Nextracker Q1 revenue $864M (+20% YoY), raises FY26 guidance, acquires three robotics & AI firms

Nextpower Inc.

2026-Q1 EPS reported $1.04 vs consensus $0.93 ▲ beat (+12.1%)

Revenue $864M (+20% YoY); GAAP net income $157M, diluted EPS $1.04; adjusted EPS $1.16.
Backlog over $4.75B; cash $743M with no debt.
FY26 outlook raised: revenue $3.2-3.45B, adj. EBITDA $750-810M, adj. EPS $3.96-4.27.
Acquired three robotics/AI technologies for $86.8M cash in Q1.
Achieved #1 global solar tracker market share for 10th year.

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