Nextracker Inc. updated earnings guidance for the fiscal year 2026. For the period, the company updates Revenue to be in the range of $3.275 billion to $3.475 billion compared to previous guidance of $3.2 billion to $3.45 billion. The company expects GAAP Net Income to be in the range of $499 million to $529 million compared to previous guidance of $496 million to $543 million.
GAAP Diluted EPS is expected to be in the range of $3.26 to $3.46 compared to previous guidance of $3.24 to $3.55.
Nextracker Inc. is a provider of integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects. Its products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. Its products include NX Horizon, NX Gemini, TrueCapture, and NX Navigator. Its solutions include Bifacial PV modules, Large Format Modules, and First Solar Series 6 (FSLR6) Modules. NX Horizon is a one-in-portrait (1P) smart solar tracker system that delivers the lowest levelized cost of energy (LCOE). NX Gemini is its two-in-portrait (2P) format tracker which holds two rows of solar panels along the central support beam. TrueCapture is its flagship software offering, which is a self-adjusting tracker control system that uses machine learning to enhance solar power plant energy yield. It has operations in the United States, Brazil, Mexico, Spain, India, Australia, the Middle East and Brazil.
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