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NXTNextpower Inc.

Inventory

The latest quarterly inventory is $262.28 Million with a quarter-over-quarter change of -24.72%. Inventory includes raw materials, work-in-progress, and finished goods held by a company for sale or for use in production.

Inventory

NXT Inventory

$262.28M

Reported quarterly inventory; no daily interpolation.

+210.49% 5Y

Current Inventory

$262.28M

$262.28 Million

Quarter-over-Quarter Change

-24.72%

vs. $348.39M prior quarter

Historical Data

20

Quarters of data available

Quarterly Inventory History

PeriodInventoryQoQ Change% Change
Q4 2026$262.28M$-86.12M-24.72%
Q3 2025$348.39M+$38.44M+12.40%
Q2 2025$309.95M+$34.22M+12.41%
Q1 2025$275.73M+$16.10M+6.20%
Q4 2025$259.63M$-27.37M-9.54%
Q3 2024$287.00M+$33.45M+13.19%
Q2 2024$253.55M+$29.73M+13.28%
Q1 2024$223.82M$-82.61M-26.96%
Q4 2024$306.44M$-2.63M-0.85%
Q3 2023$309.06M+$14.83M+5.04%
Q2 2023$294.24M+$82.68M+39.08%
Q1 2023$211.56M+$44.20M+26.41%
Q4 2023$167.36M$-106.44M-38.88%
Q3 2022$273.80M$-4.53M-1.63%
Q2 2022$278.32M+$52.71M+23.36%
Q1 2022$225.61M+$44.10M+24.30%
Q4 2022$181.51M+$73.19M+67.56%
Q2 2021$108.32M+$13.86M+14.67%
Q1 2021$94.46M+$9.99M+11.83%
Q4 2021$84.47M
Data as of Saturday, June 27, 2026

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