Group 1: Financial Performance - Nextracker's revenue for Q4 FY2025 reached $924 million, exceeding consensus expectations of $831 million by 11%[2] - Adjusted EBITDA for Q4 FY2025 was $242 million, surpassing the consensus estimate of $195 million by 24%[5] - The company expects FY2026 revenue to be between $3.2 billion and $3.4 billion, higher than the consensus estimate of $3.17 billion[2] Group 2: Profitability and Margins - Adjusted net income for Q4 FY2025 was $193 million, exceeding market expectations of $139 million by 39%[5] - The gross margin for Q4 FY2025 was maintained at a high level of 33.4%[2] - The company anticipates FY2026 gross margin to remain in the low 30% range[2] Group 3: Order Backlog and Market Demand - Nextracker's backlog at the end of Q4 FY2025 exceeded $4.5 billion, indicating strong solar demand[3] - The company reported a shipment-to-order ratio greater than 1, reflecting robust order fulfillment[3] Group 4: Strategic Initiatives - Nextracker announced the acquisition of US Bentek Corporation for approximately $78 million, enhancing its supply chain integration[3] - The company emphasized its commitment to local sourcing, achieving 100% localization of components in the U.S.[3]
营收大幅超预期，2026财年息税折摊前利润指引远高于一致预期
Haitong Securities International·2025-05-20 11:01