Nextracker (US:NXT)2025-07-29 21:00Financial Performance - Revenue for Q1 FY26 reached $864 million, a 20% year-over-year increase[3, 10] - Adjusted EBITDA for Q1 FY26 was $215 million, up 23% year-over-year[3, 10, 50] - Adjusted free cash flow for Q1 FY26 was $70 million[3, 11, 51] - The company maintains a strong cash balance of $743 million with no debt and nearly $1.7 billion in total liquidity[3, 11] - Adjusted diluted EPS for Q1 FY26 was $1.16[3, 61] Market Position and Growth - Nextracker achieved 1 global market share for the 10th consecutive year, increasing its share from 23% to 26% in 2024[15] - The company commands 1 market share in North America, Latin America, Oceania, and now also in Europe[16] - Total backlog exceeded $4.75 billion[3, 12, 14] Strategic Initiatives - Invested $87 million in acquisitions for new growth initiatives in Q1 FY26[3, 11] - Announced a technology initiative in advanced robotics and AI, including three prior acquisitions for over $40 million[6, 31] Fiscal Year 2026 Outlook - Increased expected revenue to be in the range of $3.2 billion to $3.45 billion[42, 44] - Adjusted EBITDA is expected to be in the range of $750 million to $810 million[42, 44] - Adjusted diluted EPS is expected to be in the range of $3.96 to $4.27 per share[42, 44]