Nextpower Inc.
Financial highlights
| Metric | FY 03/31/26 | FY 03/31/25 | FY 03/31/24 | FY 03/31/23 | FY 03/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.6B | $3.0B | $2.5B | $1.9B | $1.5B |
| Cost of revenue | $2.4B | $2.0B | $1.7B | $1.6B | $1.3B |
| Gross profit | $1.2B | $1.0B | $813.0M | $287.0M | $147.0M |
| Selling, general & administrative | $341.9M | $290.3M | $183.6M | $96.9M | $66.9M |
| Research and development | $120.9M | $79.4M | $42.4M | $21.6M | $14.2M |
| Operating income | $697.3M | $639.1M | $587.1M | $168.5M | $65.9M |
| Pretax income | $713.8M | $648.0M | $608.0M | $169.1M | $65.1M |
| Income tax expense | $127.9M | $130.8M | $111.8M | $47.8M | $14.2M |
| Net income | $585.9M | $509.2M | $306.2M | $1.1M | $0 |
| Balance Sheet | |||||
| Cash and equivalents | $1.1B | $766.1M | $474.1M | $130.0M | $29.1M |
| Current assets | $2.8B | $2.2B | $1.8B | $872.3M | $714.1M |
| Total assets | $4.1B | $3.2B | $2.5B | $1.4B | $1.0B |
| Current liabilities | $1.2B | $1.0B | $891.5M | $507.4M | $473.4M |
| Total liabilities | $1.7B | $1.6B | $1.5B | $934.8M | $516.2M |
| Total debt | — | — | $150.0M | $150.0M | — |
| Stockholders' equity | $2.3B | $1.6B | $992.0M | -$3.1B | $0 |
| Cash Flow Statement | |||||
| Cash from operations | $562.9M | $655.8M | $429.0M | $107.7M | -$147.1M |
| Depreciation and amortization | $30.6M | $13.4M | $4.4M | $4.6M | $11.1M |
| Stock-based compensation | $120.3M | $118.9M | $56.8M | $32.0M | $3.0M |
| Capital expenditure | $49.3M | $33.9M | $6.2M | $3.2M | $5.9M |
| Free cash flow | $513.6M | $621.9M | $422.8M | $104.5M | -$153.0M |
| Share repurchases | $395,000 | $0 | $0 | $693.8M | $0 |
Shares outstanding 148.5M · Free float 87.8%
Annual filing data through FY ended March 31, 2026; float as of July 4, 2026.