NextPower Q1 FY27 GAAP diluted EPS rises 10.31% to $1.07; revenue increases 6.2% to $935 million

NextPower posted Q1 FY27 revenue of $935 million, up 6.16% from Q4 FY26.

GAAP net income rose 9.79% from Q4 FY26 to $165 million, lifting diluted EPS to $1.07 from $0.97.

GAAP gross margin widened to 35.9% from 33.8% in Q4 FY26; adjusted EBITDA climbed 15.32% to $233 million.

Backlog grew to more than $5.5 billion; Prevalon, closed in July 2026, adds incremental backlog significantly above $300 million.

NextPower raised FY27 revenue outlook to $4.1 billion-$4.4 billion, projecting GAAP diluted EPS of $3.42-$3.64.