---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-23-010801"
form_type: "8-K"
ticker: "NXT"
cik: "0001852131"
company_name: "Nextpower Inc."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:28:36.936992+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nextracker Q1 FY2024 revenue $479.5M (+19% YoY); adjusted EBITDA $83.7M (+161%)

## Summary
- Revenue of $479.5M for Q1 FY2024, up 19% year-over-year.
- GAAP net income of $63.6M ($0.43 EPS); adjusted net income $70.9M ($0.48 EPS).
- Adjusted EBITDA of $83.7M, a 161% increase versus prior-year quarter.

## SEC filing metadata
- accession: 0000950103-23-010801
- form_type: 8-K
- ticker: NXT
- cik: 0001852131
- company_name: Nextpower Inc.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852131/000095010323010801/0000950103-23-010801-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852131/000095010323010801/dp197175_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-23-010801
- JSON: https://secwatch.observer/filing/0000950103-23-010801.json
- Plain text: https://secwatch.observer/filing/0000950103-23-010801.txt

## Key facts
- Earnings Releases
  Nextpower Inc. reported first quarter ended June 30, 2023 results: revenue $479.5 million, net income $63.6 million, $0.43 EPS, EPS $0.48 Adjusted non-GAAP EPS.
  - Period: first quarter ended June 30, 2023
  - Revenue: $479.5 million
  - Net income: $63.6 million, $0.43 EPS
  - EPS: $0.48 Adjusted non-GAAP EPS
  - Result: reported results
  source text: Nextracker Reports First Quarter Fiscal Year 2024 Financial Results Q1 2024 Revenues of $479.5 million, up 19% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852131/000095010323010801/0000950103-23-010801-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.