Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California. The company was originally established in 2014 as Nextracker Inc. On November 12, 2025, it rebranded as Nextpower to reflect its transformation from solar tracking to energy technology for utility-scale and distributed generation solar power plants.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| NXT | Nextpower Inc. | 2026-07-16 14:59:57 | 106.9 | -2.13 | -1.95 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NXT | 0001852131 | Nextpower Inc. | US65290E1010 | — | — | Nasdaq | 3674 | Semiconductors & Related Devices | 0331 | DE | 6200 PASEO PADRE PARKWAY | FREMONT | CA | 94555 | UNITED STATES | US | 510-270-2500 | 6200 PASEO PADRE PARKWAY, FREMONT, CA, 94555 | 6200 PASEO PADRE PARKWAY, FREMONT, CA, 94555 | Nextracker Inc. | — | 2013 | — | 1,300 | http://nextpower.com | 10,800,000,000 | 98,204,522 | 136,542,423 | Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California. The company was originally established in 2014 as Nextracker Inc. On November 12, 2025, it rebranded as Nextpower to reflect its transformation from solar tracking to energy technology for utility-scale and distributed generation solar power plants. | 2026-07-16 15:44:44 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2026 | 10,800,000,000 | 5,200,000,000 | 92.8571 | — | — | — |
| 2025 | 5,600,000,000 | 3,100,000,000 | 124 | — | — | — |
| 2024 | 2,500,000,000 | 2,500,000,000 | 100 | — | — | — |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Charles Boynton | Chief Financial Officer | 2026 | 600,000 | 0 | — | 862,920 | 14,384 | 9,944,537 |
| Daniel Shugar | Chief Executive Officer | 2026 | 863,000 | 0 | — | 1,861,750 | 37,206 | 22,204,244 |
| Howard Wenger | President | 2026 | 581,731 | 0 | — | 862,920 | 14,384 | 11,180,097 |
| Daniel Shugar | Chief Executive Officer | 2025 | 863,000 | 0 | — | 2,072,624 | 53,845 | 20,097,412 |
| David Bennett | Chief Accounting Officer, Chief Financial Officer | 2025 | 470,000 | 0 | — | 585,291 | 14,184 | 2,837,459 |
| Fiscal Year | Employee Count |
|---|---|
| 2026 | 1,993 |
| 2025 | 1,300 |
| 2024 | 1,050 |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Revenue | 3,559,390,000 | 2,959,197,000 | 2,499,841,000 |
| Cost Of Revenue | 2,399,295,000 | 1,950,372,000 | 1,686,792,000 |
| Gross Profit | 1,160,095,000 | 1,008,825,000 | 813,049,000 |
| Research And Development Expenses | 120,909,000 | 79,392,000 | 42,360,000 |
| General And Administrative Expenses | 341,920,000 | 290,321,000 | 183,571,000 |
| Operating Expenses | 462,829,000 | 369,713,000 | 225,931,000 |
| Operating Income | 697,266,000 | 639,112,000 | 587,118,000 |
| Net Income | 585,883,000 | 509,168,000 | 306,241,000 |
| Earnings Per Share Basic | 3.96 | 3.55 | 3.97 |
| Earnings Per Share Diluted | 3.84 | 3.47 | 3.37 |
| Weighted Average Shares Outstanding Basic | 147,976,256 | 143,539,344 | 77,067,639 |
| Weighted Average Shares Outstanding Diluted | 152,710,033 | 149,275,950 | 147,284,330 |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Cash And Cash Equivalents | 1,094,976,000 | 766,103,000 | 474,054,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 417,043,000 | 472,462,000 | 382,687,000 |
| Inventories | 262,276,000 | 209,432,000 | 201,736,000 |
| Non Trade Receivables | — | — | — |
| Other Assets Current | 186,406,000 | 88,483,000 | 312,635,000 |
| Total Assets Current | 2,846,556,000 | 2,157,986,000 | 1,768,235,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 78,356,000 | 60,395,000 | 9,236,000 |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | 1,226,656,000 | 1,034,530,000 | 750,547,000 |
| Total Assets | 4,073,212,000 | 3,192,516,000 | 2,518,782,000 |
| Accounts Payable | 533,490,000 | 585,299,000 | 456,639,000 |
| Deferred Revenue | 307,492,000 | 247,127,000 | 225,539,000 |
| Short Term Debt | — | 0 | 3,750,000 |
| Other Liabilities Current | 192,747,000 | 104,086,000 | 82,410,000 |
| Total Liabilities Current | 1,163,862,000 | 1,033,512,000 | 891,486,000 |
| Long Term Debt | — | 0 | 143,967,000 |
| Other Liabilities Non Current | 99,801,000 | 39,360,000 | 491,301,000 |
| Total Liabilities Non Current | 574,953,000 | 530,874,000 | 635,268,000 |
