Blended Edge

$NXT Q4 FY26 EARNINGS HIGHLIGHTS 🔹 Revenue: $880.5M (Est. $828.9M) 🟢; -4.7% YoY 🔹 Adj. EPS: $1.05 (Est. $0.90) 🟢 🔹 Adj. Net Income: $161.7M (Est. $137M) 🟢; -16% YoY 🔹 Adj. EBITDA: $202M 🔹 Backlog: Over $5.25B, record level FY27 Guide: 🔹 Revenue: $3.8B-$4.1B, raised from $3.6B-$3.8B 🔹 GAAP Net Income: $501M-$559M 🔹 EPS: $3.19-$3.56 🔹 Adj. EBITDA: $825M-$900M, raised from $800M-$900M 🔹 Adj. EPS: $4.21-$4.59 🔹 Incremental Costs: Approx. $50M related to power conversion market entry Other Metrics: 🔹 Cumulative Tracker Shipments: Surpassed 160 GW globally 🔹 Backlog: Over $5.25B, record level 🔹 NX Horizon-XTR Sales: Exceeded 50 GW cumulative 🔹 Tracker Systems Sales: Surpassed 25 GW to date in each of Latam and MEIAT 🔹 Q4 New Product & Bundled Solution Bookings: Increased QoQ 🔹 eBOS Bookings: Record quarter 🔹 NX PowerMerge Bookings: Over 100 MW 🔹 TrueCapture Revenue: Record quarterly and annual revenue 🔹 First Bundled VCA Project Incorporating Robotics: Booked M&A: 🔸 Zigor Power Conversion Assets Acquisition: Approx. $80.5M in cash 🔹 Closing Payment: $46M 🔹 Potential Earnouts: Up to $34.5M 🔹 Additional Growth Investment: $50M 🔹 Production Ramp: Expected to begin in 2027 🔹 Deal Requires Spanish FDI Approval Commentary: 🔸 “Fiscal 2026 marked a defining inflection point for Nextpower as we accelerated our evolution from the solar tracker leader over the last decade to an integrated utility-scale energy technology platform.” 🔸 “Our core tracker business remains very strong, supported by one of the highest booking quarters in our history and expanding market leadership.” 🔸 “We are now seeing clear, measurable traction around our platform strategy, reflected in rising adoption across eBOS, foundations, and robotics solutions, early success in bundled deployments, and growing demand for new products such as NX PowerMerge.” 🔸 “Supported by our growing backlog and strong bookings momentum, we are raising our fiscal 2027 outlook and remain focused on disciplined capital allocation, investing in a balance of organic growth and strategic acquisitions, returning capital to shareholders, while maintaining a strong balance sheet and delivering consistent, long-term shareholder value.”

$NXT is reporting earnings today always a scary day to be an investor, i've been loading the 120s now have about 75% of my usual swing size saving the rest for after earnings. The chart is looking super strong and we breached $131.72 yesterday to achieve a new ATH but didn't hold