Income Statement Snapshot

Nextpower Inc.’s top-line, gross profit, operating income, and bottom-line conversion. Values are shown in USD millions.

Revenue

FY2026

25.0% CAGR

$3.6B

CAGR 25.0% (FY2022 to FY2026)

Gross Profit

FY2026

67.6% CAGR

$1.2B

CAGR 67.6% (FY2022 to FY2026)

Operating Income

FY2026

80.4% CAGR

$697.3M

CAGR 80.4% (FY2022 to FY2026)

Net Income

FY2026

Latest filing

$585.9M

Latest annual filing: FY2026

All values shown in USD millions unless noted otherwise.

Expanded Line Items

The full annual income statement layer for Nextpower Inc..
Values are displayed in USD millions, except per-share and share-count rows.

Line Item	2026	2025	2024	2023	2022
Total Revenue	$3,559	$2,959	$2,500	$1,902	$1,458
Cost of Revenue	$2,399	$1,950	$1,687	$1,615	$1,311
Gross Profit	$1,160	$1,009	$813	$287	$147
Research & Development	$121	$79	$42	$22	$14
Selling, General & Administrative	$342	$290	$184	$97	$67
Operating Income	$697	$639	$587	$168	$66
Other Non-Operating Income (Expense)	$19	$22	$35	$2	-$1
Pretax Income	$714	$648	$608	$169	$65
Income Tax Expense (Benefit)	$128	$131	$112	$48	$14
Net Income	$586	$509	$306	$1	$0
Basic EPS	$3.96	$3.55	$3.97	$0.02	N/A
Diluted EPS	$3.84	$3.47	$3.37	$0.02	N/A
Basic Average Shares	148.0M	143.5M	77.1M	45.9M	N/A
Diluted Average Shares	152.7M	149.3M	147.3M	145.9M	N/A
Filing	10-K	10-K	10-K	10-K	10-K

Expanded annual statement lines sourced from SEC Edgar Database for Nextpower Inc.

Margins

Profitability Conversion

Track how much of revenue survives through gross profit,operating income, and net income across the annual reporting window.

Gross Margin

FY2026

vs FY2022

32.6%

Change vs FY2022: +2251 bps

Operating Margin

FY2026

vs FY2022

19.6%

Change vs FY2022: +1507 bps

Net Margin

FY2026

vs FY2022

16.5%

Change vs FY2022: +1646 bps

Observation Window

FY2022 to FY2026

5 years

5 Years

Profitability profile tracked across FY2022 through FY2026.

Margin Table

Side-by-side read of gross, operating, and net margin.

Margin Trends

Read the shape of profitability with either a discrete bar view or a cleaner line trajectory.

Margins are calculated from annual SEC facts using reported revenue as the denominator.

YoY Change

Annual Momentum

Compare the latest fiscal year against the immediately prior period across every headline income statement line.

Revenue YoY

FY2026 vs FY2025

YoY change

+20.3%

FY2026 versus FY2025

Gross Profit YoY

FY2026 vs FY2025

YoY change

+15.0%

FY2026 versus FY2025

Op. Income YoY

FY2026 vs FY2025

YoY change

+9.1%

FY2026 versus FY2025

Net Income YoY

FY2026 vs FY2025

YoY change

+15.1%

FY2026 versus FY2025

YoY Table

Negative values are highlighted to make slowdowns obvious.

Metric	2026	2025	2024	2023	2022
Revenue Growth %	+20.3%	+18.4%	+31.4%	+30.5%	N/A
Gross Profit Growth %	+15.0%	+24.1%	+183.3%	+95.2%	N/A
Operating Income Growth %	+9.1%	+8.9%	+248.5%	+155.6%	N/A
Net Income Growth %	+15.1%	+66.3%	+26692.7%	N/A	N/A
Filing	10-K	10-K	10-K	10-K	10-K

Momentum Chart

The most direct way to see whether the business is accelerating or rolling over.

YoY change compares each annual period against the immediately prior year inside the selected window.

CAGR

Through-Cycle Growth

Compounded annual growth rate from FY2022 to FY2026, useful for filtering out one-year noise.

Revenue CAGR

FY2022 to FY2026

4-yr CAGR

25.0%

Compounded annual growth across FY2022 to FY2026.

Gross Profit CAGR

FY2022 to FY2026

4-yr CAGR

67.6%

Compounded annual growth across FY2022 to FY2026.

Op. Income CAGR

FY2022 to FY2026

4-yr CAGR

80.4%

Compounded annual growth across FY2022 to FY2026.

Net Income CAGR

FY2022 to FY2026

4-yr CAGR

N/A

Compounded annual growth across FY2022 to FY2026.

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Income Statement Snapshot

Nextpower Inc.’s top-line, gross profit, operating income, and bottom-line conversion. Values are shown in USD millions.

Revenue

FY2026

25.0% CAGR

$3.6B

CAGR 25.0% (FY2022 to FY2026)

Gross Profit

FY2026

67.6% CAGR

$1.2B

CAGR 67.6% (FY2022 to FY2026)

Operating Income

FY2026

80.4% CAGR

$697.3M

CAGR 80.4% (FY2022 to FY2026)

Net Income

FY2026

Latest filing

$585.9M

Latest annual filing: FY2026

All values shown in USD millions unless noted otherwise.

