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Nextpower share price today

Nextpower Inc. · NXT · Technology · Solar · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Nextpower share price: $106.70 at the close on 4 November 2026, +2.0% in a year.

MixedBusiness trend from fewer quarters than usual
$106.70Price +2.0% in a year
26.9×P/E higher than 78% of the last 2.8 years
$935 MRevenue (Jul 2026) +8.2% on a year ago
$165 MProfit (Jul 2026) +5.2% on a year ago
20.9%Operating margin −0.8 points on a year ago
25%ROE FY26
38.2%ROIC against a 14.8% cost of capital: +23.4 points

Nextpower Inc.'s earnings have grown faster than its share price. Earnings per share grew +10.8% in a year while the price moved +2.0%.

Biggest thing to watch: the P/E is higher than 78% of its own history, so the multiple has already done part of the work.

The price has been moving sideways for 17 weeks, and the P/E is higher than 78% of its own last 2.8 years. Over the last four quarters, results have been improving, with profit +5.2% on a year earlier, and 118% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.

What is the Nextpower share price today?

Nextpower Inc.'s share price was $106.70 at the close on 4 November 2026. It has been moving sideways for 17 weeks. That is 0.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between $79 and $156, and at that close it sat 36% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Nextpower Inc. is in stage 1. The phase helps read everything below.

Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row.

1Y

Nov 2026: $106.70, 0.2% below its 200-day average. The price has been moving sideways for 17 weeks.

  • Price $106.70
  • 50-day avg $83.18
  • 200-day avg $106.89
Nov 2026: $106.70, 0.2% below its 200-day average. The price has been moving sideways for 17 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$101.22$78.05$57.78
7 Nov 2025$104.63$81.72$59.33
14 Nov 2025$93.75$84.76$60.69
21 Nov 2025$87.13$86.90$61.68
28 Nov 2025$91.62$88.61$62.57
5 Dec 2025$90.58$90.22$63.58
12 Dec 2025$86.75$91.62$64.66
19 Dec 2025$88.70$92.45$65.78
26 Dec 2025$91.24$92.77$66.74
2 Jan 2026$92.78$92.85$67.63
9 Jan 2026$91.17$92.42$68.76
16 Jan 2026$96.36$92.12$70.13
23 Jan 2026$105.00$91.64$71.36
30 Jan 2026$117.09$93.60$73.25
6 Feb 2026$121.37$96.56$75.18
13 Feb 2026$116.44$99.44$77.07
20 Feb 2026$119.34$101.93$78.66
27 Feb 2026$105.10$104.34$80.35
6 Mar 2026$101.43$105.77$81.47
13 Mar 2026$119.64$108.24$82.92
20 Mar 2026$114.39$111.01$84.46
27 Mar 2026$120.03$113.76$86.06
2 Apr 2026$113.08$115.26$87.19
10 Apr 2026$117.97$115.70$88.56
17 Apr 2026$111.39$114.99$89.91
24 Apr 2026$121.41$114.61$91.18
1 May 2026$119.93$114.58$92.60
8 May 2026$125.91$115.24$94.12
15 May 2026$144.29$118.39$95.91
22 May 2026$130.50$120.05$97.70
29 May 2026$156.40$121.76$99.40
5 Jun 2026$131.57$124.16$101.51
12 Jun 2026$121.88$124.27$102.82
18 Jun 2026$125.90$125.35$103.98
26 Jun 2026$106.95$125.71$105.21
2 Jul 2026$112.84$126.23$106.16
10 Jul 2026$111.50$125.37$107.19
17 Jul 2026$103.10$123.96$107.98
24 Jul 2026$100.03$121.78$108.64
31 Jul 2026$89.87$117.65$108.98
7 Aug 2026$103.26$114.59$109.22
14 Aug 2026$101.47$110.19$109.48
21 Aug 2026$86.18$106.54$109.26
28 Aug 2026$85.44$102.85$108.76
4 Sep 2026$84.50$99.06$108.47
11 Sep 2026$82.89$96.64$108.37
18 Sep 2026$80.47$93.54$108.16
25 Sep 2026$80.85$91.07$107.98
2 Oct 2026$84.30$88.71$107.75
9 Oct 2026$86.11$87.50$107.68
16 Oct 2026$80.04$86.35$107.53
23 Oct 2026$78.89$83.90$107.26
30 Oct 2026$79.33$82.41$106.88
4 Nov 2026$106.70$83.18$106.89
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $106.70, 0.2% below its 200-day average. The price has been moving sideways for 17 weeks.

