Nextracker
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Nextracker's past years’ income statements indicate that its last revenue has increased compared to the previous period by 31% to $2,499,841,000. The net income raised on $306,241,000 and profit margin reached 12%. Total operating expenses were $225,931,000.

Profit Margin

Nextracker Inc. (NASDAQ:NXT): Profit margin
2019 660.74M -1.59M -0.24%
2020 1.17B 118.25M 10.1%
2021 1.19B 124.34M 10.4%
2022 1.45B 50.91M 3.49%
2023 1.90B 1.14M 0.06%
2024 2.49B 306.24M 12.25%

NXT Income Statement (2019 – 2024)

2024 2023 2022 2021 2020 2019
Revenue
Revenue
2.49B1.90B1.45B1.19B1.17B660.74M
Cost of revenue
1.68B1.61B1.31B963.63M958.38M611.70M
Gross profit
813.04M286.97M147.03M231.98M212.90M49.03M
Operating exp.
Research and development
42.36M21.61M14.17M13.00M8.64M8.56M
Selling and marketing
0000035.50M
Total operating expenses
225.93M118.48M81.12M73.45M64.00M47.86M
Operating income
587.11M168.48M65.90M158.53M148.90M1.16M
Other income (expenses), net
20.87M598K-799K-502K24K-407K
Income before tax
607.99M169.08M65.10M158.02M148.92M760K
Income tax expense
111.78M47.75M14.19M33.68M30.67M2.35M
Net income
306.24M1.14M50.91M124.34M118.25M-1.59M
Earnings per share
Basic EPS
3.970.021.113.233.07-0.04
Diluted EPS
2.080.001.113.233.07-0.04
Data sourceData source