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What changed in Nextpower Inc.'s latest annual report

In the year ended 31 Mar 2026, Nextpower Inc.'s revenue rose 20.3% to USD 3.56bn, from USD 2.96bn; net income rose 15.1% to USD 585.88m, from USD 509.17m; shareholders' equity rose 43.4% to USD 2.33bn, from USD 1.63bn.

Year ended 31 Mar 2026. Source: 10-K filed 19 May 2026, read it on SEC EDGAR.

USD 2.96bn to USD 3.56bn

Revenue, up 20.3% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue2.96bn3.56bnUp 20.3%
Net income509.17m585.88mUp 15.1%
Total assets3.19bn4.07bnUp 27.6%
Total liabilities1.56bn1.74bnUp 11.1%
Cash and cash equivalents766.10m1.09bnUp 42.9%
Shareholders' equity1.63bn2.33bnUp 43.4%

Questions people ask

Did Nextpower Inc.'s revenue grow last year?

Revenue grew 20.3%, from USD 2.96bn to USD 3.56bn in the year ended 31 Mar 2026.

Is Nextpower Inc. profitable?

Yes. Net income was USD 585.88m in the year ended 31 Mar 2026. The year before: USD 509.17m.

How much cash and debt does Nextpower Inc. have?

At its latest year end (31 Mar 2026), Nextpower Inc. reported cash and cash equivalents of USD 1.09bn.

Where do these numbers come from?

From Nextpower Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Nextpower Inc. (NXT) 10-K: what changed year on year | LYNORIQ Insights