Nextracker Reports Q4 and FY24 Financial Results
Nextracker (Nasdaq: NXT), a leader in intelligent solar tracker and software solutions, reported its financial results for Q4 and FY2024. The company achieved record revenue of $2.5 billion, a 31% increase YoY, and a GAAP net income of $496 million, with diluted EPS of $3.37.
Adjusted EBITDA surged by 150% to $521 million. The company also reported operating cash flow of $429 million and adjusted free cash flow of $427 million. Nextracker shipped over 100 gigawatts globally, marking a significant milestone.
For Q4 FY2024, revenue grew by 42% YoY to $737 million, with GAAP net income of $223 million and diluted EPS of $1.51. The company has a record backlog exceeding $4 billion, indicating strong demand. FY2025 revenue guidance is set between $2.8 billion and $2.9 billion.
- FY2024 revenue of $2.5 billion, up 31% YoY.
- GAAP net income of $496 million for FY2024.
- Diluted EPS of $3.37 for FY2024.
- Adjusted EBITDA of $521 million, up 150% YoY.
- Operating cash flow of $429 million in FY2024.
- 100-gigawatts milestone in global shipments.
- Q4 FY2024 revenue of $737 million, up 42% YoY.
- Record backlog exceeding $4 billion.
- FY2025 revenue guidance between $2.8 billion and $2.9 billion.
- FY2025 GAAP net income guidance of $369 million to $399 million, lower than FY2024.
- Expected decline in GAAP diluted EPS to $2.41-$2.61 for FY2025.
- Stock-based compensation and net intangible amortization affecting FY2025 adjusted EPS.
Insights
Nextracker’s Q4 and FY24 financial results showcase a remarkable performance with record revenue of
For retail investors, the strong cash flow from operations and an adjusted free cash flow of
Nextracker’s launch of three new products—NX Horizon Hail Pro™, NX Horizon XTR-1.5™ and TrueCapture’s Zonal Diffuse™—highlights their commitment to innovation in the solar industry. These products are designed to enhance the efficiency and resilience of solar installations, which could be a significant competitive advantage. For example, the NX Horizon Hail Pro™ is particularly relevant given increasing concerns about extreme weather events impacting solar infrastructure. The rapid pace of product innovation can help Nextracker maintain its leadership in the market, but it also requires continual investment in R&D, which could impact short-term earnings.
From a retail investor's perspective, it's important to note that successful new product launches can drive revenue growth and market share expansion. However, there are always risks associated with the adoption of new technologies and the pace at which the market can absorb these innovations. Keeping an eye on how these products perform in real-world applications and their acceptance in the market will be key to assessing their long-term impact.
The milestone of achieving 100 gigawatts of global shipments is a notable achievement for Nextracker, positioning it as a leader in the solar industry. This milestone serves as a validation of the company's market strategy and execution capabilities. Moreover, the expansion of 20 new or expanded U.S. partner manufacturing facilities since 2021 indicates a strong commitment to scaling production capacity to meet rising demand.
For retail investors, this expansion is significant as it aligns with the growing trend of localizing supply chains, which can mitigate risks associated with global supply chain disruptions. Additionally, the increased capacity indicates that Nextracker is well-positioned to capitalize on the growing demand for solar energy solutions, both in the U.S. and globally. However, capacity expansion also involves substantial capital expenditure, which could affect short-term profitability. Monitoring how effectively the company leverages this expanded capacity to drive revenue and maintain profit margins will be crucial.
