Nextpower Inc.

NXT Technology Solar

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%
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

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 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 20.11
Fwd P/E 35.60 (above 35: high)
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% (at or above 15%: strong)
Next Y revenue growth 60.25% (at or above 10%: strong)
Next 5Y EPS Growth 15.18% (at or above 15%: strong)

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

Valuation vs history

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.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
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

Nextpower Inc. vs peers in Solar (Q) = latest quarter vs a year earlier

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.

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stockrow.com/NXT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com