  • Price $106.70
  • 50-day avg $83.18
  • 200-day avg $106.89
Nov 2026: $106.70, 0.2% below its 200-day average. The price has been moving sideways for 17 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023$37.19$38.64–
10 Nov 2023$34.49$38.09–
17 Nov 2023$38.71$37.54–
24 Nov 2023$38.70$37.27–
1 Dec 2023$42.61$37.11$37.09
8 Dec 2023$39.92$37.13$37.33
15 Dec 2023$47.87$37.86$37.66
22 Dec 2023$49.25$39.03$38.02
29 Dec 2023$46.85$40.09$38.35
5 Jan 2024$41.99$40.81$38.65
12 Jan 2024$42.12$41.45$38.90
19 Jan 2024$43.53$41.95$39.06
26 Jan 2024$43.54$42.88$39.33
2 Feb 2024$57.99$44.01$39.72
9 Feb 2024$58.07$45.75$40.28
16 Feb 2024$60.31$47.55$40.99
23 Feb 2024$57.94$48.99$41.53
1 Mar 2024$57.40$50.29$42.09
8 Mar 2024$59.57$51.36$42.57
15 Mar 2024$59.49$52.61$43.09
22 Mar 2024$58.47$54.24$43.55
28 Mar 2024$56.27$55.51$43.89
5 Apr 2024$50.05$56.29$44.16
12 Apr 2024$47.20$56.81$44.43
19 Apr 2024$44.00$55.61$44.58
26 Apr 2024$43.76$54.15$44.72
3 May 2024$46.10$52.64$44.85
10 May 2024$42.25$51.23$44.98
17 May 2024$44.20$49.85$45.00
24 May 2024$56.77$48.92$45.25
31 May 2024$55.17$48.71$45.54
7 Jun 2024$55.65$48.42$45.99
14 Jun 2024$59.25$49.02$46.48
21 Jun 2024$54.79$49.53$46.76
28 Jun 2024$46.88$49.80$46.90
5 Jul 2024$46.20$49.96$46.98
12 Jul 2024$51.76$50.57$47.19
19 Jul 2024$47.86$50.82$47.38
26 Jul 2024$47.28$51.22$47.69
2 Aug 2024$41.98$51.34$47.95
9 Aug 2024$39.78$49.87$48.08
16 Aug 2024$38.94$48.23$48.15
23 Aug 2024$42.11$46.49$48.26
30 Aug 2024$40.67$44.74$48.41
6 Sep 2024$34.60$43.59$48.36
13 Sep 2024$37.67$42.41$48.27
20 Sep 2024$36.66$41.25$48.16
27 Sep 2024$38.90$40.14$48.08
4 Oct 2024$36.59$39.12$47.87
11 Oct 2024$35.64$37.90$47.56
18 Oct 2024$33.52$37.29$47.23
25 Oct 2024$31.46$36.57$46.98
1 Nov 2024$39.61$36.13$46.82
8 Nov 2024$40.14$36.19$46.75
15 Nov 2024$36.80$36.30$46.53
22 Nov 2024$38.85$36.53$46.05
29 Nov 2024$38.16$36.72$45.66
6 Dec 2024$36.29$36.83$45.14
13 Dec 2024$35.47$36.75$44.59
20 Dec 2024$35.15$36.71$44.02
27 Dec 2024$37.23$36.86$43.55
3 Jan 2025$39.63$37.28$43.14
10 Jan 2025$41.10$38.11$42.82
17 Jan 2025$44.19$38.70$42.50
24 Jan 2025$41.00$38.69$42.31
31 Jan 2025$50.42$39.45$42.25
7 Feb 2025$46.12$40.47$42.34
14 Feb 2025$47.30$41.12$42.39
21 Feb 2025$46.12$41.95$42.47
28 Feb 2025$44.02$42.89$42.51
7 Mar 2025$41.56$43.63$42.46
14 Mar 2025$44.31$44.35$42.30
21 Mar 2025$44.27$44.84$42.04
28 Mar 2025$43.15$45.05$41.74
4 Apr 2025$39.02$44.91$41.30
11 Apr 2025$39.23$44.33$40.90
17 Apr 2025$40.30$43.64$40.76
25 Apr 2025$43.65$43.16$40.61
2 May 2025$42.20$42.61$40.43
9 May 2025$46.54$42.35$40.34
16 May 2025$59.31$43.67$40.57
23 May 2025$56.05$45.07$40.92
30 May 2025$56.69$45.94$41.24
6 Jun 2025$58.92$47.21$41.70
13 Jun 2025$60.71$48.88$42.17
20 Jun 2025$57.62$50.54$42.55
27 Jun 2025$58.32$52.34$43.09
3 Jul 2025$66.31$53.94$43.57
11 Jul 2025$61.70$56.06$44.25
18 Jul 2025$60.53$58.00$44.84
25 Jul 2025$64.53$59.50$45.49
1 Aug 2025$56.57$59.71$46.13
8 Aug 2025$56.21$59.66$46.67
15 Aug 2025$60.58$59.58$47.27
22 Aug 2025$68.77$60.35$48.05
29 Aug 2025$67.26$61.14$48.70
5 Sep 2025$70.12$62.02$49.29
12 Sep 2025$66.70$62.94$50.04
19 Sep 2025$71.35$63.37$50.79
26 Sep 2025$73.07$64.50$51.65
3 Oct 2025$77.13$65.93$52.65
10 Oct 2025$82.80$67.71$53.78
17 Oct 2025$87.06$70.96$55.06
24 Oct 2025$98.28$74.58$56.34
31 Oct 2025$101.22$78.05$57.78
7 Nov 2025$104.63$81.72$59.33
14 Nov 2025$93.75$84.76$60.69
21 Nov 2025$87.13$86.90$61.68
28 Nov 2025$91.62$88.61$62.57
5 Dec 2025$90.58$90.22$63.58
12 Dec 2025$86.75$91.62$64.66
19 Dec 2025$88.70$92.45$65.78
26 Dec 2025$91.24$92.77$66.74
2 Jan 2026$92.78$92.85$67.63
9 Jan 2026$91.17$92.42$68.76
16 Jan 2026$96.36$92.12$70.13
23 Jan 2026$105.00$91.64$71.36
30 Jan 2026$117.09$93.60$73.25
6 Feb 2026$121.37$96.56$75.18
13 Feb 2026$116.44$99.44$77.07
20 Feb 2026$119.34$101.93$78.66
27 Feb 2026$105.10$104.34$80.35
6 Mar 2026$101.43$105.77$81.47
13 Mar 2026$119.64$108.24$82.92
20 Mar 2026$114.39$111.01$84.46
27 Mar 2026$120.03$113.76$86.06
2 Apr 2026$113.08$115.26$87.19
10 Apr 2026$117.97$115.70$88.56
17 Apr 2026$111.39$114.99$89.91
24 Apr 2026$121.41$114.61$91.18
1 May 2026$119.93$114.58$92.60
8 May 2026$125.91$115.24$94.12
15 May 2026$144.29$118.39$95.91
22 May 2026$130.50$120.05$97.70
29 May 2026$156.40$121.76$99.40
5 Jun 2026$131.57$124.16$101.51
12 Jun 2026$121.88$124.27$102.82
18 Jun 2026$125.90$125.35$103.98
26 Jun 2026$106.95$125.71$105.21
2 Jul 2026$112.84$126.23$106.16
10 Jul 2026$111.50$125.37$107.19
17 Jul 2026$103.10$123.96$107.98
24 Jul 2026$100.03$121.78$108.64
31 Jul 2026$89.87$117.65$108.98
7 Aug 2026$103.26$114.59$109.22
14 Aug 2026$101.47$110.19$109.48
21 Aug 2026$86.18$106.54$109.26
28 Aug 2026$85.44$102.85$108.76
4 Sep 2026$84.50$99.06$108.47
11 Sep 2026$82.89$96.64$108.37
18 Sep 2026$80.47$93.54$108.16
25 Sep 2026$80.85$91.07$107.98
2 Oct 2026$84.30$88.71$107.75
9 Oct 2026$86.11$87.50$107.68
16 Oct 2026$80.04$86.35$107.53
23 Oct 2026$78.89$83.90$107.26
30 Oct 2026$79.33$82.41$106.88
4 Nov 2026$106.70$83.18$106.89
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

Price stage: Rising from Oct 2025 to Jul 2026; Sideways from Jul 2026 to Nov 2026.

Price stage: Rising from Jun 2024 to Jul 2024; Sideways from Jul 2024 to Dec 2024; Falling from Dec 2024 to Jan 2025; Sideways from Jan 2025 to Mar 2025; Falling in Apr 2025; Sideways from Apr 2025 to Jul 2025; Rising from Jul 2025 to Jul 2026; Sideways from Jul 2026 to Nov 2026.

Week by week since 2023: did it beat the S&P 500 over the past 13 weeks?

