Nextracker Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2019 - 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2019 - 2020
Revenue	2,959	2,500	1,902	1,458	1,196	Upgrade
Revenue Growth (YoY)	18.38%	31.42%	30.50%	21.91%	2.08%	Upgrade
Cost of Revenue	1,950	1,808	1,615	1,311	963.64	Upgrade
Gross Profit	1,009	691.64	286.97	147.03	231.98	Upgrade
Selling, General & Admin	290.32	183.57	95.43	54.01	60.44	Upgrade
Research & Development	79.39	42.36	21.62	14.18	13.01	Upgrade
Other Operating Expenses	-	-121.41	-	-	-	Upgrade
Operating Expenses	369.71	104.53	117.05	68.18	73.45	Upgrade
Operating Income	639.11	587.12	169.93	78.85	158.53	Upgrade
Interest Expense	-13.1	-13.82	-1.83	-0.03	-0.02	Upgrade
Other Non Operating Income (Expenses)	22	34.7	2.43	-0.77	-0.48	Upgrade
EBT Excluding Unusual Items	648.02	608	170.52	78.05	158.03	Upgrade
Legal Settlements	-	-	-1.44	-12.94	-	Upgrade
Pretax Income	648.02	608	169.08	65.11	158.03	Upgrade
Income Tax Expense	130.77	111.78	47.75	14.2	33.68	Upgrade
Earnings From Continuing Operations	517.25	496.22	121.33	50.91	124.35	Upgrade
Minority Interest in Earnings	-8.08	-189.97	-2.45	-	-	Upgrade
Net Income	509.17	306.24	118.89	50.91	124.35	Upgrade
Preferred Dividends & Other Adjustments	-	-	117.74	-	-	Upgrade
Net Income to Common	509.17	306.24	1.14	50.91	124.35	Upgrade
Net Income Growth	66.26%	157.59%	133.51%	-59.06%	5.15%	Upgrade
Shares Outstanding (Basic)	144	77	46	-	-	Upgrade
Shares Outstanding (Diluted)	149	147	146	-	-	Upgrade
Shares Change (YoY)	1.35%	0.98%	-	-	-	Upgrade
EPS (Basic)	3.55	3.97	0.02	-	-	Upgrade
EPS (Diluted)	3.47	3.37	0.02	-	-	Upgrade
EPS Growth	3.00%	13591.61%	-	-	-	Upgrade
Free Cash Flow	621.87	422.81	104.49	-153.03	91.81	Upgrade
Free Cash Flow Per Share	4.17	2.87	0.72	-	-	Upgrade
Gross Margin	34.09%	27.67%	15.09%	10.09%	19.40%	Upgrade
Operating Margin	21.60%	23.49%	8.93%	5.41%	13.26%	Upgrade
Profit Margin	17.21%	12.25%	0.06%	3.49%	10.40%	Upgrade
Free Cash Flow Margin	21.02%	16.91%	5.49%	-10.50%	7.68%	Upgrade
EBITDA	652.52	591.48	174.55	90	175.34	Upgrade
EBITDA Margin	22.05%	23.66%	9.18%	6.17%	14.67%	Upgrade
D&A For EBITDA	13.41	4.36	4.63	11.15	16.81	Upgrade
EBIT	639.11	587.12	169.93	78.85	158.53	Upgrade
EBIT Margin	21.60%	23.49%	8.93%	5.41%	13.26%	Upgrade
Effective Tax Rate	20.18%	18.39%	28.24%	21.80%	21.31%	Upgrade

Updated Jan 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q