NASDAQ$NXT

Nextpower Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Nextracker reported Q4 fiscal 2025 revenue of $924M with net income of $158M and diluted EPS of $1.05.

Revenue rose 26% year over year to $924 million with adjusted EBITDA of $242 million. GAAP net income was $158 million; diluted EPS was $1.05. Backlog remained above $4.5 billion as tracker demand and new product adoption accelerated globally.

  • Q4 revenue $924M (+26% YoY).
  • Net income $158M; diluted EPS $1.05.
  • Adjusted EBITDA margin 26.2%.
  • Launched electrical balance-of-systems business via Bentek acquisition.

Headline financials

Total Revenue

$924M

Previous: $737M+25.5%
EPS (adj)

$1.05

Previous: $0.96+9.4%
Total backlog

4.5B

Previous: 4.0B+12.5%
Capital Expenditures

-$10.1M

Previous: -$2.81M-258.7%
Net Income

$158M

Previous: $223M-29.1%
Operating Income

$195M

Previous: $271M-27.8%
Gross Profit

$306M

Previous: $340M-10.2%
R&D Expense

$23.6M

Previous: $13.1M+80.2%

Revenue & EPS history

NEXTracker · Revenue · Quarterly

$924M

Q4 2025+25.5%vs Q4 2024
Beat estimate in 10 of 11 quarters(91%)
ActualEstimate

Forward guidance

Management outlook ties to project backlog, energy or shipping rates, and capital deployment.

Tailwinds

  • Backlog and bookings support revenue visibility.
  • Rate environment and product adoption can lift margins.

Headwinds

  • Commodity rate volatility and project timing risk.
  • Supply chain and policy changes affect deployment pace.

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 2025

Historical avgQ4 2025

+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

Earnings price reactions
QuarterReport dateReaction (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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