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NASDAQ · SEMICONDUCTORS & RELATED DEVICES · LARGE CAP

Nextpower Inc. NXT

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.6B
▲ 20.3% YoY
$585.9M
▲ 15.1% YoY
$513.6M
▼ 17.4% YoY
In brief

What this company does

Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants. As of March 31, 2026, it had shipped more than 160 GW of its solar tracker systems to projects on six continents for utility-scale and distributed generation solar applications. As of March 31, 2026, its customer base consisted of over 275 active customers across more than forty countries. As of March 31, 2026, it had approximately 1,993 full-time employees. Its solutions extend beyond solar tracking systems to include yield management systems, foundations, steel frames, electrical balance of systems, AI and robotic services, risk mitigation and operability solutions, and emerging technologies. In September 2025, it acquired Origami Solar, Inc., expanding into the solar panel frame market. It was founded in 2013 by its Chief Executive Officer, Dan Shugar.

Written from the business description in Nextpower Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 19 May 2026. Every sentence was checked against that document before publication.

Growth
USD 3.6B
Revenue, FY2025 · full 6-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.6 · Net income 0.6
2B202020212022202320242025
Compound annual growth
+23.2%
+24.4%
+700.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +24.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
16 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 19.6% · Net 16.5%
10%20%202020212022202320242025
ROE
FY2025 · ROE 29.6%
10%20%30%202020212022202320242025

Each USD of equity produced 30 cents of profit this year.

Cash & shareholders
USD 395,000.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 513.6
250.0M500.0M-80.0M202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 0.4
-200M-400M20212022202320242025

USD 395,000.00 in buybacks — 0% of the year's profit went back to shareholders.

Total assetsUSD 4.1B
EquityUSD 2.3B
CashUSD 1.1B
Current ratio2.45×

Equity funds 57% of total assets.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B3.63.02.51.91.51.2
Operating income $B0.70.60.60.20.10.2
EBITDA $B0.70.70.60.20.10.2
Income tax $B0.10.10.10.00.00.0
Net income $B0.60.50.30.00.00.0
Free cash flow $B0.50.60.40.1−0.20.1
EPS, diluted $3.843.473.370.02··
Dividend / sh $······
Payout %······
ROE %29.638.9····
Shares out B··0.07···

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 26 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 69 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySemiconductors & Related Devices
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsMarch 31
Data on record since2020

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