Revenue CAGR:20.28%(TTM)
Based on reported financial statement history.
Over longer horizons, Revenue CAGR averages 23.22% over 3 years and 24.39% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Revenue CAGR measures how the company's top-line revenue has grown over time. Consistent revenue growth is a key indicator of business expansion and market share gains.
NXT Revenue CAGR Chart
Nextpower Inc. (NXT)
NXT Quarterly Revenue Growth (YoY)
Revenue growth vs the same quarter one year earlier, last 20 quarters.
NXT Revenue CAGR History
| Year | Start Revenue | End Revenue | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2026 | $2.96B | $3.56B | +$600.19M | +20.28% | +20.28% |
| 2025 | $2.50B | $2.96B | +$459.36M | +18.38% | +18.38% |
| 2024 | $1.90B | $2.50B | +$597.70M | +31.42% | +31.42% |
| 2023 | $1.46B | $1.90B | +$444.55M | +30.50% | +30.50% |
| 2022 | $1.20B | $1.46B | +$261.98M | +21.91% | +21.91% |
| 2021 | $1.17B | $1.20B | +$24.33M | +2.08% | +2.08% |
| 2020 | $660.74M | $1.17B | +$510.55M | +77.27% | +77.27% |
Quarterly Revenue: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q4 2026 | $880.52M | -3.2% | -4.7% |
| Q3 2025 | $909.35M | +0.5% | +33.9% |
| Q2 2025 | $905.27M | +4.7% | +42.4% |
| Q1 2025 | $864.25M | -6.5% | +20.0% |
| Q4 2025 | $924.34M | +36.1% | +25.5% |
| Q3 2024 | $679.36M | +6.9% | -4.4% |
| Q2 2024 | $635.57M | -11.7% | +10.9% |
| Q1 2024 | $719.92M | -2.3% | +50.1% |
| Q4 2024 | $736.51M | +3.7% | +42.1% |
| Q3 2023 | $710.43M | +23.9% | +38.4% |
| Q2 2023 | $573.36M | +19.6% | +22.7% |
| Q1 2023 | $479.54M | -7.5% | +18.9% |
| Q4 2023 | $518.39M | +1.0% | +17.9% |
| Q3 2022 | $513.37M | +9.9% | +52.1% |
| Q2 2022 | $467.14M | +15.9% | +37.9% |
| Q1 2022 | $403.23M | -8.3% | +18.1% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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.
- Sector
- Technology
- Industry
- Consumer Electronics
- CEO
- Daniel S. Shugar