Nextracker FY26 Results Lift Shares 15%

Nextracker posted FY Q4 adjusted EPS $1.05 vs consensus $0.93, revenue $881m beating $829.8m, shares up 14.8% after hours.
FY2026 revenue hit $3.56bn, up 20% YoY, despite Q4 revenue down 5% YoY from $924bn prior year.
FY2027 revenue guidance raised to $3.8‑$4.1bn (midpoint $3.95bn) above consensus $3.93bn; EPS guidance $4.21‑$4.59 below consensus $4.79.
Company plans $50m incremental costs to accelerate entry into power conversion market and announced acquisition of key power conversion product lines.