newsfilter
← Earnings
Earnings Releases·

Nextpower — Q2 Fiscal Year 2027 Earnings Summary

  • Q2 FY27 revenue reached a record $1.109 billion, up 22.5% year-over-year and 18.6% quarter-over-quarter, while GAAP net income remained flat at $165 million; adjusted diluted EPS rose to $1.31 from $1.19 YoY.
  • The company raised full-year FY27 guidance across all key metrics, including revenue ($4.2–$4.45 billion), GAAP net income ($559–$598 million), and adjusted EBITDA ($890–$940 million), citing strong demand and a 10% Q3 revenue growth outlook.
  • Strategic execution included the completed acquisition of Zimmermann PV-Steel Group for €230 million, expanding the portfolio to 68 countries, alongside record bookings and a backlog exceeding $6 billion.
  • Capital allocation featured $162 million in share repurchases during the quarter, leaving the company with $1.03 billion in cash and no debt.
Company
NEXTPOWER INC
Sector
Technology
Industry
Solar