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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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.

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

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.

Depreciation And Amortization Selling General Administrative Gross Profit Operating Income Cost Of Revenue

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.

Operating Income

Operating Income is the amount of profit realized from Nextracker Class A operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Nextracker Class A is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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.

	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

Gross Profit Total Revenue

Nextracker income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Tax Provision	Net Interest Income	Interest Income	Interest Expense	Net Income From Continuing Ops	Reconciled Depreciation
Depreciation And Amortization		-0.93	0.71	-0.92	-0.86	-0.94	-0.85	-0.85	-0.91	-0.84	-0.94	-0.91	-0.84	-0.77	-0.71	-0.88	-0.78	0.74	0.71	-0.79	-0.72	1.0
Selling General Administrative	-0.93		-0.84	0.92	0.98	0.9	0.97	0.97	0.97	0.97	0.89	0.98	0.97	0.89	0.92	0.98	0.89	-0.88	-0.84	0.91	0.86	-0.92
Selling And Marketing Expenses	0.71	-0.84		-0.57	-0.91	-0.54	-0.9	-0.9	-0.91	-0.91	-0.52	-0.91	-0.91	-0.95	-0.88	-0.88	-0.93	0.93	1.0	-0.95	-0.94	0.71
Total Revenue	-0.92	0.92	-0.57		0.84	0.99	0.84	0.84	0.84	0.83	0.98	0.86	0.83	0.71	0.76	0.87	0.72	-0.71	-0.57	0.74	0.66	-0.91
Gross Profit	-0.86	0.98	-0.91	0.84		0.8	1.0	1.0	0.98	1.0	0.79	0.99	1.0	0.96	0.96	1.0	0.96	-0.95	-0.91	0.97	0.94	-0.86
Other Operating Expenses	-0.94	0.9	-0.54	0.99	0.8		0.79	0.79	0.81	0.79	1.0	0.83	0.79	0.66	0.7	0.83	0.66	-0.65	-0.54	0.68	0.6	-0.93
Operating Income	-0.85	0.97	-0.9	0.84	1.0	0.79		1.0	0.97	1.0	0.78	0.98	1.0	0.96	0.97	1.0	0.95	-0.95	-0.9	0.96	0.94	-0.84
Ebit	-0.85	0.97	-0.9	0.84	1.0	0.79	1.0		0.97	1.0	0.78	0.98	1.0	0.96	0.97	1.0	0.95	-0.95	-0.9	0.96	0.94	-0.84
Research Development	-0.91	0.97	-0.91	0.84	0.98	0.81	0.97	0.97		0.97	0.8	1.0	0.98	0.96	0.9	0.98	0.96	-0.95	-0.91	0.97	0.94	-0.91
Ebitda	-0.84	0.97	-0.91	0.83	1.0	0.79	1.0	1.0	0.97		0.77	0.98	1.0	0.96	0.97	0.99	0.95	-0.95	-0.91	0.96	0.95	-0.83
Cost Of Revenue	-0.94	0.89	-0.52	0.98	0.79	1.0	0.78	0.78	0.8	0.77		0.81	0.77	0.63	0.68	0.81	0.64	-0.63	-0.52	0.66	0.57	-0.93
Total Operating Expenses	-0.91	0.98	-0.91	0.86	0.99	0.83	0.98	0.98	1.0	0.98	0.81		0.98	0.96	0.92	0.99	0.96	-0.95	-0.91	0.97	0.93	-0.91
Income Before Tax	-0.84	0.97	-0.91	0.83	1.0	0.79	1.0	1.0	0.98	1.0	0.77	0.98		0.96	0.97	1.0	0.96	-0.95	-0.91	0.96	0.95	-0.84
Total Other Income Expense Net	-0.77	0.89	-0.95	0.71	0.96	0.66	0.96	0.96	0.96	0.96	0.63	0.96	0.96		0.92	0.94	0.98	-0.99	-0.95	1.0	0.99	-0.77
Net Income	-0.71	0.92	-0.88	0.76	0.96	0.7	0.97	0.97	0.9	0.97	0.68	0.92	0.97	0.92		0.94	0.89	-0.93	-0.88	0.92	0.91	-0.7
Income Tax Expense	-0.88	0.98	-0.88	0.87	1.0	0.83	1.0	1.0	0.98	0.99	0.81	0.99	1.0	0.94	0.94		0.95	-0.92	-0.88	0.95	0.92	-0.87
Tax Provision	-0.78	0.89	-0.93	0.72	0.96	0.66	0.95	0.95	0.96	0.95	0.64	0.96	0.96	0.98	0.89	0.95		-0.96	-0.93	0.98	0.99	-0.79
Net Interest Income	0.74	-0.88	0.93	-0.71	-0.95	-0.65	-0.95	-0.95	-0.95	-0.95	-0.63	-0.95	-0.95	-0.99	-0.93	-0.92	-0.96		0.93	-0.99	-0.98	0.75
Interest Income	0.71	-0.84	1.0	-0.57	-0.91	-0.54	-0.9	-0.9	-0.91	-0.91	-0.52	-0.91	-0.91	-0.95	-0.88	-0.88	-0.93	0.93		-0.95	-0.94	0.71
Interest Expense	-0.79	0.91	-0.95	0.74	0.97	0.68	0.96	0.96	0.97	0.96	0.66	0.97	0.96	1.0	0.92	0.95	0.98	-0.99	-0.95		0.99	-0.8
Net Income From Continuing Ops	-0.72	0.86	-0.94	0.66	0.94	0.6	0.94	0.94	0.94	0.95	0.57	0.93	0.95	0.99	0.91	0.92	0.99	-0.98	-0.94	0.99		-0.72
Reconciled Depreciation	1.0	-0.92	0.71	-0.91	-0.86	-0.93	-0.84	-0.84	-0.91	-0.83	-0.93	-0.91	-0.84	-0.77	-0.7	-0.87	-0.79	0.75	0.71	-0.8	-0.72

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Nextracker Account Relationship Matchups

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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Nextracker Historical Income Statement

About Nextracker Income Statement Analysis

Nextracker Income Statement Chart

Depreciation And Amortization

Gross Profit

Operating Income

Cost Of Revenue

Nextracker income statement Correlations

Nextracker Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nextracker income statement Accounts

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Reconciled Depreciation	+ 1.0	Depreciation And Amortization
Interest Income	+ 1.0	Selling And Marketing Expenses
Operating Income	+ 1.0	Gross Profit
Ebit	+ 1.0	Gross Profit
Ebitda	+ 1.0	Gross Profit
Income Before Tax	+ 1.0	Gross Profit

Interest Expense	- 0.99	Net Interest Income
Net Interest Income	- 0.99	Total Other Income Expense Net
Net Income From Continuing Ops	- 0.98	Net Interest Income
Net Interest Income	- 0.96	Tax Provision
Interest Expense	- 0.95	Interest Income
Interest Income	- 0.95	Total Other Income Expense Net