Nextracker INC

Market Movers (8-K)

NASDAQ
Nextpower Inc. announced strong first fiscal quarter 2027 results, driven by record revenue and backlog, bolstered by customer demand and strategic acquisitions.
NASDAQ
Nextpower has entered a definitive agreement to acquire Prevalon Energy for up to $365 million, expanding its footprint into battery energy storage and AI data center power solutions.
Better than expected
NASDAQ
Nextpower announced record fiscal year 2026 revenue of $3.56 billion, a 20% year-over-year increase, and raised its fiscal year 2027 financial outlook based on strong execution and bookings.
NASDAQ
Nextpower Inc. reported robust third-quarter fiscal year 2026 financial results, including a 34% year-over-year revenue increase, an investment grade credit rating, and announced a $500 million share repurchase program.
Better than expected
NASDAQ
Nextracker Inc. has officially rebranded to Nextpower Inc., signaling its transformation into an integrated energy technology solutions provider and announcing ambitious financial targets through fiscal year 2030.
Better than expected
NASDAQ
Nextracker Inc. announced strong second fiscal quarter 2026 financial results, with revenue increasing 42% year-over-year and a raised full-year revenue and profitability outlook.
Better than expected
Capital raise

Quarterly Earnings (10-Q)

NASDAQ
Nextpower Inc. reported significant revenue and net income growth for the quarter and nine-month period ended December 31, 2025, driven by increased U.S. demand and strategic acquisitions, alongside announcing a $500 million share repurchase program.
Better than expected
NASDAQ
Nextracker Inc. reported robust financial results for the second quarter ended September 26, 2025, with revenue increasing 42% year-over-year, driven by strong U.S. demand and recent strategic acquisitions.
Better than expected
Delay expected
Capital raise
NASDAQ
Nextracker Inc. announces a 20% increase in revenue for the first quarter of fiscal year 2026, driven by higher demand and strategic acquisitions.
Worse than expected
NASDAQ
Nextracker Inc.'s Q3 2025 revenue saw a slight decrease, but profitability significantly improved due to the impact of the 45X Advanced Manufacturing Production Credit.
Worse than expected
NASDAQ
Nextracker Inc. announced a significant increase in revenue and profitability for the second quarter of fiscal year 2025, driven by strong U.S. demand and the impact of the 45X tax credit.
Better than expected
NASDAQ
Nextracker Inc. announced a significant increase in revenue and profitability for the first quarter of fiscal year 2025, fueled by strong U.S. demand and strategic acquisitions.
Better than expected

Annual Reports (10-K)

NASDAQ
Nextpower Inc. (formerly Nextracker Inc.) filed its Form 10-K for the fiscal year ended March 31, 2026, detailing significant revenue growth, strategic acquisitions, and continued market leadership in solar tracking systems.
NASDAQ
Nextracker Inc. announces its fiscal year 2025 results, highlighting revenue growth and strategic acquisitions to expand its solar technology platform.
NASDAQ
Nextracker Inc. files an amendment to its annual report on Form 10-K to include the attestation report on internal control over financial reporting from Deloitte & Touche LLP.
NASDAQ
Nextracker's FY24 revenue reached $2.5 billion, driven by increased demand for solar trackers and strategic supply chain initiatives, while navigating evolving regulatory landscapes and global economic uncertainties.
Better than expected
Delay expected

Insider Trading (Form 4)

NASDAQ
Lindsey Roon Wiedmann, Chief Legal & Compliance Off. of Nextracker Inc., received 13,898 shares of common stock on July 20, 2026.
NASDAQ
Nextpower Inc. Chief Operating Officer Robert Vinje was granted 15,262 restricted stock units on June 15, 2026.
NASDAQ
CEO Daniel Shugar sold 21,402 shares of Nextpower Inc. common stock to cover tax obligations and exercise performance options.
NASDAQ
Nextpower Inc. CEO Daniel Shugar exercised 21,402 stock options under a pre-established 10b5-1 trading plan.
NASDAQ
Nextpower Inc. Chief Financial Officer Charles Boynton sold 4,500 shares of common stock pursuant to a pre-arranged 10b5-1 trading plan.
NASDAQ
CEO Daniel Shugar exercised 55,000 performance-based stock options and subsequently sold shares under a 10b5-1 trading plan.

Proxy Statements (Def-14A)

NASDAQ
Nextpower Inc. has announced its 2026 Annual Meeting of Stockholders, scheduled for August 18, 2026, to elect directors, ratify auditors, and approve amendments to its Certificate of Incorporation.
NASDAQ
Nextracker Inc. has filed definitive additional proxy materials with the U.S. Securities and Exchange Commission.
NASDAQ
Nextracker Inc. has filed its definitive proxy statement for its 2025 Annual Meeting of Stockholders, scheduled for August 18, 2025, to vote on director elections, auditor ratification, and executive compensation, following a year of record revenue and profits.
Better than expected
NASDAQ
Nextracker Inc. has filed a definitive proxy statement with the SEC, soliciting material under Section 240.14a-12.
NASDAQ
Nextracker is asking stockholders to approve an amendment to its equity incentive plan to increase the number of shares available for issuance by 11.1 million.

Schedule 13G - Passive Investments

NASDAQ
FMR LLC and Abigail P. Johnson have reported a combined beneficial ownership of 13.6% of NextPower Inc.'s Class A Common Stock as of March 31, 2026.
NASDAQ
Vanguard Capital Management has reported beneficial ownership of 7,535,147 shares, representing 5.07% of Nextpower Inc.'s common stock, as of March 31, 2026.
NASDAQ
The Vanguard Group has reported a 0% beneficial ownership in Nextpower Inc. common stock following an internal corporate realignment.
Worse than expected
NASDAQ
PRIMECAP MANAGEMENT CO/CA/ has reported a 4.68% beneficial ownership stake in Nextpower Inc. as of December 31, 2025.
NASDAQ
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have disclosed beneficial ownership of 11.6% of NextPower Inc.'s Class A Common Stock as of December 31, 2025.
NASDAQ
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a beneficial ownership of 3.6% of Nextracker Inc.'s Class A Common Stock as of March 31, 2025.