Northland Power (NPIFF)
OTHER OTC:NPIFF
Earnings Data
Report Date
May 20, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.39Last Year’s EPS
0.18Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of strong operational and near-term financial performance (notably an excellent Q4, delivery of adjusted EBITDA guidance, clear project milestones, and robust 2026 EBITDA guidance) alongside several significant near-term challenges (a material noncash impairment at Nordsee One, slower-than-expected commissioning at Hai Long with a potential $150–$200 million funding timing gap, and lower 2026 expected free cash flow per share driven by one-time items and higher financing costs). Management emphasized execution discipline, liquidity (> $900M) and strategic positioning (capacity growth to 7 GW by 2030, a minimum 12% return threshold, and cost-savings targets), but results and outlook remain dependent on timely completion and commissioning of major offshore projects and on managing debt/cash timing.Company Guidance
Strong Fourth Quarter Financial Performance
Q4 adjusted EBITDA of $390 million, a 25% increase year-over-year; Q4 net income of $290 million versus $150 million in Q4 2024 (≈+93%); Q4 free cash flow per share $0.46 versus $0.31 in 2024 (≈+48%). Production in Q4 was ~21% higher than the same quarter last year, supported by 96% operating availability and record generation from German offshore wind assets.
Full-Year Adjusted EBITDA In Line with Guidance
Full-year 2025 adjusted EBITDA of $1.25 billion, in line with guidance, reflecting contributions from new assets (e.g., Oneida) and strong performance at Americas onshore wind, offsetting lower offshore wind resource in H1.
2026 EBITDA Guidance Indicates Growth
2026 adjusted EBITDA guidance of $1.45 billion to $1.65 billion (~+25% versus 2025) driven by expected contributions from Hai Long, Baltic Power, full-year Oneida, and Jurassic BESS.
Project Execution Progress — Major Construction Milestones
Hai Long: all 73 foundations, all 4 export cables and both offshore substations installed; 37 turbines installed with 20 actively generating; on track for commercial operation in 2027. Baltic Power: all monopiles and grid interconnection complete, both offshore substations installed, 2 of 4 export cables and 30 of 76 turbines installed; on track for commercial operation H2 2026. Jurassic BESS (Alberta): foundations installed and battery packs arrived; on track for 2026 COD.
Pipeline and Strategic Actions to Support Growth
Announced a new global strategy to double gross operating capacity to 7 GW by 2030 and a 5-year funding plan; acquired two late-stage battery storage projects in Poland to cluster assets in Europe; centralized development organization to compete projects for capital; increased project return thresholds to a minimum 12%.
Balance Sheet and Liquidity
More than $900 million of available liquidity and an investment-grade credit rating, providing headroom to execute construction and capital allocation plans; remaining capital expenditures for Hai Long and Baltic Power are reported as less than $4 billion.
Operational and Organizational Enhancements
Reinforced leadership team, launched a new global strategy, introduced 12 Golden safety rules to strengthen health & safety, and targeted $50 million in annual cost savings by 2028 through regional operating model and operational clustering.
Battery Storage Momentum
Oneida began operations in May 2025 and contributed to Q4 performance; Jurassic BESS progressing to COD in 2026; secured battery supply agreements for two late-stage Polish BESS projects and moving toward FID and project financing (target midyear).
NPIFF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NPIFF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $14.58 | $14.61 | +0.22% |
Nov 12, 2025 | $17.56 | $17.56 | 0.00% |
Aug 13, 2025 | $15.43 | $15.61 | +1.17% |
May 14, 2025 | $13.65 | $13.71 | +0.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Northland Power (NPIFF) report earnings?
Northland Power (NPIFF) is schdueled to report earning on May 20, 2026, After Close (Confirmed).
What is Northland Power (NPIFF) earnings time?
Northland Power (NPIFF) earnings time is at May 20, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is NPIFF EPS forecast?
NPIFF EPS forecast for the fiscal quarter 2026 (Q1) is 0.39.