Oct 28, 4:06 PM ET
Nextpower reported record fiscal second-quarter revenue of $1,109 million and net income of $165 million, up from $905 million and $147 million a year earlier. The company also raised its fiscal 2027 revenue and GAAP diluted EPS outlook, and added two directors, expanding the board from ten to twelve seats.
- Q2 FY27 revenue $1,109 million vs $905 million in Q2 FY26; GAAP diluted EPS $1.08 vs $0.97
- GAAP gross margin 31.1% vs 32.4% in Q2 FY26; GAAP net income $165 million vs $147 million
- FY2027 outlook raised: revenue $4.2 to $4.45 billion (from $4.1 to $4.4 billion); GAAP diluted EPS $3.62 to $3.87 (from $3.42 to $3.64)
- Board increased to twelve; Sarah Slusser (effective November 1, 2026) and Michael Alvarez (effective December 1, 2027) appointed as directors
Read the filing on SEC.gov ↗
Jul 30, 4:06 PM ET
Nextpower reported first-quarter fiscal 2027 revenue of $935 million, up from $864 million a year earlier, and GAAP diluted EPS of $1.07, up from $1.04. It also raised the low end of several fiscal 2027 ranges, including revenue and GAAP diluted EPS, while noting about $50 million of planned costs tied to entering the power conversion market.
- Q1 FY27 revenue was $935 million versus $864 million in Q1 FY26; GAAP net income was $165 million versus $157 million.
- Adjusted diluted EPS was $1.20 versus $1.16 a year earlier; adjusted EBITDA was $233 million versus $215 million.
- FY2027 revenue outlook is $4.1 to $4.4 billion, up from $4.0 to $4.4 billion; GAAP diluted EPS outlook is $3.42 to $3.64, up from $3.22 to $3.64.
- The updated outlook includes planned incremental costs of about $50 million related to accelerating entry into the power conversion market.
Read the filing on SEC.gov ↗
May 12, 4:07 PM ET
Nextpower reported fiscal fourth-quarter 2026 revenue of $881 million and GAAP diluted EPS of $0.97, both below the year-earlier quarter, while full-year fiscal 2026 revenue rose to $3.56 billion and GAAP diluted EPS reached $3.84. The company raised its fiscal 2027 revenue outlook to $3.8 billion to $4.1 billion from $3.6 billion to $3.8 billion, and it also announced a planned acquisition of power conversion product lines subject to Spanish government approval.
- Q4 FY26 revenue $881 million vs. $924 million in Q4 FY25; GAAP diluted EPS $0.97 vs. $1.05
- Full-year FY26 revenue $3.56 billion; GAAP diluted EPS $3.84 vs. $3.47 in FY25
- FY27 outlook: revenue $3.8 billion to $4.1 billion; Adjusted EBITDA $825 million to $900 million
- Robert Vinje appointed Chief Operating Officer effective June 15, 2026; Marco Miller moves to Chief Project Development Officer
Read the filing on SEC.gov ↗
Apr 29, 4:14 PM ET
Nextpower's Chief Legal and Compliance Officer, Bruce Ledesma, will retire effective July 17, 2026, and the board has named Lindsey Wiedmann to succeed him in that role. Wiedmann has more than 15 years of legal experience in the solar industry, most recently as Chief Legal and Sustainability Officer of Maxeon Solar Technologies. The filing describes a planned executive transition rather than a change in financial results.
- Bruce Ledesma informed the company on April 23, 2026 that he will retire effective July 17, 2026.
- The board approved Lindsey Wiedmann as Chief Legal and Compliance Officer on April 28, 2026, effective upon Ledesma's retirement.
- Wiedmann has over 15 years of legal experience in the solar industry, including at Maxeon Solar Technologies, Ltd.
Read the filing on SEC.gov ↗
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