Ahead in 108 of 183 weeks

Week by week since 2023: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
10 Feb 2023no S&P 500 reading
17 Feb 2023no S&P 500 reading
24 Feb 2023no S&P 500 reading
3 Mar 2023no S&P 500 reading
10 Mar 2023no S&P 500 reading
17 Mar 2023no S&P 500 reading
24 Mar 2023no S&P 500 reading
31 Mar 2023no S&P 500 reading
6 Apr 2023no S&P 500 reading
14 Apr 2023no S&P 500 reading
21 Apr 2023no S&P 500 reading
28 Apr 2023no S&P 500 reading
5 May 2023no S&P 500 reading
12 May 2023+26.2%
19 May 2023+21.0%
26 May 2023+23.6%
2 Jun 2023+16.4%
9 Jun 2023+17.8%
16 Jun 2023+29.8%
23 Jun 2023+14.3%
30 Jun 2023+1.5%
7 Jul 2023+9.2%
14 Jul 2023−0.5%
21 Jul 2023+3.4%
28 Jul 2023+25.8%
4 Aug 2023+24.0%
11 Aug 2023−3.1%
18 Aug 2023−8.8%
25 Aug 2023−3.5%
1 Sep 2023+0.4%
8 Sep 2023+2.1%
15 Sep 2023+2.6%
22 Sep 2023+6.3%
29 Sep 2023+4.4%
6 Oct 2023−8.7%
13 Oct 2023−3.1%
20 Oct 2023−6.0%
27 Oct 2023−8.8%
3 Nov 2023−6.3%
10 Nov 2023−15.6%
17 Nov 2023+0.2%
24 Nov 2023−5.8%
1 Dec 2023−3.0%
8 Dec 2023−9.6%
15 Dec 2023+5.8%
22 Dec 2023+10.6%
29 Dec 2023+5.5%
5 Jan 2024+14.6%
12 Jan 2024+9.5%
19 Jan 2024+13.2%
26 Jan 2024+7.0%
2 Feb 2024+42.2%
9 Feb 2024+54.6%
16 Feb 2024+45.0%
23 Feb 2024+38.2%
1 Mar 2024+23.0%
8 Mar 2024+38.0%
15 Mar 2024+15.6%
22 Mar 2024+8.7%
28 Mar 2024+10.1%
5 Apr 2024+8.4%
12 Apr 2024+4.9%
19 Apr 2024−1.6%
26 Apr 2024−3.8%
3 May 2024−23.9%
10 May 2024−31.2%
17 May 2024−32.7%
24 May 2024−6.3%
31 May 2024−6.7%
7 Jun 2024−10.9%
14 Jun 2024−6.9%
21 Jun 2024−10.8%
28 Jun 2024−20.7%
5 Jul 2024−14.7%
12 Jul 2024+0.0%
19 Jul 2024−2.1%
26 Jul 2024+0.9%
2 Aug 2024−13.2%
9 Aug 2024−8.2%
16 Aug 2024−16.6%
23 Aug 2024−32.0%
30 Aug 2024−33.2%
6 Sep 2024−39.0%
13 Sep 2024−40.0%
20 Sep 2024−37.4%
27 Sep 2024−22.0%
4 Oct 2024−24.1%
11 Oct 2024−34.6%
18 Oct 2024−36.4%
25 Oct 2024−39.8%
1 Nov 2024−12.8%
8 Nov 2024−11.3%
15 Nov 2024−11.2%
22 Nov 2024−13.7%
29 Nov 2024−13.1%
6 Dec 2024−7.6%
13 Dec 2024−13.3%
20 Dec 2024−8.1%
27 Dec 2024−8.4%
3 Jan 2025+5.0%
10 Jan 2025+15.2%
17 Jan 2025+29.6%
24 Jan 2025+25.3%
31 Jan 2025+21.9%
7 Feb 2025+14.5%
14 Feb 2025+24.4%
21 Feb 2025+18.0%
28 Feb 2025+16.7%
7 Mar 2025+19.8%
14 Mar 2025+31.8%
21 Mar 2025+30.5%
28 Mar 2025+22.5%
4 Apr 2025+13.1%
11 Apr 2025+3.5%
17 Apr 2025+3.1%
25 Apr 2025+15.9%
2 May 2025−10.5%
9 May 2025+7.0%
16 May 2025+27.9%
23 May 2025+25.0%
30 May 2025+29.6%
6 Jun 2025+37.7%
13 Jun 2025+30.9%
20 Jun 2025+24.8%
27 Jun 2025+24.5%
3 Jul 2025+46.2%
11 Jul 2025+40.5%
18 Jul 2025+31.0%
25 Jul 2025+32.1%
1 Aug 2025+24.4%
8 Aug 2025+7.9%
15 Aug 2025−6.1%
22 Aug 2025+11.3%
29 Aug 2025+9.2%
5 Sep 2025+11.0%
12 Sep 2025−0.3%
19 Sep 2025+12.1%
26 Sep 2025+17.7%
3 Oct 2025+9.3%
10 Oct 2025+29.5%
17 Oct 2025+38.0%
24 Oct 2025+46.0%
31 Oct 2025+69.2%
7 Nov 2025+80.8%
14 Nov 2025+50.3%
21 Nov 2025+24.6%
28 Nov 2025+30.3%
5 Dec 2025+23.2%
12 Dec 2025+26.4%
19 Dec 2025+21.8%
26 Dec 2025+20.6%
2 Jan 2026+18.2%
9 Jan 2026+3.8%
16 Jan 2026+6.6%
23 Jan 2026+5.1%
30 Jan 2026+14.2%
6 Feb 2026+13.1%
13 Feb 2026+22.7%
20 Feb 2026+32.4%
27 Feb 2026+14.3%
6 Mar 2026+13.9%
13 Mar 2026+40.8%
20 Mar 2026+33.7%
27 Mar 2026+39.7%
2 Apr 2026+25.9%
10 Apr 2026+31.5%
17 Apr 2026+12.9%
24 Apr 2026+12.0%
1 May 2026−1.7%
8 May 2026−3.1%
15 May 2026+15.5%
22 May 2026+1.2%
29 May 2026+38.5%
5 Jun 2026+20.0%
12 Jun 2026−10.1%
18 Jun 2026−5.1%
26 Jun 2026−25.9%
2 Jul 2026−13.8%
10 Jul 2026−16.6%
17 Jul 2026−12.1%
24 Jul 2026−21.1%
31 Jul 2026−28.7%
7 Aug 2026−22.8%
14 Aug 2026−34.7%
21 Aug 2026−36.7%
28 Aug 2026−47.1%
4 Sep 2026−40.2%
11 Sep 2026−35.0%
18 Sep 2026−38.1%
25 Sep 2026−30.2%
2 Oct 2026−28.6%
9 Oct 2026−25.9%
16 Oct 2026−25.1%
23 Oct 2026−24.0%
30 Oct 2026−12.9%
4 Nov 2026+4.2%
Each bar is one week, from 2023 to now (183 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 3.7 years the share price moved +244% while the S&P 500 moved +88%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Nextpower pay?

Nextpower Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Nextpower on?

Nextpower is on one of our US lists: US tech stocks.

Is Nextpower profitable?

Nextpower Inc. earned $165 M of net profit in the Jul 2026 quarter, +5.2% on the same quarter a year earlier. Full-year FY26 profit was $586 M. Over 4 years profit has grown 84.2% a year on average. That is 17.7% of the quarter's revenue. The same quarter a year earlier earned $157 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was $586 M (+15.1% on the year before).