Achieves Record Revenue and Profits
First
Full FY2024 Financial Highlights
-
Revenue
, up$2.5 billion 31% YoY -
GAAP net income
, diluted EPS$496 million $3.37 -
Adjusted EBITDA
, up$521 million 150% YoY (excludes IRA 45X tax credit benefits) -
Adjusted net income
, adjusted diluted EPS$451 million (excludes IRA 45X tax credit benefits)$3.06 -
Operating cash flow of
and adjusted free cash flow of$429 million $427 million
Full FY2024 Business Highlights
- Milestone of 100-gigawatts (GW) shipped globally since company inception
-
Record backlog of over
; Robust demand in$4 billion U.S. and international markets - Launched 3 new products: NX Horizon Hail Pro™, NX Horizon XTR-1.5™, TrueCapture’s Zonal Diffuse™
-
20 new or expanded
U.S. partner manufacturing facilities since 2021 -
Global annual supply capacity over 50 gigawatts, including
U.S. capacity of over 30 gigawatts
Q4 FY2024 Financial Highlights:
-
Revenue
, up$737 million 42% YoY -
GAAP net income
, diluted EPS$223 million $1.51 -
Adjusted EBITDA
, up$160 million 120% YoY (excludes IRA 45X tax credit benefits)
“Fiscal year 2024 was a year of strong execution and significant growth for Nextracker, and we reached a record backlog of over
“We also reached a tremendous milestone being the first
FY2025 Annual Guidance
-
Revenue:
to$2.8 billion $2.9 billion -
GAAP net income:
to$369 million $399 million -
GAAP diluted EPS:
to$2.41 $2.61 -
Adjusted EBITDA:
to$600 million , which excludes approximately$650 million for stock-based compensation expense and net intangible amortization$95 million -
Adjusted diluted EPS:
to$2.89 , which excludes approximately$3.09 for stock-based compensation expense and net intangible amortization$0.48
Q4 FY2024 Earnings Call
May 14, 2024
2:00 p.m. PT / 5:00 p.m. ET
Live webcast available on investors.nextracker.com
The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event.
About Nextracker
Nextracker is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects around the world. Our products enable solar panels power plants to follow the sun’s movement across the sky and optimize plant performance. With power plants operating in more than 30 countries worldwide, Nextracker offers solar tracker technologies that increase energy production while reducing costs for significant plant ROI. For more information, please visit www.nextracker.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the trends for future solar adoption and Nextracker’s outlook for fiscal 2025 and other periods. These forward-looking statements are based on various assumptions and on the current expectations of Nextracker’s management. These statements involve risks and uncertainties that could cause the actual results to differ materially from those anticipated by these forward-looking statements, including risks and uncertainties that are described under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Nextracker’s most recent Quarterly Report on form 10-Q, Annual Report on Form 10-K and other documents that Nextracker has filed or will file with the Securities and Exchange Commission. There may be additional risks that Nextracker is not aware of or that Nextracker currently believes are immaterial that could also cause actual results to differ from the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Nextracker assumes no obligation to update these forward-looking statements.
Use of Non-GAAP Financial Information
