Nextpower Inc. (NXT)NXTNextpower Inc.

Balance Sheet

Assets, liabilities, and equity analysis

Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/26/2025	06/27/2025	03/31/2025	12/31/2024	09/27/2024	06/28/2024
Total Current Assets	2.847B	2.847B	2.560B	2.439B	2.233B	2.158B	1.995B	1.785B	1.697B
Cash & Cash Equivalents	1.095B	1.095B	952.624M	845.342M	743.402M	766.103M	693.543M	561.884M	471.879M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	1.095B	1.095B	952.624M	845.342M	743.402M	766.103M	693.543M	561.884M	471.879M
Accounts Receivable	417.043M	417.043M	1.197B	1.219B	1.160B	1.094B	736.945M	717.599M	931.776M
Inventory	262.276M	262.276M	348.392M	309.955M	275.733M	259.632M	287.001M	253.551M	223.823M
Total Assets	4.073B	4.073B	3.800B	3.669B	3.390B	3.193B	2.984B	2.769B	2.627B
Property, Plant & Equipment	78.356M	78.356M	84.752M	84.928M	72.422M	93.190M	47.985M	47.158M	35.261M
Goodwill	488.950M	488.950M	485.300M	473.667M	444.923M	371.018M	370.613M	370.613M	328.381M
Intangible Assets	78.046M	78.046M	80.577M	81.716M	68.949M	53.241M	47.503M	49.283M	46.458M
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	1.164B	1.164B	1.085B	1.120B	1.032B	1.034B	904.645M	806.278M	802.957M
Accounts Payable	533.490M	533.490M	560.075M	553.608M	581.454M	585.299M	377.466M	406.546M	387.401M
Short-Term Debt	0.00	0.00	0.00	0.00	0.00	8.500M	6.563M	5.625M	4.688M
Total Liabilities	1.739B	1.739B	1.649B	1.683B	1.583B	1.564B	1.559B	1.486B	1.490B
Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	138.770M	140.503M	142.235M
Total Debt	0.00	0.00	44.800M	45.700M	26.600M	34.114M	145.333M	146.128M	146.923M
Net Debt (Cash)	-1.095B	-1.095B	-907.824M	-799.642M	-716.802M	-731.989M	-548.210M	-415.756M	-324.956M
Total Shareholders' Equity	2.334B	2.334B	2.151B	1.986B	1.807B	1.628B	1.407B	1.266B	1.121B
Common Stock	15K	15K	15K	15K	15K	15K	14K	14K	14K
Retained Earnings	-1.972B	-1.972B	-2.122B	-2.253B	-2.400B	-2.557B	-2.714B	-2.829B	-2.945B
Current Ratio	2.45	2.45	2.36	2.18	2.16	2.09	2.20	2.21	2.11
Debt to Equity Ratio	0.00	0.00	0.02	0.02	0.01	0.02	0.10	0.12	0.13

Annual Balance Sheet (USD)

Annual Report	03/31/2026	03/31/2025	03/31/2024	03/31/2023	03/31/2022	03/31/2021	03/31/2020	03/31/2019
Total Current Assets	2.847B	2.158B	1.768B	872.265M	708.762M	583.253M	302.802M	232.832M
Cash & Cash Equivalents	1.095B	766.103M	474.054M	130.008M	29.070M	190.589M	2.950M	14.371M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	1.095B	766.103M	474.054M	130.008M	29.070M	190.589M	2.950M	14.371M
Accounts Receivable	417.043M	1.094B	905.210M	569.119M	460.710M	268.210M	222.816M	187.837M
Inventory	262.276M	259.632M	306.436M	167.357M	181.508M	111.872M	73.185M	27.549M
Total Assets	4.073B	3.193B	2.519B	1.420B	1.017B	880.969M	619.160M	557.439M
Property, Plant & Equipment	78.356M	93.190M	26.626M	10.592M	11.782M	5.032M	3.937M	5.347M
Goodwill	488.950M	371.018M	265.153M	265.153M	265.153M	265.153M	265.153M	265.153M
Intangible Assets	78.046M	53.241M	1.546M	1.321M	2.528M	10.993M	25.506M	40.391M
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	1.164B	1.034B	891.486M	507.426M	473.371M	391.351M	362.859M	179.491M
Accounts Payable	533.490M	585.299M	456.639M	223.594M	305.910M	231.460M	175.474M	105.501M
Short-Term Debt	0.00	8.500M	7.600M	1.900M	1.800M	1.500M	1.400M	0.00
Total Liabilities	1.739B	1.564B	1.527B	934.819M	516.156M	424.922M	388.096M	198.102M
Long-Term Debt	0.00	0.00	143.967M	147.147M	0.00	0.00	0.00	0.00
Total Debt	0.00	34.114M	169.024M	150.547M	4.500M	4.500M	5.400M	0.00
Net Debt (Cash)	-1.095B	-731.989M	-305.030M	20.539M	-24.570M	-186.089M	2.450M	-14.371M
Total Shareholders' Equity	2.334B	1.628B	961.013M	-3.076B	501.133M	456.047M	231.064M	359.337M
Common Stock	15K	15K	14K	15K	0.00	0.00	0.00	0.00
Retained Earnings	-1.972B	-2.557B	-3.067B	-3.076B	-3.035M	456.047M	231.064M	359.337M
Current Ratio	2.45	2.09	1.98	1.72	1.50	1.49	0.83	1.30
Debt to Equity Ratio	0.00	0.02	0.18	-0.05	0.01	0.01	0.02	0.00

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Nextpower Inc.

Nextpower Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. It also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor, a solar tracker foundation system to facilitate solar project development in challenging soil conditions; NX Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company serves engineering, procurement, and construction firms, as well as solar project developers and owners. Nextpower Inc. was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.

Fremont, CA

1,300 employees

www.nextpower.com

Technology / Consumer Electronics

Sector: Technology
Industry: Consumer Electronics
CEO: Daniel S. Shugar

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