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.
8 questions for NXT
Also covers: ARRY, AYI, CCJ +19 more
Dimple Gosai
Bank of America
8 questions for NXT
Also covers: ARRY, BE, CWEN +6 more
PS
Philip Shen
ROTH MKM
8 questions for NXT
Also covers: ARRY, CSIQ, DQ +12 more
PS
Praneeth Satish
Wells Fargo
8 questions for NXT
Also covers: ARIS, CSIQ, ENB +11 more
BK
Ben Kallo
Robert W. Baird & Co.
7 questions for NXT
Also covers: ALB, AMRC, BE +15 more
Mark W. Strouse
J.P. Morgan Chase & Co.
7 questions for NXT
Also covers: ARRY, BE, BEP +15 more
DN
Dylan Nassano
Wolfe Research
6 questions for NXT
Also covers: ARRY, ENPH, FLNC +5 more
Julien Dumoulin-Smith
Jefferies
5 questions for NXT
Also covers: AEE, AEP, AES +55 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
Vikram Bagri
Citigroup Inc.
3 questions for NXT
Also covers: AMPS, ARRY, CSIQ +7 more
Corinne Blanchard
Deutsche Bank
2 questions for NXT
Also covers: CSTM, CWEN, GWH +5 more
JW
Jon Windham
UBS Group AG
2 questions for NXT
Also covers: ARRY, BEP, BEPC +4 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
C
Chantal
Jefferies
1 question for NXT
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: ENPH, FSLR, GEV +4 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
Recent press releases and 8-K filings for NXT.
Nextpower Reports Strong Fiscal Q3 Results and Raises Full-Year Guidance
NXT
Earnings
Guidance Update
Share Buyback
- Nextpower reported strong fiscal Q3 revenue of approximately $909 million, representing a ~34% year-over-year increase, with adjusted EPS of $1.10 and GAAP net income of $131 million.
- The company raised its full-year 2026 revenue outlook to a range of $3.425 billion to $3.5 billion and authorized up to $500 million in share repurchases over three years.
- Nextpower is effectively debt-free with approximately $953 million in cash, and Fitch granted an investment-grade rating.
- Following the results, several analysts, including Mizuho, BofA, and Northland, raised price targets and ratings for Nextpower.
Jan 27, 2026, 11:02 PM
Nextpower Reports Strong Q3 2026 Results, Raises Fiscal Year 2026 Outlook, and Authorizes Share Repurchase Program
NXT
Earnings
Guidance Update
Share Buyback
- Nextpower reported strong financial results for Q3 fiscal year 2026, with revenue growing 34% year-over-year to $909 million and adjusted EBITDA increasing 15% to $214 million.
- The company raised its fiscal year 2026 financial outlook, now expecting revenue between $3.425 billion and $3.5 billion, adjusted EBITDA between $810 million and $830 million, and adjusted diluted EPS in the range of $4.26 to $4.36.
- Nextpower announced the formation of Nextpower Arabia, a joint venture in the Middle East, which will supply 2.25 gigawatts of advanced tracking systems to a large solar project. The company also achieved a formal investment-grade credit rating and authorized a share repurchase program of up to $500 million over three years.
- The company reported record customer bookings and an increased backlog of over $5 billion.
Jan 27, 2026, 10:00 PM
Nextpower Reports Strong Q3 2026 Results, Raises FY 2026 Outlook, and Authorizes Share Repurchase
NXT
Earnings
Guidance Update
Share Buyback
- Nextpower delivered strong financial results for Q3 2026, with revenue growing 34% year-over-year to $909 million and adjusted EBITDA increasing 15% to $214 million.
- The company raised its fiscal year 2026 financial outlook, now expecting revenue between $3.425 billion and $3.5 billion, adjusted EBITDA between $810 million and $830 million, and adjusted diluted EPS in the range of $4.26 to $4.36.
- Nextpower achieved a formal investment-grade credit rating and announced that its board authorized a share repurchase program of up to $500 million over three years.
- The formation of Nextpower Arabia, a joint venture with Abunayyan Holding, was completed, and it will supply 2.25 gigawatts of tracking systems to a major project, with the potential to support up to 12 gigawatts of solar capacity annually.
- The company's backlog reached a new record, exceeding $5 billion, driven by strong bookings, and U.S. revenue increased 63% year-over-year.