| Total Liabilities | 1,738,815,000 | 1,564,386,000 | 1,526,754,000 |
| Common Stock | 15,000 | 15,000 | 14,000 |
| Retained Earnings | -1,971,527,000 | -2,557,410,000 | -3,066,578,000 |
| Accumulated Other Comprehensive Income | 183,000 | -298,000 | 17,000 |
| Total Shareholders Equity | 2,334,397,000 | 1,628,130,000 | 961,013,000 |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Depreciation And Amortization | 30,602,000 | 13,407,000 | 4,363,000 |
| Share Based Compensation Expense | 120,298,000 | 118,880,000 | 56,783,000 |
| Other Non Cash Income Expense | -25,194,000 | -16,599,000 | 67,000 |
| Change In Accounts Receivable | -61,853,000 | 47,648,000 | 113,955,000 |
| Change In Inventories | 46,554,000 | 2,970,000 | 60,981,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 94,299,000 | -67,916,000 | 104,171,000 |
| Change In Accounts Payable | -49,443,000 | 102,905,000 | 245,374,000 |
| Change In Other Liabilities | 241,978,000 | -55,055,000 | -42,468,000 |
| Cash From Operating Activities | 562,911,000 | 655,794,000 | 428,973,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 49,277,000 | 33,921,000 | 6,160,000 |
| Acquisition Of Business | 117,162,000 | 152,175,000 | — |
| Other Investing Activities | 8,262,000 | — | — |
| Cash From Investing Activities | -186,878,000 | -186,096,000 | -6,660,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | 0 | 0 | 552,009,000 |
| Repurchase Of Common Stock | 395,000 | 0 | 552,009,000 |
| Issuance Of Long Term Debt | — | 0 | 0 |
| Repayment Of Long Term Debt | 0 | 150,000,000 | 0 |
| Other Financing Activities | 0 | 0 | -3,051,000 |
| Cash From Financing Activities | -47,160,000 | -177,649,000 | -78,267,000 |
| Change In Cash | 328,873,000 | 292,049,000 | 344,046,000 |
| Cash At End Of Period | 1,094,976,000 | 766,103,000 | 474,054,000 |
| Income Taxes Paid | 64,586,000 | 125,519,000 | — |
| Interest Paid | 0 | 10,319,000 | — |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Earnings Per Share | 3.96 | 3.55 | 3.97 |
| Price To Earnings Ratio | 30.4419 | 11.8704 | 14.1562 |
| Earnings Growth Rate | 11.5493 | -10.5793 | 19,750 |
| Price Earnings To Growth Ratio | 2.6358 | -1.122 | 0.0007 |
| Book Value Per Share | 15.7755 | 11.3427 | 12.8722 |
| Price To Book Ratio | 7.6416 | 3.7152 | 4.366 |
| Ebitda | 681,071,000 | 648,094,000 | 310,604,000 |
| Enterprise Value | — | 5,282,644,956.16 | 4,004,864,311.8 |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | — | 0 | 0.1537 |
| Capital Expenditures | 48,563,000 | 64,566,000 | 6,344,000 |
| Free Cash Flow | 514,348,000 | 591,228,000 | 422,629,000 |
| Return On Equity | 0.251 | 0.3127 | 0.3187 |
| One Year Beta | 1.2725 | 0.7248 | 1.7892 |
| Three Year Beta | 1.2183 | 1.1454 | 1.6096 |
| Five Year Beta | 1.2075 | 1.1454 | 1.6096 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Wenger Howard | Director, President | 2026-06-22 | 16,041 | D | 431,044 |
| Bennett David P | Chief Accounting Officer | 2026-06-22 | 13,368 | D | 161,201 |
| SHUGAR DANIEL S | Director, Chief Executive Officer | 2026-06-22 | 30,077 | D | 938,767 |
| LEDESMA BRUCE | Chief Legal & Compliance Ofc | 2026-06-22 | 10,436 | D | 249,439 |
| Wenger Howard | Director, President | 2026-06-18 | 30,488 | A | 447,085 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Capital Advisors, Ltd. LLC | 2026-06-30 | 97,000 | 815 | 119.0184 |
| Crews Bank & Trust | 2026-06-30 | 2,502 | 21 | 119.1429 |
| Crossmark Global Holdings, Inc. | 2026-06-30 | 1,008,717 | 8,467 | 119.1351 |
| PFG Advisors | 2026-06-30 | 7,075,660 | 40,951 | 172.7836 |
| SYCOMORE ASSET MANAGEMENT | 2026-06-30 | 6,000 | 700 | 8.5714 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| Global X Funds | 2026-04-30 | Global X Russell 2000 ETF | RSSL | 63,277 | 7,538,189.01 | 0.5282 |
| Pacer Funds Trust | 2026-04-30 | Pacer Trendpilot US Mid Cap ETF | PTMC | 17,104 | 2,037,599.52 | 0.5191 |
| Pacer Funds Trust | 2026-04-30 | Pacer Lunt MidCap Multi-Factor Alternator ETF | PAMC | 6,250 | 744,562.5 | 1.1816 |
| Pacer Funds Trust | 2026-04-30 | Pacer Developed Markets Cash Cows Growth Leaders ETF | EAFG | 107 | 18,847.92 | 0.7392 |
| Pacer Funds Trust | 2026-04-30 | Pacer Data & Infrastructure Real Estate ETF | SRVR | 1,084,104 | 11,098,870.5 | 2.8088 |