Nextpower reports record Q2 fiscal 2027 results

Nextpower announced its Q2 fiscal year 2027 financial results and provided an updated full-year outlook.

• Reported record revenue of $1.109 billion, net income of $165 million, adjusted EBITDA of $250 million, and backlog above $6 billion for the quarter ended October 2, 2026.
• Said it completed the Zimmermann PV-Steel Group acquisition for approximately €230 million and announced that Sarah Slusser and Michael Alvarez will join the board; it also updated FY2027 outlook to $4.2 billion to $4.45 billion revenue and $890 million to $940 million adjusted EBITDA.