earnings
confidence high
sentiment positive
materiality 0.75
Nextpower Q1 FY27 revenue $935M, record backlog >$5.5B; raises FY27 revenue guidance
Nextpower Inc.
- GAAP diluted EPS $1.07 vs $1.04 YoY; adjusted diluted EPS $1.20 vs $1.16 YoY.
- Revenue $935M, up 8% YoY from $864M; GAAP gross margin 35.9% vs 32.6% YoY.
- Backlog grew to >$5.5B; acquired Prevalon energy storage, Apex Power, Zigor inverter assets; agreed to buy Zimmermann PV-Steel.
- FY27 revenue outlook raised to $4.1-4.4B from $4.0-4.4B; adjusted EBITDA outlook $870-930M.
- Record quarterly eBOS bookings; UL certification of NX PowerMerge; cumulative PowerMerge bookings >850 MW.