Nextracker Historical Income Statement
| NXT Stock | 38.85 1.45 3.88% |
Historical analysis of Nextracker income statement accounts such as Total Revenue of 1.6 B can show how well Nextracker Class A performed in making a profits. Evaluating Nextracker income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nextracker's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Nextracker Class A latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nextracker Class A is a good buy for the upcoming year.
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About Nextracker Income Statement Analysis
Nextracker Class A Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Nextracker shareholders. The income statement also shows Nextracker investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Nextracker Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Nextracker Class A minus its cost of goods sold. It is profit before Nextracker operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on Nextracker Class A income statement and represents the costs associated with goods and services Nextracker provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Nextracker's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nextracker Class A current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextracker Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, Nextracker's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 321.6 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 1.4 B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 147.0M | 287.0M | 813.0M | 853.7M | Total Revenue | 1.5B | 1.9B | 2.5B | 1.6B |
Nextracker income statement Correlations
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Nextracker income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 17.7M | 16.8M | 11.2M | 4.6M | 4.4M | 4.1M | |
| Selling General Administrative | 55.4M | 60.4M | 66.9M | 96.9M | 183.6M | 192.7M | |
| Total Revenue | 1.2B | 1.2B | 1.5B | 1.9B | 2.5B | 1.6B | |
| Gross Profit | 212.9M | 232.0M | 147.0M | 287.0M | 813.0M | 853.7M | |
| Other Operating Expenses | 1.0B | 1.0B | 1.4B | 1.7B | 1.9B | 1.4B | |
| Operating Income | 148.9M | 158.5M | 65.9M | 168.5M | 587.1M | 616.5M | |
| Ebit | 149.2M | 158.5M | 65.1M | 169.9M | 587.1M | 616.5M | |
| Research Development | 8.6M | 13.0M | 14.2M | 21.6M | 42.4M | 44.5M | |
| Ebitda | 166.9M | 175.3M | 76.3M | 174.6M | 591.5M | 621.1M | |
| Cost Of Revenue | 958.4M | 963.6M | 1.3B | 1.6B | 1.7B | 1.3B | |
| Total Operating Expenses | 64.0M | 73.5M | 81.1M | 118.5M | 225.9M | 237.2M | |
| Income Before Tax | 148.9M | 158.0M | 65.1M | 169.1M | 608.0M | 638.4M | |
| Total Other Income Expense Net | 24K | (502K) | (799K) | 598K | 20.9M | 21.9M | |
| Net Income | 118.3M | 124.3M | 50.9M | 1.1M | 306.2M | 321.6M | |
| Income Tax Expense | 30.7M | 33.7M | 14.2M | 47.8M | 111.8M | 117.4M |
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Additional Tools for Nextracker Stock Analysis
When running Nextracker's price analysis, check to measure Nextracker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextracker is operating at the current time. Most of Nextracker's value examination focuses on studying past and present price action to predict the probability of Nextracker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextracker's price. Additionally, you may evaluate how the addition of Nextracker to your portfolios can decrease your overall portfolio volatility.