How many employees work at NextSource Materials?
NextSource Materials, Inc. (NEXT) has approximately 220 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. NextSource Materials’s total headcount has grown 14.4% from 192 employees in 2023 to 220 in 2026.
Is NextSource Materials hiring right now?
Yes, NextSource Materials is actively hiring. NextSource Materials had 3 active job postings in 2026, a 200.0% increase from 2025 — see job openings & hiring trends.
About NextSource Materials’s Workforce
NextSource Materials, Inc. (NEXT) is an Energy and Resources company that employs 220 people worldwide as of March 2026. It is the 4th-largest by headcount among its peers. Founded in 2004, the company is headquartered in Trinity-Bellwoods, Canada and trades on the Toronto Stock Exchange.
NextSource Materials's workforce has grown 14.4% from 2023 to 2026, though it is down 18.1% year over year in 2026. Its workforce is concentrated most in Sub-Saharan Africa (82.6%), followed by Central America and the Caribbean (8.1%) and North America (6.8%).
NextSource Materials's functional groups are Finance and Operations (62.7%), Engineering (23.2%), and Sales and Marketing (14.1%). The average salary is $27,196, ranging from a median of $191,000 in Northern Europe to $10,000 in Sub-Saharan Africa, up 15.4% year over year in 2026.
NextSource Materials's active job postings rose 200.0% in 2026 to 3, with new postings per month climbing from 0 in 2023 to 1 in 2026.
Sourced from Revelio Labs workforce data.
- Ticker
- Toronto Stock Exchange: NEXT
- Headquarters
- Trinity-Bellwoods, Canada
- Founded
- 2004
- Industry
- Energy and Resources
- Employees
- 220
- YoY
- -18.1% (-101)
As of March 2026
NextSource Materials workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for NextSource Materials. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsNextSource Materials Annual Employee Count (2023-2026)
- NextSource Materials had 220 employees in 2026, a 18.1% decline (-101) from 2025.
- NextSource Materials had 220 employees in 2025, a 18.2% decline (-98) from 2024.
- NextSource Materials had 318 employees in 2024, a 1.0% increase (+96) from 2023.
- NextSource Materials had 222 employees in 2023, a 52.0% increase (+135) from 2022.
NextSource Materials's total workforce has grown from 192 employees in 2023 to 220 in 2026.
NextSource Materials, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 220 | -101 | -18.1% |
| 2025 | Q4 | 220 | -98 | -18.2% |
| 2025 | Q3 | 222 | -92 | -19.1% |
| 2025 | Q2 | 299 | +25 | -1.2% |
| 2025 | Q1 | 321 | +76 | -2.5% |
| 2024 | Q4 | 318 | +96 | +1.0% |
| 2024 | Q3 | 314 | +109 | +5.8% |
| 2024 | Q2 | 274 | +82 | +7.3% |
| 2024 | Q1 | 245 | +127 | +35.2% |
| 2023 | Q4 | 222 | +135 | +52.0% |
| 2023 | Q3 | 205 | +155 | +66.8% |
| 2023 | Q2 | 192 | +144 | +69.1% |
See NextSource Materials's complete headcount history, including quarterly breakdowns.
Get the DataNextSource Materials Employee Count by Region (2026)
Sub-Saharan Africa accounts for the largest share of NextSource Materials's global workforce with approximately 83% of total employees, followed by Central America and the Caribbean and North America.
NextSource Materials employees by region
| Region | Employees | % of Total |
|---|---|---|
| Sub-Saharan Africa | 177 | 82.6% |
| Central America and the Caribbean | 17 | 8.1% |
| North America | 15 | 6.8% |
| Northern Europe | 4 | 2.0% |
| Pacific Islands | 1 | 0.5% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataNextSource Materials Employee Count by Department (2026)
NextSource Materials's employee groups are Finance and Operations (62.7%), Engineering (23.2%), and Sales and Marketing (14.1%).
NextSource Materials employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 138 | 62.7% |
| Engineering | 51 | 23.2% |
| Sales and Marketing | 31 | 14.1% |
Compare NextSource Materials's department mix to industry peers.
See Full DataNextSource Materials Employee Salary by Region (2026)
NextSource Materials's average employee salary is $27,196 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 7.0x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $10,000.
NextSource Materials median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $191,000 |
| North America | $71,000 |
| Sub-Saharan Africa | $10,000 |
Unlock salary by role, level, and city — and compare to NextSource Materials's industry peers.
Unlock Salary DataNextSource Materials Job Openings and Hiring Trends (2023-2026)
- NextSource Materials had 3 active job postings in 2026, a 200.0% increase from 2025.
- NextSource Materials had 3 active job postings in 2025, a 200.0% increase (+3) from 2024.
- NextSource Materials had 0 active job postings in 2024, a 0% no change from 2023.
- NextSource Materials had 0 active job postings in 2023, a 0% no change from 2022.
- Hiring velocity in 2026: 1 new roles/month, up from 1 in 2025 and 0 in 2024.
NextSource Materials's hiring is accelerating: active job postings rose 200.0% in 2026 to 3, with new postings per month climbing from 0 in 2023 to 1 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataSimilar Companies
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Frequently Asked Questions About NextSource Materials
- How fast is NextSource Materials growing?
- In 2026, NextSource Materials's headcount shrank 18.1% to 220 employees, down from 321 in 2025.
- See the full headcount history
- Where are NextSource Materials employees located?
- Most NextSource Materials employees are based in Sub-Saharan Africa (82.6% of headcount), followed by Central America and the Caribbean and North America.
- Explore where the workforce is based
- What is the average salary at NextSource Materials?
- The average employee salary at NextSource Materials is approximately $27.2k per year.
- Analyze the salary distribution
- How many new job postings does NextSource Materials open per year?
- In Q1 2026, NextSource Materials opened 3 new job postings. In 2025, NextSource Materials opened 12 new job postings — about 1 per month.
- Track hiring trends by role
- When was NextSource Materials founded and where is it headquartered?
- NextSource Materials was founded in 2004 and is headquartered in Trinity-Bellwoods, Canada.
- Compare NextSource Materials to industry peers
Speak with a workforce expert about NextSource Materials.
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