NEXTracker Inc

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Nextracker reports record revenue and raises annual targets amidst market challenges

Nextracker's Q4 2023 performance reflects strong revenue growth, proactive investments, and a commitment to product quality. While facing market challenges and competitive pressures, the company sees significant opportunities in the U.S. and international markets, emphasizing innovation and customer-centric success.

Nextracker excels in Q1, boosts guidance amid global market leadership

Nextracker's Q1 fiscal 2024 earnings call showcased robust financial performance, market leadership, and strategic focus on innovation and customer support.
Despite challenges in the U.S. market and potential steel price impacts, Nextracker's strong financial position, global supply chain, and product innovation position it well for growth.
With increased revenue and EBITDA guidance, strong international performance, and market expansion opportunities, Nextracker is poised for continued success in the solar technology sector.

Nextracker reports record Q2 earnings, eyes growth in India

Nextracker's Q2 performance was strong, marked by record revenue, increased guidance, and a new backlog exceeding $3 billion, positioning the company for growth.
The company's focus on innovation, software adoption, and market presence in India presents opportunities for differentiation and expansion.
While facing challenges in pricing negotiations and managing margins, Nextracker's strategic initiatives and financial strength bode well for future growth.
Overall, Nextracker's performance, strengths, and opportunities outweigh the challenges, indicating a positive trajectory for the company.

Nextracker (NXT) excels in Q3 with record revenue and global expansion

Nextracker Inc (NXT) delivered a stellar performance in Q3 2024, with record revenue, strong EBITDA, and a focus on innovation and quality.
Despite market challenges and project delays, the company's financial strength, global expansion, and product quality position it for continued success.
Opportunities lie in market dynamics favoring renewable energy, global expansion, and sustained demand, driving Nextracker's growth trajectory.

Nextracker Inc achieves record revenue and profits, eyes global expansion

Nextracker Inc delivered exceptional financial performance in Q4 and FY 2024, driven by revenue growth and profitability.
The company's strengths lie in its financial health, innovative solutions, and commitment to sustainability.
Challenges include pricing pressure, potential delays, and the need to balance growth with resilience.
Opportunities for Nextracker include global market expansion, cost optimization, and industry leadership aspirations.

NEXTracker Inc (NXT) reports robust Q1 results and eyes clean energy expansion

NEXTracker Inc (NXT) delivered strong financial performance in Q1 2025, driven by revenue growth, innovative product solutions, and strategic acquisitions.
While facing challenges such as supply chain costs and market share concerns, the company is well-positioned to capitalize on opportunities in expanding markets and advancing clean energy initiatives.
Overall, NEXTracker's performance, strengths, and focus on growth underscore its resilience and potential for continued success in the clean energy sector.

NEXTracker Inc (NXT) reports robust Q2 performance and eyes strategic growth

NEXTracker Inc (NXT) showcases strong performance, operational expansion, and robust margins in Q2 2025.
The company's competitive strengths, stable project pipeline, and strategic investments position it well for future growth.
Challenges in maintaining margins and managing expenses require careful attention for sustained profitability.
Opportunities lie in expanding the Foundation business, R&D investments, market exploration, and software value proposition.
CEO Dan Shugar expresses confidence in the company's future prospects and growth trajectory.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Nextracker, Inc. engages in the provision of integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects. Its products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. The company was founded by Daniel S. Shugar, Alexander Au, Nicholas Miller, Michael Mehavich, Marco Garcia, and Tyroan Hardy in 2013 and is headquartered in Fremont, CA.

Altus Power

Atlantica Sustainable Infrastructure

Canadian Solar

Sunrun

Shoals Technologies Group

SunPower

There are some great solar stocks to buy for February. These companies trade at attractive valuations and have great growth prospects.

7 Solar Stocks That Could Make Your February Unforgettable

e.l.f. Beauty

Vertiv Holdings Co

As this bull market heats up, frothy valuations are beginning to show up. Some companies are garnering unwarranted attention by just mentioning AI in their earnings call.

The 3 Most Undervalued Growth Stocks to Buy in February 2024

Brookfield Renewable Partners

Sprott Junior Uranium Miners ETF

This week, the World Resources Institute released a report on the current outlook for renewable energy. The report, which objectively covered many recent renewable wins, admitted that “the biggest factor influencing the future of U.S. clean energy development will be results of the 2024 presidential election.

3 Renewable Energy Stocks to Own Before the Election Frenzy Begins

Clearway Energy

NextEra Energy

Renewable energy has been one of the fastest-growing sectors over the past decades. The federal energy subsidies and incentives for renewable energy companies have more than doubled from 7.4 billion in FY 2016 to 15.6 billion in FY 2022.

3 Strong Buy Renewable Energy Stocks to Add to Your February Must-Watch List

First Solar

Invesco Solar ETF

Higher interest rates cause challenges to the solar industry due to increased financing costs. Solar stocks have plummeted as a result.

Solar Industry Update: One Solar Company Shines Above the Rest

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker's DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing verticals. To capture this DG growth and support its growing global ecosystem of DG.

Nextracker Accelerates in Distributed Generation (DG) Solar with Two New Strategic Value-Added Reseller Partners and Over 600 DG Projects Delivered

Nextracker (NXT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Nextracker (NXT): Will It Gain?

Inflation Reduction Act (IRA) benefits and increasing installation activities should benefit U.S. solar industry amid declining module pricing. You may keep FSLR, NXT and SPWR in your watchlist.

