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Nextpower (NXT) investor relations material
Nextpower Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q3 FY26 reached $909 million, a 34% year-over-year increase, with strong growth in both the U.S. and international markets, driven by higher U.S. demand and recent acquisitions.
Net income rose 12% to $131.2 million for the quarter and 21% to $435.3 million for the nine months, reflecting operational growth and cost management.
Achieved investment grade credit rating and rebranded to Nextpower, reflecting a shift to an end-to-end solar technology platform.
Completed the formation of Nextpower Arabia JV, securing a 2.25 GW order for a major solar project in the Middle East and targeting up to 12 GW of annual solar capacity manufacturing.
Major acquisitions (Bentek, OnSight, Origami, Fracsun) expanded capabilities in electrical infrastructure, robotics, and monitoring.
Financial highlights
Q3 revenue grew 34% year-over-year to $909.4 million; nine-month revenue increased 32% to $2.68 billion.
Q3 GAAP net income was $131.2 million, up from $117 million in Q3 FY25; adjusted EBITDA up 15% to $214 million.
Gross margin for Q3 was 31.7% GAAP and 32.4% adjusted; adjusted EBITDA margin at 23.5%.
Generated $123 million in Q3 operating cash flow and $391 million year-to-date; cash and cash equivalents at $953 million with no debt.
A $1.0 billion unsecured revolving credit facility was established, enhancing liquidity to $1.8 billion as of December 31, 2025.
Outlook and guidance
Fiscal 2026 revenue guidance raised to $3.425–$3.5 billion; adjusted EBITDA to $810–$830 million; GAAP net income outlook increased to $525–$540 million.
Adjusted diluted EPS expected between $4.26 and $4.36; gross margins in low 30s, operating margins in low 20s.
77% of $419.5 million in remaining performance obligations expected to be recognized as revenue in the next 12 months.
Guidance assumes stable U.S. policy and permitting environment; monitoring regulatory risks that could impact project timing.
Share repurchase program of up to $500 million approved, with a three-year term.
- TimeTickerHeadlineOpen
- 6 FebSPKSJF
Record income, strong growth, and robust capital position despite lower interest income. - 6 FebISCTR
Net profit hit TL 67.4 billion in 2025, with strong NIM, fee growth, and solid 2026 outlook. - 6 FebSCW
73% revenue growth and record backlog driven by new space contracts and strategic investments. - 6 FebCDP
2025 FFO/share rose 5.8% with strong leasing and retention; 2026 guidance signals further growth. - 6 FebSCW
Revenue at 15.86 mln PLN, backlog 17.14 mln PLN, and major space contracts drive 2025 outlook. - 6 FebPENG
All proposals passed, with no questions raised during the Q&A session. - 6 FebSCW
Q2 2024 revenue up 115% y/y, backlog nearly doubled, Space segment leads growth. - 6 FebPECO
2026 FFO per share growth guided at 5.5% with record occupancy and strong acquisitions. - 6 FebSCW
Q2 2025 revenue surged 120% y/y, driven by a record Asian contract and a tripled backlog. - 6 FebSCW
Q1 2025 revenue jumped 97% year-over-year, with strong backlog and major new contracts secured.
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