An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules IV and V attached to this press release, and can be found, along with other financial information including the Earnings Presentation, on the investor relations section of our website at investors.nextracker.com.
Channels for Disclosure of Information
Nextracker intends to announce material information to the public through the Nextracker Investor Relations website investors.nextracker.com, SEC filings, press releases, public conference calls, and public webcasts. Nextracker uses these channels to communicate with its investors, customers, and the public about the company, its offerings, and other issues. As such, Nextracker encourages investors, the media, and others to follow the channels listed above and to review the information disclosed through such channels.
Schedule I |
|||||||||||||||
Nextracker Inc. Unaudited condensed consolidated statements of operations and comprehensive income (In thousands, except share and per share data) |
|||||||||||||||
|
Three-months ended |
|
Twelve-months ended |
||||||||||||
|
March 31,
|
|
March 31,
|
|
March 31,
|
|
March 31,
|
||||||||
Revenue |
$ |
736,515 |
|
|
$ |
518,395 |
|
|
$ |
2,499,841 |
|
|
$ |
1,902,137 |
|
Cost of sales |
|
396,045 |
|
|
|
428,083 |
|
|
|
1,686,792 |
|
|
|
1,615,164 |
|
Gross profit |
|
340,470 |
|
|
|
90,312 |
|
|
|
813,049 |
|
|
|
286,973 |
|
Selling, general and administrative expenses |
|
56,706 |
|
|
|
41,394 |
|
|
|
183,571 |
|
|
|
96,869 |
|
Research and development |
|
13,090 |
|
|
|
8,336 |
|
|
|
42,360 |
|
|
|
21,619 |
|
Operating income |
|
270,674 |
|
|
|
40,582 |
|
|
|
587,118 |
|
|
|
168,485 |
|
Interest, net |
|
988 |
|
|
|
2,212 |
|
|
|
2,124 |
|
|
|
1,833 |
|
Other income, net |
|
(13,378 |
) |
|
|
(1,692 |
) |
|
|
(23,003 |
) |
|
|
(2,431 |
) |
Income before income taxes |
|
283,064 |
|
|
|
40,062 |
|
|
|
607,997 |
|
|
|
169,083 |
|
Provision for income taxes |
|
59,864 |
|
|
|
12,532 |
|
|
|
111,782 |
|
|
|
47,750 |
|
Net income and comprehensive income |
|
223,200 |
|
|
|
27,530 |
|
|
|
496,215 |
|
|
|
121,333 |
|
Less: Net income attributable to Nextracker LLC prior to the reorganization transactions |
|
— |
|
|
|
23,941 |
|
|
|
— |
|
|
|
117,744 |
|
Less: Net income attributable to redeemable non-controlling interests and non-controlling interests |
|
18,037 |
|
|
|
2,446 |
|
|
|
189,974 |
|
|
|
2,446 |
|
Net income attributable to Nextracker Inc. |
$ |
205,163 |
|
|
$ |
1,143 |
|
|
$ |
306,241 |
|
|
$ |
1,143 |
|
|
|
|
|
|
|
|
|
||||||||
Earnings per share attributable to the stockholders of Nextracker Inc. |
|
|
|
|
|
|
|
||||||||
Basic |
$ |
1.48 |
|
|
$ |
0.02 |
|
|
$ |
3.97 |
|
|
$ |
0.02 |
|
Diluted |
$ |
1.51 |
|
|
$ |
0.02 |
|
|
$ |
3.37 |
|
|
$ |
0.02 |
|
Weighted-average shares used in computing per share amounts: |
|
|
|
|
|
|
|
||||||||
Basic |
|
138,389,259 |
|
|
|
45,886,065 |
|
|
|
77,067,639 |
|
|
|
45,886,065 |
|
Diluted |
|
148,144,066 |
|
|
|
145,851,637 |
|
|
|
147,284,330 |
|
|
|
145,851,637 |
|
Schedule II |
||||||
Nextracker Inc. Unaudited condensed consolidated balance sheets (In thousands) |
||||||
|
||||||
|
As of March 31,
|
|
As of March 31,
|
|||
ASSETS |
|
|
|
|||
Current assets: |
|
|
|
|||
Cash and cash equivalents |
$ |
474,054 |
|
$ |
130,008 |
|
Accounts receivable, net of allowance of |
|
382,687 |
|
|
271,159 |
|
Contract assets |
|
397,123 |
|
|
297,960 |
|
Inventories |
|
201,736 |
|
|
138,057 |
|
Other current assets |
|
312,635 |
|
|
35,081 |
|
Total current assets |
