Following the November 2025 name change from Nextracker to Nextpower, the company has been building a platform that reaches beyond trackers into foundations, controls, eBOS, frames and power conversion.
English-language coverage often treats the company as a pure tracker supplier. Its FY2026 filing still shows trackers as the large majority of revenue, but the share of non-tracker business has been rising.
This profile is the entity page that other articles link to, so its fiscal-year conventions matter.
What the company does
The share timeline
Eleven consecutive years as the shipment-share leader, with about 40 GWdc and roughly 30 percent in the 2026 report. We separate that market statistic from company-reported deliveries.
The 2026 record
Acquisition record
Origami Solar, Zigor-Apex, Prevalon and Zimmermann form a 2024-2026 sequence. We list each with its status rather than a single 'expansion' statement.
Fiscal year discipline
FY2026 runs from April 2025 to March 2026. Revenue, 45X credits, backlog and segment mix all use that period; they are never combined with calendar-year market data.
Data box
| Field | Value as reported |
|---|---|
| Ticker | NXT |
| Name change | 12 November 2025 |
| FY2026 revenue | USD 3.56 billion |
| FY2026 deliveries | About 38 GW |
| 45X credits | USD 379.9 million |
| Backlog | Above USD 5.5 billion |
| Tracker revenue share | About 88 percent |
All figures above are quoted with the unit and reference period used by the primary source. They are reproduced here for reference, not independently re-measured.
Where the numbers stop: verification note
FY2026 is April 2025 to March 2026, not a calendar year. FY2027 Q1 figures must be checked against the 10-Q. The November 2025 name change is background, not a 2026 news event.
What to watch next
The FY2027 filings for the non-tracker revenue share and purchase accounting for recent acquisitions.
Primary sources
- Nextpower SEC filings: FY2026 10-K, FY2027 Q1 10-Q
- Nextpower IR press releases and corporate name change filing
- Wood Mackenzie 2026 share report
Researched and written by the solarrack.wiki editorial desk. Every figure in this article carries a source and a verification note; where a claim could not be confirmed against a primary document, it is labelled as such. Corrections: [email protected]
