Nextpower Inc.
About Nextpower Inc.
Nextpower (and its subsidiaries) is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects around the world. Nextpower's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. Nextpower has operations in the United States, Mexico, Spain and other countries in Europe, India, Australia, the Middle East, Africa, and Brazil.
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Financial summary
- Revenue FY2026
- $3.6B
- Net income
- $585.9M
- Total assets
- $4.1B
- Market cap
- $19.8B
- Gross margin
- 34.1%
- Operating margin
- 21.6%
- Net margin
- 17.5%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $3.0B
- Cost of revenue
- $2.0B
- Gross profit
- $1.0B
- Operating expenses
- $369.7M
- Operating income
- $639.1M
- Income tax
- $130.8M
- Net income
- $517.2M
- EPS (basic)
- $3.55
- EPS (diluted)
- $3.47
Balance sheet
- Total assets
- $3.2B
- Current assets
- $2.2B
- Total liabilities
- $1.6B
- Current liabilities
- $1.0B
- Shareholders’ equity
- $1.6B
Cash flow
- Operating cash flow
- $655.8M
- Investing cash flow
- -$186.1M
- Financing cash flow
- -$177.6M
- Net cash flow
- $292.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $19.8B
- P/E ratio
- 36.2
- EPS (diluted)
- $3.47
- Dividend yield
- 0.2%
- Shares outstanding
- 157.4M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Feb 9, 2023
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $585.9M in FY2026.
- Revenue grew 56% from FY2023 to FY2025.
- Gross margin of 34.1%, net margin 17.5%.
- Trading 20% below its 52-week high.
- Pays a dividend yielding about 0.2% annually.
- Valued at a price-to-earnings (P/E) ratio of 36.2.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Nextpower Inc.
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