Filing Flows › Nextpower (NXT) › Q3 FY26
Nextpower (NXT) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jan 30, 2026
Nextpower (NXT) reported revenue of $909M for the third quarter fiscal 2026 (Q3 FY26), +34% from a year earlier and +0.5% from the quarter before. Operating margin was 19.4%, net earnings $131M (14.4% of revenue).
Nextpower, Q3 FY26: revenue $909M (+34% year over year), operating margin 19.4%, net earnings $131M, operating cash flow $123M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $909M | +0.5% | +34% |
| Gross profit | $288M | -2% | +20% |
| Operating profit | $176M | -3% | +17% |
| Net earnings | $131M | -11% | +12% |
| Operating cash flow | $123M | -34% | -14% |
| Free cash flow | $119M | -31% | -12% |
What changed
Revenue was $909.4M in Q3 FY26, up 34% year over year and roughly flat from the previous quarter.
Gross margin was 31.7%, down 3.8 points from a year earlier. Operating profit was $176.1M, a 19.4% margin (down 2.7 points year over year). Of the extra revenue versus a year earlier, 11% reached operating profit, below the 22% margin then. Operating expenses grew 24% against revenue growth of 34%. The fastest-growing cost line was Research & development (+46%). Net earnings were $131.2M, up 14% year over year. The effective tax rate was 27.3%.
Operating cash flow was $123.3M (down 14% year over year), 94% of net earnings. Non-cash charges added back $8.4M of depreciation and amortization and $33.9M of share-based compensation. Working capital and other items used $50.2M. Capital expenditures of $4.7M left free cash flow of $118.5M.
Questions
What was Nextpower's revenue in the third quarter fiscal 2026?
Nextpower (NXT) reported revenue of $909M for the third quarter fiscal 2026 (Q3 FY26), +34% from a year earlier and +0.5% from the quarter before.
Was Nextpower profitable in the third quarter fiscal 2026?
Operating profit was $176M (19.4% of revenue) and net earnings $131M.
Source: Nextpower 10-Q on SEC EDGAR.