Saturday 17 October 2026 Export NXT’s income statement to Excel — free account

Nextpower Inc.

Nextpower Inc.’s revenue for fiscal 2026 (year ended March 2026) was $3.6 billion, up 20.3% from fiscal 2025. In the quarter to June 2026, revenue grew 8.21%, EPS grew 3.77% and free cash flow grew 50.1%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

80.04 3.41 −4.09%

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Market cap: $12.7B
P/E: 20.1×
Fwd P/E: 35.6×
Dividend yield: —
F-score: 4/9
Altman Z: 7.41
Beneish M: −2.52
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 52.58

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	2	2	1	—	3	—	7	1	—	5	1	—

Insider Ownership 1.06%

Capital & Financial Ratios $m

Market Cap 12,660.00

Revenue 3,630.31

Net Income 594.06

Free Cash Flow 548.73

Net Debt (1,213.90)

Current Ratio 2.69

Debt/Equity 0.00

P/E ratio 20.11

Fwd P/E 35.60

P/S ratio 3.32

P/B ratio 4.72

Past 5Y EPS Growth 3.52%

This Y EPS Growth 3.81%

Next Y EPS Growth 22.21%

Next Y revenue growth 60.25%

Next 5Y EPS Growth 15.18%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 55.80%

10-year low 10-year high

P/S against its own 10 years 71.57%

10-year low 10-year high

EV/Sales against its own 10 years 70.70%

10-year low 10-year high

EV/FCF against its own 10 years 67.78%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2027	Powerpack
2026	Powerpack
2025	Powerpack
2024	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	474	766	1,095	1,214
Receivables	383	472	417	445
Inventory	202	209	262	262
Other	710	710	1,072	1,108
	1,768	2,158	2,847	3,028

	2024	2025	2026	Q'26
Payables	457	585	533	536
ST’ Debt	4	—	—	—
Other	123	104	193	158
	891	1,034	1,164	1,126

Compound Annual Growth %

	10y	5y	3y
Sales	—	24.38%	23.23%
Cash Flow	—	42.96%	73.56%
Earnings	—	36.42%	700.30%
Book Value	—	38.62%	0.00%

Revenue $m

	Jun	Sep	Dec	Mar	Year
’26	935	—	—	—	—
’26	864	905	909	881	3,559
’25	720	636	679	924	2,959
’24	480	573	710	737	2,500
’23	403	467	513	518	1,902
’22	—	—	338	—	1,458
’21	—	—	—	—	1,196

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	121	—	—	—	—
’26	81	187	123	171	563
’25	121	154	144	237	656
’24	226	27	65	111	429
’23	3	50	20	35	108
’22	—	—	(106)	(41)	(147)
’21	—	—	—	94	94

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	105	—	—	—	—
’26	70	171	119	154	514
’25	118	142	135	227	622
’24	225	26	62	109	422
’23	2	49	19	35	105
’22	—	—	(111)	(42)	(153)
’21	—	—	—	92	91

Fiscal quarters ending in the months shown.

EPS $

	Jun	Sep	Dec	Mar	Year
’26	1.07	—	—	—	—
’26	1.04	0.97	0.85	0.97	3.84
’25	0.84	0.79	0.79	1.05	3.47
’24	0.43	0.55	0.87	1.51	3.37
’23	—	0.59	0.93	0.02	0.02
’22	—	—	—	—	1.11
’21	—	—	—	—	3.23

