Nextpower Raises FY27 Guidance Amid Strong Growth
Nextpower has outlined an ambitious revenue forecast of $3.8 billion to $4.1 billion for fiscal year 2027, demonstrating confidence in sustained market demand. The company reported impressive twenty percent revenue growth in the fourth quarter of fiscal 2026, signaling robust operational performance and market expansion. Most notably, Nextpower achieved a record backlog of $5.25 billion, providing substantial visibility into future revenue streams and reflecting strong customer demand across its business segments.
The company is strategically investing $130 million to expand its power conversion capabilities, a critical move positioning it for long-term competitiveness in the evolving energy infrastructure market.
MA
Wednesday, May 13, 2026 at 11:20 AM
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