Income StatementBalance SheetCash FlowSegments
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Nextpower Inc. Cash Flow Statement

Operating, investing, and financing cash movements

Nextpower Inc. generated $562.9M in operating cash flow over the trailing twelve months. After $49.3M in capital expenditures, free cash flow was $513.6M. Free cash flow decreased 0.2% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$562.9MNet Cash From Investing (TTM)-$186.9MNet Cash From Financing (TTM)-$47.2MCapital Expenditures (TTM)$49.3MDepreciation And Amortization Cf (TTM)$30.6MNet Change In Cash (TTM)$328.9M
Latest FilingQ1 2026
Report Date2026-05-19
Market Cap$20.0B
P/E Ratio34.08
ROE29.57%

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other non-cash income (expense)-$4.1M-$4.1M-$6.3M-$6.3M-$6.3M-$6.3M
Amortization of debt issuance costs$456.0K$456.0K$287.0K$287.0K$287.0K$287.0K
Other non-cash income (expense)-$4.1M-$4.1M-$6.3M-$6.3M-$6.3M-$6.3M
Change in accounts payable$25.7M$25.7M-$12.4M-$12.4M-$12.4M-$12.4M
Change in accounts receivable$11.9M$11.9M-$15.5M-$15.5M-$15.5M-$15.5M
Change in deferred revenue$8.7M$8.7M$17.0M$17.0M$17.0M$17.0M
Change in inventories$742.5K$742.5K$11.6M$11.6M$11.6M$11.6M
Change in other assets-$17.0M-$17.0M$23.6M$23.6M$23.6M$23.6M
Change in other liabilities-$13.8M-$13.8M$60.5M$60.5M$60.5M$60.5M
Other working capital changes-$22.1M—$81.6M-$32.7M$16.4M-$90.6M
Change in fair value of contingent consideration$0.0$0.0$1.5M$1.5M$1.5M$1.5M
Deferred income taxes-$2.2M-$2.2M-$55.8K-$55.8K-$55.8K-$55.8K
Depreciation and amortization$4.4M$5.1M$5.8M$7.4M$8.4M$9.0M
Other Non-Cash Income (Expense)-$4.1M-$4.1M-$6.3M-$6.3M-$6.3M-$6.3M
Loss on extinguishment of debt$0.0$0.0-$1.3M-$1.3M-$1.3M-$1.3M
Other Non-cash Income (Expense)-$4.1M-$4.1M-$6.3M-$6.3M-$6.3M-$6.3M
Other Non-cash Income (Expense)-$4.1M-$4.1M-$6.3M-$6.3M-$6.3M-$6.3M
Net cash from operating activities$143.8M$237.3M$81.3M$186.9M$123.3M$171.4M
Net income$117.4M$157.8M$157.2M$146.9M$131.2M$150.6M
Other non-cash income (expense)-$4.1M-$4.1M-$6.3M-$6.3M-$6.3M-$6.3M
Amortization expense related to capitalized debt issuance costs$456.0K$456.0K$287.0K$287.0K$287.0K$287.0K
Contingent consideration fair value adjustments$0.0$0.0$1.5M$1.5M$1.5M$1.5M
Accounts payable$25.7M$25.7M-$12.4M-$12.4M-$12.4M-$12.4M
Increase (Decrease) in Contract with Customer, Asset$2.2M$2.2M$31.6M$31.6M$31.6M$31.6M
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital-$22.1M—$81.6M—$16.4M—
Increase (Decrease) in Other Operating Assets-$17.0M-$17.0M$23.6M$23.6M$23.6M$23.6M
Other Noncash Income (Expense)-$4.1M-$4.1M-$6.3M-$6.3M-$6.3M-$6.3M
Provision for Loan, Lease, and Other Losses-$599.8K-$599.8K$151.5K$151.5K$151.5K$151.5K
Tax Credit Receivable$23.0M$23.0M$66.8M$66.8M$66.8M$66.8M
Other Non-cash Income and Expense-$4.1M-$4.1M-$6.3M-$6.3M-$6.3M-$6.3M
Other Non-Cash Adjustments-$4.1M-$4.1M-$6.3M-$6.3M-$6.3M-$6.3M
Other Non-Cash Income and Expense-$4.1M-$4.1M-$6.3M-$6.3M-$6.3M-$6.3M
Provision for credit losses-$599.8K-$599.8K$151.5K$151.5K$151.5K$151.5K
Stock-based compensation$29.7M$29.7M$30.1M$30.1M$30.1M$30.1M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Acquisitions, net of cash acquired——$86.8M$29.0M$8.3M$0.0
Capital expenditures$8.9M$10.1M$11.3M$15.5M$4.7M$17.8M
Payment for (Proceeds from) Other Investing Activity—$7.5M———$5.5M
Payments to Acquire Equity Method Investments$0.0$0.0$3.0M$3.0M$3.0M$3.0M
Net cash from investing activities-$8.9M-$17.6M-$98.1M-$44.5M-$15.8M-$28.6M
Other investing activities—$7.5M———$5.5M
Purchases of equity securities$0.0$0.0$3.0M$3.0M$3.0M$3.0M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures incurred but not yet paid——$1.4M—$848.0K—
ROU assets obtained - finance leases$20.0M—$884.0K$23.3M$3.2M—
ROU Asset Obtained for Finance Lease Liability$20.0M—$884.0K$23.3M$3.2M—
Capital expenditures incurred but not yet paid——$1.4M—$848.0K—
Capital Expenditures Incurred but Not Yet Paid——$1.4M—$848.0K—

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Repayments of debt$938.0K$147.2M$0.0$0.0$0.0$0.0
Payment of acquisition deferred purchase price$0.0$0.0——-$197.0K-$125.0K
Payments for Repurchase of Other Equity$0.0$0.0$0.0$0.0$0.0$0.0
Payments Of Debt Issuance Costs$2.3M—$0.0$2.0M——
Pre Initial Public Offer Distribution To Noncontrolling Interest Holders——$3.0M———
Tax Receivable Agreement Payment——$2.9M$24.5M——
Net cash from financing activities-$3.2M-$147.2M-$6.0M-$40.5M-$197.0K-$520.0K
Payment of debt issuance costs$2.3M—$0.0$2.0M——

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$134.9M$227.2M$70.1M$171.4M$118.5M$153.6M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash$131.7M$72.6M-$22.7M$101.9M$107.3M$142.4M
Accrued payables for capital expenditures——$1.4M—$848.0K—
Fair value of contingent considerations for acquisitions————$1.0M—
Leased assets obtained in exchange for finance lease liabilities$20.0M—$884.0K$23.3M$3.2M—