Nextracker Inc. (NXT) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2026, Nextracker reported revenue of $3.56B, up 20.3% from $2.96B the year before. Net income was $585.9M (a 16.5% net margin), or $3.84 per diluted share. Gross margin was 32.6% and operating margin was 19.6%. Operating activities generated $562.9M of cash, leaving $513.6M of free cash flow. At fiscal year end, Nextracker held $4.07B in total assets against $1.74B in total liabilities, including $1.09B of cash and equivalents.
Open the full interactive Nextracker financials → Quarterly statements, key ratios, valuation history and price charts.
Nextracker Key Stats
| Share Price | $88.77 |
|---|---|
| Market Cap | $13.77B |
| P/E Ratio | 23.1 |
| Revenue YoY Growth | +20.3% |
| 52-Week Range | $77.93 – $156.40 |
| Shares Outstanding | 150.8 million (basic, 2027 Q1) |
Nextracker Income Statement
| FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|
| Revenue | $1.90B | $2.50B | $2.96B | $3.56B |
| Gross Profit | $287.0M | $813.0M | $1.01B | $1.16B |
| Operating Income | $168.5M | $587.1M | $639.1M | $697.3M |
| Pre-Tax Income | $169.1M | $608.0M | $648.0M | $713.8M |
| Income Tax | $47.8M | $111.8M | $130.8M | $127.9M |
| Net Income | $1.1M | $306.2M | $509.2M | $585.9M |
| Diluted EPS | $0.02 | $3.37 | $3.47 | $3.84 |
Nextracker Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $905.3M | $909.4M | $880.5M | $935.2M |
| Net Income | $146.9M | $131.2M | $150.6M | $165.4M |
| Diluted EPS | $0.97 | $0.85 | $0.99 | $1.07 |
Nextracker Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|
| Cash & Equivalents | $130.0M | $474.1M | $766.1M | $1.09B |
| Current Assets | $872.3M | $1.77B | $2.16B | $2.85B |
| Total Assets | $1.42B | $2.52B | $3.19B | $4.07B |
| Current Liabilities | $507.4M | $891.5M | $1.03B | $1.16B |
| Total Long-Term Debt | $147.1M | $144.0M | — | — |
| Total Liabilities | $934.8M | $1.53B | $1.56B | $1.74B |
| Shareholders' Equity | -$3.08B | $961.0M | $1.63B | $2.33B |
Nextracker Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|
| Cash From Operations | $107.7M | $429.0M | $655.8M | $562.9M |
| Cash From Investing | -$3.2M | -$6.7M | -$186.1M | -$186.9M |
| Cash From Financing | -$3.6M | -$78.3M | -$177.6M | -$47.2M |
| Free Cash Flow | $104.5M | $422.8M | $621.9M | $513.6M |
Figures from Nextracker's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Nextracker financials page for every line item.
Nextracker Company Profile
| Ticker | NXT |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | Fremont, California |
| Incorporated in | Delaware |
| Fiscal Year End | March 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001852131 |
Frequently Asked Questions
What was Nextracker's revenue in fiscal 2026?
Nextracker (NXT) reported revenue of $3.56B for fiscal 2026.
What is Nextracker's annual revenue history?
Nextracker's annual revenue by fiscal year: 2023: $1.90B; 2024: $2.50B; 2025: $2.96B; 2026: $3.56B.
What was Nextracker's net income in fiscal 2026?
Nextracker reported net income of $585.9M for fiscal 2026.
What was Nextracker's earnings per share (EPS) in fiscal 2026?
Nextracker's diluted EPS was $3.84 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Nextracker generate in fiscal 2026?
Nextracker generated $513.6M of free cash flow in fiscal 2026.
What was Nextracker's revenue last quarter?
In its most recent reported quarter (2027 Q1), Nextracker reported revenue of $935.2M.
How many shares of Nextracker are outstanding?
Nextracker reported a weighted average of 150.8 million basic shares outstanding in 2027 Q1.
What is Nextracker's market cap?
Based on its latest closing price, Nextracker (NXT) has a market capitalization of about $13.77B.
When does Nextracker's fiscal year end?
Nextracker's fiscal year end, as registered with the SEC, is March 31.
Where is Nextracker headquartered?
Nextracker lists its business address in Fremont, California in its SEC filings.