Nextpower Inc. Financial Summary

Complete Filing Data

Nextpower Inc. reported Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents of $130.01 million for FY2023.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Nextpower Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Net Income *$509.2M$306.2M$1.1M$0.00$0.00
Selling General And Administrative Expense$290.3M$183.6M$96.9M$66.9M$60.4M
Revenues$2.96B$2.50B$1.90B$1.46B$1.20B
Research And Development Expense$79.4M$42.4M$21.6M$14.2M$13.0M
Operating Income Loss$639.1M$587.1M$168.5M$65.9M$158.5M
Interest Income Expense Nonoperating Net-$13.1M-$13.8M-$1.8M-$34.0K-$502.0K
Income Tax Expense Benefit$130.8M$111.8M$47.8M$14.2M$33.7M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest$648.0M$608.0M$169.1M$65.1M$158.0M
Gross Profit$1.01B$813.0M$287.0M$147.0M$232.0M
Cost Of Revenue$1.95B$1.69B$1.62B$1.31B$963.6M
Net Income Loss Attributable To Noncontrolling Interest$8.1M$190.0M$2.4M$0.00
Other Nonoperating Income Expense$22.0M$34.7M$2.4M-$765.0K
Deferred Revenue Current$247.1M$225.5M$176.5M$77.9M
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest$517.2M$324.3M
Net Income Loss Attributable To Redeemable Noncontrolling Interest$2.4M$0.00$0.00
Other Comprehensive Income Loss Net Of Tax-$315.0K$17.0K
Deferred Income Taxes And Tax Credits-$8.7M-$38.0M$26.0M-$5.3M-$2.9M
Deferred Income Taxes And Other Assets Noncurrent$474.6M$273.7M$28.1M
Deferred Income Tax Assets Net$438.3M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q4 2021
Net Income *$131.2M$146.9M$157.2M$115.3M$115.4M$121.7M$41.4M$39.3M$20.4M$0.00$0.00$0.00$12.5M
Selling General And Administrative Expense$82.7M$84.6M$73.9M$70.6M$72.1M$60.8M$48.4M$47.9M$34.2M$18.6M$20.7M$16.1M$13.0M
Revenues$909.4M$905.3M$864.3M$679.4M$635.6M$719.9M$710.4M$573.4M$479.5M$513.4M$467.1M$403.2M$337.6M
Research And Development Expense$29.3M$26.9M$21.6M$20.1M$19.2M$16.5M$12.9M$7.1M$5.6M$5.0M$4.3M$4.0M$3.6M
Operating Income Loss$176.1M$181.3M$186.2M$150.2M$133.5M$160.1M$148.5M$94.1M$73.9M$58.7M$39.5M$29.8M$17.1M
Interest Income Expense Nonoperating Net-$339.0K-$730.0K-$1.2M-$3.8M-$3.7M-$3.3M-$3.2M-$3.6M-$3.1M$2.4M-$1.3M$61.0K-$91.0K
Income Tax Expense Benefit$49.3M$35.9M$33.8M$42.8M$19.9M$27.2M$38.8M$4.0M$9.1M$18.4M$11.1M$5.7M$4.5M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest$180.5M$182.7M$191.0M$160.2M$137.2M$151.9M$166.8M$85.4M$72.7M$61.0M$38.2M$29.8M$17.0M
Gross Profit$288.1M$292.9M$281.7M$240.9M$224.8M$237.4M$209.7M$149.1M$113.7M$82.3M$64.5M$49.9M$33.8M
Cost Of Revenue$621.2M$612.4M$582.5M$438.5M$410.8M$482.5M$500.7M$424.2M$365.8M$431.1M$402.6M$353.4M$303.8M
Net Income Loss Attributable To Noncontrolling Interest$0.00$0.00$0.00$2.1M$1.9M$3.1M$86.6M$42.2M$43.2M$2.4M
Other Nonoperating Income Expense$4.7M$2.1M$6.0M$13.8M$7.4M-$4.9M$21.5M-$5.0M$2.0M
Deferred Revenue Current$297.0M$236.9M$218.6M$180.0M$235.9M$251.0M$173.2M
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest$131.2M$146.9M$157.2M$117.4M$117.3M$124.8M$39.3M$20.4M
Net Income Loss Attributable To Redeemable Noncontrolling Interest$86.6M$42.2M$43.2M$0.00$0.00$0.00
Other Comprehensive Income Loss Net Of Tax$81.0K$40.0K-$479.0K-$14.0K-$664.0K-$539.0K
Deferred Income Taxes And Tax Credits
Deferred Income Taxes And Other Assets Noncurrent$401.0M$421.0M$266.7M
Deferred Income Tax Assets Net$517.6M$513.7M$511.3M$498.8M$472.2M$472.4M$463.0M