FY26 profit $586 M (+15.1% on the year before), 84.2% a year over 4 years

  • Net profit $586 M
FY26 profit $586 M (+15.1% on the year before), 84.2% a year over 4 years
QuarterNet profit
FY22$50.9 M
FY23$1.1 M
FY24$306 M
FY25$509 M
FY26$586 M

Growth on a year earlier

  • Growth on a year earlier 15.1%
Growth on a year earlier
QuarterGrowth on a year earlier
FY22–
FY23−97.8%
FY24–
FY2566.3%
FY2615.1%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jul 2026: $165 M (+5.2% on a year earlier)

  • Net profit (quarterly) $165 M
Jul 2026: $165 M (+5.2% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023$39.3 M
Dec 2023$41.4 M
Mar 2024$205 M
Jun 2024$122 M
Sep 2024$115 M
Dec 2024$115 M
Mar 2025$157 M
Jun 2025$157 M
Sep 2025$147 M
Dec 2025$131 M
Mar 2026$151 M
Jul 2026$165 M

Growth on a year earlier

  • Growth on a year earlier 5.2%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202344.9%
Dec 2023−2.8%
Mar 202417,849.5%
Jun 2024495.7%
Sep 2024194%
Dec 2024178.5%
Mar 2025−23.6%
Jun 202529.2%
Sep 202527.3%
Dec 202513.8%
Mar 2026−3.9%
Jul 20265.2%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +8.2% on a year earlier and the margin moved −0.8 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +10.6% and revenue +19.9%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Nextpower make, and is it growing?

Nextpower Inc. reported $935 M of revenue in the Jul 2026 quarter, +8.2% on the same quarter a year earlier. Over 4 years it has grown 25.0% a year on average. The last full year, FY26, came in at $3.6 B. The last four reported quarters add to $3.6 B.

Revenue is everything the company billed its customers in the period.

FY26 revenue was $3.6 B, +20.3% on the year before.

FY26 revenue $3.6 B (+20.3% on the year before), 25.0% a year over 4 years

  • Revenue $3.6 B
FY26 revenue $3.6 B (+20.3% on the year before), 25.0% a year over 4 years
QuarterRevenue
FY22$1.5 B
FY23$1.9 B
FY24$2.5 B
FY25$3.0 B
FY26$3.6 B

Growth on a year earlier

  • Growth on a year earlier 20.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY22–
FY2330.5%
FY2431.4%
FY2518.4%
FY2620.3%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jul 2026: $935 M (+8.2% on a year earlier)

  • Revenue (quarterly) $935 M
Jul 2026: $935 M (+8.2% on a year earlier)
QuarterRevenue (quarterly)
Sep 2023$573 M
Dec 2023$710 M
Mar 2024$737 M
Jun 2024$720 M
Sep 2024$636 M
Dec 2024$679 M
Mar 2025$924 M
Jun 2025$864 M
Sep 2025$905 M
Dec 2025$909 M
Mar 2026$881 M
Jul 2026$935 M

Growth on a year earlier

  • Growth on a year earlier 8.2%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202322.7%
Dec 202338.4%
Mar 202442.1%
Jun 202450.1%
Sep 202410.9%
Dec 2024−4.4%
Mar 202525.5%
Jun 202520%
Sep 202542.4%
Dec 202533.9%
Mar 2026−4.7%
Jul 20268.2%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +19.9% on average, against 25.0% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +17.0%, against +15.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +9.1%, against +20.7% a year (rolling over).

How much of every $100 of sales does Nextpower keep?

Nextpower Inc.'s operating margin was 20.9% in the Jul 2026 quarter, 0.8 percentage points lower than the same quarter a year ago. Across 5 years it has been between 5.4% and 23.5%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −0.8 percentage points on the year while gross margin changed +3.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY26: 19.9%, within a range of 5.4% to 23.5% over 5 years

  • Operating margin 19.9%
FY26: 19.9%, within a range of 5.4% to 23.5% over 5 years
QuarterOperating margin
FY225.4%
FY238.9%
FY2423.5%
FY2521.8%
FY2619.9%

Change on the year before (points)

  • Change on the year before (points) −1.9 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY22–
FY23+3.5 pts
FY24+14.6 pts
FY25−1.7 pts
FY26−1.9 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jul 2026: operating margin 20.9% (−0.8 points on a year earlier)

  • Operating margin 20.9%
Jul 2026: operating margin 20.9% (−0.8 points on a year earlier)
QuarterOperating margin
Sep 202316.4%
Dec 202320.9%
Mar 202436.8%
Jun 202422.4%
Sep 202421.3%
Dec 202422.3%
Mar 202521.2%
Jun 202521.7%
Sep 202520.3%
Dec 202519.4%
Mar 202618.2%
Jul 202620.9%

Change on a year earlier (points)

  • Change on a year earlier (points) −0.8 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023+8.0 pts
Dec 2023+9.5 pts
Mar 2024+28.7 pts
Jun 2024+7.0 pts
Sep 2024+4.9 pts
Dec 2024+1.4 pts
Mar 2025−15.6 pts
Jun 2025−0.7 pts
Sep 2025−1.0 pts
Dec 2025−2.9 pts
Mar 2026−3.0 pts
Jul 2026−0.8 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Nextpower's profit turning into cash?

Over the last 3 years, 118% of Nextpower Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $563 M of operating cash against $586 M of profit. After $49.3 M of spending on assets, $514 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash $563 M against profit $586 M; 118% of 3 years' profit came in as cash

  • Operating cash $563 M
  • Net profit $586 M
  • Free cash $514 M
FY26: operating cash $563 M against profit $586 M; 118% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY22−$147 M$50.9 M−$153 M
FY23$108 M$1.1 M$104 M
FY24$429 M$306 M$423 M
FY25$656 M$509 M$622 M
FY26$563 M$586 M$514 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jul 2026: operating cash $121 M = 73% of the quarter's profit

  • Operating cash (quarterly) $121 M
Jul 2026: operating cash $121 M = 73% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$26.9 M
Dec 2023$64.8 M
Mar 2024$111 M
Jun 2024$121 M
Sep 2024$154 M
Dec 2024$144 M
Mar 2025$237 M
Jun 2025$81.3 M
Sep 2025$187 M
Dec 2025$123 M
Mar 2026$171 M
Jul 2026$121 M

Operating cash as % of profit

  • Operating cash as % of profit 73%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 202369%
Dec 2023157%
Mar 202454%
Jun 202499%
Sep 2024133%
Dec 2024125%
Mar 2025151%
Jun 202552%
Sep 2025127%
Dec 202594%
Mar 2026114%
Jul 202673%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Nextpower's cash go?

Nextpower Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $89.4 M on assets over the last 3 years. Averaged over those years that is 0.8% of FY26 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $89.4 M over the last 3 years.

FY26: capex $49.3 M, steady spending

  • Capex $49.3 M
FY26: capex $49.3 M, steady spending
QuarterCapex
FY22$5.9 M
FY23$3.2 M
FY24$6.2 M
FY25$33.9 M
FY26$49.3 M
Capital spending each year, $ M.

