---
schema_version: "secwatch.filing_event.v1"
accession: "0001852131-26-000055"
form_type: "8-K"
ticker: "NXT"
cik: "0001852131"
company_name: "Nextpower Inc."
filed_at: "2026-10-28T20:06:50+00:00"
generated_at: "2026-10-28T20:08:35.617461+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001852131-26-000055
- form_type: 8-K
- ticker: NXT
- cik: 0001852131
- company_name: Nextpower Inc.
- filed_at: 2026-10-28T20:06:50+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852131/000185213126000055/0001852131-26-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852131/000185213126000055/nxt-20261026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001852131-26-000055
- JSON: https://secwatch.observer/filing/0001852131-26-000055.json
- Plain text: https://secwatch.observer/filing/0001852131-26-000055.txt

## Key facts
- Executive change
  Sarah Slusser was appointed as Director (Class II) at Nextpower Inc..
  - Action: appointed
  - Role: Director (Class II)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852131/000185213126000055/0001852131-26-000055-index.htm
- Executive change
  Michael Alvarez was appointed as Director (Class III) at Nextpower Inc..
  - Action: appointed
  - Role: Director (Class III)
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852131/000185213126000055/0001852131-26-000055-index.htm

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