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Stockholders Equity *-$3.08B$0.00$0.00
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$130.0M$29.1M$190.6M$3.0M
Goodwill$265.2M$265.2M$265.2M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$292.0M$344.0M$100.9M-$161.5M$187.6M
Property Plant And Equipment Net$9.2M$7.3M$7.4M
Other Liabilities Noncurrent$30.4M$280.2M$42.8M
Liabilities Current$891.5M$507.4M$473.4M
Liabilities And Stockholders Equity$2.52B$1.42B$1.02B
Liabilities$1.53B$934.8M$516.2M
Inventory Net$201.7M$138.1M$172.2M
Intangible Assets Net Excluding Goodwill$1.5M$1.3M$2.5M
Cash And Cash Equivalents At Carrying Value$474.1M$130.0M$29.1M
Assets Current$1.77B$872.3M$714.1M
Assets$2.52B$1.42B$1.02B
Allowance For Doubtful Accounts Receivable Current$3.9M$1.8M$3.6M
Accrued Liabilities Current$82.4M$59.8M$26.2M
Accounts Receivable Net Current$382.7M$271.2M$168.3M
Accounts Payable Current$456.6M$211.4M$266.6M
Retained Earnings Accumulated Deficit-$3.07B-$3.08B$0.00
Other Assets Current$187.2M$35.1M$52.1M
Repayments Of Long Term Debt$150.0M$0.00$20.0M$0.00
Long Term Debt Noncurrent$0.00$144.0M$147.1M$0.00
Other Liabilities Current$123.1M$47.6M$63.4M
Tax Receivable Agreement Revaluation
Accumulated Other Comprehensive Income Loss Net Of Tax$17.0K$0.00
Redeemable Noncontrolling Interest Equity Other Carrying Amount$0.00$3.56B$0.00
Provision For Loan Lease And Other Losses-$2.4M$2.4M$1.2M-$1.4M$2.4M
Other Assets$36.3M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q1 2021
Stockholders Equity *$2.15B$1.99B$1.81B$1.63B$1.42B$1.28B$1.12B$992.0M-$3.12B-$2.64B-$3.35B$0.00$0.00$0.00$0.00$488.5M$463.6M$456.0M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$952.6M$845.3M$743.4M$766.1M$693.5M$561.9M$471.9M$474.1M$367.8M$372.9M$355.1M$100.1M$84.2M$31.1M$65.0M
Goodwill$485.3M$473.7M$444.9M$371.0M$370.6M$370.6M$328.4M$265.2M$265.2M$265.2M$265.2M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$22.7M-$2.2M$225.1M$2.1M
Property Plant And Equipment Net$84.8M$84.9M$72.4M$60.4M$48.0M$47.2M$35.3M$8.4M$7.5M$6.9M$7.9M
Other Liabilities Noncurrent$95.7M$92.0M$57.4M$39.4M$140.2M$140.5M$146.1M$439.4M$440.7M$276.3M$35.9M
Liabilities Current$1.08B$1.12B$1.03B$1.03B$904.6M$806.3M$803.0M$759.4M$772.2M$676.1M$604.6M
Liabilities And Stockholders Equity$3.80B$3.67B$3.39B$3.19B$2.98B$2.77B$2.63B$2.10B$2.03B$1.66B$1.26B
Liabilities$1.65B$1.68B$1.58B$1.56B$1.56B$1.49B$1.49B$1.34B$1.36B$1.10B$640.5M
Inventory Net$275.3M$221.2M$227.1M$209.4M$217.3M$179.3M$166.0M$202.7M$196.2M$136.7M$251.2M
Intangible Assets Net Excluding Goodwill$80.6M$81.7M$68.9M$53.2M$47.5M$49.3M$46.5M$1.6M$1.2M$1.3M$1.4M
Cash And Cash Equivalents At Carrying Value$952.6M$845.3M$743.4M$766.1M$693.5M$561.9M$471.9M$367.8M$372.9M$355.1M$100.1M
Assets Current$2.56B$2.44B$2.23B$2.16B$1.99B$1.78B$1.70B$1.42B$1.34B$1.12B$954.3M
Assets$3.80B$3.67B$3.39B$3.19B$2.98B$2.77B$2.63B$2.10B$2.03B$1.66B$1.26B
Allowance For Doubtful Accounts Receivable Current$2.0M$2.2M$1.4M$1.5M$2.8M$4.8M$4.0M$1.9M$1.4M$1.6M$1.9M
Accrued Liabilities Current$106.6M$103.6M$86.0M$97.0M$72.9M$77.1M$69.0M$70.2M$67.3M$57.3M$44.2M
Accounts Receivable Net Current$452.2M$549.2M$553.6M$472.5M$457.9M$357.6M$401.9M$365.3M$346.7M$222.8M$285.8M
Accounts Payable Current$560.1M$553.6M$581.5M$585.3M$377.5M$406.5M$387.4M$374.9M$403.5M$293.5M$311.4M
