What is NXXT's gross margin?

NXXT (NXXT) reported gross margin of 9.4% in Q1 2026.

How has NXXT's gross margin changed year-over-year?

NXXT's gross margin increased by 89.7% year-over-year, from 4.9% to 9.4%.

What is the long-term trend for NXXT's gross margin?

Over 4 years (2021 to 2025), NXXT's gross margin has grown at a 30.9% compound annual growth rate (CAGR), from 2.9% to 8.4%.

What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

NXXT NXXT Gross margin

Gross margin at other companies

Tesla, Inc.TSLA

19.1%+1.4pp

ChargePointCHPT

30.6%+4.9pp

NeoVoltaNEOV

21.3%-1.0pp

Enphase EnergyENPH

44.2%-3.7pp

Microvast Holdings, Inc.MVST

26.4%-8.6pp

AmerescoAMRC

14.7%-1.0pp

Other financials

Income statement

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Revenue$21.1M+29.4%

Gross profit$1.7M+230%

Operating income-$10.1M-75.4%

Net income-$10.7M-22.1%

EPS (diluted)-$0.07+95.6%

Balance sheet

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Cash & equivalents$208.0K-90.2%

Total debt$3.4M+4,849%

Total equity-$19.6M-252%

Total assets$12.3M-52.9%

Cash flow

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Operating cash flow-$2.1M+62.8%

CapEx$5.7M+26,892%

Free cash flow-$7.2M-490%

Valuation

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Market cap$55.34M-82.7%

Enterprise value$58.5M-81.6%

P/S0.6×-5.8×

Profitability

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Operating margin-86%-1,407pp

Net margin-101.1%+60.1pp

FCF margin-43%—

Returns & leverage

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Return on equity-1,208.8%-1,564pp

Debt / equity0.3×-56.1×

Current ratio0.2×0.0×

Where this comes from

Calculated from NXXT’s reported figures.

gross profit/total revenue=9.4%

Based on trailing twelve months.

The official record: NXXT’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NXXT's gross margin?: NXXT (NXXT) reported gross margin of 9.4% in Q1 2026.
How has NXXT's gross margin changed year-over-year?: NXXT's gross margin increased by 89.7% year-over-year, from 4.9% to 9.4%.
What is the long-term trend for NXXT's gross margin?: Over 4 years (2021 to 2025), NXXT's gross margin has grown at a 30.9% compound annual growth rate (CAGR), from 2.9% to 8.4%.
What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.