See more : BOC Aviation Limited (BCVVF) 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.
- Jing-jin Electric Technologies Co.,Ltd. (688280.SS) Income Statement Analysis – Financial Results
- CK Infrastructure Holdings Limited (CKISF) Income Statement Analysis – Financial Results
- Chongqing Yukaifa Co., Ltd (000514.SZ) Income Statement Analysis – Financial Results
- The Chugoku Electric Power Co., Inc. (CGKEF) Income Statement Analysis – Financial Results
- Asiasec Properties Limited (0271.HK) Income Statement Analysis – Financial Results
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 (NXT) Outperforms Broader Market: What You Need to Know
Solar Stocks Shine As Inflation Cools; First Solar, Nextracker, Enphase Drive TAN ETF Higher
Solar Revolution Gaining Traction: 3 Stocks to Keep an Eye on
Meta Leads Five Stocks Near Buy Points As Market Rally Flashes Deep Green
Renewable energy will be the predominant power source for data centers, Nextracker CEO says
IPO Stock Of The Week Nextracker Approaches New Buy Point After 28% Surge
Nextracker (NXT) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Nextracker to Present at the J.P. Morgan Energy, Power & Renewables Conference
Nextracker Inc. (NXT) is Attracting Investor Attention: Here is What You Should Know
Next and Harley Davidson in dispute over ‘copycat' t-shirt
Source: https://incomestatements.info
Category: Stock Reports