|
1,768,235 |
|
|
872,265 |
|
Property and equipment, net |
|
9,236 |
|
|
7,255 |
|
Goodwill |
|
265,153 |
|
|
265,153 |
|
Other intangible assets, net |
|
1,546 |
|
|
1,321 |
|
Deferred tax assets and other assets |
|
474,612 |
|
|
273,686 |
|
Total assets |
$ |
2,518,782 |
|
$ |
1,419,680 |
|
LIABILITIES, REDEEMABLE INTERESTS AND STOCKHOLDERS' EQUITY (DEFICIT) |
|
|
|
|||
Current liabilities: |
|
|
|
|||
Accounts payable |
|
456,639 |
|
|
211,355 |
|
Accrued expenses |
|
82,410 |
|
|
59,770 |
|
Deferred revenue |
|
225,539 |
|
|
176,473 |
|
Due to related parties |
|
— |
|
|
12,239 |
|
Other current liabilities |
|
126,898 |
|
|
47,589 |
|
Total current liabilities |
|
891,486 |
|
|
507,426 |
|
Long-term debt |
|
143,967 |
|
|
147,147 |
|
TRA liability and other liabilities |
|
491,301 |
|
|
280,246 |
|
Total liabilities |
|
1,526,754 |
|
|
934,819 |
|
Redeemable non-controlling interest |
|
— |
|
|
3,560,628 |
|
Total stockholders' equity (deficit) |
$ |
992,028 |
|
$ |
(3,075,767 |
) |
Total liabilities, redeemable interests and stockholders' equity (deficit) |
$ |
2,518,782 |
|
$ |
1,419,680 |
|
Schedule III |
|||||||
Nextracker Inc. Unaudited condensed consolidated statements of cash flows (In thousands) |
|||||||
|
Twelve-months ended |
||||||
|
March 31, 2024 |
|
March 31, 2023 |
||||
Cash flows from operating activities: |
|
|
|
||||
Net income |
$ |
496,215 |
|
|
$ |
121,333 |
|
Depreciation and amortization |
|
4,363 |
|
|
|
4,626 |
|
Changes in working capital and other, net |
|
(71,605 |
) |
|
|
(18,290 |
) |
Net cash provided by operating activities |
|
428,973 |
|
|
|
107,669 |
|
Cash flows from investing activities: |
|
|
|
||||
Purchases of property and equipment |
|
(6,160 |
) |
|
|
(3,183 |
) |
Proceeds from the disposition of property and equipment |
|
— |
|
|
|
24 |
|
Purchase of intangible assets |
|
(500 |
) |
|
|
— |
|
Net cash used in investing activities |
|
(6,660 |
) |
|
|
(3,159 |
) |
Cash flows from financing activities: |
|
|
|
||||
Proceeds from bank borrowings and long-term debt |
|
— |
|
|
|
170,000 |
|
Repayments of bank borrowings |
|
(1 |
) |
|
|
(20,000 |
) |
Net proceeds from issuance of Class A shares |
|
552,009 |
|
|
|
693,781 |
|
Net proceeds from issuance of Class B shares |
|
— |
|
|
|
76 |
|
Purchase of LLC common units from Yuma, Inc. |
|
(552,009 |
) |
|
|
(693,781 |
) |
Distribution to non-controlling interest holders |
|
(66,881 |
) |
|
|
(175,000 |
) |
Net transfers (to) from Flex |
|
(8,335 |
) |
|
|
24,205 |
|
Other financing activities |
|
(3,050 |
) |
|
|
(2,853 |
) |
Net cash used in financing activities |
|
(78,267 |
) |
|
|
(3,572 |
) |
Effect of exchange rate on cash and cash equivalents |
|
— |
|
|
|
— |
|
Net increase in cash and cash equivalents |
|
344,046 |
|
|
|
100,938 |
|
Cash and cash equivalents beginning of period |
|
130,008 |
|
|
|
29,070 |
|
Cash and cash equivalents end of period |
$ |
474,054 |
|
|
$ |
130,008 |
|
|
Twelve-months ended |
||||||
Adjusted free cash flow |
March 31, 2024 |
|
March 31, 2023 |
||||
Net cash provided by operating activities |
$ |
428,973 |
|
|
$ |
107,669 |
|
Purchases of property and equipment |
|
(6,160 |
) |
|
|
(3,183 |
) |
Proceeds from the disposition of property and equipment |
|
— |
|
|
|
24 |
|
Other financing | 3,750 |
— |
|||||
Adjusted free cash flow |
$ |
426,563 |
|
|
$ |
104,510 |
|
Schedule IV |
|||||||||||||||
Nextracker Inc. Reconciliation of GAAP to Non-GAAP Financial measures (In thousands, except percentages, shares and per share data) |
