v3.25.4
Unaudited condensed consolidated statements of operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]        
Revenue $ 909,352 $ 679,363 $ 2,678,873 $ 2,034,855
Cost of sales 621,220 438,460 1,816,155 1,331,717
Gross profit 288,132 240,903 862,718 703,138
Selling, general and administrative expenses 82,733 70,573 241,295 203,527
Research and development 29,294 20,094 77,743 55,806
Operating income 176,105 150,236 543,680 443,805
Interest expense 339 3,798 2,285 10,743
Other income, net (4,733) (13,778) (12,796) (16,292)
Income before income taxes 180,499 160,216 554,191 449,354
Provision for income taxes 49,263 42,842 118,911 89,922
Net income 131,236 117,374 435,280 359,432
Less: Net income attributable to non-controlling interests 0 2,091 0 7,058
Net income attributable to Nextpower Inc. $ 131,236 $ 115,283 $ 435,280 $ 352,374
Earnings per share attributable to Nextpower Inc. common stockholders        
Basic (in USD per share) $ 0.88 $ 0.80 $ 2.94 $ 2.46
Diluted (in USD per share) $ 0.85 $ 0.79 $ 2.86 $ 2.41
Weighted-average shares used in computing per share amounts:        
Basic (in shares) 148,414,202 143,663,514 147,806,164 143,102,231
Diluted (in shares) 153,921,077 149,027,858 152,061,765 149,134,004