See more : Vince Holding Corp. (VNCE) Income Statement Analysis – Financial Results
Complete financial analysis of Nextracker Inc. (NXT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Nextracker Inc., a leading company in the Solar industry within the Energy sector.
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Nextracker Inc. (NXT)
About Nextracker Inc.
Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Revenue | 2.50B | 1.90B | 1.46B | 1.20B | 1.17B | 660.74M |
| Cost of Revenue | 1.69B | 1.62B | 1.31B | 963.64M | 958.38M | 611.71M |
| Gross Profit | 813.05M | 286.97M | 147.03M | 231.98M | 212.91M | 49.03M |
| Gross Profit Ratio | 32.52% | 15.09% | 10.09% | 19.40% | 18.18% | 7.42% |
| Research & Development | 42.36M | 21.62M | 14.18M | 13.01M | 8.64M | 8.56M |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.80M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 35.51M |
| SG&A | 183.57M | 96.87M | 66.95M | 60.44M | 55.36M | 39.31M |
| Other Expenses | 0.00 | 2.43M | -765.00K | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 225.93M | 118.49M | 81.12M | 73.45M | 64.00M | 47.87M |
| Cost & Expenses | 1.91B | 1.73B | 1.39B | 1.04B | 1.02B | 659.57M |
| Interest Income | 0.00 | 1.83M | 34.00K | 20.00K | 24.00K | 227.00K |
| Interest Expense | 13.82M | 1.83M | 799.00K | 502.00K | 0.00 | 0.00 |
| Depreciation & Amortization | 4.36M | 4.63M | 11.20M | 16.81M | 17.70M | 18.50M |
| EBITDA | 591.48M | 174.55M | 76.31M | 175.34M | 166.85M | 19.67M |
| EBITDA Ratio | 23.66% | 9.10% | 5.29% | 14.67% | 14.25% | 2.98% |
| Operating Income | 587.12M | 168.49M | 65.91M | 158.53M | 148.91M | 1.17M |
| Operating Income Ratio | 23.49% | 8.86% | 4.52% | 13.26% | 12.71% | 0.18% |
| Total Other Income/Expenses | 20.88M | 598.00K | -799.00K | -502.00K | 24.00K | -407.00K |
| Income Before Tax | 608.00M | 169.08M | 65.11M | 158.03M | 148.93M | 760.00K |
| Income Before Tax Ratio | 24.32% | 8.89% | 4.47% | 13.22% | 12.71% | 0.12% |
| Income Tax Expense | 111.78M | 47.75M | 14.20M | 33.68M | 30.67M | 2.35M |
| Net Income | 306.24M | 1.14M | 50.91M | 124.35M | 118.26M | -1.59M |
| Net Income Ratio | 12.25% | 0.06% | 3.49% | 10.40% | 10.10% | -0.24% |
| EPS | 3.97 | 0.02 | 1.11 | 3.23 | 3.07 | -0.04 |
| EPS Diluted | 2.08 | 0.01 | 1.11 | 3.23 | 3.07 | -0.04 |
| Weighted Avg Shares Out | 77.07M | 45.89M | 45.87M | 38.54M | 38.54M | 38.54M |
| Weighted Avg Shares Out (Dil) | 147.28M | 145.85M | 45.87M | 38.54M | 38.54M | 38.54M |
Nextracker Inc. (NXT) is Attracting Investor Attention: Here is What You Should Know
Nextracker (NXT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Nextracker (NXT) Stock Dips While Market Gains: Key Facts
Nextracker (NXT) concluded the recent trading session at $33.52, signifying a -0.15% move from its prior day's close.
NXT Energy Solutions to Present at the LD Micro Main Event XVII
CALGARY, AB / ACCESSWIRE / October 18, 2024 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) today announced that Bruce G. Wilcox, NXT's CEO, will be presenting at the 17th Annual LD Micro Main Event at the Luxe...
NXT Energy Solutions' SFD Awarded Best Exploration Technology At the 2024 Gulf Energy Information Excellence Awards
CALGARY, AB / ACCESSWIRE / October 11, 2024 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to announce that it has been awarded the "Best Exploration Technology" at the 2024 Gulf Energy Information Excellence Awards, on...
Nextracker (NXT) Advances But Underperforms Market: Key Facts
In the latest trading session, Nextracker (NXT) closed at $35.24, marking a +0.31% move from the previous day.
Nextracker to Announce Second Quarter Fiscal 2025 Financial Results on October 30, 2024
FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) will announce its second quarter fiscal 2025 financial results after the market closes on Wednesday, October 30, 2024. The company will hold a conference call to discuss the results on the same day at 2:00...
Nextracker Inc. (NXT) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Nextracker (NXT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Why Nextracker (NXT) is Poised to Beat Earnings Estimates Again
Nextracker (NXT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
NEXTracker Inc (NXT) Shares Down 4.05% on Oct 2
Shares of NEXTracker Inc (NXT, Financial) fell 4.05% in mid-day trading on Oct 2. The stock reached an intraday low of $35.93, before recovering slightly to $36.49, down from its previous close of $38.03.
Is Nextracker (NXT) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Source: https://incomestatements.info
Category: Stock Reports