Jan 27, 2026, 10:00 PM
Nextpower Reports Strong Q3 2026 Results, Raises FY26 Outlook, and Initiates Share Repurchase Program
NXT
Earnings
Guidance Update
Share Buyback
- Nextpower reported strong financial results for Q3 fiscal year 2026, with revenue growing 34% year-over-year to $909 million and adjusted EBITDA increasing 15% to $214 million.
- The company raised its fiscal year 2026 financial outlook, now expecting revenue between $3.425 billion and $3.5 billion, adjusted EBITDA between $810 million and $830 million, and adjusted diluted EPS in the range of $4.26 to $4.36.
- Nextpower achieved a formal investment-grade credit rating and announced a share repurchase program of up to $500 million over three years.
- The company reported record backlog greater than $5 billion and formed the Nextpower Arabia joint venture in the Middle East, which will supply 2.25 GW of tracking systems.
Jan 27, 2026, 10:00 PM
Nextpower Reports Strong Q3 FY26 Results, Raises FY26 Outlook, and Announces Share Buyback
NXT
Earnings
Guidance Update
Share Buyback
- Nextpower reported Q3 FY26 revenue of $909 million, a 34% year-over-year increase, with GAAP diluted EPS of $0.85 and Adjusted diluted EPS of $1.10.
- The company raised its FY26 financial outlook, now expecting revenue between $3.425 billion and $3.500 billion, GAAP Net Income between $525 million and $540 million, and Adjusted EBITDA between $810 million and $830 million.
- Nextpower achieved an investment grade credit rating from Fitch and authorized a share repurchase program of up to $500 million of common stock over a three-year period.
- Business highlights include rebranding to Nextpower, expanding U.S. operations, achieving a record backlog, and forming the Nextpower Arabia joint venture to address the Middle East and North Africa solar market.
Jan 27, 2026, 9:07 PM
Nextpower Reports Q3 FY26 Financial Results and Raises FY26 Outlook
NXT
Earnings
Guidance Update
Share Buyback
- Nextpower reported revenue of $909 million and adjusted diluted EPS of $1.10 for the third quarter of fiscal year 2026, which ended December 31, 2025.
- The company raised its financial outlook for FY26, now expecting revenue between $3.425 billion and $3.500 billion and adjusted diluted EPS between $4.26 and $4.36.
- Nextpower achieved an investment grade credit rating from Fitch and authorized a share repurchase program for up to $500 million of common stock over a three-year period.
- The company achieved a record backlog and completed the formation of its Nextpower Arabia joint venture in January 2026, securing a 2.25 GW supply commitment for the Bisha Solar Project.
Jan 27, 2026, 9:05 PM
Nextpower and Abunayyan Holding Form Saudi Joint Venture
NXT
New Projects/Investments
M&A
- Nextpower Inc. and Saudi Arabia’s Abunayyan Holding have formed Nextpower Arabia, a Riyadh-headquartered joint venture, to accelerate the deployment of utility-scale solar across the Middle East and North Africa (MENA) region.
- The partners plan to invest approximately $88 million (or 330 million Saudi Riyals) in equity and debt over the next two years to build a 42,000-square-meter advanced manufacturing facility in Jeddah. This facility will produce solar tracking systems with an annual capacity of up to 12 GW, with operations expected to start in Q2 2026.
- The new facility is projected to create up to 2,000 jobs and will source core materials like Saudi-produced steel to strengthen the regional supply chain.
- Nextpower rebranded from 'Nextracker' to 'Nextpower' in November 2025 as part of its evolution into a broader, full-scale solar technology company.
Jan 12, 2026, 7:47 AM
Nextpower and Abunayyan Holding Complete Joint Venture Formation
NXT
New Projects/Investments
M&A
Hiring
- Nextpower and Abunayyan Holding have completed the incorporation of their joint venture, Nextpower Arabia, headquartered in Riyadh, Saudi Arabia, to accelerate utility-scale solar power plant deployment in the Middle East and North Africa (MENA) region.
- A new advanced manufacturing facility in Jeddah, Saudi Arabia, is under construction, anticipated to open in Q2 2026, and will have a projected capacity of up to 12 GW per year for solar tracking systems.
- The joint venture is expected to create up to 2,000 jobs and will be funded with approximately $88 million in equity and debt over the next two years.
Jan 12, 2026, 7:39 AM
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
Quarterly earnings call transcripts for Nextpower.
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