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	—	—	—	—	—	—	28.24	30.93	36.06	76.72	Analyst estimates 2027–2029 Powerpack
	High	—	—	—	—	—	—	49.82	62.31	112.74	163.13
People
People	Employees	—	—	—	—	—	477	606	1,050	1,300	1,993
	Revenue/emp, $m	—	—	0.00	0.00	0.00	3.06	3.14	2.38	2.28	1.79
Income, $m
Income, $m	Revenue	—	—	661	1,171	1,196	1,458	1,902	2,500	2,959	3,559
	Gross margin, %	—	—	7.41	18.18	19.40	10.09	15.09	32.52	34.09	32.59
	EBT	—	—	1	149	158	65	169	608	648	714
	EBT margin, %	—	—	0.15	12.71	13.22	4.47	8.89	24.32	21.90	20.05
	Net income	—	—	(2)	118	124	51	121	496	517	586
	Depreciation	—	—	19	18	17	11	5	5	15	32
Per share, $
Per share, $	Revenue	—	—	16.95	30.03	30.66	31.69	41.45	32.44	20.62	24.05
	Earnings	—	—	(0.04)	3.07	3.23	1.11	0.02	3.97	3.55	3.96
	Cash flow	—	—	(0.36)	6.18	2.42	(3.20)	2.35	5.57	4.57	3.80
	Capex	—	—	0.00	(0.04)	(0.08)	(0.12)	(0.07)	(0.09)	(0.24)	(0.33)
	Free cash flow	—	—	(0.36)	6.14	2.34	(3.32)	2.28	5.48	4.33	3.47
	Book value	—	—	9.21	0.00	11.69	(0.07)	(67.03)	12.87	11.34	15.78
	Shares, m	—	—	39	39	39	46	46	77	144	148
Valuation, ×
Valuation, ×	P/E	—	—	20.11	20.11	20.11	20.11	20.11	17.40	11.90	30.60
	P/S	—	—	0.81	0.81	0.81	0.81	0.87	1.73	2.04	5.01
	P/B	—	—	14.51	14.51	14.51	14.51	0.00	4.37	3.72	7.64
	EV/Sales	—	—	0.75	0.75	0.75	0.75	0.88	1.60	1.83	4.74
	EV/FCF	—	—	47.02	47.02	47.02	47.02	16.10	9.47	8.73	32.88
Cash, $m
Cash, $m	Operating cash flow	—	—	(14)	241	94	(147)	108	429	656	563
	Capex	—	—	(5)	(2)	(3)	(6)	(3)	(7)	(34)	(49)
	Free cash flow	—	—	(14)	239	91	(153)	105	422	622	514
Balance, $m
Balance, $m	Working capital	—	—	54	(60)	192	241	365	877	1,124	1,683
	Total debt	—	—	—	5	5	5	149	148	—	—
	Net debt	—	—	(14)	2	(186)	(24)	19	(326)	(766)	(1,095)
	Shareholders’ equity	—	—	359	—	456	(3)	(3,076)	992	1,628	2,334
Returns, %
Returns, %	ROA	—	—	0.00	42.46	17.25	5.37	0.09	15.55	17.83	16.13
	ROIC	—	—	0.00	4,653.28	36.63	0.00	0.00	55.12	46.34	35.16
	ROE	—	—	0.00	40.09	36.10	22.52	(0.07)	(29.39)	38.87	29.57

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
FSLR First Solar, Inc.	$19.2B	10.6×	16.0×	−3.73% (below 0%: shrinking)	+23.20% (above 0%: growing)	−121.01% (below 0%: shrinking)	57.28%	42.64%	Compare
NXT Nextpower Inc.	$12.7B	20.1×	35.6×	+8.21% (above 0%: growing)	+3.77% (above 0%: growing)	+50.09% (above 0%: growing)	35.91%	20.41%
ENPH Enphase Energy, Inc.	$4.1B	30.0×	194×	−19.63% (below 0%: shrinking)	−3.57% (below 0%: shrinking)	+41.15% (above 0%: growing)	59.97%	17.65%	Compare
SEDG SolarEdge Technologies, Inc.	$1.9B	— (loss-making)	— (loss-making)	+19.63% (above 0%: growing)	n/m	+196.82% (above 0%: growing)	27.48%	(4.63%)	Compare
RUN Sunrun Inc.	$1.8B	4.3×	10.8×	+52.81% (above 0%: growing)	−60.66% (below 0%: shrinking)	+37.10% (above 0%: growing)	37.73%	4.00%	Compare
SHLS Shoals Technologies Group, Inc.	$1.3B	38.1×	42.0×	+47.39% (above 0%: growing)	−12.50% (below 0%: shrinking)	+99.01% (above 0%: growing)	30.31%	11.46%	Compare
DQ DAQO New Energy Corp.	$720.7M	— (loss-making)	— (loss-making)	−16.67% (below 0%: shrinking)	n/m	−60.43% (below 0%: shrinking)	(132.00%)	(156.53%)	Compare
ARRY Array Technologies, Inc.	$549.8M	— (loss-making)	43.9×	−5.57% (below 0%: shrinking)	−73.68% (below 0%: shrinking)	+205.42% (above 0%: growing)	29.12%	10.16%	Compare
JKS JinkoSolar Holding Company Limited	$420.2M	— (loss-making)	— (loss-making)	−27.48% (below 0%: shrinking)	n/m	+78.73% (above 0%: growing)	4.15%	(11.62%)	Compare
Median of peers	$1.6B	20.3×	42.0×	−4.65%	−12.50%	+59.94%	29.72%	7.08%

All 26 Solar stocks →

Nextpower Inc. (NXT) key facts

Strength: Nextpower Inc.’s revenue for fiscal 2026 (year ended March 2026) was $3.6 billion, up 20.3% from fiscal 2025.
Nextpower Inc. (NXT) is a Solar company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, NXT traded at $80.04, a market capitalization of $12.7 billion.
Return on equity was 29.6% and debt-to-equity 0.00.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 7.41 (safe zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.