8-K
filed May 12, 2026, 4:07 PM ET
ticker NXT
CIK 0001852131
earnings
confidence high
sentiment positive
materiality 0.75
Nextpower Q4 revenue $881M, GAAP EPS $0.97; raises FY27 guidance; appoints COO
Nextpower Inc.
- Q4 GAAP net income $151M, diluted EPS $0.97; adjusted diluted EPS $1.05. Revenue $881M vs $924M YoY.
- FY26 record revenue $3.56B (+20% YoY); backlog >$5.25B. GAAP net income margin 17.1%.
- FY27 outlook raised: revenue $3.8-$4.1B, adjusted EBITDA $825-900M, adjusted diluted EPS $4.21-4.59.
- Appointed Robert Vinje as COO effective June 15; Marco Miller becomes Chief Project Development Officer. Vinje receives $475k salary, $4M equity award.
- Announced agreement to acquire key power conversion product lines and IP, subject to Spanish FDI approval.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Nextpower Inc. reported the fourth fiscal quarter ended March 31, 2026 results: revenue $881, net income $151, EPS $0.97. Guidance raised.
- Period
- the fourth fiscal quarter ended March 31, 2026
- Revenue
- $881
- Net income
- $151
- EPS
- $0.97
- Guidance
- raised
- Result
- reported results
Exact text from the filing
results for the fourth quarter and full year for fiscal year 2026, ended March 31, 2026. Financial Summary (In millions, except per share) Q4 FY26 Q3 FY26 Q4 FY25 Revenue $881 $909 $924 GAAP Gross Profit $297 $288 $306 GAAP Gross Margin 33.8 % 31.7 % 33.1 % GAAP Net Income $151 $131 $158 GAAP Net Income Margin 17.1 % 14.4 % 17.1 % GAAP Diluted EPS $0.97
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Nextpower Inc. reported full year for fiscal year 2026, ended March 31, 2026 results: revenue $3.56 billion. Guidance raised.
- Period
- full year for fiscal year 2026, ended March 31, 2026
- Revenue
- $3.56 billion
- Guidance
- raised
- Result
- reported results
Exact text from the filing
Achieved record fiscal year revenue of $3.56 billion, an increase of 20% YoY, and increased backlog to a record level of over $5.25 billion
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.9
Marco Miller was appointed as Chief Project Development Officer at Nextpower Inc..
- Action
- appointed
- Role
- Chief Project Development Officer
Exact text from the filing
In connection with Mr. Vinje’s appointment, Marco Miller, the Company’s current Chief Operating Officer, will serve the role of Chief Project Development Officer, effective as of Mr. Vinje’s first day of employment with the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert Vinje was appointed as Chief Operating Officer at Nextpower Inc..
- Action
- appointed
- Role
- Chief Operating Officer
Exact text from the filing
On May 10, 2026, the Board of Directors (the “Board”) of the Company appointed Robert Vinje as the Company’s Chief Operating Officer, effective as of June 15, 2026.
View on SEC.gov
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