Nextpower posts record Q2 FY27 revenue, bookings and raises FY27 outlook
Nextpower Inc. reported fiscal Q2 FY27 results on October 28, 2026, delivering record revenue and bookings while expanding its backlog above $6 billion. The company completed the €230 million acquisition of Zimmermann PV‑Steel Group and announced a 1.1 GW inverter framework agreement. It also lifted its FY27 revenue guidance to $4.2 billion‑$4.45 billion and adjusted EBITDA guidance to $890 million‑$940 million.
Why it matters
The raised FY27 outlook gives investors higher revenue and EBITDA expectations for the year, potentially supporting a higher valuation. The acquisition expands Nextpower’s European footprint and product portfolio, which may enhance future growth opportunities.
Key facts
- 1Q2 FY27 revenue was reported as $1.1 billion, up 23% year‑over‑year. finance.yahoo.com
- 2Adjusted EBITDA for the quarter was approximately $250 million, a 12% year‑over‑year increase. finance.yahoo.com
- 3Record quarterly bookings pushed the backlog to over $6 billion. finance.yahoo.com
- 4Nextpower completed the acquisition of Zimmermann PV‑Steel Group for approximately €230 million. stocktitan.net
- 5The company secured a 1.1 GW inverter framework agreement covering five projects. finance.yahoo.com
- 6FY27 revenue guidance was raised to $4.2 billion‑$4.45 billion. finance.yahoo.com
Open questions
- Material 1 reports Q2 revenue of $722.4 million, while Materials 2, 4, 5, 8, 9 report revenue around $1.1 billion; the basis for the lower figure is not clarified.
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.