Nextpower reported a strong Q3 FY2026, with revenues up 34% year-over-year to $909 million and an upgraded financial outlook, fueled by increased customer demand and a robust backlog.

• Q3 adjusted EBITDA rose 15% to $214 million, reflecting operational excellence and financial discipline.
• Customer bookings surged, driving backlog growth, particularly in the U.S., where revenue increased 63% year-over-year.
• Nextpower Arabia joint venture set to supply 2.25 gigawatts, marking a significant step in localizing renewable energy manufacturing in the Middle East.
• Achieved investment-grade rating as the first pure-play solar product company, enhancing confidence for project financing and support.
• Comprehensive strategy transition from solar tracking systems to an integrated solar technology platform gaining positive customer traction.