Jul 2026: capex $15.9 M in the quarter

  • Capex (quarterly) $15.9 M
Jul 2026: capex $15.9 M in the quarter
QuarterCapex (quarterly)
Sep 2023$0.7 M
Dec 2023$2.4 M
Mar 2024$2.3 M
Jun 2024$2.9 M
Sep 2024$12.0 M
Dec 2024$8.9 M
Mar 2025$10.1 M
Jun 2025$11.3 M
Sep 2025$15.5 M
Dec 2025$4.7 M
Mar 2026$17.8 M
Jul 2026$15.9 M

Free cash

  • Free cash $105 M
Free cash
QuarterFree cash
Sep 2023$26.2 M
Dec 2023$62.4 M
Mar 2024$109 M
Jun 2024$118 M
Sep 2024$142 M
Dec 2024$135 M
Mar 2025$227 M
Jun 2025$70.1 M
Sep 2025$171 M
Dec 2025$119 M
Mar 2026$154 M
Jul 2026$105 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Nextpower's P/E ratio, and how does it compare with its own history?

Nextpower Inc.'s P/E is 26.9×, near the high end of its own history: higher than 78% of past readings. Its usual P/E (the middle reading) is 18.9×, over 2.8 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 26.9× against a usual 18.9×: near the high end of its own history: higher than 78% of past readings

  • P/E 27.6×
  • Median 18.9×
P/E 26.9× against a usual 18.9×: near the high end of its own history: higher than 78% of past readings
WeekP/EMedian
5 Jan 202425.0×18.9×
12 Jan 202425.1×18.9×
19 Jan 202425.9×18.9×
26 Jan 202425.9×18.9×
2 Feb 202434.6×18.9×
9 Feb 202434.6×18.9×
16 Feb 202435.9×18.9×
23 Feb 202434.5×18.9×
1 Mar 202434.2×18.9×
8 Mar 202435.5×18.9×
15 Mar 202435.5×18.9×
22 Mar 202434.9×18.9×
28 Mar 202433.5×18.9×
5 Apr 202416.0×18.9×
12 Apr 202415.1×18.9×
19 Apr 202414.0×18.9×
26 Apr 202413.9×18.9×
3 May 202414.7×18.9×
10 May 202413.5×18.9×
17 May 202414.1×18.9×
24 May 202418.1×18.9×
31 May 202417.6×18.9×
7 Jun 202417.8×18.9×
14 Jun 202418.9×18.9×
21 Jun 202417.5×18.9×
28 Jun 202413.3×18.9×
5 Jul 202413.1×18.9×
12 Jul 202414.6×18.9×
19 Jul 202413.5×18.9×
26 Jul 202413.4×18.9×
2 Aug 202411.9×18.9×
9 Aug 202411.2×18.9×
16 Aug 202411.0×18.9×
23 Aug 202411.9×18.9×
30 Aug 202411.5×18.9×
6 Sep 20249.78×18.9×
13 Sep 202410.6×18.9×
20 Sep 202410.4×18.9×
27 Sep 202410.3×18.9×
4 Oct 20249.70×18.9×
11 Oct 20249.45×18.9×
18 Oct 20248.89×18.9×
25 Oct 20248.34×18.9×
1 Nov 202410.5×18.9×
8 Nov 202410.6×18.9×
15 Nov 20249.76×18.9×
22 Nov 202410.3×18.9×
29 Nov 202410.1×18.9×
6 Dec 20249.62×18.9×
13 Dec 20249.40×18.9×
20 Dec 20249.32×18.9×
27 Dec 20249.87×18.9×
3 Jan 202510.2×18.9×
10 Jan 202510.6×18.9×
17 Jan 202511.3×18.9×
24 Jan 202510.5×18.9×
31 Jan 202512.9×18.9×
7 Feb 202511.8×18.9×
14 Feb 202512.2×18.9×
21 Feb 202511.8×18.9×
28 Feb 202511.3×18.9×
7 Mar 202510.7×18.9×
14 Mar 202511.4×18.9×
21 Mar 202511.4×18.9×
28 Mar 202511.1×18.9×
4 Apr 202511.3×18.9×
11 Apr 202511.3×18.9×
17 Apr 202511.6×18.9×
25 Apr 202512.6×18.9×
2 May 202512.2×18.9×
9 May 202513.4×18.9×
16 May 202517.1×18.9×
23 May 202516.2×18.9×
30 May 202516.4×18.9×
6 Jun 202517.0×18.9×
13 Jun 202517.5×18.9×
20 Jun 202516.6×18.9×
27 Jun 202515.9×18.9×
3 Jul 202518.1×18.9×
11 Jul 202516.8×18.9×
18 Jul 202516.5×18.9×
25 Jul 202517.6×18.9×
1 Aug 202515.4×18.9×
8 Aug 202515.3×18.9×
15 Aug 202516.5×18.9×
22 Aug 202518.8×18.9×
29 Aug 202518.3×18.9×
5 Sep 202519.1×18.9×
12 Sep 202518.2×18.9×
19 Sep 202519.4×18.9×
26 Sep 202519.0×18.9×
3 Oct 202520.0×18.9×
10 Oct 202521.5×18.9×
17 Oct 202522.6×18.9×
24 Oct 202525.5×18.9×
31 Oct 202526.3×18.9×
7 Nov 202527.2×18.9×
14 Nov 202524.3×18.9×
21 Nov 202522.6×18.9×
28 Nov 202523.8×18.9×
5 Dec 202523.5×18.9×
12 Dec 202522.5×18.9×
19 Dec 202523.0×18.9×
26 Dec 202523.7×18.9×
2 Jan 202623.7×18.9×
9 Jan 202623.3×18.9×
16 Jan 202624.6×18.9×
23 Jan 202626.8×18.9×
30 Jan 202629.9×18.9×
6 Feb 202631.0×18.9×
13 Feb 202629.8×18.9×
20 Feb 202630.5×18.9×
27 Feb 202626.9×18.9×
6 Mar 202625.9×18.9×
13 Mar 202630.6×18.9×
20 Mar 202629.2×18.9×
27 Mar 202630.7×18.9×
2 Apr 202629.4×18.9×
10 Apr 202630.7×18.9×
17 Apr 202629.0×18.9×
24 Apr 202631.6×18.9×
1 May 202631.2×18.9×
8 May 202632.8×18.9×
15 May 202635.9×18.9×
22 May 202634.0×18.9×
29 May 202635.9×18.9×
5 Jun 202634.3×18.9×
12 Jun 202631.7×18.9×
18 Jun 202632.8×18.9×
26 Jun 202627.9×18.9×
2 Jul 202629.4×18.9×
10 Jul 202628.8×18.9×
17 Jul 202626.6×18.9×
24 Jul 202625.9×18.9×
31 Jul 202623.2×18.9×
7 Aug 202626.7×18.9×
14 Aug 202626.2×18.9×
21 Aug 202622.3×18.9×
28 Aug 202622.1×18.9×
4 Sep 202621.8×18.9×
11 Sep 202621.4×18.9×
18 Sep 202620.8×18.9×
25 Sep 202620.9×18.9×
2 Oct 202621.8×18.9×
9 Oct 202622.3×18.9×
16 Oct 202620.7×18.9×
23 Oct 202620.4×18.9×
30 Oct 202620.5×18.9×
4 Nov 202627.6×18.9×

