NXTNasdaqSemiconductors & Related DevicesFiscal year ends March 31
Nextpower Inc.
Financials through Q1 FY2027, quarter ended Jul 3, 2026Last filing: 10-Q on Aug 3, 2026
$79.70−0.34 (-0.42%)
Close on Oct 19, 2026
- Market cap
- $12.36B
- P/E (TTM)
- 20.6
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2020 to 2026
Gross margin
32.6%+13.2 pts over 5 years
Operating margin
19.6%+6.3 pts over 5 years
Net margin
16.5%+16.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +20.3% | +23.2% | +24.4% | – | |
| Gross profit | +15.0% | +59.3% | +38.0% | – | |
| Operating income | +9.1% | +60.6% | +34.5% | – | |
| Net income | +15.1% | +700.3% | – | – | |
| EPS, diluted | +10.7% | +476.9% | – | – | |
| Free cash flow | -17.4% | +70.0% | +41.1% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 29.6% | |
| Return on assets | – | – | 16.1% | |
| Current ratio | – | – | 2.45 | |
| Debt to equity | – | – | – | |
| Net debt to EBITDA | – | – | – | |
| Inventory turnover | – | – | 10.2× | |
| Capex to revenue | – | 0.2% | 1.4% | |
| Diluted shares | – | – | 153M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Nextpower generated $1.90B from operations and spent $792.63M on capital expenditure, dividends and share buybacks. 12% of that went back into the business.
Generated
$1.90B
Used
$792.63M
Capital expenditure$98.46M12%Dividends$00%Share buybacks$694.18M88%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin16.5%
×Asset turnover0.98×
×Equity multiplier1.83×
=Return on equity, FY202629.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 16.5% | 0.98× | 1.83× | 29.6% |
| FY2025 | 17.2% | 1.04× | 2.18× | 38.9% |
| FY2024 | 12.3% | 1.27× | -1.89× | -29.4% |
| FY2023 | 0.1% | 1.56× | -0.79× | -0.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$585.88M
- Cash generatingOperating cash flow above zero$562.91M
- Return on assets improvedROA up on the prior year20.2% → 18.4%
- Earnings backed by cashOperating cash flow above net income$562.91M vs $585.88M
- Less leverageLong-term debt to assets fell0.0% → –
- Better liquidityCurrent ratio rose2.09 → 2.45
- No dilutionShare count did not rise149M → 153M
- Gross margin improvedGross margin up on the prior year34.09% → 32.59%
- More efficientAsset turnover rose1.17 → 1.11