NEXTracker Q3 2025 Earnings Report
Key Takeaways
Nextracker reported strong Q3 FY25 results, with record revenue and profit driven by robust demand and successful deployment of new products. The company's backlog increased to significantly greater than $4.5 billion. They reaffirmed their FY25 revenue outlook and raised their FY25 profit outlook.
Record backlog increased to significantly greater than $4.5 billion, supported by robust demand in all key regions.
Expanded manufacturing and supply chain network to over 70 manufacturing partners operating more than 90 facilities across 19 countries.
Shipped the first 100% U.S. domestic content solar trackers.
Deployed newly launched products and features at scale, including NX Horizon Hail Proâ„¢, NX Horizon-XTRâ„¢, and NX-Anchorâ„¢.
NEXTracker
NEXTracker
Forward Guidance
Nextracker reaffirmed its FY25 revenue outlook of $2.8 to $2.9 billion and raised its FY25 profit outlook.
Positive Outlook
- Revenue: $2.8 to $2.9 billion
- GAAP Net Income: $467 to $497 million
- GAAP Diluted EPS: $3.11 to $3.31
- Adjusted EBITDA: $700 to $740 million
- Adjusted Diluted EPS: $3.75 to $3.95