Nextpower Inc. income statement NXT

In Q2 of fiscal 2027, the quarter ended Oct 2, 2026, Nextpower Inc. reported revenue of $1.1 billion, up 22.5% from the same quarter a year earlier. Net income was $165.5 million, a profit margin of 14.9%. Operating income came to $207.5 million, an operating margin of 18.7%. Diluted earnings per share were $1.08.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Oct 2, 2026
Q2 FY2027
Oct 2, 2026
Q1 FY2027
Jul 3, 2026
Q4 FY2026
Mar 31, 2026
Q3 FY2026
Dec 31, 2025
Q2 FY2026
Sep 26, 2025
Q1 FY2026
Jun 27, 2025
Q4 FY2025
Mar 31, 2025
Q3 FY2025
Dec 31, 2024
Revenue
3,834
+13.7%
1,109
+22.5%
935
+8.2%
881
-4.7%
909
+33.9%
905
+42.4%
864
+20.0%
924
+25.5%
679
-4.4%
Cost of revenue
2,568
+14.0%
764
+24.7%
599
+2.9%
583
-5.7%
621
+41.7%
612
+49.1%
583
+20.7%
619
+56.2%
438
-12.4%
Gross profit
1,267
+13.0%
345
+17.9%
336
+19.2%
297
-2.7%
288
+19.6%
293
+30.3%
282
+18.7%
306
-10.2%
241
+14.9%
Research and development
163
+76.4%
46
+69.5%
45
+106.4%
43
+83.0%
29
+45.8%
27
+40.1%
22
+30.5%
24
+80.2%
20
+55.8%
Selling, general and administrative
376
+19.0%
92
+9.0%
100
+35.8%
101
+15.9%
83
+17.2%
85
+17.3%
74
+21.6%
87
+53.1%
71
+45.9%
Operating expenses
539
+32.0%
138
+23.5%
145
+51.8%
144
+30.3%
112
+23.6%
112
+22.1%
95
+23.5%
110
+58.1%
91
+48.0%
Operating income
728
+2.1%
208
+14.4%
191
+2.5%
154
-21.4%
176
+17.2%
181
+35.9%
186
+16.3%
195
-27.8%
150
+1.2%
Other non-operating income (expense)
27
-1.0%
8
+273.3%
8
+38.9%
6
+11.9%
5
-65.6%
2
-71.4%
6
+222.3%
6
14
Pretax income
754
+2.9%
215
+17.7%
199
+4.2%
160
-19.6%
180
+12.7%
183
+33.2%
191
+25.7%
199
-29.8%
160
-3.9%
Income tax
141
-7.7%
50
+38.4%
34
-0.6%
9
-77.9%
49
+15.0%
36
+80.0%
34
+24.4%
41
-31.8%
43
+10.4%
Net income
613
+6.3%
165
+12.7%
165
+5.2%
151
-3.9%
131
+13.8%
147
+27.3%
157
+29.2%
157
-23.6%
115
+178.5%
Basic EPS
4.09
+3.5%
1.09
+10.1%
1.10
+3.8%
1.01
-6.3%
0.88
+10.0%
0.99
+23.7%
1.06
+23.3%
1.08
-27.1%
0.80
+19.4%
Diluted EPS
3.97
+3.5%
1.08
+11.3%
1.07
+2.9%
0.97
-7.0%
0.85
+7.6%
0.97
+22.8%
1.04
+23.8%
1.05
-24.6%
0.79
-9.2%
Weighted average shares, basic
150
+2.7%
151
+2.3%
151
+2.1%
148
+2.5%
148
+3.3%
148
+3.2%
148
+3.9%
145
+4.9%
144
+131.3%
Weighted average shares, diluted
154
+2.8%
154
+1.2%
155
+2.8%
155
+3.3%
154
+3.3%
152
+2.0%
151
+1.1%
150
+1.4%
149
+1.1%
Other measures
Depreciation and amortization
41
+81.4%
15
+102.7%
9
+51.4%
9
+76.5%
8
+91.0%
7
+150.2%
6
+515.2%
5
+317.0%
4
+295.0%
EBITDA
769
+4.6%
222
+17.9%
200
+4.0%
163
-18.9%
185
+19.3%
189
+38.3%
192
+19.2%
200
-26.3%
155
+3.4%
Margins
Gross margin
33.04%
31.13%
35.91%
33.77%
31.69%
32.35%
32.60%
33.07%
35.46%
Operating margin
18.99%
18.71%
20.41%
17.44%
19.37%
20.03%
21.55%
21.13%
22.11%
Pretax margin
19.67%
19.39%
21.27%
18.13%
19.85%
20.18%
22.10%
21.49%
23.58%
Profit margin
15.98%
14.92%
17.68%
17.10%
14.43%
16.22%
18.19%
16.96%
16.97%
EBITDA margin
20.06%
20.06%
21.35%
18.47%
20.29%
20.85%
22.22%
21.68%
22.76%
Effective tax rate
18.76%
23.07%
16.88%
5.66%
27.29%
19.63%
17.69%
20.56%
26.74%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Semiconductors & Related Devices (SIC 3674)
Listed as
NXT (Nasdaq)
Fiscal year ends
March 31
Incorporated in
DE
Headquarters
Fremont, CA
SEC filer status
Large accelerated filer
SEC CIK
1852131
Former names
Nextracker Inc. (until Oct 30, 2025); Nextracker LLC (until Sep 23, 2022)

Other Semiconductors & Related Devices companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.