Retained Earnings Accumulated Deficit-$2.12B-$2.25B-$2.40B-$2.56B-$2.71B-$2.83B-$2.94B-$3.27B-$3.31B-$3.35B
Other Assets Current$134.9M$153.1M$102.9M$88.5M$346.7M$326.0M$295.6M$118.2M$82.2M$49.6M
Repayments Of Long Term Debt$0.00$937.0K$0.00
Long Term Debt Noncurrent$138.8M$140.5M$142.2M$144.8M$145.6M$147.3M
Other Liabilities Current$96.2M$90.3M$102.9M$104.1M$150.7M$80.1M$123.3M$34.7M
Tax Receivable Agreement Revaluation$0.00$3.8M$18.3M$18.3M$0.00$0.00$0.00
Accumulated Other Comprehensive Income Loss Net Of Tax-$656.0K-$737.0K-$777.0K-$298.0K-$1.2M-$1.2M-$522.0K
Redeemable Noncontrolling Interest Equity Other Carrying Amount$3.87B$3.32B$3.91B
Provision For Loan Lease And Other Losses
Other Assets$72.2M$76.2M$59.4M$51.1M$50.7M$44.5M$56.4M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Payments To Acquire Property Plant And Equipment$33.9M$6.2M$3.2M$5.9M$2.5M
Net Cash Provided By Used In Operating Activities$655.8M$429.0M$107.7M-$147.1M$94.3M
Net Cash Provided By Used In Investing Activities-$186.1M-$6.7M-$3.2M-$5.8M-$3.0M
Net Cash Provided By Used In Financing Activities-$177.6M-$78.3M-$3.6M-$8.7M$96.3M
Depreciation Depletion And Amortization$13.4M$4.4M$4.6M$11.1M$16.8M
Increase Decrease In Operating Capital
Proceeds From Sale Of Property Plant And Equipment$0.00$0.00$24.0K$167.0K$0.00
Proceeds From Payments For Other Financing Activities$0.00-$3.1M-$2.9M$0.00
Proceeds From Issuance Of Common Stock$0.00$552.0M$693.8M$0.00
Share Based Compensation$118.9M$56.8M$32.0M$3.0M$4.3M
Payments To Acquire Businesses Net Of Cash Acquired$152.2M$0.00$0.00
Payments Of Debt Issuance Costs$6.0M$0.00$0.00
Increase Decrease In Other Operating Liabilities-$55.1M-$42.5M$21.8M$28.2M-$6.3M
Increase Decrease In Other Operating Assets-$67.9M-$21.2M$19.0M$18.0M$17.2M
Increase Decrease In Inventories$3.0M$61.0M-$25.1M$87.7M$23.3M
Increase Decrease In Due To Related Parties Current$0.00$0.00-$23.3M$10.5M-$12.6M
Increase Decrease In Contract With Customer Liability$34.7M$82.6M$120.5M$15.2M-$555.0K
Increase Decrease In Contract With Customer Asset$8.8M$99.2M$7.1M$145.6M$41.7M
Increase Decrease In Accounts Receivable$47.6M$114.0M$160.3M$45.5M$6.1M
Increase Decrease In Accounts Payable Trade$102.9M$245.4M-$37.0M$35.8M$55.6M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ2 2025Q2 2024Q2 2023Q2 2022
Payments To Acquire Property Plant And Equipment$11.3M$2.9M$694.0K$427.0K
Net Cash Provided By Used In Operating Activities$81.3M$120.8M$225.8M$2.8M
Net Cash Provided By Used In Investing Activities-$98.1M-$113.1M-$694.0K-$427.0K
Net Cash Provided By Used In Financing Activities-$6.0M-$10.0M$0.00-$309.0K
Depreciation Depletion And Amortization$5.8M$941.0K$1.0M$1.3M
Increase Decrease In Operating Capital$81.6M$4.9M-$161.1M$22.6M
Proceeds From Sale Of Property Plant And Equipment
Proceeds From Payments For Other Financing Activities
Proceeds From Issuance Of Common Stock
Share Based Compensation
Payments To Acquire Businesses Net Of Cash Acquired$86.8M$110.2M$0.00
Payments Of Debt Issuance Costs$0.00$3.7M$0.00
Increase Decrease In Other Operating Liabilities
Increase Decrease In Other Operating Assets
Increase Decrease In Inventories
Increase Decrease In Due To Related Parties Current
Increase Decrease In Contract With Customer Liability
Increase Decrease In Contract With Customer Asset
Increase Decrease In Accounts Receivable
Increase Decrease In Accounts Payable Trade