|||||||||||||||
|
Three-months ended |
|
Twelve-months ended |
||||||||||||
|
March 31,
|
|
March 31,
|
|
March 31,
|
|
March 31,
|
||||||||
GAAP gross profit |
$ |
340,470 |
|
|
$ |
90,312 |
|
|
$ |
813,049 |
|
|
$ |
286,973 |
|
Stock-based compensation expense |
|
3,096 |
|
|
|
11,689 |
|
|
|
10,764 |
|
|
|
12,794 |
|
Intangible amortization |
|
87 |
|
|
|
62 |
|
|
|
275 |
|
|
|
250 |
|
Advanced manufacturing tax credit vendor rebate |
$ |
(121,405 |
) |
|
$ |
— |
|
|
$ |
(121,405 |
) |
|
$ |
— |
|
Non-GAAP gross profit |
$ |
222,248 |
|
|
$ |
102,063 |
|
|
$ |
702,683 |
|
|
$ |
300,017 |
|
GAAP operating income |
$ |
270,674 |
|
|
$ |
40,582 |
|
|
$ |
587,118 |
|
|
$ |
168,485 |
|
Stock-based compensation expense |
|
16,889 |
|
|
|
29,204 |
|
|
|
56,783 |
|
|
|
31,994 |
|
Intangible amortization |
|
87 |
|
|
|
62 |
|
|
|
275 |
|
|
|
1,207 |
|
Legal costs and other |
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
1,441 |
|
Advanced manufacturing tax credit vendor rebate |
|
(121,405 |
) |
|
|
— |
|
|
|
(121,405 |
) |
|
|
— |
|
Non-GAAP operating income |
$ |
166,245 |
|
|
$ |
69,848 |
|
|
$ |
522,771 |
|
|
$ |
203,127 |
|
GAAP net income |
$ |
223,200 |
|
|
$ |
27,530 |
|
|
$ |
496,215 |
|
|
$ |
121,333 |
|
Stock-based compensation expense |
|
16,889 |
|
|
|
29,204 |
|
|
|
56,783 |
|
|
|
31,994 |
|
Intangible amortization |
|
87 |
|
|
|
62 |
|
|
|
275 |
|
|
|
1,207 |
|
Adjustment for taxes |
|
23,567 |
|
|
|
(897 |
) |
|
|
19,527 |
|
|
|
(2,880 |
) |
Legal costs and other |
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
1,441 |
|
Advanced manufacturing tax credit vendor rebate |
|
(121,405 |
) |
|
|
— |
|
|
|
(121,405 |
) |
|
|
— |
|
Non-GAAP net income |
$ |
142,338 |
|
|
$ |
55,899 |
|
|
$ |
451,395 |
|
|
$ |
153,095 |
|
GAAP Net income |
$ |
223,200 |
|
|
$ |
27,530 |
|
|
$ |
496,215 |
|
|
$ |
121,333 |
|
Interest, net |
|
988 |
|
|
|
2,212 |
|
|
|
2,124 |
|
|
|
1,833 |
|
Provision for income taxes |
|
59,864 |
|
|
|
12,532 |
|
|
|
111,782 |
|
|
|
47,750 |
|
Depreciation expense |
|
1,138 |
|
|
|
970 |
|
|
|
4,088 |
|
|
|
3,419 |
|
Intangible amortization |
|
87 |
|
|
|
62 |
|
|
|
275 |
|
|
|
1,207 |
|
Stock-based compensation expense |
|
16,889 |
|
|
|
29,204 |
|
|
|
56,783 |
|
|
|
31,994 |
|
Legal costs and other |
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
1,441 |
|
Advanced manufacturing tax credit vendor rebate |
|
(121,405 |
) |
|
|
— |
|
|
|
(121,405 |
) |
|
|
— |
|
Other tax related income, net |
|
(21,138 |
) |
|
|
— |
|
|
|
(28,397 |
) |
|
|
— |
|
Adjusted EBITDA |
$ |
159,623 |
|
|
$ |
72,510 |
|
|
$ |
521,465 |
|
|
$ |
208,977 |
|
Net income (% of revenue) |
|
30.3 |
% |
|
|
5.3 |
% |
|
|
19.8 |
% |
|
|
6.4 |
% |
Non-GAAP gross margin |
|
30.2 |
% |
|
|
19.7 |
% |
|
|
28.1 |
% |
|
|
15.8 |
% |
Adjusted EBITDA (% of revenue) |
|
21.7 |
% |
|
|
14.0 |
% |
|
|
20.9 |
% |
|
|
11.0 |
% |
Diluted earnings per share |
|
|
|
|
|
|
|
||||||||
GAAP |
$ |
1.51 |
|
|
$ |
0.02 |
|
|
$ |
3.37 |
|
|
$ |
0.02 |
|
Earnings per share attributable to Non-GAAP adjustments |
$ |
(0.55 |
) |
|
$ |
— |
|
|
$ |
(0.30 |
) |
|
$ |
— |
|
Non-GAAP |
$ |
0.96 |
|
|
$ |
0.02 |
|
|
$ |
3.06 |
|
|
$ |
0.02 |
|
|
|
|
|
|
|
|
|
||||||||
Diluted shares used in computing per share amounts |
|
148,144,066 |
|
|
|
145,851,637 |
|
|
|
147,284,330 |
|
|
|
145,851,637 |
|
See the accompanying notes on Schedule V attached to this press release
Schedule V
Nextracker Inc.
