What is Nextpower Inc. 's market cap?

Nextpower Inc. (NXT) has a market capitalization of $16.9B 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 $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.

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

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

$16.91B+80.3%

Revenue$3.6B+20.3%

Net income$585.9M+15.1%

Free cash flow$513.6M-17.4%

EPS (diluted)$3.84+10.3%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q4 2026 report

May 12, 2026

Revenue$880.5MBeat by $54.3M EPS$1.05Beat by $0.16

Read the full report

Next report

Jul 30, 2026 (In 2 weeks)

Revenue estimate$932.4M

EPS estimate$1.04

Financials

Q4 2026

Income statement

See full

Revenue$880.5M-4.7%

Gross profit$297.4M-2.7%

Operating income$153.6M-21.4%

Net income$150.6M-3.9%

EPS (diluted)$0.98-7.5%

Balance sheet

See full

Cash & equivalents$1.1B+42.9%

Total debt$52.9M+54.9%

Total equity$2.3B+43.4%

Total assets$4.1B+27.6%

Cash flow

See full

Operating cash flow$171.4M-27.8%

CapEx$17.8M+76.7%

Free cash flow$153.6M-32.4%

Valuation & ratios

Valuation

See full

Market cap$16.91B+80.3%

Enterprise value$15.87B+217%

P/E28.9×+11.3×

P/S4.8×+1.7×

Profitability

See full

Gross margin32.6%-1.5pp

Operating margin19.6%-2.0pp

Net margin16.5%-0.7pp

FCF margin14.4%-6.6pp

Returns & leverage

See full

Return on equity29.6%-9.3pp

Debt / equity0×0.0×

Current ratio2.4×+0.4×

Segments

By segment

See full

Reportable Segment$880.5M-4.7%

By geography

See full

Rest of the World$171.3M-45.9%

Competitors

By market cap

Nextpower Inc. $16.9B+69.9%

SolarEdge Technologies$3.4B+115%

Shoals Technologies Group, Inc.$1.7B+59.6%

Array Technologies, Inc.$979.9M—

NeoVolta$129.0M+9.9%

SunPower, Inc. $108.7M-33.3%

FTC Solar$85.9M+32.4%

Stem$62.3M-15.5%

By revenue growth

NeoVolta+325%

FTC Solar+73.0%

SolarEdge Technologies+39.2%

Shoals Technologies Group, Inc.+37.8%

Nextpower Inc. +20.3%

Array Technologies, Inc.+13.2%

Stem+0.7%

By net margin

Stem62.2%+651pp

Nextpower Inc. 16.46%-0.7pp

Shoals Technologies Group, Inc.6.27%+1.4pp

Array Technologies, Inc.-5.56%+15.6pp

SolarEdge Technologies-28.56%+162pp

FTC Solar-44.89%+33.7pp

NeoVolta-63.42%+33.3pp

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

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Questions, answered.

What is Nextpower Inc. 's market cap?: Nextpower Inc. (NXT) has a market capitalization of $16.9B 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 $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.
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.