Latest revenue
$909.4M
as of 2025-12-31
Latest net income
$131.2M
as of 2025-12-31
Net margin
14.4%
as of 2025-12-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $17.82B
- Enterprise value
- $17.82B
- P/E (trailing)
- 35.0×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $156.78
- 52-wk low
- $51.69
- Beta
- —
- Shares out
- 136.5M
5-year trend
What this company does
ITEM 1. BUSINESS Unless the context requires otherwise, references in this Annual Report on Form 10-K to “Nextracker,” the “Company,” “we,” “us” and “our” mean Nextracker Inc. and its consolidated subsidiaries. Our vision We envision a world powered by renewable energy where clean, affordable power is available to all. Our mission Our mission is to be the most trusted and valued renewable energy company by delivering intelligent, reliable, and productive solar power. Overview We are a leading solar technology platform provider used in power plants around the world. Our products enable solar power plants to follow the sun’s movement across the sky and optimize performance. With products…
AI summary unavailable — showing raw filing excerpt
Generated from NXT's filing dated 2025-05-22
Key risks
ITEM 1A. RISK FACTORS Our business and our ability to execute our strategy are subject to many risks. These risks and uncertainties include, but are not limited to, the following: Summary of Risk Factors •The demand for solar energy and, in turn, our products is impacted by many factors outside of our control, and if such demand does not continue to grow or grows at a slower rate than we anticipate, our business and prospects will suffer. •Competitive pressures within our industry may harm our business, results of operations, financial condition and prospects. •We face competition from conventional and other renewable energy sources that may offer products and solutions that are less…
AI summary unavailable — showing raw filing excerpt
Generated from NXT's filing dated 2025-05-22
Profitability
Gross margin
34.1%
4.8%Operating margin
21.6%
8.0%Net margin
17.2%
47.7%Return on equity
31.3%
63.5%Return on assets
15.9%
51.2%Leverage
Debt / equity
0.96×
40.7%Long-term debt / equity
0.00×
100.0%Debt / assets
49.0%
20.8%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q4 2025 2025-12-31 | $909.4M | +33.9% | $131.2M | +13.8% | 14.4% |
Q3 2025 2025-09-26 | $905.3M | +42.4% | $146.9M | +27.3% | 16.2% |
Q2 2025 2025-06-27 | $864.3M | +20.0% | $157.2M | +29.2% | 18.2% |
Q1 2025 2025-03-31 | $924.3M | +25.5% | $156.8M | -78.3% | 17.0% |
Q4 2024 2024-12-31 | $679.4M | -4.4% | $115.3M | +178.5% | 17.0% |
Q3 2024 2024-09-27 | $635.6M | +10.9% | $115.4M | +194.0% | 18.2% |
Q2 2024 2024-06-28 | $719.9M | +50.1% | $121.7M | +495.7% | 16.9% |
Q1 2024 2024-03-31 | $736.5M | — | $721.6M | — | 98.0% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Semiconductors & Related Devices · SIC 3674
Your notes
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Insider activity
Insider buying
$0
Insider selling
$33.5M
Net activity
−$33.5M
Distinct insiders
7
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value |
|---|
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns NXT
Institutional value
$8.43B
Total shares held
73.6M
Distinct holders
471
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 24.9M | $3.00B | — | New |
| 2 | PRIMECAP MANAGEMENT CO/CA/ | 6.8M | $815.0M | — | New |
| 3 | Invesco Ltd. | 4.7M | $571.3M | — | New |
| 4 | Pictet Asset Management Holding SA | 2.8M | $332.5M | — | New |
| 5 | DIMENSIONAL FUND ADVISORS LP | 1.6M | $196.5M | — | New |
| 6 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 1.6M | $195.6M | — | New |
| 7 | UBS Group AG | 1.6M | $189.0M | — | New |
| 8 | ROYAL LONDON ASSET MANAGEMENT LTD | 1.6M | $187.9M | — | New |
| 9 | DEUTSCHE BANK AG\ | 1.2M | $149.3M | — | New |
| 10 | JPMORGAN CHASE & CO | 1.2M | $135.3M | — | New |
| 11 | WESTFIELD CAPITAL MANAGEMENT CO LP | 1.1M | $133.5M | — | New |
| 12 | Bank of New York Mellon Corp | 966.1K | $116.5M | — | New |
| 13 | Nuveen, LLC | 936.5K | $112.9M | — | New |
| 14 | Robeco Schweiz AG | 858.2K | $103.5M | — | New |
| 15 | ASSETMARK, INC | 841.0K | $101.4M | — | New |
| 16 | Voya Investment Management LLC | 671.4K | $80.9M | — | New |
| 17 | STOREBRAND ASSET MANAGEMENT AS | 647.6K | $78.1M | — | New |
| 18 | Erste Asset Management GmbH | 672.6K | $76.0M | — | New |
| 19 | FRANKLIN RESOURCES INC | 584.7K | $70.5M | — | New |
| 20 | FIRST TRUST ADVISORS LP | 528.2K | $63.7M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once NXT's latest filing finishes processing.