NXT · XBRL financial data
Nextpower financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (NXT's year ends in late March)
| In millions of dollars | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|---|---|
| Revenue | 1,902 | 2,500 | 2,959 | 3,559 |
| Cost of revenue | 1,615 | 1,687 | 1,950 | 2,399 |
| Gross profit | 287 | 813 | 1,009 | 1,160 |
| Research and development | 22 | 42 | 79 | 121 |
| Selling, general and administrative | 97 | 184 | 290 | 342 |
| Operating income (loss) | 168 | 587 | 639 | 697 |
| Other income (expense) | 2 | 35 | 22 | 19 |
| Income tax expense (benefit) | 48 | 112 | 131 | 128 |
| Net income (loss) | 1 | 306 | 509 | 586 |
| Earnings per share, basic USD per share | 0.02 | 3.97 | 3.55 | 3.96 |
| Earnings per share, diluted USD per share | 0.02 | 3.37 | 3.47 | 3.84 |
| Weighted average shares, basic millions of shares | 46 | 77 | 144 | 148 |
| Weighted average shares, diluted millions of shares | 146 | 147 | 149 | 153 |
Balance sheet
CSVFiscal years (NXT's year ends in late March)
| In millions of dollars | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|---|---|
| Cash and cash equivalents | 130 | 474 | 766 | 1,095 |
| Accounts receivable | 271 | 383 | 472 | 417 |
| Inventory | 138 | 202 | 209 | 262 |
| Total current assets | 872 | 1,768 | 2,158 | 2,847 |
| Property and equipment, net | 7 | 9 | 60 | 78 |
| Right-of-use asset | 3 | 17 | 33 | 51 |
| Goodwill | 265 | 265 | 371 | 489 |
| Total assets | 1,420 | 2,519 | 3,193 | 4,073 |
| Accounts payable | 211 | 457 | 585 | 533 |
| Accrued liabilities | 60 | 82 | 97 | 130 |
| Current portion of long-term debt | — | 4 | 0 | — |
| Total current liabilities | 507 | 891 | 1,034 | 1,164 |
| Long-term debt | 147 | 144 | 0 | — |
| Lease liability, non-current | — | — | — | 41 |
| Total liabilities | 935 | 1,527 | 1,564 | 1,739 |
| Accumulated deficit | (3,076) | (3,067) | (2,557) | (1,972) |
| Total stockholders' equity | (3,076) | 961 | 1,628 | 2,334 |
| Total liabilities and equity | 1,420 | 2,519 | 3,193 | 4,073 |
| Common shares outstanding (cover page) millions of shares | 98 | — | — | 149 |
Cash flows
CSVFiscal years (NXT's year ends in late March)
| In millions of dollars | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|---|---|
| Net income (loss) | 1 | 306 | 509 | 586 |
| Stock-based compensation | 32 | 57 | 119 | 120 |
| Depreciation and amortization | 5 | 4 | 13 | 31 |
| Net cash from operating activities | 108 | 429 | 656 | 563 |
| Purchases of property and equipment | 3 | 6 | 34 | 49 |
| Net cash from investing activities | (3) | (7) | (186) | (187) |
| Proceeds from issuing common stock | 694 | 552 | 0 | 0 |
| Share repurchases | 694 | 552 | 0 | 0 |
| Proceeds from long-term debt | 170 | 0 | 0 | — |
| Repayments of long-term debt | 20 | 0 | 150 | 0 |
| Net cash from financing activities | (4) | (78) | (178) | (47) |
| Net change in cash | 101 | 344 | 292 | 329 |
Compare with peers
SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Nextpower | 1,030 | 1,109 | 158* | 150.6M | 10-QOct 2, 2026 |
| TTM Technologies | 876 | 1,204 | 155* | 105.4M | 10-QSep 28, 2026 |
| Skyworks Solutions | 790 | 935 | 70* | 150.5M | 10-QJul 3, 2026 |
| Astera Labs | 209 | 585 | 179* | 174.8M | 10-QSep 30, 2026 |
| Qorvo | 1,329 | 785 | 139 | 88.2M | 10-QJun 27, 2026 |
| First Solar | 1,576 | 1,231 | (43)* | 107.5M | 10-QSep 30, 2026 |
| Celestica | 3,961 | 5,830 | 390 | 126.1M | 10-QSep 30, 2026 |
| Qnity Electronics | 961 | 1,429 | 241* | 209.2M | 10-QJun 30, 2026 |
| MACOM Technology Solutions Holdings | 90 | 342 | 80* | 76.4M | 10-QJul 3, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.