Nextracker Inc. (NXT) Financial Statements
Nextracker financial statements at a glance
Nextracker reported revenue of $3.56 billion for fiscal year 2026 (ended March 31, 2026), up 20.3% from fiscal year 2025. Net income was $585.88 million, a net margin of 16.5%.
At the end of fiscal year 2026 it had total assets of $4.07 billion, total liabilities of $1.74 billion and shareholders' equity of $2.33 billion, with cash and short-term investments of $1.09 billion.
Its operations brought in $562.91 million of cash; capital spending was $49.28 million, leaving free cash flow of $513.63 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended March 31, 2026.
Nextracker Inc.
Income Statement
Annual • USD
Nextracker key figures by fiscal year
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.0B | $2.5B | $1.9B | $1.5B |
| Gross profit | $1.2B | $1.0B | $813.1M | $287.0M | $147.0M |
| Operating income | $697.3M | $639.1M | $587.1M | $168.5M | $65.9M |
| Net income | $585.9M | $509.2M | $306.2M | $1.1M | $0 |
| Diluted EPS | – | $3.47 | $3.37 | $0.02 | $0.00 |
| Total assets | $4.1B | $3.2B | $2.5B | $1.4B | $1.0B |
| Total liabilities | $1.7B | $1.6B | $1.5B | $934.8M | $1.0B |
| Shareholders' equity | $2.3B | $1.6B | $961.0M | -$3.1B | -$3.0M |
| Cash and short-term investments | $1.1B | $766.1M | $474.1M | $130.0M | $38.4M |
| Total debt | – | – | $144.0M | $147.2M | – |
| Operating cash flow | $562.9M | $655.8M | $429.0M | $107.7M | -$147.1M |
| Capital spending | $49.3M | $33.9M | $6.7M | $3.2M | $5.9M |
| Free cash flow | $513.6M | $621.9M | $422.3M | $104.5M | -$153.0M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Nextracker's revenue in fiscal year 2026?
$3.56 billion, up 20.3% from $2.96 billion in fiscal year 2025.
How much profit does Nextracker make?
Nextracker reported net income of $585.88 million for fiscal year 2026 (16.5% of revenue); operating income was $697.27 million.
How much cash and debt does Nextracker have?
At the end of fiscal year 2026: cash and short-term investments of $1.09 billion.
What is Nextracker's free cash flow?
$513.63 million in fiscal year 2026 (operating cash flow of $562.91 million minus capital spending of $49.28 million).
