Education
About Us
Working with TipRanks
Follow Us
Nextpower Inc (NXT)
NASDAQ:NXT
Earnings Data
Report Date
May 20, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.92Last Year’s EPS
1.29Same Quarter Last Year
Strong Buy
Based on 18 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong operational and financial momentum: robust revenue and EBITDA growth, record backlog/bookings commentary, excellent cash generation, a clean balance sheet and the milestone investment-grade rating. Management highlighted meaningful product and geographic expansion (new JV in Saudi Arabia, Europe expansion, bundled product wins and power conversion pilots) and raised fiscal 2026 guidance. Headwinds cited were manageable but tangible: rising tariff impacts ($44M), U.S. concentration (81% of Q3 revenue), project timing variability and limited disclosure on some booking/attach details. On balance, positives materially outweigh the negatives.Company Guidance
Revenue Growth
Q3 revenue of $909 million, up 34% year-over-year; fiscal year-to-date revenue of $2.68 billion, up 32% year-over-year. Company raised FY2026 revenue guidance to $3.425–$3.5 billion.
Adjusted EBITDA and Margins
Q3 adjusted EBITDA of $214 million, up 15% year-over-year, representing a 23% adjusted EBITDA margin. Fiscal YTD adjusted EBITDA increased 22% year-over-year. FY2026 adjusted EBITDA guidance raised to $810–$830 million; gross margins expected in the low 30s and operating margins in the low 20s.
Strong Cash Generation and Balance Sheet
Q3 operating cash flow of $123 million and adjusted free cash flow of $119 million; fiscal YTD operating cash flow $391 million and adjusted free cash flow $360 million. Ended quarter with $953 million cash and cash equivalents and no debt.
Investment-Grade Credit Rating
Nextpower achieved a formal investment-grade credit rating for the first time as a pure-play solar product company, cited as enhancing customer/supplier confidence and financial flexibility.
Backlog, Bookings and Geographic Demand
Management reported record backlog growth (previously referenced >$5 billion by analysts), with particularly strong bookings and a large, diversified backlog that supported an upward outlook. Europe had record quarterly bookings and expanded into two new countries.
U.S. Market Strength
U.S. bookings up and U.S. revenue increased 63% year-over-year in the quarter. The U.S. accounted for 81% of Q3 revenue (75% YTD), with strong demand for domestically manufactured systems and flight-to-quality dynamics benefiting the company.
Product and Technology Momentum
Continued traction for NX Horizon Hail Pro (2,170 hail stows in CY2025 with <0.007% module breakage), growing adoption of bundled solutions (example: 552 MW order including tracker, eBOS, Earth Truss, TrueCapture), and progress on power-conversion solutions with customer pilots planned in 2026.
Strategic Expansion and JV Execution
Launched Nextpower Arabia joint venture with Abunayyan Holding; already supplying 2.25 GW to a major utility-scale project, operating an existing Riyadh factory and constructing a Jeddah facility. JV positioned to support localization and up to 12 GW annual manufacturing potential over time.
Capital Allocation and Share Repurchase Authorization
Board authorized a share repurchase program up to $500 million over three years while maintaining stated priorities of organic investment and disciplined M&A.
NXT 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
NXT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 27, 2026 | $105.91 | $119.97 | +13.28% |
Oct 23, 2025 | $90.38 | $98.28 | +8.74% |
Jul 29, 2025 | $64.90 | $58.88 | -9.28% |
May 14, 2025 | $55.04 | $61.59 | +11.90% |
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 Nextpower Inc (NXT) report earnings?
Nextpower Inc (NXT) is schdueled to report earning on May 20, 2026, After Close (Confirmed).
What is Nextpower Inc (NXT) earnings time?
Nextpower Inc (NXT) earnings time is at May 20, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NXT EPS forecast?
NXT EPS forecast for the fiscal quarter 2026 (Q4) is 0.92.