Earnings summaries and quarterly performance for Nextpower.
Executive leadership at Nextpower.
Board of directors at Nextpower.
Research analysts who have asked questions during Nextpower earnings calls.
BL
Brian Lee
Goldman Sachs Group, Inc.
6 questions for NXT
Also covers: ARRY, AYI, CCJ +19 more
Dimple Gosai
Bank of America
6 questions for NXT
Also covers: ARRY, BE, CWEN +6 more
PS
Philip Shen
ROTH MKM
6 questions for NXT
Also covers: ARRY, CSIQ, DQ +12 more
PS
Praneeth Satish
Wells Fargo
6 questions for NXT
Also covers: ARIS, CSIQ, ENB +11 more
BK
Ben Kallo
Robert W. Baird & Co.
5 questions for NXT
Also covers: ALB, AMRC, BE +15 more
Mark W. Strouse
J.P. Morgan Chase & Co.
5 questions for NXT
Also covers: ARRY, BE, BEP +15 more
DN
Dylan Nassano
Wolfe Research
4 questions for NXT
Also covers: ARRY, ENPH, FLNC +5 more
Julien Dumoulin-Smith
Jefferies
4 questions for NXT
Also covers: AEE, AEP, AES +54 more
JO
Joseph Osha
Guggenheim Partners
3 questions for NXT
Also covers: AMRC, ARRY, CHPT +11 more
KH
Kashy Harrison
Piper Sandler
3 questions for NXT
Also covers: AMRC, ARRY, BE +13 more
Corinne Blanchard
Deutsche Bank
2 questions for NXT
Also covers: CSTM, CWEN, GWH +5 more
JL
Jordan Levy
Truist Securities
2 questions for NXT
Also covers: AMTX, ARRY, BLDP +10 more
SM
Sean Milligan
Gen
2 questions for NXT
Also covers: AIRJ, ENVX, GNRC +2 more
AM
Ajith Madeley
Mizuho Financial Group
1 question for NXT
AT
Ameet Thakkar
BMO Capital Markets
1 question for NXT
Also covers: BE, BLDP, FLNC +6 more
BK
Benjamin Kallo
Robert W. Baird & Co.
1 question for NXT
Also covers: DAR, MP, QS
CC
Christine Cho
Goldman Sachs Group
1 question for NXT
Also covers: BEP, BEPC, BLMN +22 more
JK
Jonathan Kees
Daiwa Capital Markets
1 question for NXT
JW
Jonathan Windham
UBS
1 question for NXT
Also covers: ARRY, FLNC, GNRC +1 more
MM
Maheep Mandloi
Mizuho Financial Group
1 question for NXT
Also covers: ARRY, BE, CSIQ +10 more
Moses Sutton
BNP Paribas
1 question for NXT
Also covers: FSLR, GEV, HASI +3 more
Sean McLoughlin
HSBC
1 question for NXT
Also covers: ABBN.SW, ABBNY, ABLZF +1 more
SF
Steven Fox
Fox Research
1 question for NXT
Also covers: AMKR, APH, BDC +23 more
Vikram Bagri
Citigroup Inc.
1 question for NXT
Also covers: AMPS, ARRY, CSIQ +7 more
Recent press releases and 8-K filings for NXT.
Next Tracker Discusses Growth Outlook, Product Innovation, and Domestic Manufacturing at Wells Fargo Symposium
NXT
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
- The company is rebranding from Next Tracker to NextPower and projects its non-tracker business to grow at a 40% Compound Annual Growth Rate (CAGR), contributing one-third of total revenue by fiscal year 2030.
- Key product launches include PowerMerge (eBOS, shipping summer FY 2025) and a Power Conversion product (inverter, Beta this summer, GA shortly after), with a strategic focus on Made in America manufacturing to capitalize on domestic content benefits and 45X credits.
- The non-tracker market opportunity is estimated to be two times the size of the tracker market, with the US steel frames market alone representing a $750 million to $1 billion Total Addressable Market (TAM).
