NEXTracker Inc (NXT) Q4 2025 Earnings Call Highlights: Record Revenue and Strategic ...

GuruFocus News

Thu, May 15, 2025, 12:19 AM 4 min read

• Revenue: Q4 gross reached a grounds $924 million, up 26% year-over-year; full-year gross astir $3 billion, an 18% summation implicit fiscal '24.

• Adjusted EBITDA: Q4 adjusted EBITDA was $242 million, a 52% summation year-over-year; full-year adjusted EBITDA was $776 million, up 49% compared to fiscal '24.

• Adjusted Gross Margin: Q4 adjusted gross borderline was 33.4%, down 260 ground points from Q3.

• Adjusted Diluted EPS: Fiscal '25 adjusted diluted EPS was $4.22, up 38% year-over-year; Q4 adjusted EPS was $1.29, a 34% summation compared to the anterior year.

• Adjusted Free Cash Flow: Q4 adjusted escaped currency travel was $227 million; full-year adjusted escaped currency travel was $622 million.

• Operating Cash Flow: Q4 operating currency travel was $237 million.

• Cash and Liquidity: Ended the twelvemonth with $766 cardinal successful currency and astir $1.7 cardinal of full liquidity.

• Debt and Acquisitions: Used $150 cardinal to discontinue indebtedness and $152 cardinal for acquisitions, including Bentek Corporation.

• Fiscal 2026 Outlook: Expected gross betwixt $3.2 cardinal and $3.4 billion; adjusted EBITDA betwixt $700 cardinal and $775 million; adjusted diluted EPS betwixt $3.65 and $4.03.

• CapEx and OpEx Plans: FY26 CapEx planned astatine astir $100 million; OpEx to summation by astir 100 ground points arsenic a percent of revenue.

• Warning! GuruFocus has detected 2 Warning Sign with NXT.

Release Date: May 14, 2025

For the implicit transcript of the net call, delight notation to the full net telephone transcript.

• NEXTracker Inc (NASDAQ:NXT) achieved $3 cardinal successful gross for fiscal twelvemonth 2025, surpassing their forecast of $2.8 cardinal to $2.9 billion.

• The institution delivered $785 cardinal successful adjusted EBITDA, exceeding their forecast of $600 cardinal to $650 million.

• NEXTracker Inc (NASDAQ:NXT) has a beardown marketplace position, being the planetary and US marketplace stock person for 9 consecutive years.

• The company's backlog has much than doubled from $2.1 cardinal astatine their IPO successful February 2023 to implicit $4.5 billion.

• NEXTracker Inc (NASDAQ:NXT) is expanding its merchandise offerings by acquiring Bentek Corporation, enhancing their star powerfulness level capabilities.

• The company's adjusted gross borderline successful Q4 was 33.4%, down 260 ground points from Q3 owed to onetime benefits recognized successful the anterior quarter.

• NEXTracker Inc (NASDAQ:NXT) anticipates accrued OpEx arsenic a percent of gross by astir 100 ground points successful fiscal 2026.

• The institution expects to summation CapEx to astir $100 cardinal successful fiscal 2026, which whitethorn interaction escaped currency flow.

• There are ongoing argumentation uncertainties, peculiarly related to the location taxation bill, which could interaction aboriginal business.

• International margins are mostly little compared to the US, which could impact wide profitability arsenic the institution expands globally.