Nextpower Inc.NXT

Market cap

$13.5B

P/E ratio

	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025
Cash and cash equivalents	130	474	766
Accounts Receivable, after Allowance for Credit Loss, Current	271	383	472
Contract assets	298	397	406
Inventories	138	202	209
Section 45X credit receivable	-	-	216
Other current assets	35	313	88
Total current assets	872	1,768	2,158
Property and equipment, net	7	9	60
Goodwill	265	265	371
Other intangible assets, net	1	2	53
Deferred tax assets	-	-	499
Other assets	-	-	51
Total assets	1,420	2,519	3,193
Accounts payable	211	457	585
Accrued expenses	60	82	97
Deferred revenue	176	226	247
Other current liabilities	48	-	104
Total current liabilities	507	891	1,034
Long-term debt, net of current portion	147	144	-
Tax receivable agreement (TRA) liability	-	-	395
Long-term deferred revenue	-	-	97
Other liabilities	280	491	39
Total liabilities	935	1,527	1,564
Common Class A	0	0	0
Common Class B	0	-	-
Accumulated deficit	-3,076	-3,067	-2,557
Additional paid-in-capital	-	4,028	4,186
Accumulated other comprehensive (loss) income	-	0	-0
Common Class A	0	-	-
Common Class B	0	-	-
Total Nextracker Inc. stockholders’ equity	-3,076	992	1,628
Non-controlling interest	-	31	-
Total stockholders’ equity	-	0	0
Total liabilities and stockholders’ equity	1,420	2,519	3,193