3 Solar Stocks to Watch Amid Declining Solar Module Pricing

Array Technologies

Solar energy stocks have had a rollercoaster ride in the past few years. From solar panels to microinverters, there is no part of a solar energy system that can't experience supply and demand shock.

2 solar tracker stocks to make your portfolio sizzle in 2024

Nextracker's soared this week after the company reported earnings that beat expectations by a wide margin, raised its guidance and reported a record backlog.

Nextracker CEO says 'solar is unstoppable' as market sees 'unprecedented demand growth'

Solar stocks struggled in 2023 and early 2024 due to sluggish demand and a deteriorating outlook for growth, but Nextracker Inc. NASDAQ: NXT is not your run-of-the-mill solar stock.

Nextracker: The sun is rising for this solar stock

Wall Street is racing up to raise its price target on Nextracker Inc (NASDAQ: NXT) after the solar tracker solutions company reported exceptionally strong results for its fiscal third quarter.   Nextracker stock has upside to $73 Nextracker stock is already up a whopping 20% at writing.

Nextracker stock price targets raised after an impressive Q3

Nextracker Inc. (NXT) Q3 2024 Earnings Call Transcript

NXT stock jumped late Wednesday after solar company Nextracker posted December quarter earnings results that topped views.

Solar Stock Leader Nextracker Soars On Beat-And-Raise Report

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), one of the world's leading providers of intelligent solar tracker and software solutions, today announced financial results for the third quarter ended December 31, 2023. Q3 FY2024 Financial Highlights: Revenue $710 million, up 38% YoY GAAP net income $128 million, diluted EPS $0.87 Adjusted EBITDA $168 million, up 168% YoY Adjusted net income $142 million, adjusted diluted EPS $0.96 Q3 FY2024 Business Highlights: Strong execution, sig.

Nextracker Reports Q3 FY24 Financial Results

Nextracker is a global leader in the solar tracking industry. The company benefits from the solar power ecosystem growth. NXT is growing profitably, presents a healthy balance sheet, strong consecutive ER, and has the potential to be a successful and fruitful investment.

Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) will announce its third quarter fiscal 2024 financial results after the market closes on Wednesday, January 31, 2024. The company will hold a conference call to discuss the results on the same day at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Q3 FY2024 Earnings Call January 31, 2024 1:30 p.m. PT / 4:30 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available.

Nextracker to Announce Third Quarter Fiscal 2024 Results on January 31, 2024

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker Inc. (Nasdaq: NXT), a leading global provider of intelligent solar tracker and software solutions, today announced the appointment of Julie Blunden and Howard Wenger to its Board of Directors, effective January 2, 2024. Blunden is an accomplished executive leader and strategic advisor currently serving on the Board of four organizations in the energy sector. Wenger is a solar industry pioneer and has served as president of Nextracker since February 2.

Nextracker Appoints Two New Members to Board of Directors

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker Inc. (Nasdaq: NXT), a leading global provider of intelligent solar tracker and software solutions, today announced the completion of Flex Ltd.'s spin-off of all of its remaining interests in Nextracker to Flex shareholders. This, together with certain other transactions relating to the spin-off also announced by Flex today, resulted in a Nextracker ownership separation from Flex. “We are appreciative of our time with Flex, and are excited about our f.

Nextracker Announces Completion of Its Separation from Flex

Constellation Energy Corp

ReNew Energy Global PLC

The International Energy Agency projects cumulative world renewable capacity to reach more than 4500 gigawatts (GW) at the end of 2024. This should encourage one to buy stocks like CEG, RNW and NXT.

3 Renewable Energy Stocks Poised to Beat the Market in 2024

ARM Holdings PLC

Instacart (Maplebear Inc.)

Cava Group, Inc.

Oddity Tech Ltd

RayzeBio Inc

ACELYRIN Inc

After navigating treacherous waters in the preceding year, the US initial public offering (IPO) market embarked on a path of recovery in 2023, signaling the inception of a new upcycle.

The 2023 IPO scene: Biggest hits and misses

Beacon Roofing Supply

FlexShopper

Hagerty

Sunoco

BECN, SUN, NXT, FPAY and HGTY have been added to the Zacks Rank #1 (Strong Buy) List on December 19, 2023.

New Strong Buy Stocks for December 19th

DUBAI, United Arab Emirates--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a leading global provider of intelligent solar tracker and software solutions, today announced it has surpassed a corporate milestone of 10 GW of smart solar trackers either operational or under fulfilment for projects located in the Middle East, Africa, and India. In parallel timing with the United Nations COP28 Climate Change conference held in Dubai over the last two weeks, this milestone was achieved this month after se.

Nextracker Achieves 10-Gigawatt Milestone in Middle East, Africa, and India Solar Power Markets

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) announced today that Company leaders will present at the upcoming investor conference: 2024 Goldman Sachs Energy, CleanTech & Utilities Conference Fireside Chat January 5, 2024 7:00 a.m. PT / 10:00 a.m. ET Live webcast will be available on investors.nextracker.com The webcast replay will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent,.

Nextracker to Present at the Goldman Sachs Energy, CleanTech & Utilities Conference

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) announced today that its founder and CEO Dan Shugar was named Chief Trailblazer of the Year at S&P Global's 25th Annual Platts Global Energy Awards. Judges selected Mr. Shugar for his leadership and contributions to industry-critical solar technology innovation supporting the global energy transition to more reliable, secure, and cleaner energy. Under Dan's leadership, Nextracker successfully pioneered and commercialized the industr.

News for NEXTracker Inc Stock (NXT)