NASDAQ$NXT
Nextpower Inc · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Achieved record revenue and profits.
Nextracker reported strong Q4 and FY24 financial results, achieving record revenue and profits. The company reached a record backlog of over $4 billion and surpassed 100 gigawatts of global shipments since its inception.
- Revenue reached $737 million, up 42% year-over-year.
- GAAP net income was $223 million, with diluted EPS of $1.51.
- Adjusted EBITDA was $160 million, up 120% year-over-year (excluding IRA 45X tax credit benefits).
- Reached a record backlog of over $4 billion.
Headline financials
Revenue & EPS history
NEXTracker · Revenue · Quarterly
$737M
Forward guidance
Nextracker provided FY2025 annual guidance, including revenue between $2.8 billion and $2.9 billion, GAAP net income between $369 million and $399 million, and GAAP diluted EPS between $2.41 and $2.61.
Tailwinds
- Revenue: $2.8 billion to $2.9 billion
- GAAP net income: $369 million to $399 million
- GAAP diluted EPS: $2.41 to $2.61
- Adjusted EBITDA: $600 million to $650 million (excludes approximately $95 million for stock-based compensation expense and net intangible amortization)
- Adjusted diluted EPS: $2.89 to $3.09 (excludes approximately $0.48 for stock-based compensation expense and net intangible amortization)
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 11 quarterly earnings reports · overlaid with Q4 2024
+8.9%
Avg return
Earnings day
+9.2%
Avg return
5 days after
+8.5%
Avg return
30 days after
77%
10 / 13 earnings
Positive
+24.8%
Q3 2024
Best reaction
-14.6%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +4.9% | +7.1% | -2.9% | |
| Q3 2026 | +13.2% | +9.1% | -0.8% | |
| Q2 2026 | +8.7% | +13.6% | -3.6% | |
| Q4 2025 | +11.8% | +7.2% | +10.3% | |
| Q3 2025 | +24.2% | +27.2% | +13.6% | |
| Q2 2025 | +23.2% | +29.8% | +18.0% | |
| Q1 2025 | -14.6% | -18.5% | -17.2% | |
| Q4 2024 | +6.8% | +2.6% | +40.5% | |
| Q3 2024 | +24.8% | +24.1% | +26.8% | |
| Q2 2024 | -2.7% | -9.2% | +3.4% | |
| Q1 2024 | +14.6% | +9.9% | +2.8% | |
| Q4 2023 | +5.3% | +19.8% | +19.7% | |
| Q3 2023 | -4.7% | -2.7% | +0.0% | |
| Q2 2023 | — | — | — | |
| Q1 2023 | — | — | — | |
| Q4 2022 | — | — | — | |
| Q2 2022 | — | — | — | |
| Q1 2022 | — | — | — | |
| Q4 2021 | — | — | — | |
| Q3 2021 | — | — | — | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — |
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