Loading…
Nextpower Inc.
$12.8B
Market Cap
31.4
P/E
1.86
PEG
54.5%
ROCE
29.6%
ROE
0.00
D/E
19.6%
OPM
-45.8%
% from 52W High
44
α RS
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for NXT including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding NXT
View All Superinvestors →
Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 20.8K $2.5M 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →
📊 MIXED Nextpower Q4 2026: $3.56B revenue, 20% growth, $5.25B backlog, power conversion entry
Revenue & Profitability
Fiscal year 2026 revenue was approximately $3.56 billion, a 20% increase year-over-year. Q4 FY2026 revenue was $881 million, down 3% sequentially, but above expectations. Adjusted EBITDA for FY2026 was $854 million; Q4 adjusted EBITDA was $202 million (23% margin). Adjusted free cash flow was $514 million for the year and $154 million in Q4. The company ended the quarter with $1.1 billion in cash and cash equivalents and no debt, achieving investment-grade credit rating during the year. Net income and operating income were not explicitly disclosed but management noted strong profitability.
Outlook
Management sees strong industry demand driven by global electricity demand growth of 3.6% per year to 2030 (IEA), with solar expected to account for over 60% of new generation capacity (Rystad Energy). Data centers, electrification, and industrial growth are key tailwinds. The Middle East conflict has increased LNG prices 30-50% for Europe and Asia, creating a structural tailwind for solar economics. However, freight and logistics costs are modestly impacted by disruptions in the Middle East.
Growth Drivers
Key growth levers include: (1) core tracker business with record backlog; (2) non-tracker revenue expected to grow over 40% in FY2027, reaching about 15% of total revenue; (3) power conversion entry via acquisition, providing a gateway to solar, storage, and data center applications; (4) international growth, particularly in Europe which had a record bookings year; and (5) bundled product deployments combining trackers, foundations, eBOS, and software.
Balance Sheet & CapEx
For FY2027, capital expenditures are expected to be in the range of $75 million to $100 million, targeted at growth and scale initiatives for foundations, frames, power conversion, and an ERP transformation. The company plans to invest approximately $130 million to accelerate power conversion, including $50 million of incremental COGS and OpEx and up to $80 million in an asset purchase agreement. The acquired power conversion product lines have a current supply capacity of 1 GW per year that can ramp to 3 GW, with a planned U.S. manufacturing footprint.
Margins
Gross margins are expected to remain in the low 30% range for FY2027, with elevated freight and logistics costs from Middle East disruptions partially offset by tariff recovery and TrueCapture revenue. Adjusted EBITDA margin target is low 20% range. Operating expenses in the near term are expected to be 10.5%-11.5% of revenue due to platform investments, with a long-term target of 8%-9%. Non-tracker businesses initially have lower margins but scale to full margin profiles over time.
Key Risks
Risks mentioned include fluid policy dynamics in any one region, elevated freight and logistics costs due to Middle East disruptions, and the impact of tariffs which are managed through customer partnerships. Project timing delays are considered normal and manageable on a portfolio basis, with no extraordinary acceleration or delays reported. Near-term profitability may be modestly impacted by investments in power conversion and platform expansion. Geopolitical tensions in the Middle East and associated LNG price increases create both tailwinds and cost risks.
Generated by AI · Q4 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q1 2027 Q1 2027 2026-07-30
Record Q1 revenue and EBITDA were driven by strong bookings, backlog growth, and expanding non-tracker product contributions. Guidance for fiscal 2027 was raised, reflecting robust demand, recent acquisitions, and continued margin strength, with a strong balance sheet and capital allocation discipline.
Q4 2026 Q4 2026 2026-05-12
Delivered 20% revenue growth and record backlog in FY 2026, with strong U.S. and international demand. Raised FY 2027 guidance, expanded platform with power conversion acquisition, and maintained robust cash flow and balance sheet.
Q3 2026 Q3 2026 2026-01-27
Delivered 34% year-over-year revenue growth and record backlog, driven by strong U.S. and international demand, new technology adoption, and a major Middle East JV. Raised fiscal 2026 guidance and announced a $500 million share repurchase program.
Q2 2026 Q2 2026 2025-10-23
Q2 revenue grew 42% year-over-year to $905 million, with adjusted EBITDA up 29% to $224 million and a record $5 billion backlog. Raised FY26 guidance, expanded product offerings, and announced a major JV in MENA, while maintaining strong margins and cash flow.
Q1 2026 Q1 2026 2025-07-29
Q1 FY26 saw 20% revenue growth and record backlog, driven by strong global demand and new robotics/AI acquisitions. Guidance for FY26 was raised, with most U.S. backlog Safe Harbored and robust cash flow expected.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.