Income StatementBalance SheetCash FlowSegments
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Nextpower Inc. Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Nextpower Inc. holds $4.1B in total assets. Shareholders' equity is $2.3B against $52.9M in total debt. Cash and equivalents total $1.1B. The current ratio is 2.45 and debt-to-equity is 0.023. Based on the Q1 2026 filing.

Total Assets$4.1BTotal Stockholders Equity$2.3BLong Term Debt-Cash And Equivalents$1.1BTotal Current Assets$2.8BTotal Current Liabilities$1.2B
Latest FilingQ1 2026
Report Date2026-05-19
Market Cap$20.0B
P/E Ratio34.08
ROE29.57%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$377.5M$585.3M$581.5M$553.6M$560.1M$533.5M
Accrued expenses$40.8M$97.0M$37.8M$44.1M$52.6M$130.1M
Accrued Manufacturing Costs$40.8M$54.1M$37.8M$44.1M$52.6M—
Accrued Progress Collections and Price Adjustments—$96.6M$101.5M$98.9M$97.6M$102.5M
Current Liabilities Assumed in Business Combination——$23.9M———
Other Commercial Liabilities$72.9M$97.0M$86.0M$103.6M$106.6M$130.1M
Contract liabilities—$96.6M$101.5M$98.9M$97.6M$102.5M
Accrued Liabilities, Current$72.9M$97.0M$86.0M$103.6M$106.6M$130.1M
Compensation and benefits$40.8M$54.1M$37.8M$44.1M$52.6M—
Other accrued liabilities$150.7M$104.1M$102.9M$90.3M$96.2M$192.7M
Customer Deposits$69.7M$50.2M$48.6M$88.8M$73.1M—
Deferred revenue$391.8M$247.1M$261.7M$372.3M$321.9M$307.5M
Note payable to DIRECTV$150.7M$104.1M$102.9M$90.3M$96.2M$192.7M
Operating lease liabilities, current—$34.1M———$52.9M
Standard Product Warranty Accrual$18.6M$18.0M$18.5M$21.3M$28.0M—
Total current liabilities$904.6M$1.0B$1.0B$1.1B$1.1B$1.2B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$457.9M$472.5M$553.6M$549.2M$452.2M$417.0M
Allowance for Doubtful Accounts$2.8M$1.5M$1.4M$2.2M$2.0M—
Allowance for Doubtful Accounts Receivable (Current)$2.8M$1.5M$1.4M$2.2M$2.0M—
Cash and cash equivalents$693.5M$766.1M$743.4M$845.3M$952.6M$1.1B
Contract assets$279.0M$405.9M$384.7M$425.3M$443.4M$533.3M
Other current assets$346.7M$88.5M$102.9M$153.1M$134.9M$186.4M
Section 45X credit receivable—$215.6M$221.2M$244.5M$301.1M$352.6M
Inventories$217.3M$209.4M$227.1M$221.2M$275.3M$262.3M
Prepaid expenses and other current assets$346.7M$88.5M$102.9M$153.1M$134.9M$186.4M
Total current assets$2.0B$2.2B$2.2B$2.4B$2.6B$2.8B
Unbilled Revenue$140.6M$140.4M$164.7M$141.2M$108.7M—

