NXT — Nextracker Inc. Class A Common Stock
NASDAQ · Technology · Solar
$81.36
-$1.71 (-2.06%)
Nextracker Inc. Class A Common Stock (NXT) is a solar company listed on NASDAQ. It is led by Daniel S. Shugar, based in 6200 Paseo Padre Parkway, Fremont, CA, United States, 94555, with about 1,993 employees. Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. The company also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor and NX Earth Truss, a solar foundation technology to facilitate solar project development in challenging soil conditions; Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. It serves engineering, procurement, and construction firms, as well as solar project developers and owners. The company was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.
Latest reported NXT revenue for 2025-09-26 was $905.3M. Net income was $146.9M. Revenue was up 4.7% from 2025-06-27 to 2025-09-26. NXT currently screens at market cap $18.77B and trailing P/E 32.1.
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About Nextracker Inc. Class A Common Stock
Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. The company also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor and NX Earth Truss, a solar foundation technology to facilitate solar project development in challenging soil conditions; Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. It serves engineering, procurement, and construction firms, as well as solar project developers and owners. The company was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.
NXT Key Statistics
Market Cap
$18.77B
Volume
1.28M
Previous Close
$84.72
Day Range
$83.88 – $87.80
P/E Ratio
32.11
P/B Ratio
7.94
EPS
$3.47
Revenue
$2.96B
Net Income
$517.25M
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
+18.4%
Profit Margin
17.5%
Employees
1,993
NXT Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $2.96B | $2.50B | $1.90B | $1.46B |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | $517.25M | $496.21M | $121.33M | $50.91M |
| EPS (Diluted) | $3.47 | $3.37 | $0.02 | $0.00 |
Total Assets
$3.19B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$766.10M
Operating Cash Flow
$655.79M
Free Cash Flow
$0.00
Nextracker Inc. Class A Common Stock Company Information
- Co-Founder, CEO & Director
- Daniel S. Shugar
- Headquarters
- 6200 Paseo Padre Parkway, Fremont, CA, United States, 94555
- Website
- www.nextpower.com
- Phone
- (510) 270-2500
- IPO / Founded
- 2023-02-09
- Sector
- Technology
- Industry
- Solar