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Nextpower Inc. (NXT)
Technology · Solar · NasdaqGS
Nextpower Inc. revenue & earnings — last 6 fiscal years
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | $1.20B | $1.46B | $1.90B | $2.50B | $2.96B | $3.56B |
| Gross profit | $231.98M | $147.03M | $286.97M | $813.05M | $1.01B | $1.16B |
| Net income | $0 | $50.91M | $1.14M | $306.24M | $509.17M | $585.88M |
| Net margin | 0.0% | 3.5% | 0.1% | 12.3% | 17.2% | 16.5% |
Source: Nextpower Inc. SEC filings (10-K).
Explore 6 years of Nextpower Inc. financials — interactive
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About Nextpower Inc.
Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. The company also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor and NX Earth Truss, a solar foundation technology to facilitate solar project development in challenging soil conditions; Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. It serves engineering, procurement, and construction firms, as well as solar project developers and owners. The company was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.
Nextpower Inc. — frequently asked questions
What is Nextpower Inc.'s revenue?
Nextpower Inc. (NXT) reported revenue of $3.56B for fiscal year 2026, up 20.3% from the prior year, according to its SEC filings.
Is Nextpower Inc. profitable?
Yes. NXT earned net income of $585.88M in fiscal 2026, a net margin of 16.5%.
What is NXT's P/E ratio?
Nextpower Inc. trades at a price-to-earnings ratio of about 29.1 based on the latest data in our nightly-refreshed cache.
How fast is Nextpower Inc. growing?
NXT's revenue grew at roughly 24.4% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
Where does this data come from?
All figures are computed from Nextpower Inc.'s official SEC filings (10-K and 10-Q), covering 6 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.