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Verified American Company Independently reviewed and approved · June 2026

Nextpower Inc.

$125.65 -4.50% NASDAQ: NXT · 15-min delayed
  • FREMONT, California
  • Public · NASDAQ: NXT
  • 1,993 employees
$19.8BMarket cap
$3.6BRevenue · FY2026
$585.9MNet income
1,993Employees
NXTNASDAQ
2023IPO

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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Reported figures

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

Multi-year

Revenue & profit trend

Revenue Net income
FY 2025

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)

NASDAQ: NXT
$125.65 -4.50%

15-minute delayed · data by Polygon.io

Past year

$41.12 $156.40

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

Auto-generated

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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