Earnings per share, 12 months

  • Earnings per share, 12 months $3.87
Earnings per share, 12 months
WeekEarnings per share, 12 months
5 Jan 2024–
12 Jan 2024–
19 Jan 2024–
26 Jan 2024–
2 Feb 2024–
9 Feb 2024–
16 Feb 2024–
23 Feb 2024–
1 Mar 2024–
8 Mar 2024–
15 Mar 2024–
22 Mar 2024–
28 Mar 2024$1.68
5 Apr 2024$1.68
12 Apr 2024$1.68
19 Apr 2024$1.68
26 Apr 2024$1.68
3 May 2024$1.68
10 May 2024$1.68
17 May 2024$1.68
24 May 2024$1.68
31 May 2024$1.68
7 Jun 2024$1.68
14 Jun 2024$1.68
21 Jun 2024$1.68
28 Jun 2024$3.54
5 Jul 2024$3.54
12 Jul 2024$3.54
19 Jul 2024$3.54
26 Jul 2024$3.54
2 Aug 2024$3.54
9 Aug 2024$3.54
16 Aug 2024$3.54
23 Aug 2024$3.54
30 Aug 2024$3.54
6 Sep 2024$3.54
13 Sep 2024$3.54
20 Sep 2024$3.54
27 Sep 2024$3.77
4 Oct 2024$3.77
11 Oct 2024$3.77
18 Oct 2024$3.77
25 Oct 2024$3.77
1 Nov 2024$3.77
8 Nov 2024$3.77
15 Nov 2024$3.77
22 Nov 2024$3.77
29 Nov 2024$3.77
6 Dec 2024$3.77
13 Dec 2024$3.77
20 Dec 2024$3.77
27 Dec 2024$3.77
3 Jan 2025$3.77
10 Jan 2025$3.77
17 Jan 2025$3.77
24 Jan 2025$3.77
31 Jan 2025$3.77
7 Feb 2025$3.77
14 Feb 2025$3.77
21 Feb 2025$3.77
28 Feb 2025$3.77
7 Mar 2025$3.77
14 Mar 2025$3.77
21 Mar 2025$3.77
28 Mar 2025$3.89
4 Apr 2025$3.89
11 Apr 2025$3.89
17 Apr 2025$3.89
25 Apr 2025$3.89
2 May 2025$3.89
9 May 2025$3.89
16 May 2025$3.89
23 May 2025$3.89
30 May 2025$3.89
6 Jun 2025$3.89
13 Jun 2025$3.89
20 Jun 2025$3.89
27 Jun 2025$3.67
3 Jul 2025$3.67
11 Jul 2025$3.67
18 Jul 2025$3.67
25 Jul 2025$3.67
1 Aug 2025$3.67
8 Aug 2025$3.67
15 Aug 2025$3.67
22 Aug 2025$3.67
29 Aug 2025$3.67
5 Sep 2025$3.67
12 Sep 2025$3.67
19 Sep 2025$3.67
26 Sep 2025$3.85
3 Oct 2025$3.85
10 Oct 2025$3.85
17 Oct 2025$3.85
24 Oct 2025$3.85
31 Oct 2025$3.85
7 Nov 2025$3.85
14 Nov 2025$3.85
21 Nov 2025$3.85
28 Nov 2025$3.85
5 Dec 2025$3.85
12 Dec 2025$3.85
19 Dec 2025$3.85
26 Dec 2025$3.85
2 Jan 2026$3.85
9 Jan 2026$3.85
16 Jan 2026$3.85
23 Jan 2026$3.85
30 Jan 2026$3.85
6 Feb 2026$3.85
13 Feb 2026$3.85
20 Feb 2026$3.85
27 Feb 2026$3.85
6 Mar 2026$3.85
13 Mar 2026$3.85
20 Mar 2026$3.85
27 Mar 2026$3.91
2 Apr 2026$3.91
10 Apr 2026$3.91
17 Apr 2026$3.91
24 Apr 2026$3.91
1 May 2026$3.91
8 May 2026$3.91
15 May 2026$3.91
22 May 2026$3.91
29 May 2026$3.91
5 Jun 2026$3.91
12 Jun 2026$3.91
18 Jun 2026$3.91
26 Jun 2026$3.84
2 Jul 2026$3.84
10 Jul 2026$3.84
17 Jul 2026$3.84
24 Jul 2026$3.84
31 Jul 2026$3.84
7 Aug 2026$3.84
14 Aug 2026$3.84
21 Aug 2026$3.84
28 Aug 2026$3.84
4 Sep 2026$3.84
11 Sep 2026$3.84
18 Sep 2026$3.84
25 Sep 2026$3.87
2 Oct 2026$3.87
9 Oct 2026$3.87
16 Oct 2026$3.87
23 Oct 2026$3.87
30 Oct 2026$3.87
4 Nov 2026$3.87
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 2.8 years of history; short peaks above 36× are drawn at the top edge.

PEG 1.19 at the Jul 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.19×
  • PEG = 1.0 1.00×
PEG 1.19 at the Jul 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Mar 20230.72×1.00×
Jun 20230.86×1.00×
Sep 20230.83×1.00×
Dec 20230.64×1.00×
Mar 20240.50×1.00×
Jun 20240.51×1.00×
Sep 20240.75×1.00×
Dec 20241.11×1.00×
Mar 20250.77×1.00×
Jun 20251.25×1.00×
Sep 20251.43×1.00×
Dec 20252.19×1.00×
Mar 20261.86×1.00×
Jul 20261.19×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 14 quarters.
26.9×P/E · higher than 78% of its last 2.8 years
1.29PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved +10.8% while the price moved +2.0%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 3 years the price moved +42.1% a year; about +32.1% a year came from earnings growth and about +10.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the Nextpower business getting better or worse?

Nextpower Inc.'s business is giving mixed signals. There is no clear direction across the growth lines, with ROCE falling at 26.0%; each line tells part of the story. This is based on 12 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +20.3% in FY26, profit +15.1%

  • Revenue growth 20.3%
Growth year by year: revenue +20.3% in FY26, profit +15.1%
QuarterRevenue growth
FY22–
FY2330.5%
FY2431.4%
FY2518.4%
FY2620.3%

Profit growth, EPS growth

  • Profit growth 15.1%
  • EPS growth 10.8%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY22––
FY23−97.8%–
FY24–300%
FY2566.3%2.8%
FY2615.1%10.8%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue stabilising, profit rolling over

  • Revenue 17%
Three growth lines over twelve quarters: revenue stabilising, profit rolling over
QuarterRevenue
Sep 202326.5%
Dec 202325.1%
Mar 202431.4%
Jun 202438.5%
Sep 202434.4%
Dec 202421.5%
Mar 202518.4%
Jun 202513.3%
Sep 202520.4%
Dec 202530%
Mar 202620.3%
Jul 202617%

