Nextpower Inc.NXT
What Nextpower Inc. does.
Unless the context requires otherwise, references in this Annual Report on Form 10-K to “Nextpower,” the “Company,” “we,” “us” and “our” mean Nextpower Inc. and its consolidated subsidiaries (formerly known as Nextracker Inc.)
Our mission is to be the trusted partner delivering the world’s most intelligent, reliable, and productive clean-power technology.
We are a leading global provider of solar and energy technology solutions for utility-scale power plants. Founded in 2013 by our Chief Executive Officer, Dan Shugar, we pioneered and remain the global market leader in solar tracking systems. We now deliver an integrated suite of structural, electrical, and digital solutions across the full lifecycle of solar power plants, from design and construction through operations and maintenance. Our integrated solutions are designed to streamline project execution, increase energy yield and long-term reliability, and enhance customer return on investment (“ROI”).
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.5B | $1.9B | $2.5B | $3.0B | $3.6B |
| Net income | $0 | $0 | $1.1M | $306.2M | $509.2M | $585.9M |
| Free cash flow | $91.8M | -$153.0M | $104.5M | $422.8M | $621.9M | $513.6M |
More on NXT.
- Nextpower Inc. summary
- Nextpower Inc. financial statements
- Nextpower Inc. key metrics
- Nextpower Inc. health scores and style box
- Nextpower Inc. earnings
- Nextpower Inc. dividends
- Nextpower Inc. valuation
- Nextpower Inc. ownership and insiders
- Nextpower Inc. peers
Figures from Nextpower Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.