Nextpower Inc. income statement
In fiscal 2026, Nextpower Inc. reported revenue of $3.56bn, up 20.3% on the year before, operating income of $697m (a 19.6% margin) and net income of $586m, or $3.84 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMOct 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,196 | 1,458 | 1,902 | 2,500 | 2,959 | 3,559 | 3,834 |
| Cost of revenue | 964 | 1,311 | 1,615 | 1,687 | 1,950 | 2,399 | 2,568 |
| Gross profit | 232 | 147 | 287 | 813 | 1,009 | 1,160 | 1,267 |
| Research and development | 13 | 14 | 22 | 42 | 79 | 121 | 163 |
| Selling, general and administrative | 60 | 67 | 97 | 184 | 290 | 342 | 376 |
| Operating income | 159 | 66 | 168 | 587 | 639 | 697 | 728 |
| Provision for credit losses | 2 | −1 | 1 | 2 | −2 | 1 | — |
| Income before tax | 158 | 65 | 169 | 608 | 648 | 714 | 754 |
| Income tax | 34 | 14 | 48 | 112 | 131 | 128 | 141 |
| Net income | 0 | 0 | 1 | 306 | 509 | 586 | 613 |
| Diluted EPS | — | — | $0.02 | $3.37 | $3.47 | $3.84 | $3.97 |
| Diluted shares (average) | — | — | 146m | 147m | 149m | 153m | 154m |
| EBITDA | 175 | 77 | 173 | 591 | 653 | 728 | 769 |
| Quarter | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jul 2026 | 2027 Q2Oct 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 679 | 924 | 864 | 905 | 909 | 881 | 935 | 1,109 |
| Cost of revenue | 438 | 619 | 583 | 612 | 621 | 583 | 599 | 764 |
| Gross profit | 241 | 306 | 282 | 293 | 288 | 297 | 336 | 345 |
| Research and development | 20 | 24 | 22 | 27 | 29 | 43 | 45 | 46 |
| Selling, general and administrative | 71 | 87 | 74 | 85 | 83 | 101 | 100 | 92 |
| Operating income | 150 | 195 | 186 | 181 | 176 | 154 | 191 | 208 |
| Income before tax | 160 | 199 | 191 | 183 | 180 | 160 | 199 | 215 |
| Income tax | 43 | 41 | 34 | 36 | 49 | 9 | 34 | 50 |
| Net income | 115 | 157 | 157 | 147 | 131 | 151 | 165 | 165 |
| Diluted EPS | $0.79 | $1.06 | $1.04 | $0.97 | $0.85 | $0.98 | $1.07 | $1.08 |
| EBITDA | 155 | 200 | 192 | 189 | 185 | 163 | 200 | 222 |
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