profit from every $100 of sales.
$0$100
Nextpower
$95.03+1.53% today
+4.9% in 1 year
1-year low $76.481-year high $156.40
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
0%20% a year
You pay $24.73 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Nextpower sold, what it kept, and what it did with the cash.
Sales went from $1.90 billion in 2023 to $3.56 billion in 2026, with $586 million of profit last year.
SalesProfit
Nextpower handed back 0% of the cash it generated last year.
Buybacks $395,000
Free cash flow 2026$514M
Bought back its own shares$395,000
Paid as dividends–
Nextpower vs. similar companies
Nextpower grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Nextpower | 24.7× · Fair price | ||
 Apple | 39.2× · Expensive | ||
 Samsung Electronics | 29.1× · Fair price | ||
 Sony Group | 22.2× · Fair price | ||
 Xiaomi | 15.1× · Fair price |
AI analysis
An AI analyst reads Nextpower's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 1,196 | 1,458 | 1,902 | 2,500 | 2,959 | 3,559 | |
| 232 | 147 | 287 | 813 | 1,009 | 1,160 | |
| 159 | 66 | 168 | 587 | 639 | 697 | |
| 175 | 77 | 176 | 626 | 675 | 747 | |
| 0 | 0 | 119 | 306 | 509 | 586 | |
| – | – | 0.02 | 3.37 | 3.47 | 3.84 | |
| 19.4% | 10.1% | 15.1% | 32.5% | 34.1% | 32.6% | |
| 13.3% | 4.5% | 8.9% | 23.5% | 21.6% | 19.6% | |
| 0.0% | 0.0% | 6.3% | 12.3% | 17.2% | 16.5% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | – | 1,017 | 1,420 | 2,519 | 3,193 | 4,073 |
| Cash | 191 | 29 | 130 | 474 | 766 | 1,095 |
| Total debt | – | 0 | 147 | 148 | 0 | – |
| Total liabilities | – | 516 | 935 | 1,527 | 1,564 | 1,739 |
| 456 | 0 | -3,076 | 961 | 1,628 | 2,334 | |
| – | – | 146 | 147 | 149 | 153 | |
| 27.5% | – | – | 44.3% | 32.1% | 24.2% | |
| 0.0% | – | -3.9% | 31.9% | 31.3% | 25.1% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 94 | -147 | 108 | 429 | 656 | 563 | |
| 2 | 6 | 3 | 6 | 34 | 49 | |
| 92 | -153 | 104 | 423 | 622 | 514 | |
| Dividends paid | – | – | 0 | – | – | – |
| – | 0 | 694 | 552 | 0 | 0 | |
| 4 | 3 | 32 | 57 | 119 | 120 |
Valuation
- 24.7×
- –
- –
- 8.7×
- 4.1×
- 28.2×
- 17.9×
- 3.5%
- 4.0%
- 0.0%
Profitability
- 32.6%
- 19.6%
- 16.5%
- 20.3%
- 19.8%
- 17.8%
- 28.3%
- 14.4%
- 24.1%
- 3.4%
Growth
- +24.4%
- –
- −17.7%
- –
- +34.0%
Financial health
- -1.5×
- 0.00
- 0.0%
- 267.4×
- 2.45
- 2.22
- 0.87
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 13%of 977
Top 18%of 977
Top 44%of 748
Top 19%of 982
Top 37%of 984
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 12, 2026 | 1.05 | 0.89 | +18.0% |
| Jan 27, 2026 | 1.10 | 0.93 | +18.3% |
| Oct 23, 2025 | 1.19 | 1.06 | +12.3% |
| Jul 29, 2025 | 1.16 | 1.03 | +12.6% |
| May 14, 2025 | 1.29 | 0.96 | +34.0% |
| Jan 28, 2025 | 1.03 | 0.59 | +74.6% |
| Oct 30, 2024 | 0.97 | 0.61 | +59.0% |
| Aug 1, 2024 | 0.93 | 0.65 | +43.1% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
64Pass
Benjamin Graham
59No pass
Philip Fisher
64Pass
Peter Lynch
99Pass
Joel Greenblatt
41No pass
Charlie Munger
65Pass
Terry Smith
61Pass
Questions about Nextpower
Is Nextpower a good stock to buy?
A solid business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Nextpower AI analysis
What does Nextpower do?
Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. It is in Consumer Electronics, based in Fremont, CA, United States, with 1,993 employees.
Does Nextpower pay a dividend?
No. Nextpower does not pay a dividend at the moment; in 2026 it returned $395,000 to shareholders by buying back its own shares.
Is Nextpower stock halal?
Yes. Nextpower passes our halal screen: its business is permitted and its debt is 0% of its market value, under the 30% limit. How we check
How has Nextpower stock done over the past year?
Up 4.9% over the past twelve months, to $95.03. It traded between $76.48 and $156.40 and is 39.2% below its high.
Who are Nextpower's competitors?
The largest listed companies in the same industry are Apple, Samsung Electronics, Sony Group and Xiaomi. The peers table on this page compares their profit, growth and price with Nextpower's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.