NXT - NASDAQ

Nextpower Inc.

NXT·NASDAQ

$146.47

+1.0%

TechnologyConsumer Electronics

Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$22.01B

EPS3.5500

P/E Ratio41.26

Earnings Date08/04/2026

655.79M

Operating Cash Flow

53%

3Y-546.0%

5Y+172.0%

10Y-4813.0%

-186.10M

Investing Cash Flow

2694%

3Y+3136.0%

5Y+11144.0%

10Y+4408.0%

-177.65M

Financing Cash Flow

127%

3Y+1952.0%

5Y-29.0%

10Y-1628.0%

Nextpower Inc. Cash Conversion Engine

NXT · NASDAQ

FCF Components

Net Income517.25M

Depreciation & Amortization13.41M

Stock-Based Compensation118.88M

Change in Working Capital-1.02M

Others16.02M

Capital Expenditures-33.92M

Free Cash Flow621.87M

Cash Flow Quality Analysis

FCF Conversion Rate

120.2%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

5.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+47.3%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$1.02M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Nextpower Inc. Cash Flow Statement

NXT • NASDAQ

Nextpower Inc. Cash Flow Statement	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
OPERATING ACTIVITIES
Net Income	517.2M	306.2M	121.3M	50.9M	124.3M	118.3M	-1.6M
Depreciation & Amortization	13.4M	4.4M	4.6M	11.1M	16.8M	17.9M	18.5M
Change in Deferred Taxes	-8.7M	-38M	26M	-5.3M	-2.9M	-5.8M	-8.3M
Stock-Based Compensation	118.9M	56.8M	32M	3M	4.3M	4.2M	7.9M
Other Non-Cash Items	16M	192.3M	3M	184K	3.9M	3.4M	97.1M
Change in Working Capital	-1M	-92.8M	-79.3M	-207.1M	-52.2M	103M	-35.7M
Cash from Operating Activities	655.8M	429M	107.7M	-147.1M	94.3M	241M	-13.9M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-33.9M	-6.2M	-3.2M	-5.9M	-3M	-1.7M	-4.5M
Acquisitions, Net	-152.2M	(0.0)	(24K)	(167K)	(0.0)	(0.0)	(396K)
Other Investing Items	0.0	-500K	0.0	0.0	0.0	0.0	-1.6M
Cash from Investing Activities	-186.1M	-6.7M	-3.2M	-5.8M	-3M	-1.7M	-4.1M
FINANCING ACTIVITIES
Net Issuance of Common Stock	0.0	-552M	76K	0.0	0.0	0.0	0.0
Net Issuance of Debt	-150M	0.0	150M	0.0	0.0	0.0	0.0
Cash Paid for Dividends	(0.0)	(0.0)	(0.0)	(0.0)	-331.4M	(0.0)	(0.0)
Share Repurchases	(0.0)	-552M	-693.8M	(0.0)	(0.0)	(0.0)	(0.0)
Other Financing Items	-27.6M	473.7M	-153.6M	-8.7M	427.7M	-250.8M	11.6M
Cash from Financing Activities	-177.6M	-78.3M	-3.6M	-8.7M	96.3M	-250.8M	11.6M
CASH FLOW SUMMARY
Effect of Foreign Exchange Rates	0.0	0.0	0.0	0.0	0.0	0.0	20.8M
Net Change in Cash	292M	344M	100.9M	-161.5M	187.6M	-11.4M	14.4M
Cash at Beginning of Period	474.1M	130M	29.1M	190.6M	3M	14.4M	0.0
Cash at End of Period	766.1M	474.1M	130M	29.1M	190.6M	3M	14.4M
Free Cash Flow	621.9M	422.3M	104.5M	-153M	91.3M	239.3M	-18.4M

SEC Filings

NXT - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 28, 2026	May 28, 2026	2026	View Filing
10-K 10-K 2026 FY FY	May 19, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 12, 2026	May 10, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 29, 2026	April 23, 2026	2026	View Filing
10-Q 10-Q 2025 Q4 Q4	January 30, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 27, 2026	January 27, 2026	2026	View Filing
8-K 8-K 2025 N/A	November 12, 2025	November 12, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	October 30, 2025	September 26, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 23, 2025	October 23, 2025	2025	View Filing
8-K 8-K 2025 N/A	September 08, 2025	September 08, 2025	2025	View Filing

Showing 1 to 10 of 59 filings

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