What is Nextpower Inc.'s market cap?

Nextpower Inc. (NXT) has a market capitalization of $12.7B and trades on NASDAQ.

What is Nextpower Inc.'s revenue and profitability?

Nextpower Inc. generated $3.6B in trailing twelve-month revenue with net income of $594.1M, representing a net margin of 16.4%. Gross margin stands at 33.4%, with free cash flow of $548.7M. The latest reported period is Q1 2027.

Who are Nextpower Inc.'s competitors?

Nextpower Inc.'s key competitors include FTC Solar, Array Technologies, Shoals Technologies Group, and others. These companies compete in similar markets and product categories.

Who does Nextpower Inc. partner with?

Nextpower Inc.'s notable partners include Lazard Ltd.

What subsidiaries does Nextpower Inc. have?

Nextpower Inc.'s subsidiaries include Ojjo, Inc., Solar Pile International, Bentek Corporation.

Where is Nextpower Inc. headquartered?

Nextpower Inc. is headquartered in United States of America and employs approximately 277 people. It has been publicly traded since 2023.

Nextpower Inc. (NXT) Stock Fundamentals & Financials

Nextracker Inc. is a leading provider of intelligent solar tracker technology and software solutions for utility-scale and distributed generation solar power plants.

Market cap

$12.66B-2.3%

Revenue$3.6B+17.0%

Net income$594.1M+9.1%

Free cash flow$548.7M-4.4%

EPS (diluted)$3.87+5.2%

Trailing twelve months · change vs. prior year

Earnings

Q1 2027 report

July 30, 2026

Revenue$935.2MIn line EPS$1.20Beat by $0.15

Read the full report

Next report

Oct 28, 2026 (In 1 week)

Revenue estimate$1.1B

EPS estimate$1.11

Financials

Q1 2027

Income statement

See full

Revenue$935.2M+8.2%

Gross profit$335.9M+19.2%

Operating income$190.9M+2.5%

Net income$165.4M+5.2%

EPS (diluted)$1.07+2.9%

Balance sheet

See full

Cash & equivalents$1.2B+63.3%

Total debt$38.4M—

Total equity$2.6B+41.5%

Total assets$4.3B+25.7%

Cash flow

See full

Operating cash flow$121.1M+48.9%

CapEx$15.9M+41.2%

Free cash flow$105.2M+50.1%

Valuation & ratios

Valuation

See full

Market cap$12.66B-2.3%

Enterprise value$11.49B—

P/E21.3×-1.2×

P/S3.5×-0.4×

Profitability

See full

Gross margin33.4%-0.5pp

Operating margin19.3%-2.1pp

Net margin16.4%-1.2pp

FCF margin15.1%-3.4pp

Returns & leverage

See full

Return on equity27.2%-10.0pp

Debt / equity0×—

Current ratio2.7×+0.5×

Segments

By segment

See full

Reportable Segment$935.2M+8.2%

By geography

See full

Rest of the World$159.6M-39.7%

Competitors

By market cap

Nextpower Inc.$12.7B-2.3%

SolarEdge Technologies$1.9B-18.8%

Shoals Technologies Group, Inc.$1.3B-23.0%

Array Technologies, Inc.$549.8M-58.9%

SunPower, Inc.$84.1M-47.4%

Stem$35.6M-83.6%

FTC Solar$27.4M-80.4%

Sono Group$1.7M-87.7%

By revenue growth

FTC Solar+59.5%

Shoals Technologies Group, Inc.+46.9%

SolarEdge Technologies+41.7%

Nextpower Inc.+17.0%

Array Technologies, Inc.+1.2%

Stem-5.1%

By net margin

Stem62.2%+615pp

Nextpower Inc.16.36%-1.2pp

Shoals Technologies Group, Inc.5.41%+0.1pp

Array Technologies, Inc.-7.25%+10.5pp

SolarEdge Technologies-20.29%+165pp

FTC Solar-53.61%+19.4pp

Profile

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.

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.

GeographiesUnited States, India, Australia, Brazil, Spain, Mexico, Middle East

Customer segmentsUtility-scale solar projects, Distributed generation, Renewable energy developers

Business modelHardware-as-a-Service, Software licensing, Contract manufacturing, B2B

SuppliersSteel mills, Contract manufacturing fabricators, Semiconductor and sensor suppliers, Logistics and shipping providers

CustomersUtility-scale solar power plants, Commercial and industrial facility owners, Independent power producers

CountryUnited States of America

Listed2023

Employees277.0

CEODaniel S. Shugar

SectorEnergy

IndustrySolar

Websitenextracker.com

FilingsSEC EDGAR

FAQ

What is Nextpower Inc.'s market cap?: Nextpower Inc. (NXT) has a market capitalization of $12.7B and trades on NASDAQ.
What is Nextpower Inc.'s revenue and profitability?: Nextpower Inc. generated $3.6B in trailing twelve-month revenue with net income of $594.1M, representing a net margin of 16.4%. Gross margin stands at 33.4%, with free cash flow of $548.7M. The latest reported period is Q1 2027.
Who are Nextpower Inc.'s competitors?: Nextpower Inc.'s key competitors include FTC Solar, Array Technologies, Shoals Technologies Group, and others. These companies compete in similar markets and product categories.
Who does Nextpower Inc. partner with?: Nextpower Inc.'s notable partners include Lazard Ltd.
What subsidiaries does Nextpower Inc. have?: Nextpower Inc.'s subsidiaries include Ojjo, Inc., Solar Pile International, Bentek Corporation.
Where is Nextpower Inc. headquartered?: Nextpower Inc. is headquartered in United States of America and employs approximately 277 people. It has been publicly traded since 2023.

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