---
schema_version: "secwatch.filing_event.v1"
accession: "0001852131-26-000014"
form_type: "8-K"
ticker: "NXT"
cik: "0001852131"
company_name: "Nextpower Inc."
filed_at: "2026-05-12T20:07:31+00:00"
generated_at: "2026-05-12T20:09:43.718764+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nextpower Q4 revenue $881M, GAAP EPS $0.97; raises FY27 guidance; appoints COO

## Summary
- 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.

## SEC filing metadata
- accession: 0001852131-26-000014
- form_type: 8-K
- ticker: NXT
- cik: 0001852131
- company_name: Nextpower Inc.
- filed_at: 2026-05-12T20:07:31+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/1852131/000185213126000014/0001852131-26-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852131/000185213126000014/nxt-20260510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001852131-26-000014
- JSON: https://secwatch.observer/filing/0001852131-26-000014.json
- Plain text: https://secwatch.observer/filing/0001852131-26-000014.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852131/000185213126000014/0001852131-26-000014-index.htm
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852131/000185213126000014/0001852131-26-000014-index.htm
- Executive change
  Marco Miller was appointed as Chief Project Development Officer at Nextpower Inc..
  - Action: appointed
  - Role: Chief Project Development Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852131/000185213126000014/0001852131-26-000014-index.htm
- Executive change
  Robert Vinje was appointed as Chief Operating Officer at Nextpower Inc..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852131/000185213126000014/0001852131-26-000014-index.htm

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