- The company notes a favorable US policy environment and robust demand for solar, driven by the country's power deficit, and expects solar to be the dominant form of electricity long-term.
Dec 9, 2025, 4:00 PM
Nextpower Outlines Fiscal 2030 Growth Targets and Product Innovations
NXT
Guidance Update
Product Launch
New Projects/Investments
- Nextpower (formerly Nextracker) projects its non-tracker business to achieve a 40% Compound Annual Growth Rate (CAGR), increasing its revenue contribution from 10% today to one-third by fiscal 2030.
- The company is launching new products, including the PowerMerge eBOS product expected to ship this summer (FY 2025) and a U.S.-made power conversion product (inverter) with Beta testing anticipated this summer.
- Nextpower is innovating in foundations and frames, promoting steel frames over aluminum for enhanced structural integrity and robotic installation capabilities, targeting a U.S. Total Addressable Market (TAM) of $750 million to $1 billion for steel frames.
- The company highlights its significant U.S. manufacturing footprint, with over 40 sites, and a strategic shift to domestic steel, leveraging domestic content benefits and strong demand for solar energy.
Dec 9, 2025, 4:00 PM
Nextpower Outlines 2030 Growth Strategy and Product Innovations
NXT
Product Launch
New Projects/Investments
Guidance Update
- Nextpower (formerly Nextracker) projects its non-tracker business to achieve a 40% CAGR through fiscal year 2030, aiming for non-tracker revenue to represent one-third of total revenue, up from approximately 10% today.
- The company is expanding its product portfolio with new offerings, including the PowerMerge eBOS product expected to ship in summer 2025, and a power conversion product (inverter) currently in Alpha testing, with Beta expected in summer 2025 and general availability shortly thereafter.
- Nextpower is heavily focused on domestic manufacturing for products like trackers, eBOS, power conversion, and steel frames, to leverage domestic content benefits, reduce tariffs, and support a robust U.S. supply chain.
- Innovations in foundations and frames are expected to drive cost reduction and performance improvements, with a focus on using less steel, enabling robotic installation, and reducing attachment parts from 18 to 2.
Dec 9, 2025, 4:00 PM
Nextpower Doubles Solar Tracker Manufacturing in Southeast U.S.
NXT
New Projects/Investments
Hiring
- Nextpower (NXT) has expanded its Southeast regional hub in Nashville, Tennessee, and added a new manufacturing line in Memphis, doubling its output for solar tracker systems used in utility-scale solar power plants.
- This expansion supports the growing solar market in the Southeast, which added 5 GW of solar capacity in 2024 and is projected to reach 54 GW by 2030.
- The increased manufacturing capacity will help meet demand from companies like Silicon Ranch, which plans to double its 4 GW of solar capacity within the next three years.
- The new fabrication line is expected to increase skilled U.S. jobs from 120 to approximately 150.
Dec 3, 2025, 12:30 PM
Nextracker rebrands to Nextpower, outlines long-term growth strategy and financial targets
NXT
Product Launch
Guidance Update
New Projects/Investments
- Nextracker has rebranded to Nextpower, signaling a strategic shift from a pure-play tracker company to an integrated clean energy technology platform offering a broader range of products and services.
- The company provided a fiscal year 2026 outlook for revenue between $3.275 billion and $3.475 billion, adjusted EBITDA between $775 million and $815 million, and adjusted free cash flow between $400 million and $500 million.
- Nextpower set a fiscal year 2030 target for revenue of $4.8 billion to $5.6 billion, adjusted EBITDA of $1.1 billion to $1.3 billion, and adjusted free cash flow of $800 million to $1 billion.
- The company expects new products and services, including foundations, electrical balance systems, and inverters, to comprise one-third of total revenue by 2030, growing at a significantly faster rate than the core tracker business.
- Nextpower maintains a strong financial position with no debt and $845 million in cash on its balance sheet, while continuing to invest heavily in R&D and M&A to drive future growth.
