Basic earnings per share excludes dilution and is computed by dividing net income available to Nextpower common stockholders by the weighted-average number of shares of Class A common stock outstanding during the applicable periods.

Diluted earnings per share reflects the potential dilution from stock-based compensation awards. The potential dilution from awards was computed using the treasury stock method based on the average fair market value of the Company’s common stock for the period. Additionally, the potential dilution impact of Class B common stock convertible into Class A common stock was also considered in the calculation.


	Three-month periods ended
	December 31, 2025					December 31, 2024
	Income		Weighted average shares outstanding	Per share		Income		Weighted average shares outstanding	Per share
	Numerator		Denominator	Amount		Numerator		Denominator	Amount
	(In thousands, except share and per share amounts)
Basic EPS
Net income attributable to Nextpower Inc. common stockholders	$	131,236	148,414,202	$	0.88	$	115,283	143,663,514	$	0.80

Effect of Dilutive Impact
Common stock equivalents from options awards (1)			2,302,620					968,945
Common stock equivalents from RSUs (2)			1,633,198					1,207,196
Common stock equivalents from PSUs (3)			1,571,057					1,279,376
Income attributable to non-controlling interests and common stock equivalent from Class B common stock	$	—	—			$	2,091	1,908,827

Diluted EPS
Net income	$	131,236	153,921,077	$	0.85	$	117,374	149,027,858	$	0.79

(1)During the three-month periods ended December 31, 2025 and December 31, 2024, no options awards and approximately 0.8 million options awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.

(2)During the three-month periods ended December 31, 2025 and December 31, 2024, no RSU awards and approximately 0.8 million RSU awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.

(3)During the three-month periods ended December 31, 2025 and December 31, 2024, no PSU awards and approximately 0.7 million PSU awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.


	Nine-month periods ended
	December 31, 2025					December 31, 2024
	Income		Weighted average shares outstanding	Per share		Income		Weighted average shares outstanding	Per share
	Numerator		Denominator	Amount		Numerator		Denominator	Amount
	(In thousands, except share and per share amounts)
Basic EPS
Net income attributable to Nextpower Inc. common stockholders	$	435,280	147,806,164	$	2.94	$	352,374	143,102,231	$	2.46

Effect of Dilutive Impact
Common stock equivalents from Options awards (1)			1,852,787					1,172,201
Common stock equivalents from RSUs (2)			1,329,262					1,321,654
Common stock equivalents from PSUs (3)			1,073,552					1,249,832
Income attributable to non-controlling interests and common stock equivalent from Class B common stock	$	—	—			$	7,058	2,288,086

Diluted EPS
Net income	$	435,280	152,061,765	$	2.86	$	359,432	149,134,004	$	2.41

(1)During the nine-month periods ended December 31, 2025 and December 31, 2024, no options awards and approximately 0.8 million options awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.

(2)During the nine-month periods ended December 31, 2025 and December 31, 2024, no RSU awards and approximately 0.6 million RSU awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.