Nextpower Inc (NXT) Q2 2025 Earnings Report

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Nextpower Inc

NXT

$90.59 -0.07%

Exchange: NASDAQ | Sector: Technology | Industry: Consumer Electronics

Q2 2025

Published: Nov 1, 2024

Earnings Highlights

Revenue of $635.57M up 10.9% year-over-year
EPS of $0.79 increased by 28.1% from previous year
Gross margin of 35.4%
Net income of 115.39M
""Our backlog increased significantly quarter-over-quarter to a new record of over $4.5 billion, and we are pleased with the margin profile of our backlog for this fiscal year and beyond."" - Dan Shugar

NXT

Nextracker Inc

Period Q2 2025

Currency USD

Report Type Quarterly Earnings

Generated Dec 8, 2025

Executive Summary

Nextracker Inc (NXT) delivered a robust performance in Q2 2025, marking the seventh consecutive quarter of double-digit revenue growth with a notable revenue increase of 29% year-over-year. The company reported revenues of $635.57 million, a strong reflection of ongoing demand for its solar tracker solutions amidst global and local market dynamics. Management highlighted a significant backlog of over $4.5 billion, reinforcing confidence in future revenue and raising the full-year profit target by $20 million to $645 million. Coupled with strategic investments in new product development and an expanding operational footprint, Nextracker is well-positioned for sustained growth regardless of political uncertainties affecting the solar landscape.

Key Performance Indicators

Revenue

Increasing

635.57M

QoQ: -11.72% | YoY: 10.85%

Gross Profit

Increasing

224.80M

35.37% margin

QoQ: -5.33% | YoY: 50.76%

Operating Income

Increasing

133.48M

QoQ: -16.63% | YoY: 41.86%

Net Income

Increasing

115.39M

QoQ: -5.18% | YoY: 193.97%

EPS

Increasing

0.82

QoQ: -4.65% | YoY: 28.13%

Revenue Trend

Margin Analysis

Financial Highlights

Financial Performance
- Revenue: $635.57 million (up 29% YoY)
- Gross Profit: $224.80 million (Gross Profit Margin: 35.37%)
- Operating Income: $133.48 million (Operating Margin: 21.00%)
- Net Income: $115.39 million (Net Income Margin: 18.16%; EPS: $0.82)
- EBITDA: $143.80 million (EBITDA Margin: 22.63%)

Cash Flow and Balance Sheet Health
- Cash Flow from Operating Activities: $153.78 million
- Free Cash Flow: $141.77 million
- Cash at End of Period: $561.88 million
- Total Assets: $2.77 billion
- Total Liabilities: $1.49 billion
- Total Equity: $1.27 billion

The increases in key financial metrics indicate strong operational efficiency and underline management's commitment to maintaining profitability while navigating market pressures.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	635.57M	10.85%	-11.72%
Gross Profit	224.80M	50.76%	-5.33%
Operating Income	133.48M	41.86%	-16.63%
Net Income	115.39M	193.97%	-5.18%
EPS	0.82	28.13%	-4.65%

Key Financial Ratios

Gross Profit Margin

Fair

35.40%

Gross profit margin is moderate, room for improvement in cost management

Operating Profit Margin

Good

21.00%

Operating margin is healthy and competitive within industry standards

Net Profit Margin

Good

18.20%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Fair

4.17%

Return on assets is acceptable but below top-tier companies

Return on Equity

Fair

9.11%

Return on equity is acceptable but below top-tier companies

Current Ratio

Healthy

2.21

Current ratio shows adequate liquidity to meet short-term obligations

Debt to Equity

Conservative

0.12

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Value

12.09x

P/E ratio suggests potential undervaluation or stable earnings

Price to Book

Premium

4.41x

Trading at premium to book value, reflects strong intangibles or growth

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2026	864.25	1.04	+20.1%	View
Q4 2025	924.34	1.05	+25.5%	View
Q3 2025	679.36	0.79	-4.4%	View
Q2 2025	635.57	0.79	+10.9%	View
Q1 2025	719.92	0.82	+25.6%	View

Nextpower Inc (NXT) Q2 2025 Earnings Report

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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