Profit, EPS

  • Profit 9.1%
  • EPS 5.5%
Profit, EPS
QuarterProfitEPS
Sep 202348.7%–
Dec 20232.6%–
Mar 2024222.5%–
Jun 2024300%–
Sep 2024300%–
Dec 2024300%132%
Mar 202566.3%10.5%
Jun 202533.7%3.7%
Sep 202519.1%2.1%
Dec 20256.2%0.5%
Mar 202615.1%10.8%
Jul 20269.1%5.5%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 26%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 202328.3%
Dec 202336%
Mar 2024–
Jun 2024–
Sep 2024–
Dec 2024–
Mar 2025–
Jun 202532.1%
Sep 202531.9%
Dec 202531%
Mar 202627.9%
Jul 202626%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Steady highRevenue growth · latest +17.0%, range +13.3% to +38.5%
Turning downProfit growth · latest +9.1%, range +2.6% to +445.4%
Turning downROCE · latest 26.0%, range 26.0% to 36.0%

Why it matters: when the lines disagree, each line above matters more than any single label.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+20.3%+23.2%——
Profit+15.1%+700.3%——
EPS+10.8%+438.4%——
Stock price+2.0%+42.1%——
+8.2%Revenue growth (Jul 2026) · latest quarter against a year ago
+5.2%Profit growth (Jul 2026) · latest quarter against a year ago
25.0%Revenue, 4 years · yearly growth over the long run

How much does Nextpower earn on its capital?

Nextpower Inc. earned a ROE of 25% in FY26. That is up from a low of 0% in FY23. Its return on capital used (ROIC) is 23.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 16.5% net margin and 0.87× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY26): a 16.5% net margin × 0.87× asset turnover × 1.74× leverage (assets divided by equity) ≈ 25.0% on equity. The margin does most of the work; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 38.2% − 14.8% = +23.4 percentage points. The 14.8% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.

The 38.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 53.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROE 25%, the climb back from FY23's 0%

  • ROE 25.1%
  • ROIC (annual) 53.1%
  • Cost of capital 14.8%
FY26: ROE 25%, the climb back from FY23's 0%
QuarterROEROIC (annual)Cost of capital
FY2210.2%16.5%14.8%
FY230.2%24.8%14.8%
FY2430.9%80.6%14.8%
FY2531.3%65.1%14.8%
FY2625.1%53.1%14.8%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 14.8% cost of capital used on this page.

Jul 2026: ROIC 51.0% (last 12 months) against a 14.8% cost of capital

  • ROIC (12 months) 51.0%
  • ROE (12 months) 26.9%
  • Cost of capital 14.8%
Jul 2026: ROIC 51.0% (last 12 months) against a 14.8% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 202334.1%48.9%14.8%
Dec 202351.1%52.9%14.8%
Mar 202466.5%71.8%14.8%
Jun 202496.1%102.4%14.8%
Sep 202498.8%46.9%14.8%
Dec 202490.1%38.8%14.8%
Mar 202579.5%34.7%14.8%
Jun 202561.9%41.4%14.8%
Sep 202559.6%36.6%14.8%
Dec 202558.8%31%14.8%
Mar 202656.7%25.4%14.8%
Jul 202651%26.9%14.8%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Nextpower have too much debt?

Nextpower Inc. has total debt of $38.4 M against shareholder equity of $2.6 B as of Jul 2026, so its debt is 0.02× its equity, which is very little. Year by year, that ratio went from 0.01 in FY22 to 0.02 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt $52.9 M, 0.02× equity

  • Total debt $52.9 M
FY26: debt $52.9 M, 0.02× equity
QuarterTotal debt
FY22$4.5 M
FY23$151 M
FY24$165 M
FY25$34.1 M
FY26$52.9 M

Debt-to-equity

  • Debt-to-equity 0.02×
Debt-to-equity
QuarterDebt-to-equity
FY220.01×
FY230.31×
FY240.17×
FY250.02×
FY260.02×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Jul 2026: debt $38.4 M, debt-to-equity 0.02

  • Total debt (quarterly) $38.4 M
Jul 2026: debt $38.4 M, debt-to-equity 0.02
QuarterTotal debt (quarterly)
Sep 2023$146 M
Dec 2023$145 M
Mar 2024$165 M
Jun 2024$147 M
Sep 2024$146 M
Dec 2024$145 M
Mar 2025$34.1 M
Jun 2025$26.6 M
Sep 2025$45.7 M
Dec 2025$44.8 M
Mar 2026$52.9 M
Jul 2026$38.4 M

Debt-to-equity

  • Debt-to-equity 0.02×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.22×
Dec 20230.19×
Mar 20240.17×
Jun 20240.13×
Sep 20240.11×
Dec 20240.10×
Mar 20250.02×
Jun 20250.01×
Sep 20250.02×
Dec 20250.02×
Mar 20260.02×
Jul 20260.02×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Nextpower shareholding pattern?

6.6% of Nextpower Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

6.6%Short interest · of the tradable float
4.5Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Nextpower from balance-sheet trouble?

For Nextpower Inc., the Z-score is 5.95. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 5.95 is well clear of the danger zone, so the balance sheet is not the risk here.

How does Nextpower rank in its industry?

61.8 out of 100, rank 4 of 10 in Solar, with 58% of the evidence available.

Nextpower Inc. scores 61.8 out of 100 against the 10 companies it is compared with in Solar, ranking 4. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 14.8 + 20.9 + 9.8 + 16.3 = 61.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Nextpower compared with?

Nextpower ranks 4 of 10 Solar companies on the 4-Factor Sector Score, with 61.8 out of 100.

