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.
Revenue of Nextracker Inc. (NXT)
Revenue in 2024 (TTM): $2.5 B
According to Nextracker Inc.'s latest financial reports the company's current revenue (TTM) is $2.5 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Nextracker Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2024 | $2.5 B | $813.05 M | $591.48 M | $608 M | $306.24 M |
| 2023 | $1.9 B | $286.97 M | $173.11 M | $169.08 M | $1.14 M |
| 2022 | $1.46 B | $147.03 M | $77.05 M | $65.11 M | $50.91 M |
| 2021 | $1.2 B | $231.98 M | $175.34 M | $158.03 M | $124.35 M |
| 2020 | $1.17 B | $212.91 M | $166.85 M | $148.93 M | $118.26 M |
| 2019 | $660.74 M | $49.03 M | $19.67 M | $760 K | $-1,590,000 |