Nextracker Q3 FY25 revenue $679M, raises FY25 profit outlook, backlog >$4.5B

Nextpower Inc.

2025-Q3 EPS reported $2.41 vs consensus $1.02 ▲ beat (+137.4%)

Revenue $679M, up from $636M QoQ; GAAP diluted EPS $0.79; adjusted diluted EPS $1.03.
Raised FY25 profit outlook: adjusted EBITDA now $700-740M (prev $625-665M); adj. EPS $3.75-3.95.
Record backlog >$4.5B; expanded manufacturing to 70+ partners across 19 countries.
Shipped first 100% U.S. domestic content solar trackers; deployed new products like NX Horizon Hail Pro.
Operating cash flow YTD $418M; cash and equivalents $693M.

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