Nextpower Inc. (NXT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
6200 PASEO PADRE PARKWAY FREMONT, CA 94555 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 3812 - Search, Detection, Navigation, Guidance, Aeronautical, and Nautical Systems and Instruments (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2025 MRQ | 3/31/2025 | 3/31/2024 | 3/31/2023 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 766 | 474 | 130 | |||
| Cash and cash equivalent | 766 | 474 | 130 | |||
| Receivables | 613 | 383 | 271 | |||
| Inventory, net of allowances, customer advances and progress billings | 209 | 202 | 138 | |||
| Inventory | 209 | 202 | 138 | |||
| Contract with customer, asset, after allowance for credit loss | 406 | 397 | 298 | |||
| Deposits current assets | 50 | |||||
| Other current assets | 88 | 313 | 35 | |||
| Other undisclosed current assets | 25 | |||||
| Total current assets: | 2,158 | 1,768 | 872 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 33 | 17 | 3 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 60 | 9 | 7 | |||
| Intangible asset, including goodwill, after accumulated amortization | 424 | 267 | 266 | |||
| Goodwill | 371 | 265 | 265 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 53 | 2 | 1 | |||
| Deferred income tax assets | 499 | 438 | 255 | |||
| Other undisclosed noncurrent assets | 18 | 19 | 16 | |||
| Total noncurrent assets: | 1,035 | 751 | 547 | |||
| TOTAL ASSETS: | 3,193 | 2,519 | 1,420 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 682 | 539 | 271 | |||
| Accounts payable | 585 | 457 | 211 | |||
| Accrued liabilities | 97 | 82 | 60 | |||
| Deferred revenue | 247 | 226 | 176 | |||
| Other liabilities | 104 | 48 | ||||
| Due to related parties | ✕ | ✕ | ✕ | 12 | ||
| Other undisclosed current liabilities | 127 | |||||
| Total current liabilities: | 1,034 | 891 | 507 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 144 | 147 | ||||
| Long-term debt, excluding current maturities | 144 | 147 | ||||
| Liabilities, other than long-term debt | 136 | 491 | 280 | |||
| Deferred revenue | 97 | |||||
| Other liabilities | 39 | 491 | 280 | |||
| Other undisclosed noncurrent liabilities | 395 | |||||
| Total noncurrent liabilities: | 531 | 635 | 427 | |||
| Total liabilities: | 1,564 | 1,527 | 935 | |||
| Temporary equity, including noncontrolling interest | 3,561 | |||||
| Equity | ||||||
| Equity, attributable to parent, including: | 1,628 | 961 | (3,076) | |||
| Additional paid in capital | 4,186 | 4,028 | ||||
| Accumulated other comprehensive income (loss) | (0) | 0 | ||||
| Accumulated deficit | (2,557) | (3,067) | (3,076) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | |||
| Equity, attributable to noncontrolling interest | 31 | |||||
| Total equity: | 1,628 | 992 | (3,076) | |||
| TOTAL LIABILITIES AND EQUITY: | 3,193 | 2,519 | 1,420 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2025 TTM | 3/31/2025 | 3/31/2024 | 3/31/2023 | ||
|---|---|---|---|---|---|
| Revenues | 2,959 | 2,500 | 1,902 | ||
| Cost of revenue | (1,950) | (1,687) | (1,615) | ||
| Gross profit: | 1,009 | 813 | 287 | ||
| Operating expenses | (370) | (226) | (118) | ||
| Operating income: | 639 | 587 | 168 | ||
| Nonoperating income (Other Nonoperating income) | 22 | 35 | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | |||||
| Income from continuing operations before equity method investments, income taxes: | 661 | 622 | 168 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (13) | (14) | 1 | ||
| Income from continuing operations before income taxes: | 648 | 608 | 169 | ||
| Income tax expense | (131) | (112) | (48) | ||
| Net income: | 517 | 496 | 121 | ||
| Net income (loss) attributable to noncontrolling interest | (8) | (190) | (2) | ||
| Other undisclosed net loss attributable to parent | (118) | ||||
| Net income available to common stockholders, basic: | 509 | 306 | 1 | ||
| Other undisclosed net income (loss) available to common stockholders, diluted | 8 | 190 | |||
| Net income available to common stockholders, diluted: | 517 | 496 | 1 | ||
Comprehensive Income ($ in millions)
| 12/31/2025 TTM | 3/31/2025 | 3/31/2024 | 3/31/2023 | ||
|---|---|---|---|---|---|
| Net income: | 517 | 496 | 121 | ||
| Other comprehensive income (loss) | (0) | 0 | |||
| Other undisclosed comprehensive loss | |||||
| Comprehensive income: | 517 | 496 | 121 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (8) | (190) | |||
| Comprehensive income, net of tax, attributable to parent: | 509 | 306 | 121 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.