NXT Energy Solutions annual operating expenses
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2025
NXT Energy Solutions Operating Expenses Growth & History (NSFDF)
NXT Energy Solutions's operating expenses was $4.3M for fiscal 2025.
View full NXT Energy Solutions company overviewNXT Energy Solutions annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.3M | −$3.6M | −45.57% |
| 2024 | 2024-12-31 | $8.0M | $525,817 | +7.08% |
| 2023 | 2023-12-31 | $7.4M | $745,401 | +11.15% |
| 2022 | 2022-12-31 | $6.7M | $492,832 | +7.96% |
| 2021 | 2021-12-31 | $6.2M | −$42,377 | −0.68% |
| 2020 | 2020-12-31 | $6.2M | −$1.7M | −21.44% |
| 2019 | 2019-12-31 | $7.9M | $654,405 | +8.99% |
| 2018 | 2018-12-31 | $7.3M | −$1.4M | −16.61% |
| 2017 | 2017-12-31 | $8.7M | −$968,686 | −9.99% |
| 2016 | 2016-12-31 | $9.7M | −$2.2M | −18.72% |
| 2015 | 2015-12-31 | $11.9M | $6.6M | +125.60% |
| 2014 | 2014-12-31 | $5.3M | −$1.0M | −16.35% |
| 2013 | 2013-12-31 | $6.3M | −$2.2M | −25.90% |
| 2012 | 2012-12-31 | $8.5M | $4.8M | +126.31% |
| 2011 | 2011-12-31 | $3.8M | −$1.1M | −22.86% |
| 2010 | 2010-12-31 | $4.9M | — | — |
NXT Energy Solutions quarterly operating expenses
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.7M | $467,276 | +38.67% |
| Q1 2026 | 2026-03-31 | $1.7M | — | — |
| Q4 2025 | 2025-12-31 | $889,853 | — | — |
| Q3 2025 | 2025-09-30 | $1.1M | — | — |
| Q2 2025 | 2025-06-30 | $1.2M | — | — |
NXT Energy Solutions operating expenses trends
Over the last five fiscal years, NXT Energy Solutions's operating expenses decreased from $6.2M to $4.3M, a change of −$1.9M. The latest reported quarter, Q2 2026, shows $1.7M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review NXT Energy Solutions source filings ↗