Nov 12, 2025, 5:00 PM
NXT Rebrands to Next Power, Unveils Integrated Platform Strategy and Long-Term Financial Targets
NXT
Product Launch
New Projects/Investments
Guidance Update
- NextTracker is rebranding to Next Power and expanding its offerings from a pure-play tracker company to an integrated clean energy power plant platform, encompassing foundations, electrical balance of systems (eBOS), and software and services.
- This new platform is expected to provide an additional 8% reduction in the levelized cost of energy (LCOE), leading to a 15% net LCOE benefit and tripling the company's wallet share opportunity from 9% of the total capital cost stack.
- The company provided a long-term financial outlook, targeting $4.8 billion to $5.6 billion in revenue and $1.1 billion to $1.3 billion in EBITDA by fiscal year 2030.
- Next Power plans substantial investments, including over $100 million in R&D for fiscal year 2026 and an additional $500 million in R&D by 2030, to drive organic growth and product innovation.
Nov 12, 2025, 5:00 PM
Nextracker Rebrands to Nextpower, Unveils New Product Line and FY30 Financial Targets
NXT
Product Launch
New Projects/Investments
Guidance Update
- Nextracker has rebranded to Nextpower, reflecting its transformation into a global supplier of fully integrated energy technology solutions, expanding beyond solar tracking.
- As part of its expanded technology platform, Nextpower announced the development of a new line of utility-scale power conversion systems, with first shipments expected in 2026.
- The company reaffirmed its FY26 outlook and announced its FY27 outlook and long-term financial targets, projecting $4.8 billion to $5.6 billion in revenue by FY30.
- Approximately one-third of the FY30 revenue is anticipated to come from sales of non-tracker products and services.
Nov 12, 2025, 2:15 PM
Nextracker Rebrands as Nextpower, Expands Integrated Power Technology Offerings
NXT
Product Launch
New Projects/Investments
Guidance Update
- Nextracker Inc. has rebranded to Nextpower Inc., effective November 12, 2025, reflecting its transformation into a global supplier of integrated energy technology solutions.
- The company is developing a new line of utility-scale power conversion systems (PCS), with initial shipments anticipated in 2026, expanding its portfolio beyond solar tracking.
- Nextpower projects revenue between $4.8 billion and $5.6 billion by FY30, with approximately one-third of this revenue expected from non-tracker products and services.
- The company will retain its Nasdaq ticker symbol NXT and continue with its current executive leadership team.
Nov 12, 2025, 1:32 PM
Nextracker Reports Strong Q2 Results and Raises FY2026 Guidance
NXT
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Nextracker Inc. reported strong second-quarter results that exceeded expectations, driven by robust demand across U.S. and international markets and momentum from recently acquired businesses.
- The company raised its fiscal 2026 revenue forecast to between $3.275 billion and $3.475 billion, reflecting approximately 14% year-on-year growth, and also increased its adjusted EBITDA and EPS guidance.
- Bookings reached a record backlog above $5 billion.
- Nextracker's non-GAAP gross margin reached 33.1%, and analysts from Goldman Sachs and TD Cowen raised their price targets following the impressive quarter.
Oct 24, 2025, 5:04 PM
Nextracker and Abunayyan Holding Form Joint Venture in Saudi Arabia
NXT
New Projects/Investments
M&A
- Nextracker and Abunayyan Holding have established a joint venture named Nextracker Arabia, headquartered in Riyadh, to accelerate solar adoption and localize manufacturing, sales, engineering, and operations in Saudi Arabia and the MENA region.
- This partnership aligns with Saudi Vision 2030 goals, aiming to diversify the economy, strengthen local industry, and achieve a clean energy target of 130 GW by 2030.
- Nextracker Arabia is expected to launch operations in early 2026 and will leverage Nextracker's track record, including over 3 GW of solar projects delivered in Saudi Arabia.
- The announcement follows Nextracker's strong financial performance, with its stock surging over 10% post-market after better-than-expected Q2 earnings and revenue, and raised fiscal year 2026 earnings guidance.
Oct 24, 2025, 12:55 AM
Quarterly earnings call transcripts for Nextpower.
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