Nextpower Inc.
Nextracker Inc. is a leading provider of intelligent solar tracker technology and software solutions for utility-scale and distributed generation solar power plants. The company's platform optimizes solar panel orientation to follow the sun's movement, significantly increasing energy yield and improving the levelized cost of energy for project owners. With a global presence across more than forty countries, Nextracker leverages a capital-light manufacturing model and advanced data analytics to enhance the performance and reliability of renewable energy infrastructure.
Financials
Based on Q1 2026 · FQ4 FY2026 filing
Revenue
View metricGross Profit
View metricNet Income
View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Solar Tracking Solutions
primaryIntegrated hardware and software systems that enable solar panels to rotate and follow the sun, including independent-row architectures and terrain-following capabilities.
NX Horizon, NX Horizon-XTR, NX Horizon-XTR 1.5, NX Horizon Hail Pro, NX Horizon Hail Pro-75, NX Horizon Low Carbon
Engineering, Procurement and Construction firms (EPCs), Solar project developers, Solar project owners
Software and Yield Management
moderateAdvanced digital solutions licensed to optimize energy production through real-time site data, topographical calibration, and weather risk mitigation.
TrueCapture, Zonal Diffuse, NX Navigator, Split Boost
Solar plant operators, Asset managers, Utility-scale project owners
Foundation and Electrical Balance of Systems
moderateSpecialized structural foundation technologies for challenging soils and electrical infrastructure components for power transport.
NX Anchor, NX Truss Driver, NX Foundation Solutions, Bentek eBOS solutions
EPC firms, Solar developers, Project installers
Segment Financials
Reportable Segment — Revenue
View metricReportable Segment — R&D
View metricReportable Segment — Material cost
View metricReportable Segment — Net Income
View metricBusiness Overview
Competitive Position
Nextracker is the global market leader in solar trackers by gigawatts shipped for nine consecutive years, maintaining a dominant position through technological innovation and a diversified global supply chain.
Geographies
United States, India, Australia, Brazil, Spain, Mexico, Middle East
Customer Segments
Utility-scale solar projects, Distributed generation, Renewable energy developers
Upstream Dependencies
Steel mills, Contract manufacturing fabricators, Semiconductor and sensor suppliers, Logistics and shipping providers
Downstream Customers
Utility-scale solar power plants, Commercial and industrial facility owners, Independent power producers
Competitors & Partners
Competitors
Subsidiaries
Ojjo, Inc.
Acquired foundation business specializing in challenging soil conditions.
Solar Pile International
Acquired foundation business integrated into NX Foundation Solutions.
Bentek Corporation
Acquired manufacturer of electrical infrastructure components (eBOS).
Nextpower Inc. FAQ
Common questions about Nextpower Inc.
Nextracker Inc. is a leading provider of intelligent solar tracker technology and software solutions for utility-scale and distributed generation solar power plants. The company's platform optimizes solar panel orientation to follow the sun's movement, significantly increasing energy yield and improving the levelized cost of energy for project owners. With a global presence across more than forty countries, Nextracker leverages a capital-light manufacturing model and advanced data analytics to enhance the performance and reliability of renewable energy infrastructure.
Nextpower Inc. (NXT) has a market capitalization of $20.0B and trades on NASDAQ.
Nextpower Inc. generated $3.6B in trailing twelve-month revenue with net income of $585.9M, representing a net margin of 16.5%. Gross margin stands at 32.6%, with free cash flow of $513.6M. These figures are based on the Q1 2026 filing.
Nextpower Inc. 's key competitors include Shoals Technologies Group, Array Technologies, FTC Solar, and others. These companies compete in similar markets and product categories.
Nextpower Inc. has approximately 277 employees.