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$4.1B$4.2B$4.2B$4.2B$4.3B$4.3B
Accumulated other comprehensive income (loss)-$1.2M-$298.0K-$777.0K-$737.0K-$656.0K$183.0K
Retained earnings-$2.7B-$2.6B-$2.4B-$2.3B-$2.1B-$2.0B
Total liabilities and stockholders' equity$3.0B$3.2B$3.4B$3.7B$3.8B$4.1B
Total stockholders' equity$1.4B$1.6B$1.8B$2.0B$2.2B$2.3B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aggregate Notional Principal Outstanding————$45.0M—
Deferred Revenue Timing Percentage76.0%—72.0%79.0%77.0%—
Derivative Notional Amount————$45.0M—
Number of Countries of Operation————4500.0%—
Accrued freight and tariffs$32.1M$42.9M$48.2M$59.4M$53.9M—
Allowance for doubtful accounts$2.8M$1.5M$1.4M$2.2M$2.0M—
Business Combination, Contingent Consideration, Liability—$2.6M—$31.5M$32.4M—
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other——$8.9M———
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets——$12.0M———
Net assets acquired——$149.4M———
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets——$23.4M———
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets Acquired Including Goodwill——$182.1M———
Purchased finite-lived intangible assets——$25.8M———
Notional————$45.0M—
Finite-Lived Intangible Assets, Accumulated Amortization$5.2M$7.0M$9.0M$12.0M$15.2M—
2028$7.1M—$10.4M$12.5M$12.7M—
2030$7.1M—$9.3M$11.0M$11.1M—
2031$6.9M—$6.3M$8.0M$8.2M—
2027$1.8M—$8.1M$6.4M$3.7M—
2029$7.1M—$9.5M$11.3M$11.5M—
Finite Lived Intangible Assets Amortization Expense After Year Five$17.4M—$25.3M$32.5M$33.3M—
Gross Carrying Amount$52.7M$60.2M$78.0M$93.7M$95.8M—
Tax receivable agreement (TRA) liability$375.0M$394.9M$391.9M$372.5M$371.2M$372.7M
Number of countries in which Visa operates (more than)————$45.0—
Percentage of value of imported merchandise250.0%—————
Potential procedural certification deficiencies$120.0M—————
Standard and Extended Product Warranty Accrual$18.6M$18.0M$18.5M$21.3M$28.0M—
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied$391.8M—$363.1M$471.2M$419.5M—
TRA revaluation——$0.0$0.0$0.0—
Unbilled Receivables$140.6M$140.4M$164.7M$141.2M$108.7M—

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net Assets Acquired in Business Combination——$149.4M———
Deferred tax assets$472.2M$498.8M$511.3M$513.7M$517.6M$511.8M
Deferred Tax Assets and Other Non-Current Assets—$498.8M$511.3M$513.7M$517.6M—
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)$7.1M—$9.3M$11.0M$11.1M—
Finite-Lived Intangible Assets - Expected Amortization Expense (Year Five)$17.4M—$25.3M$32.5M$33.3M—
Finite Lived Intangible Assets - Gross$52.7M$60.2M$78.0M$93.7M$95.8M—
Goodwill$370.6M$371.0M$114.3M$473.7M$485.3M$489.0M
Intangible assets, net$47.5M$53.2M$68.9M$81.7M$80.6M$78.0M
Deferred tax assets$472.2M$498.8M$511.3M$513.7M$517.6M$511.8M
Intangible assets — net$47.5M—$68.9M$81.7M$80.6M—
Other intangible assets—net$47.5M$53.2M$68.9M$81.7M$80.6M$78.0M
Other Assets$50.7M$51.1M$59.4M$76.2M$72.2M$69.5M
Other non-current assets$50.7M$51.1M$59.4M$76.2M$72.2M$69.5M
Accumulated depreciation$5.2M$7.0M$9.0M$12.0M$15.2M—
Property and equipment, net$48.0M$60.4M$72.4M$84.9M$84.8M$78.4M
Total assets$3.0B$3.2B$3.4B$3.7B$3.8B$4.1B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contingent Consideration Liability (Non-Current)—$2.6M—$31.5M$32.4M—
Contract Liabilities, Non-Current—$96.6M$101.5M$98.9M$97.6M$102.5M
Deferred revenue, net of current portion—$96.6M$101.5M$98.9M$97.6M$102.5M
Operating Lease Liabilities (Total)—$34.1M———$52.9M
Other non-current liabilities$140.2M$39.4M$57.4M$92.0M$95.7M$99.8M
Total liabilities$1.6B$1.6B$1.6B$1.7B$1.6B$1.7B