Nextpower Inc. filed its Form 10-Q for the quarterly period ended October 2, 2026 with the U.S. Securities and Exchange Commission on November 2, 2026, reporting second-quarter and first-half financial results for fiscal year 2027.

Key Highlights

  • Quarterly revenue of $1,109,276 thousand: Revenue for the three-month period ended October 2, 2026 rose to $1,109,276 thousand, compared with $905,268 thousand for the same period a year earlier, according to the filing.
  • Net income of $165,453 thousand for the quarter: The company reported net income of $165,453 thousand for the three-month period, versus $146,861 thousand in the prior-year quarter.
  • Diluted EPS of $1.08 for the quarter: Diluted earnings per share for the three months ended October 2, 2026 were $1.08, compared with $0.97 for the three months ended September 26, 2025.
  • Six-month net income of $330,808 thousand: For the first half of the fiscal year, the company reported net income of $330,808 thousand, up from $304,044 thousand in the comparable prior-year period.
  • Total assets of $4,639,462 thousand: As of October 2, 2026, total assets stood at $4,639,462 thousand, compared with $4,073,212 thousand as of March 31, 2026.
  • Share repurchases of $162,068 thousand: During the six-month period ended October 2, 2026, the company repurchased 1,801,758 shares of common stock for $162,068 thousand.
  • 150,575,535 shares outstanding as of October 26, 2026: The filing reports this common share count as of that date.

Nextpower Reports Higher Revenue and Earnings for Second Quarter of Fiscal 2027

According to the 10-Q filed by Nextpower Inc. (NASDAQ:NXT), the company generated revenue of $1,109,276 thousand for the three-month period ended October 2, 2026, an increase from $905,268 thousand reported for the three-month period ended September 26, 2025. Gross profit for the quarter was $345,316 thousand, compared with $292,860 thousand in the year-ago quarter. Operating income was reported at $207,546 thousand for the current quarter versus $181,345 thousand a year earlier.

For the six-month period ended October 2, 2026, the filing disclosed revenue of $2,044,446 thousand and operating income of $398,453 thousand, against $1,769,521 thousand and $367,575 thousand, respectively, for the six months ended September 26, 2025. Research and development expenses for the first half of fiscal 2027 were $90,076 thousand, up from $48,449 thousand in the comparable prior-year period. Selling, general and administrative expenses rose to $192,640 thousand from $158,562 thousand over the same comparison.

On the balance sheet as of October 2, 2026, the filing shows cash and cash equivalents of $1,029,886 thousand, accounts receivable (net) of $584,299 thousand, and a Section 45X credit receivable of $359,681 thousand. Total stockholders' equity increased to $2,645,807 thousand from $2,334,397 thousand as of March 31, 2026, reflecting the $330,808 thousand net income for the period offset in part by $162,068 thousand in share repurchases. Goodwill grew to $653,594 thousand from $488,950 thousand over the same period, and other intangible assets, net, increased to $233,382 thousand from $78,046 thousand, changes the filing attributes in part to acquisition-related activity, including $50,000 thousand in acquisition-related deferred stock consideration recorded during the period.

What Was Disclosed

Nextpower Inc. filed a quarterly report on Form 10-Q covering the period ended October 2, 2026, disclosing revenue, earnings, balance sheet, and equity activity for the second quarter and first half of its fiscal year, along with share count and repurchase information.