NXT: Nextracker Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Nextracker Inc (NXT).
$6.14B Market Cap.
NXT Market Cap. (MRY)
NXT Shares Outstanding (MRY)
NXT Assets (MRY)
Total Assets
$3.19B
Total Liabilities
$1.56B
Total Investments
$0
NXT Income (MRY)
Revenue
$2.96B
Net Income
$517.25M
Operating Expense
$369.71M
NXT Cash Flow (MRY)
CF Operations
$655.79M
CF Investing
-$186.10M
CF Financing
-$177.65M
NXT Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Total Assets | $3,192,516,000 (26.75%) | $2,518,782,000 (77.42%) | $1,419,680,000 (39.56%) | $1,017,289,000 (15.47%) |
Assets Current | $2,157,986,000 (22.04%) | $1,768,235,000 (102.72%) | $872,265,000 (22.16%) | $714,062,000 (22.43%) |
Assets Non-Current | $1,034,530,000 (37.84%) | $750,547,000 (37.11%) | $547,415,000 (80.53%) | $303,227,000 (1.85%) |
Goodwill & Intangible Assets | $424,259,000 (59.08%) | $266,699,000 (0.08%) | $266,474,000 (-0.45%) | $267,681,000 (-3.07%) |
Shareholders Equity | $1,628,130,000 (69.42%) | $961,013,000 (131.24%) | -$3,075,767,000 (0%) | $0 (0%) |
Property Plant & Equipment Net | $60,395,000 (553.91%) | $9,236,000 (27.31%) | $7,255,000 (-2.26%) | $7,423,000 (47.52%) |
Cash & Equivalents | $766,103,000 (61.61%) | $474,054,000 (264.63%) | $130,008,000 (347.22%) | $29,070,000 (-84.75%) |
Accumulated Other Comprehensive Income | -$298,000 (-1852.94%) | $17,000 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $343,762,000 (16.58%) | $294,870,000 (67.09%) | $176,473,000 (126.64%) | $77,866,000 (0.63%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $209,432,000 (3.81%) | $201,736,000 (46.13%) | $138,057,000 (-19.83%) | $172,208,000 (103.86%) |
Trade & Non-Trade Receivables | $472,462,000 (23.46%) | $382,687,000 (41.13%) | $271,159,000 (61.11%) | $168,303,000 (38.62%) |
Trade & Non-Trade Payables | $585,299,000 (28.18%) | $456,639,000 (104.23%) | $223,594,000 (-26.91%) | $305,910,000 (17.54%) |
Accumulated Retained Earnings (Deficit) | -$2,557,410,000 (16.60%) | -$3,066,578,000 (0.30%) | -$3,075,782,000 (0%) | $0 |
Tax Assets | $498,778,000 (13.81%) | $438,272,000 (60.14%) | $273,686,000 (873.17%) | $28,123,000 (0%) |
Tax Liabilities | $394,879,000 (0.85%) | $391,568,000 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $0 (0%) | $147,717,000 (0.39%) | $147,147,000 (0%) | $0 (0%) |
Debt Current | $0 (0%) | $3,750,000 (0%) | $0 (0%) | $0 (0%) |
Debt Non-Current | $0 (0%) | $143,967,000 (-2.16%) | $147,147,000 (0%) | $0 (0%) |
Total Liabilities | $1,564,386,000 (2.46%) | $1,526,754,000 (63.32%) | $934,819,000 (81.11%) | $516,156,000 (21.47%) |
Liabilities Current | $1,033,512,000 (15.93%) | $891,486,000 (75.69%) | $507,426,000 (7.19%) | $473,371,000 (20.96%) |
Liabilities Non-Current | $530,874,000 (-16.43%) | $635,268,000 (48.64%) | $427,393,000 (898.93%) | $42,785,000 (27.45%) |
NXT Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Revenues | $2,959,197,000 (18.38%) | $2,499,841,000 (31.42%) | $1,902,137,000 (30.50%) | $1,457,592,000 (21.91%) |
Cost of Revenue | $1,950,372,000 (15.63%) | $1,686,792,000 (4.43%) | $1,615,164,000 (23.24%) | $1,310,561,000 (36.00%) |
Selling General & Administrative Expense | $290,321,000 (58.15%) | $183,571,000 (89.50%) | $96,869,000 (44.69%) | $66,948,000 (10.76%) |
Research & Development Expense | $79,392,000 (87.42%) | $42,360,000 (95.94%) | $21,619,000 (52.50%) | $14,176,000 (8.98%) |
Operating Expenses | $369,713,000 (63.64%) | $225,931,000 (90.68%) | $118,488,000 (46.06%) | $81,124,000 (10.45%) |
Interest Expense | $13,096,000 (-5.24%) | $13,820,000 (653.96%) | $1,833,000 (5291.18%) | $34,000 (-93.23%) |
