{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-023261","form_type":"8-K","ticker":"NXT","cik":"0001852131","company_name":"Nextpower Inc.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.844785+00:00","generated_at":"2026-06-02T01:17:39.746447+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Nextracker reports FY24 revenue $2.5B (+31% YoY), backlog over $4B, 100 GW shipped","bullets":["Revenue $2.5B (+31% YoY), GAAP net income $496M (diluted EPS $3.37), adjusted EBITDA $521M (+150% YoY).","Q4 revenue $737M (+42% YoY), GAAP net income $223M (diluted EPS $1.51), adjusted EBITDA $160M (+120% YoY).","Record backlog over $4B; first US solar company to exceed 100 GW global shipments since inception.","FY2025 guidance: revenue $2.8-$2.9B, adjusted EBITDA $600-$650M, adjusted diluted EPS $2.89-$3.09.","Launched 3 new products and expanded U.S. manufacturing capacity to over 30 GW domestically."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-023261","json":"https://secwatch.observer/filing/0001628280-24-023261.json","markdown":"https://secwatch.observer/filing/0001628280-24-023261.md","text":"https://secwatch.observer/filing/0001628280-24-023261.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1852131/000162828024023261/0001628280-24-023261-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1852131/000162828024023261/nxt-20240514.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:17:39.746447+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"957406169859b1c0b32d4e2763a5aa6c08738bfb","claim":"Nextpower Inc. reported fiscal full year ended March 31, 2024 results: revenue 2.5 billion, net income 496 million, EPS 3.37.","evidence_excerpt":"Full FY2024 Financial Highlights • Revenue $2.5 billion, up 31% YoY • GAAP net income $496 million, diluted EPS $3.37","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852131/000162828024023261/0001628280-24-023261-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal full year ended March 31, 2024"},{"label":"Revenue","value":"2.5 billion"},{"label":"Net income","value":"496 million"},{"label":"EPS","value":"3.37"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"979150984371ebb64d9b369c9b4cbea87ab19f90","claim":"Nextpower Inc. reported fiscal fourth quarter ended March 31, 2024 results: revenue 737 million, net income 223 million, EPS 1.51.","evidence_excerpt":"Q4 FY2024 Financial Highlights: • Revenue $737 million, up 42% YoY • GAAP net income $223 million, diluted EPS $1.51","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852131/000162828024023261/0001628280-24-023261-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal fourth quarter ended March 31, 2024"},{"label":"Revenue","value":"737 million"},{"label":"Net income","value":"223 million"},{"label":"EPS","value":"1.51"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fd9096bd357c83e37a0443ec659c46680fc7f1dc","claim":"Nextpower Inc. reported FY2025 Annual Guidance results: revenue 2.8 billion to 2.9 billion, net income 369 million to 399 million, EPS 2.41 to 2.61. Guidance initiated.","evidence_excerpt":"FY2025 Annual Guidance • Revenue: $2.8 billion to $2.9 billion • GAAP net income: $369 million to $399 million • GAAP diluted EPS: $2.41 to $2.61","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852131/000162828024023261/0001628280-24-023261-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY2025 Annual Guidance"},{"label":"Revenue","value":"2.8 billion to 2.9 billion"},{"label":"Net income","value":"369 million to 399 million"},{"label":"EPS","value":"2.41 to 2.61"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}