Expanded Line Items

The full annual income statement layer for Nextpower Inc..
Values are displayed in USD millions, except per-share and share-count rows.

Line Item	2026	2025	2024	2023	2022
Total Revenue	$3,559	$2,959	$2,500	$1,902	$1,458
Cost of Revenue	$2,399	$1,950	$1,687	$1,615	$1,311
Gross Profit	$1,160	$1,009	$813	$287	$147
Research & Development	$121	$79	$42	$22	$14
Selling, General & Administrative	$342	$290	$184	$97	$67
Operating Income	$697	$639	$587	$168	$66
Other Non-Operating Income (Expense)	$19	$22	$35	$2	-$1
Pretax Income	$714	$648	$608	$169	$65
Income Tax Expense (Benefit)	$128	$131	$112	$48	$14
Net Income	$586	$509	$306	$1	$0
Basic EPS	$3.96	$3.55	$3.97	$0.02	N/A
Diluted EPS	$3.84	$3.47	$3.37	$0.02	N/A
Basic Average Shares	148.0M	143.5M	77.1M	45.9M	N/A
Diluted Average Shares	152.7M	149.3M	147.3M	145.9M	N/A
Filing	10-K	10-K	10-K	10-K	10-K

Expanded annual statement lines sourced from SEC Edgar Database for Nextpower Inc.

Margins

Profitability Conversion

Track how much of revenue survives through gross profit,operating income, and net income across the annual reporting window.

Gross Margin

FY2026

vs FY2022

32.6%

Change vs FY2022: +2251 bps

Operating Margin

FY2026

vs FY2022

19.6%

Change vs FY2022: +1507 bps

Net Margin

FY2026

vs FY2022

16.5%

Change vs FY2022: +1646 bps

Observation Window

FY2022 to FY2026

5 years

5 Years

Profitability profile tracked across FY2022 through FY2026.

Margin Table

Side-by-side read of gross, operating, and net margin.

Margin Trends

Read the shape of profitability with either a discrete bar view or a cleaner line trajectory.

Margins are calculated from annual SEC facts using reported revenue as the denominator.

YoY Change

Annual Momentum

Compare the latest fiscal year against the immediately prior period across every headline income statement line.

Revenue YoY

FY2026 vs FY2025

YoY change

+20.3%

FY2026 versus FY2025

Gross Profit YoY

FY2026 vs FY2025

YoY change

+15.0%

FY2026 versus FY2025

Op. Income YoY

FY2026 vs FY2025

YoY change

+9.1%

FY2026 versus FY2025

Net Income YoY

FY2026 vs FY2025

YoY change

+15.1%

FY2026 versus FY2025

YoY Table

Negative values are highlighted to make slowdowns obvious.

Metric	2026	2025	2024	2023	2022
Revenue Growth %	+20.3%	+18.4%	+31.4%	+30.5%	N/A
Gross Profit Growth %	+15.0%	+24.1%	+183.3%	+95.2%	N/A
Operating Income Growth %	+9.1%	+8.9%	+248.5%	+155.6%	N/A
Net Income Growth %	+15.1%	+66.3%	+26692.7%	N/A	N/A
Filing	10-K	10-K	10-K	10-K	10-K

Momentum Chart

The most direct way to see whether the business is accelerating or rolling over.

YoY change compares each annual period against the immediately prior year inside the selected window.

CAGR

Through-Cycle Growth

Compounded annual growth rate from FY2022 to FY2026, useful for filtering out one-year noise.

Revenue CAGR

FY2022 to FY2026

4-yr CAGR

25.0%

Compounded annual growth across FY2022 to FY2026.

Gross Profit CAGR

FY2022 to FY2026

4-yr CAGR

67.6%

Compounded annual growth across FY2022 to FY2026.

Op. Income CAGR

FY2022 to FY2026

4-yr CAGR

80.4%

Compounded annual growth across FY2022 to FY2026.

Net Income CAGR

FY2022 to FY2026

4-yr CAGR

N/A

Compounded annual growth across FY2022 to FY2026.

Commentary on Nextpower Inc. Performance

Over the past five years, Nextpower Inc. has demonstrated robust revenue growth and significantly improved profitability. From 2022 to 2026, revenues increased from approximately 1,457.6 million USD to 3,559.4 million USD—more than doubling over the period. This upward trend is mirrored in the gross profit, which increased from only 147.0 million USD in 2022 to 1,160.1 million USD in 2026, suggesting not only higher sales but an expanding margin profile. The operating income saw a dramatic surge, most notably between 2023 and 2024, where it jumped from 168.5 million USD to 587.1 million USD—a greater than 250% increase. Such a significant rise indicates an enhancement in operational efficiency and potentially better cost management. Net income also followed a similar upward pattern, recovering from near break-even levels in 2022 and early 2023 to reach 585.9 million USD, with particular acceleration in the later years. This data-driven evolution points to a company that has effectively transformed its financial profile, turning early challenges into sustained profitability improvements. The substantial year-over-year swings—especially the over 20% increases seen in revenue and operating income—can likely be attributed to scaling operations, improved market positioning, or favorable economic conditions within their industry. While additional context such as competitive dynamics or sector-specific innovations is needed for a deeper understanding, the consistent growth in key financial metrics suggests that Nextpower Inc. is on a positive trajectory, bolstering its overall financial health and sustainability.

This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.

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Commentary on Nextpower Inc. Performance