  1. 1First Solar, Inc.FSLR · basing · Most evidence points up · 81% evidence67.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.9/35 · Revenue 23.8% · Profit 38.9% · Operating margin change 9.6 points · 83% evidenceCapital efficiency 17.7/25 · ROCE 16% · Operating margin 42.6% · 76% evidenceValuation 14.5/20 · P/E 14.5× · PEG 0.38 · 65% evidenceRelative strength 10.4/20 · Lead over its industry 3.4% · Lead over S&P 500 -18.4% · 1 year -27.3% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.9 + 17.7 + 14.5 + 10.4 = 67.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2TOYO Co., Ltd.TOYO · basing · Most evidence points up · 81% evidence67.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.4/35 · Revenue 100% · Profit 100% · Operating margin change 6.6 points · 83% evidenceCapital efficiency 20.0/25 · ROCE 36.7% · Operating margin 19.1% · 76% evidenceValuation 12.8/20 · P/E 3.9× · PEG 0.84 · 65% evidenceRelative strength 5.8/20 · Lead over its industry -15.2% · Lead over S&P 500 -36.4% · 1 year -24.8% · 100% evidence · 0 of 12 weeks aheadExact sum: 28.4 + 20 + 12.8 + 5.8 = 67 · What this means: Earnings are strong; relative strength in its sector is -15.2% and the one-year return is -24.8%.
  3. 3Shoals Technologies Group, Inc.SHLS · turning · Evidence leans up · 81% evidence62.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.4/35 · Revenue 47% · Profit 45.5% · Operating margin change -3.1 points · 83% evidenceCapital efficiency 12.6/25 · ROCE 9.8% · Operating margin 13.8% · 76% evidenceValuation 9.3/20 · P/E 52.2× · PEG 0.89 · 65% evidenceRelative strength 18.8/20 · Lead over its industry 27.1% · Lead over S&P 500 0.7% · 1 year 0.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 21.4 + 12.6 + 9.3 + 18.8 = 62.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Nextpower Inc. this pageNXT · turning · Too little evidence to rank firmly · 58% evidence61.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.8/35 · Revenue — · Profit — · Operating margin change 0.6 points · 45% evidenceCapital efficiency 20.9/25 · ROCE 22.8% · Operating margin 20.9% · 76% evidenceValuation 9.8/20 · P/E 28.5× · PEG — · 15% evidenceRelative strength 16.3/20 · Lead over its industry 22.8% · Lead over S&P 500 -4.2% · 1 year 2% · 100% evidence · 0 of 12 weeks aheadExact sum: 14.8 + 20.9 + 9.8 + 16.3 = 61.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  5. 5Sunrun Inc.RUN · basing · Evidence leans up · 74% evidence51.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.8/35 · Revenue 63.4% · Profit — · Operating margin change 23.7 points · 62% evidenceCapital efficiency 6.2/25 · ROCE 0.4% · Operating margin 4% · 76% evidenceValuation 15.8/20 · P/E 8× · PEG 0.14 · 65% evidenceRelative strength 5.7/20 · Lead over its industry -21.2% · Lead over S&P 500 -39.6% · 1 year -48.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 23.8 + 6.2 + 15.8 + 5.7 = 51.5 · What this means: Earnings are strong; relative strength in its sector is -21.2% and the one-year return is -48.7%.
  6. 6SolarEdge Technologies, Inc.SEDG · basing · Evidence leans down · 64% evidence43.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.1/35 · Revenue 41.9% · Profit — · Operating margin change 17.4 points · 62% evidenceCapital efficiency 3.5/25 · ROCE -10.8% · Operating margin -6.5% · 76% evidenceValuation 9.2/20 · P/E 50× · PEG — · 15% evidenceRelative strength 7.9/20 · Lead over its industry -10.4% · Lead over S&P 500 -30.3% · 1 year -25% · 100% evidence · 0 of 12 weeks aheadExact sum: 23.1 + 3.5 + 9.2 + 7.9 = 43.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Enphase Energy, Inc.ENPH · basing · Evidence leans down · 81% evidence42.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 10.9/35 · Revenue -10.4% · Profit -22.9% · Operating margin change 6.9 points · 83% evidenceCapital efficiency 12.3/25 · ROCE 4.9% · Operating margin 18% · 76% evidenceValuation 12.5/20 · P/E 48.4× · PEG 0.67 · 65% evidenceRelative strength 6.8/20 · Lead over its industry -3.1% · Lead over S&P 500 -24.2% · 1 year 4.4% · 100% evidence · 0 of 12 weeks aheadExact sum: 10.9 + 12.3 + 12.5 + 6.8 = 42.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Array Technologies, Inc.ARRY · basing · Evidence leans down · 64% evidence41.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 9.9/35 · Revenue 1.2% · Profit — · Operating margin change -1.9 points · 62% evidenceCapital efficiency 9.5/25 · ROCE 7% · Operating margin 10.9% · 76% evidenceValuation 11.5/20 · P/E -7.7× · PEG — · 15% evidenceRelative strength 10.1/20 · Lead over its industry -9.4% · Lead over S&P 500 -31.2% · 1 year -37.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 9.9 + 9.5 + 11.5 + 10.1 = 41 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Canadian Solar Inc.CSIQ · quiet · Most evidence points down · 64% evidence26.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 10.6/35 · Revenue -15.7% · Profit — · Operating margin change -13.4 points · 62% evidenceCapital efficiency 7.6/25 · ROCE 1.1% · Operating margin -5.9% · 76% evidenceValuation 8.5/20 · P/E 54.2× · PEG — · 15% evidenceRelative strength 0.0/20 · Lead over its industry -23.8% · Lead over S&P 500 -40.8% · 1 year -62.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 10.6 + 7.6 + 8.5 + 0 = 26.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Tigo Energy, Inc.TYGO · Too little evidence to rank firmly · 44% evidence43.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 26.3/43.75 · Revenue 50% · Profit — · Operating margin change -0.3 points · 62% evidenceCapital efficiency 4.8/31.25 · ROCE -5.2% · Operating margin -6.6% · 76% evidenceValuation 12.7/25 · P/E 17.7× · PEG — · 15% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 26.3 + 4.8 + 12.7 = 43.8 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Solar, all 10 compared on one page.

Which companies are close to Nextpower in size?

Nextpower is the 2nd largest of 10 Solar companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: First Solar, Inc. Just below it: Enphase Energy, Inc., Sunrun Inc., SolarEdge Technologies, Inc., Shoals Technologies Group, Inc. and Array Technologies, Inc.

Solar companies close in size

  1. First Solar, Inc. $20.9 billion
  2. Nextpower Inc. $16.1 billion
  3. Enphase Energy, Inc. $4.2 billion
  4. Sunrun Inc. $2.1 billion
  5. SolarEdge Technologies, Inc. $1.8 billion
  6. Shoals Technologies Group, Inc. $1.5 billion
  7. Array Technologies, Inc. $822 million

All 10 Solar companies, largest first

Companies close in size in other industries

  1. UL Solutions Inc. $16.1 billion · Specialty Business Services
  2. Companhia de Saneamento Básico do Estado de São Paulo - SABESP $16.1 billion · Utilities - Regulated Water
  3. Nextpower Inc. $16.1 billion
  4. Invitation Homes Inc. $15.9 billion · REIT - Residential
  5. CEMEX, S.A.B. de C.V. $15.9 billion · Building Materials

What else do people ask about Nextpower?

What were Nextpower's latest quarterly results?

Nextpower Inc. reported revenue of $935 M and net profit of $165 M for the Jul 2026 quarter. Revenue rose 8.2% and profit rose 5.2% compared with a year earlier. Earnings per share were $1.07.

The operating margin was 20.9%, 0.8 percentage points lower than a year earlier (as of 4 November 2026).

What is Nextpower's market cap?

Nextpower Inc.'s market capitalisation is $16.1 B at a stock price of $106.70. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Nextpower performing?

Nextpower Inc.'s share price has been moving sideways for 17 weeks. In its latest quarter, revenue rose 8.2% and profit rose 5.2% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 1 week running (as of 4 November 2026).

Will Nextpower's stock price go up?

This page does not forecast Nextpower Inc.'s stock price. What it shows instead: the stock price is $106.70, and it has been moving sideways for 17 weeks. Its P/E of 26.9× is higher than 78% of its own last 3 years (as of 4 November 2026).

Where is Nextpower in its business cycle?

Nextpower Inc.'s FY26 operating margin was 19.9%, against a 5-year range of 5.4% to 23.5%: the middle of its own range, neither a peak nor a low. The latest quarter was 20.9%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Nextpower story?

Biggest thing to watch: the P/E is higher than 78% of its own history, so the multiple has already done part of the work.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Nextpower a stock worth studying right now?

What the numbers show: Nextpower Inc.'s earnings have grown faster than its share price. Earnings per share grew +10.8% in a year while the price moved +2.0%. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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