Nextpower Targets $3.8B-$4.1B Revenue in FY27, Boosts Power Conversion Spend

Nextpower Inc. forecasts FY27 revenue of $3.8-$4.1 billion after posting 20% YoY growth and a $5.25 billion backlog in FY26. Nextpower Inc. outlined a FY27 revenue target of $3.8 billion to $4.1 billion while committing $130 million to expand its power conversion capacity.

Nextpower Inc. forecasts FY27 revenue of $3.8-$4.1 billion after posting 20% YoY growth and a $5.25 billion backlog in FY26.

Nextpower Inc. outlined a FY27 revenue target of $3.8 billion to $4.1 billion while committing $130 million to expand its power conversion capacity. The company cited a strong fiscal 2026 close, driven by 20% year-over-year revenue growth and record profitability.

FY26 performance included a backlog exceeding $5.25 billion, reflecting robust demand. Management highlighted operational strength across segments, positioning the company for continued expansion amid market growth.

No immediate market reaction was disclosed in the earnings call summary.

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