EarningsQ4 2026 Earnings Report
MX:NXT1 Q4 2026 EPS Results
Actual EPS$18.98
Consensus EPS$16.69
Beat/MissBeat by +$2.30
One Year Ago EPS$23.32
MX:NXT1 Q4 2026 Revenue Results
Actual Revenue$15.92B
Expected Revenue$14.94B
Beat/MissBeat by +$980.94M
YoY Revenue Growth-4.74%
Earnings Announcement Details
QuarterQ4 2026
Date05/12/2026
TimeAfter Close
Conference CallTuesday, May 12, 2026
MX:NXT1 Upcoming Earnings
Nextpower Inc's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
MX:NXT1 Q4 2026 Earnings Call
0:00 / 0:00
Q4 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong full-year performance driven by 20% revenue growth, record backlog (> $5.25B), robust adjusted EBITDA ($854M), excellent cash generation ($514M FCF) and a raised FY27 guidance range. Management highlighted meaningful product and platform traction (eBOS, foundations, trackers, TrueCapture) and strategic expansion into power conversion with a near-term acquisition and planned $130M of investment. Near-term headwinds include a Q4 sequential revenue dip, elevated freight/logistics costs (partly from Middle East disruptions), initial margin pressure from platform investments, and regulatory approval risk on the acquisition. On balance, operational and financial strengths, backlog, guidance raise and strategic investments outweigh the manageable near-term challenges, supporting a constructive outlook.Company Guidance
Strong Full-Year Revenue Growth
Full fiscal year revenue of approximately $3.56 billion, representing 20% year-over-year growth and finishing well above initial plan.
Record Backlog and Bookings Momentum
Record backlog of over $5.25 billion and one of the highest booking quarters in company history; bookings mix was 79% U.S. and 21% rest of world.
Robust Profitability and EBITDA Outperformance
Adjusted EBITDA for the full year was $854 million (well above plan); Q4 adjusted EBITDA was $202 million with a 23% margin.
Strong Cash Generation and Balance Sheet
Adjusted free cash flow of $154 million in Q4 and $514 million for the full year; ended the quarter with ~$1.1 billion in cash, no debt, and an investment grade credit rating.
Raised FY27 Financial Targets
FY27 revenue guidance increased to $3.8–$4.1 billion and adjusted EBITDA guidance to $825–$900 million; Q1 expected low-single-digit sequential revenue growth.
Platform Expansion and Power Conversion Acquisition
Announced definitive agreement to acquire power conversion product lines (subject to Spanish FDI approval) and plan to invest ~$130 million to accelerate the business; conditional LOI already signed for >100 MW and small revenue expected in the current fiscal year.
Non-Tracker Business Acceleration
Expect >40% growth in non-tracker revenue for FY27, bringing non-tracker revenue to ~15% of total revenue; NX Power platform adoption (eBOS, foundations, frames) driving attach rates and higher ASPs.
Product and Operational Wins
Surpassed 50 GW of XTR terrain-following tracker sales and 30+ GW of Hail Pro trackers; third-party study showed a 20% reduction in NX Horizon installation time; record TrueCapture revenue in FY2026.
eBOS and Foundation Traction
eBOS business delivered record bookings with >40% bookings growth year-over-year; Tracker Plus Foundation annualized bookings run rate now exceeding $100 million; secured multiyear gigawatt-scale steel frame agreement for U.S. manufacturing.
Capital Return and Financial Discipline
Initiated share repurchase activity under a $500 million authorization; emphasized disciplined capital allocation (prioritizing organic investment, disciplined M&A, then shareholder returns).
MX:NXT1 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed