NXTNextpower Inc.
Semiconductors & Related Devices
- Revenue
- $3.6B
- 20% YoY
- Operating margin
- 19.6%
- 9.3% YoY
- EBITDA
- $728M
- 12% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -1.7×
- −$1.2B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear96% of net incomeCash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear11% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.9B | $2.5B | $3.0B | $3.6B | 20% |
| Operating income | $66M | $168M | $587M | $639M | $697M | 9.1% |
| Net income | $0 | $121M | $496M | $517M | $586M | 13% |
| Operating cash flow | −$147M | $108M | $429M | $656M | $563M | 14% |
| Capex | $6M | $3M | $6M | $34M | $49M | 45% |
| Stock-based comp | $3M | $32M | $57M | $119M | $120M | 1.2% |
| Buybacks | $0 | $694M | $0 | $0 | $395K |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $22M | $64M | 396 | 132 |
| FY2025 | $20M | $35M | 138 | 100 |
| FY2024 | $21M | $23M | 185 | 97 |
| FY2023 | $9M | $12M | 119 | 99 |