---
schema_version: "secwatch.filing_event.v1"
accession: "0001852131-25-000017"
form_type: "8-K"
ticker: "NXT"
cik: "0001852131"
company_name: "Nextpower Inc."
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T10:24:34.747484+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nextracker reports record Q4 revenue $924M (+26% YoY); launches eBOS business with Bentek acquisition

## Summary
- Q4 revenue $924M (+26% YoY); GAAP diluted EPS $1.05; adjusted diluted EPS $1.29.
- FY25 revenue ~$3B (+18% YoY); backlog increased to significantly above $4.5B.
- Launched eBOS business via acquisition of Bentek; expands product portfolio.
- Director Jonathan Coslet not standing for reelection; Board reduces from 9 to 8.
- IRA 45X credits of $75M contributed to Q4 gross profit; record TrueCapture bookings.

## SEC filing metadata
- accession: 0001852131-25-000017
- form_type: 8-K
- ticker: NXT
- cik: 0001852131
- company_name: Nextpower Inc.
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852131/000185213125000017/0001852131-25-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852131/000185213125000017/nxt-20250509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001852131-25-000017
- JSON: https://secwatch.observer/filing/0001852131-25-000017.json
- Plain text: https://secwatch.observer/filing/0001852131-25-000017.txt

## Key facts
- Executive change
  Jonathan Coslet departed as Director at Nextpower Inc..
  - Action: not stand for reelection
  - Role: Director
  source text: On May 9, 2025, Jonathan Coslet, a member of the Board of Directors of the Company (the “Board”), notified the Company of his decision to not stand for reelection at the Company’s 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”) and will be departing as a director immediately following the 2025 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852131/000185213125000017/0001852131-25-000017-index.htm

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