receive from tax authorit...

Peer comparison

Specific to industries with government incentives; peers in the renewable energy sector often have significant tax credit receivables.

Metric ID: operating_tax_credit_receivable

Historical Data

4 years
 FY'23FY'24FY'25FY'26
Value$0.00$125.42M$92.09M$267.06M
YoY Change-26.6%+190.0%
Range$0.00$267.06M
Avg YoY Growth+81.7%
Median YoY Growth+81.7%

Frequently Asked Questions

What is Nextpower Inc. 's tax credit receivable?
Nextpower Inc. (NXT) reported tax credit receivable of $66.76M in Q1 2026.
How has Nextpower Inc. 's tax credit receivable changed year-over-year?
Nextpower Inc. 's tax credit receivable increased by 190.0% year-over-year, from $23.02M to $66.76M.
What does tax credit receivable mean?
The value of tax credits the company has earned but not yet received as cash.