NXT
Nextracker Inc
Q1 2026 Report
Nextracker Inc (NXT) Q1 2026 Financial Results: Strong Growth Amidst Evolving Market Landscape...
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Executive Summary
Nextracker Inc. delivered an exceptional performance in Q4 2025, achieving a record revenue of $924 million, representing a 26% year-over-year growth. This strong revenue performance was complemented by a robust adjusted EBITDA of $242 million and a net income of $156.8 million, underscoring the company's resilience amid a period of significant transformation and market expansion. Management highlighted a strategic pivot towards becoming a comprehensive solar power platform supplier, supported by substantial investments in innovation and recent acquisitions, including Bentek Corporation. With a backlog exceeding $4.5 billion and a solid cash position, Nextracker is well-positioned for sustainable growth in fiscal 2026 and beyond, aiming for revenues between $3.2 billion and $3.4 billion.
Key Performance Indicators
Revenue
924.34M
QoQ: 36.06% | YoY:25.50%
Gross Profit
305.69M
33.07% margin
QoQ: 26.89% | YoY:-10.22%
Operating Income
195.31M
QoQ: 30.00% | YoY:-27.84%
Net Income
156.79M
QoQ: 36.01% | YoY:-23.58%
EPS
1.08
QoQ: 35.00% | YoY:-59.40%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $924M (+26% YoY)
- **Adjusted EBITDA:** $242M (+52% YoY)
- **Net Income:** $156.8M
- **EPS:** $1.29 (+34% YoY)
- **Free Cash Flow:** $227M