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.
An increase indicates successful utilization of tax-advantaged programs, while a decrease suggests the realization of those credits into cash.
This represents the value of tax credits earned through operations that the company expects to receive from tax authorit...
Specific to industries with government incentives; peers in the renewable energy sector often have significant tax credit receivables.
operating_tax_credit_receivable| FY'23 | FY'24 | FY'25 | FY'26 | |
|---|---|---|---|---|
| Value | $0.00 | $125.42M | $92.09M | $267.06M |
| YoY Change | — | — | -26.6% | +190.0% |