Nextpower Inc (NXT) q1 2025 Earnings Report

Next: Q2 2025

Nextpower Inc

NXT

$90.59 -0.07%

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

Q1 2025

Published: Aug 6, 2024

Earnings Highlights

Revenue of $719.92M up 25.6% year-over-year
EPS of $0.82 increased by 34.4% from previous year
Gross margin of 33.0%
Net income of 121.70M
""In Q1, we saw a healthy demand in both the US and international markets. Our backlog increased quarter-over-quarter and is over $4 billion."" - Dan Shugar

NXT

Nextracker Inc

Period Q1 2025

Currency USD

Report Type Quarterly Earnings

Generated Dec 8, 2025

Executive Summary

Nextracker Inc (NXT) has showcased remarkable growth during its first quarter of fiscal year 2025, achieving a 50% year-over-year increase in revenue to $719.9 million. This performance underscores the company's strong market demand for its solar tracker solutions, especially in both U.S. and international markets. The company's backlog has increased to over $4 billion, reflecting sustained interest and confidence in its innovative offerings. Significant advancements include the introduction of new products, such as the NX low carbon tracker and its agri-PV solution, as well as strategic acquisitions to enhance its operational capabilities. Management remains optimistic about the future, emphasizing a clear path to leverage increased domestic manufacturing capabilities and mitigate supply chain challenges.

Key Performance Indicators

Revenue

Increasing

719.92M

QoQ: -2.25% | YoY: 25.56%

Gross Profit

Increasing

237.44M

32.98% margin

QoQ: -30.26% | YoY: 59.24%

Operating Income

Increasing

160.09M

QoQ: -40.85% | YoY: 70.15%

Net Income

Increasing

121.70M

QoQ: -40.68% | YoY: 210.04%

EPS

Increasing

0.86

QoQ: -67.67% | YoY: 34.38%

Revenue Trend

Margin Analysis

Financial Highlights

Financial Performance Metrics:
- Revenue: $719,921,000 (YoY: +50%, QoQ: -2.25%)
- Gross Profit: $237,440,000 (YoY: +59.24%, QoQ: -30.26%)
- Operating Income: $160,094,000 (YoY: +70.15%, QoQ: -40.85%)
- Net Income: $121,700,000 (YoY: +210.04%, QoQ: -40.68%)
- EPS: $0.86 (Diluted: $0.82; YoY: +34.38%, QoQ: -67.67%)

Trends: Nextracker continues its trajectory of robust growth, supported by a strong backlog and a diversified product portfolio. The dip in QoQ performance is attributed to customer scheduling and project timelines rather than a demand decline, indicating a healthy pipeline for the coming quarters. The management's commitment to maintaining over 30 GW of manufacturing capacity is expected to alleviate costs and supply chain dependencies.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	719.92M	25.56%	-2.25%
Gross Profit	237.44M	59.24%	-30.26%
Operating Income	160.09M	70.15%	-40.85%
Net Income	121.70M	210.04%	-40.68%
EPS	0.86	34.38%	-67.67%

Key Financial Ratios

Gross Profit Margin

Fair

33.00%

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

Operating Profit Margin

Good

22.20%

Operating margin is healthy and competitive within industry standards

Net Profit Margin

Good

16.90%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Fair

4.63%

Return on assets is acceptable but below top-tier companies

Return on Equity

Fair

10.90%

Return on equity is acceptable but below top-tier companies

Current Ratio

Healthy

2.11

Current ratio shows adequate liquidity to meet short-term obligations

Debt to Equity

Conservative

0.13

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

P/E Ratio

Value

13.68x

P/E ratio suggests potential undervaluation or stable earnings

Price to Book

Premium

5.94x

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) Q1 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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