Notes
(1) To supplement Nextracker’s unaudited selected financial data presented consistent with
In calculating non-GAAP financial measures, we exclude certain items to facilitate a review of the comparability of the Company’s operating performance on a period-to-period basis because such items are not, in our view, related to the Company’s ongoing operational performance. We use non-GAAP measures to evaluate the operating performance of our business, for comparison with forecasts and strategic plans, for calculating return on investment, and for benchmarking performance externally against competitors. In addition, management’s incentive compensation is determined using certain non-GAAP measures. Since we find these measures to be useful, we believe that investors benefit from seeing results “through the eyes” of management in addition to seeing GAAP results. We believe that these non-GAAP measures, when read in conjunction with the Company’s GAAP financials, provide useful information to investors by offering:
- the ability to make more meaningful period-to-period comparisons of the Company’s ongoing operating results;
- the ability to better identify trends in the Company’s underlying business and perform related trend analysis;
- a better understanding of how management plans and measures the Company’s underlying business; and
- an easier way to compare the Company’s operating results against analyst financial models and operating results of competitors that supplement their GAAP results with non-GAAP financial measures.
The following are explanations of each of the adjustments that we incorporate into non-GAAP measures, as well as the reasons for excluding each of these individual items in the reconciliations of these non-GAAP financial measures:
Stock-based compensation expense consists of non-cash charges for the estimated fair value of unvested restricted share unit and stock option awards granted to employees and assumed in business acquisitions. The Company believes that the exclusion of these charges provides for more accurate comparisons of its operating results to peer companies due to the varying available valuation methodologies, subjective assumptions, and the variety of award types. In addition, the Company believes it is useful to investors to understand the specific impact stock-based compensation expense has on its operating results.
During fiscal year 2023, the Company granted equity compensation awards to employees under the First Amended and Restated 2022 Nextracker LLC Equity Incentive Plan (the “2022 Nextracker Plan”), Vesting of awards under the Plan was contingent on a Nextracker Initial Public Offering (IPO) which occurred on February 9, 2023. In addition to the 2022 Nextracker Plan, prior to the Flex spin-off, Flex maintained several stock-based incentive plans for the benefit of certain of its officers, directors, and employees, including the employees of Nextracker. Stock-based compensation expense for the period prior to the Flex spin-off also include expense recognized under the Flex plan.
Intangible amortization consists primarily of non-cash charges that can be impacted by, among other things, the timing and magnitude of acquisitions. The Company considers its operating results without these charges when evaluating its ongoing performance and forecasting its earnings trends, and therefore excludes such charges when presenting non-GAAP financial measures. The Company believes that the assessment of its operations excluding these costs is relevant to its assessment of internal operations and comparisons to the performance of its competitors.
The 45X Advanced Manufacturing Production Tax Credit (“45X Credit”) which was established as part of the Inflation Reduction Act (IRA), is a per-unit tax credit earned over time for each clean energy component domestically produced and sold by a manufacturer. The 45X Credit was eligible for domestic parts manufactured after January 1, 2023. The Company has executed agreements with certain suppliers to ramp up its
Legal costs and other consist primarily of costs not directly related to core business results and may include matters relating to commercial disputes, government regulatory and compliance, intellectual property, antitrust, tax, employment or shareholder issues, product liability claims and other issues on a global basis.
Adjustment for taxes relates to the tax effects of the various adjustments that we incorporate into non-GAAP measures to provide a more meaningful measure on non-GAAP net income and certain adjustments related to non-recurring settlements of tax contingencies or other non-recurring tax charges, when applicable.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240514143342/en/
Investors, Financial Media & Press
Mary Lai
VP, IR & Financial Communications
Investor@nextracker.com
Media & Press
Kristan Kirsh
SVP, Global Marketing
Media@nextracker.com
Source: Nextracker
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