Nextpower Inc.

NasdaqGS:NXT Stock Report

Market Cap: US$13.1b

Nextpower Management

Management criteria checks 2/4

Nextpower's CEO is Dan Shugar, appointed in Feb 2023, has a tenure of 2.75 years. total yearly compensation is $20.10M, comprised of 4.3% salary and 95.7% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $30.61M. The average tenure of the management team and the board of directors is 2.8 years and 2.2 years respectively.

Key information

Dan Shugar

Chief executive officer

US$20.1m

Total compensation

CEO salary percentage4.29%
CEO tenure2.8yrs
CEO ownership0.2%
Management average tenure2.8yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

Why Nextracker's Platform Shift Changes Everything

Oct 26

Nextracker Inc. (NASDAQ:NXT) Shares Could Be 27% Below Their Intrinsic Value Estimate

Aug 07
Nextracker Inc. (NASDAQ:NXT) Shares Could Be 27% Below Their Intrinsic Value Estimate

Nextracker (NASDAQ:NXT) Is Reinvesting At Lower Rates Of Return

Jul 03
Nextracker (NASDAQ:NXT) Is Reinvesting At Lower Rates Of Return

Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest

May 29
Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest

Nextracker: An Opportunity That Shines In The Sun

Apr 18

Nextracker: Backlog Growth Creates Future Visibility

Mar 27

Is Nextracker Inc. (NASDAQ:NXT) Trading At A 41% Discount?

Mar 24
Is Nextracker Inc. (NASDAQ:NXT) Trading At A 41% Discount?

Nextracker Looks Like A Buy -- But Maybe Not An Easy Buy

Mar 13

These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely

Feb 26
These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely

Nextracker: Everything Is Set To Improve Results

Jan 28

Why The 37% Return On Capital At Nextracker (NASDAQ:NXT) Should Have Your Attention

Jan 27
Why The 37% Return On Capital At Nextracker (NASDAQ:NXT) Should Have Your Attention

Nextracker Inc: Well Positioned To Capitalize On Growing Solar Energy Demand

Jan 18

Does Nextracker (NASDAQ:NXT) Have A Healthy Balance Sheet?

Nov 26
Does Nextracker (NASDAQ:NXT) Have A Healthy Balance Sheet?

Nextracker: Tracking Well On Quality Metrics

Nov 11

Nextracker: Market Leadership And Growth Prospects Make It A Buy

Oct 24
User avatar

Solar Innovations And Decisive Acquisitions Fuel Robust Growth And Market Expansion

Expansion into international markets and strategic acquisitions like Ojjo and Solar Pile International signal robust demand and potential for increased market share.

Nextracker: Tracking, Not Buying

Aug 27

Nextracker: Competitive Pressures Should Compress Margins Over Time

Jun 18

Nextracker: Rising Star In The Solar Industry

May 16

CEO Compensation Analysis

How has Dan Shugar's remuneration changed compared to Nextpower's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 26 2025n/an/a

US$576m

Jun 27 2025n/an/a

US$545m

Mar 31 2025US$20mUS$863k

US$509m

Dec 31 2024n/an/a

US$558m

Sep 27 2024n/an/a

US$484m

Jun 28 2024n/an/a

US$408m

Mar 31 2024US$21mUS$850k

US$306m

Dec 31 2023n/an/a

US$102m

Sep 29 2023n/an/a

US$61m

Jun 30 2023n/an/a

US$22m

Mar 31 2023US$9mUS$461k

US$1m

Dec 31 2022n/an/a

US$6m

Sep 30 2022n/an/a

US$18m

Jul 01 2022n/an/a

US$34m

Mar 31 2022US$1mUS$415k

US$51m

Compensation vs Market: Dan's total compensation ($USD20.10M) is above average for companies of similar size in the US market ($USD13.47M).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.

CEO

Dan Shugar (61 yo)

2.8yrs
Tenure
US$20,097,412
Compensation

Mr. Daniel S. Shugar, also known as Dan, has been the Chief Executive Officer and Director of Nextpower Inc. (formerly known as Nextracker Inc.) since February 8, 2023. He is the Co-Founder of legacy Nextp...

Leadership Team

NamePositionTenureCompensationOwnership
Daniel Shugar
Co-Founder2.8yrsUS$20.10m0.23%
$ 30.6m
Howard Wenger
Director & President2.8yrsUS$10.77m0.081%
$ 10.6m
Nicholas Miller
Co-Founder & COO2.8yrsUS$6.26m0.11%
$ 14.9m
Charles Boynton
Chief Financial Officer1.5yrsUS$18.74m0.019%
$ 2.5m
David Bennett
Chief Accounting Officer1.5yrsUS$2.84m0.023%
$ 3.0m
Bruce Ledesma
Chief Legal & Compliance Officer and Secretaryless than a yearUS$6.94m0.0020%
$ 265.3k
Marco Garcia
Co-Founder & Chief Commercial Officerno datano datano data
Alex Au
Co-Founder & CTOno datano datano data
Mike Mehawich
Co-Founder & Chief Strategy Officerno datano datano data
Mary Lai
Vice President of IR & Financial Communicationsno datano datano data
Kristan Kirsh
Vice President of Global Marketingno datano datano data
Lance Turner
Chief Human Resources Manager3yrsno datano data
2.8yrs
Average Tenure
57yo
Average Age

Experienced Management: NXT's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Daniel Shugar
Co-Founder2.8yrsUS$20.10m0.23%
$ 30.6m
Howard Wenger
Director & President1.8yrsUS$10.77m0.081%
$ 10.6m
Willy C. Shih
Independent Director2.8yrsUS$252.50k0.031%
$ 4.1m
William D. Watkins
Independent Chairman2.8yrsUS$330.00k0.015%
$ 1.9m
Julie Blunden
Independent Director1.8yrsUS$240.00k0.0040%
$ 529.4k
Mark Menezes
Independent Directorless than a yearno datano data
Jeffrey Guldner
Independent Director1.4yrsUS$232.43k0.0028%
$ 367.3k
Steven Mandel
Independent Director2.8yrsno datano data
Monica Karuturi
Independent Directorless than a yearno data0.00028%
$ 36.6k
Brandi Thomas
Independent Director2.6yrsUS$252.50k0.0060%
$ 783.0k
2.2yrs
Average Tenure
61yo
Average Age

Experienced Board: NXT's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/14 17:14
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/26
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nextpower Inc. is covered by 36 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin KalloBaird
Christine ChoBarclays
null nullBMO Capital Markets Equity Research