Nextpower Q2 FY27 revenue $1.109B, diluted EPS $1.08; backlog tops $6B

Nextpower Inc.

Revenue rose to $1,109M from $905M a year earlier; GAAP net income $165M and diluted EPS $1.08 vs. $0.97 in Q2 FY26.
Adjusted EBITDA was $250M (22.5% margin); Q2 FY27 results include about $99M of IRA 45X tax credit vendor rebates and tariffs, net.
Backlog exceeded $6B on record quarterly bookings; eBOS bookings topped $100M and a 1.1 GW inverter framework agreement was signed.
Board expanded from ten to twelve directors: Sarah Slusser (Class II, effective Nov. 1, 2026) and Michael Alvarez (Class III).
FY27 revenue outlook raised to $4.2-$4.45B and adjusted diluted EPS to $4.61-$4.87; $162M returned via share repurchases.

item 2.02 item 5.02 item 9.01

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Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Sarah Slusser

Director (Class II)

NXT · Nextpower Inc.

Effective: 2026-11-01
Filed: October 28, 2026, 4:06 PM ET

On October 26, 2026, the Board of Directors (the “Board” ) of the Company increased the size of the Board from ten to twelve and appointed Sarah Slusser and Michael Alvarez to serve as directors of the Company. Ms. Slusser will serve as a Class II director of the Company, effective as of November 1, 2026, with a term of office expiring at the Company’s 2027 annual meeting of stockholders

Appointed

Michael Alvarez

Director (Class III)

NXT · Nextpower Inc.

Effective: 2027-12-01
Filed: October 28, 2026, 4:06 PM ET

On October 26, 2026, the Board of Directors (the “Board” ) of the Company increased the size of the Board from ten to twelve and appointed Sarah Slusser and Michael Alvarez to serve as directors of the Company. Ms. Slusser will serve as a Class II director of the Company, effective as of November 1, 2026, with a term of office expiring at the Company’s 2027 annual meeting of stockholders, and Mr. Alvarez will serve as a Class III director of the Company, effective as of December 1, 2027, with a term of office expiring at the Company’s 2028 annual meeting of stockholders.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sarah Slusser was appointed as Director (Class II) at Nextpower Inc..

Action: appointed
Role: Director (Class II)

Exact text from the filing

On October 26, 2026, the Board of Directors (the “Board” ) of the Company increased the size of the Board from ten to twelve and appointed Sarah Slusser and Michael Alvarez to serve as directors of the Company. Ms. Slusser will serve as a Class II director of the Company, effective as of November 1, 2026, with a term of office expiring at the Company’s 2027 annual meeting of stockholders

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.92

Michael Alvarez was appointed as Director (Class III) at Nextpower Inc..

Action: appointed
Role: Director (Class III)

Exact text from the filing

On October 26, 2026, the Board of Directors (the “Board” ) of the Company increased the size of the Board from ten to twelve and appointed Sarah Slusser and Michael Alvarez to serve as directors of the Company. Ms. Slusser will serve as a Class II director of the Company, effective as of November 1, 2026, with a term of office expiring at the Company’s 2027 annual meeting of stockholders, and Mr. Alvarez will serve as a Class III director of the Company, effective as of December 1, 2027, with a term of office expiring at the Company’s 2028 annual meeting of stockholders.

View on SEC.gov

Nextpower Inc. filing history →

Source: SEC EDGAR

accession 0001852131-26-000055

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