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Weighted Average Number Of Shares Outstanding Basic143.5M77.1M45.9M
Weighted Average Number Of Diluted Shares Outstanding149.3M147.3M145.9M
Earnings Per Share Diluted$3.47$3.37$0.02
Earnings Per Share Basic$3.55$3.97$0.02

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q4 2023Q3 2023Q2 2023Q1 2023
Weighted Average Number Of Shares Outstanding Basic148.4M148.0M147.6M143.7M143.5M142.1M62.1M61.7M46.4M45.9M
Weighted Average Number Of Diluted Shares Outstanding153.9M152.0M150.9M149.0M149.1M149.2M147.3M147.1M146.9M145.9M
Earnings Per Share Diluted$0.85$0.97$1.04$0.79$0.79$0.84$0.87$0.55$0.43$0.02
Earnings Per Share Basic$0.88$0.99$1.06$0.80$0.80$0.86$0.67$0.64$0.44$0.02

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$118.9M$56.8M$28.9M
Contract With Customer Asset Net Current$397.1M$298.0M$292.4M
Net Transfers From To Parent$0.00$8.3M-$24.2M$8.7M-$427.7M
Capital Expenditures Incurred But Not Yet Paid
Additional Paid In Capital$4.03B$0.00
Pre Initial Public Offer Distribution To Noncontrolling Interest Holders$6.1M$66.9M$175.0M$0.00
Net Income Prior To Reorganization Transactions$0.00$0.00$117.7M$50.9M$124.3M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q4 2022Q2 2022Q4 2021
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$33.9M$31.7M$22.3M$27.0M$29.9M$21.9M$27.0M$12.8M$18.2M$8.6M$940.0K$842.0K
Contract With Customer Asset Net Current$443.4M$425.3M$384.7M$405.9M$279.0M$360.0M$361.9M$351.5M$304.8M$320.1M$267.7M
Net Transfers From To Parent$0.00$309.0K
Capital Expenditures Incurred But Not Yet Paid$1.4M$612.0K$155.0K$116.0K
Additional Paid In Capital$4.27B$4.24B$4.21B$4.19B$4.12B$4.10B$4.07B$154.9M$672.1M$0.00
Pre Initial Public Offer Distribution To Noncontrolling Interest Holders$3.0M$5.3M$0.00
Net Income Prior To Reorganization Transactions

Most recent annual filing with the SEC: May 22, 2025

Data sourced from SEC EDGAR public filings as of August 7, 2026.