Nextpower — Q2 Fiscal Year 2027 Earnings Summary

Nextpower reported record second-quarter fiscal 2027 revenue of $1.1 billion and net income of $165 million, driven by strong demand for its tracker products and complementary solutions. The company's backlog exceeded $6 billion following record bookings, which included over $100 million in eBOS orders and a 1.1 GW inverter framework agreement. Nextpower completed the acquisition of the Zimmermann PV-Steel Group for approximately €230 million, expanding its product portfolio and global reach to 68 countries. The company updated its full-year fiscal 2027 outlook, projecting revenue between $4.2 billion and $4.45 billion and adjusted EBITDA between $890 million and $940 million.