Income Tax Expense | $130,770,000 (16.99%) | $111,782,000 (134.10%) | $47,750,000 (236.39%) | $14,195,000 (-57.85%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $525,324,000 (-23.44%) | $686,189,000 (184.11%) | $241,523,000 (137.19%) | $101,826,000 (-59.06%) |
Net Income to Non-Controlling Interests | $8,078,000 (-95.75%) | $189,974,000 (58.06%) | $120,190,000 (136.07%) | $50,913,000 (-59.06%) |
Net Income | $517,246,000 (4.24%) | $496,215,000 (308.97%) | $121,333,000 (138.31%) | $50,913,000 (-59.06%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $517,246,000 (4.24%) | $496,215,000 (308.97%) | $121,333,000 (138.31%) | $50,913,000 (-59.06%) |
Weighted Average Shares | $143,539,344 (86.25%) | $77,067,639 (67.95%) | $45,886,065 (-61.46%) | $119,047,619 |
Weighted Average Shares Diluted | $149,275,950 (1.35%) | $147,284,330 (0.98%) | $145,851,637 | - |
Earning Before Interest & Taxes (EBIT) | $661,112,000 (6.32%) | $621,817,000 (263.81%) | $170,916,000 (162.37%) | $65,142,000 (-58.91%) |
Gross Profit | $1,008,825,000 (24.08%) | $813,049,000 (183.32%) | $286,973,000 (95.18%) | $147,031,000 (-36.62%) |
Operating Income | $639,112,000 (8.86%) | $587,118,000 (248.47%) | $168,485,000 (155.64%) | $65,907,000 (-58.43%) |
NXT Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Net Cash Flow from Investing | -$186,096,000 (-2694.23%) | -$6,660,000 (-110.83%) | -$3,159,000 (45.06%) | -$5,750,000 (-94.06%) |
Net Cash Flow from Financing | -$177,649,000 (-126.98%) | -$78,267,000 (-2091.13%) | -$3,572,000 (58.73%) | -$8,656,000 (-108.99%) |
Net Cash Flow from Operations | $655,794,000 (52.88%) | $428,973,000 (298.42%) | $107,669,000 (173.19%) | -$147,113,000 (-256.05%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $292,049,000 (-15.11%) | $344,046,000 (240.85%) | $100,938,000 (162.49%) | -$161,519,000 (-186.08%) |
Net Cash Flow - Business Acquisitions and Disposals | -$152,175,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$33,921,000 (-450.67%) | -$6,160,000 (-95.00%) | -$3,159,000 (45.06%) | -$5,750,000 (-133.46%) |
Issuance (Repayment) of Debt Securities | -$156,017,000 (0%) | $0 (0%) | $150,000,000 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $76,000 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $118,880,000 (109.36%) | $56,783,000 (77.48%) | $31,994,000 (949.67%) | $3,048,000 (-29.22%) |
Depreciation Amortization & Accretion | $13,407,000 (207.29%) | $4,363,000 (-5.69%) | $4,626,000 (-58.50%) | $11,146,000 (-33.69%) |
NXT Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Gross Margin | 34.10% (4.92%) | 32.50% (115.23%) | 15.10% (49.50%) | 10.10% (-47.94%) |
Profit Margin | 17.50% (-11.62%) | 19.80% (209.38%) | 6.40% (82.86%) | 3.50% (-66.35%) |
EBITDA Margin | 22.80% (-8.80%) | 25.00% (171.74%) | 9.20% (76.92%) | 5.20% (-64.63%) |
Return on Average Equity (ROAE) | 38.20% (256.56%) | -24.40% (-208.86%) | -7.90% (-135.43%) | 22.30% |
Return on Average Assets (ROAA) | 17.90% (-25.10%) | 23.90% (139.00%) | 10.00% (85.19%) | 5.40% |
Return on Sales (ROS) | 22.30% (-10.44%) | 24.90% (176.67%) | 9.00% (100.00%) | 4.50% (-66.17%) |
Return on Invested Capital (ROIC) | 61.00% (-22.69%) | 78.90% (109.84%) | 37.60% (-21.99%) | 48.20% |
Dividend Yield | 0% (0%) | 0% (0%) | 0% | - |
Price to Earnings Ratio (P/E) | 11.87 (-16.26%) | 14.17 (-99.22%) | 1,813 | - |
Price to Sales Ratio (P/S) | 2.04 (17.81%) | 1.74 (98.29%) | 0.88 | - |
Price to Book Ratio (P/B) | 3.77 (-55.52%) | 8.47 (607.37%) | -1.67 | - |
Debt to Equity Ratio (D/E) | 0.96 (-39.52%) | 1.59 (622.70%) | -0.3 | - |
Earnings Per Share (EPS) | 3.55 (-10.58%) | 3.97 (19750.00%) | 0.02 | - |
Sales Per Share (SPS) | 20.62 (-36.44%) | 32.44 (-21.75%) | 41.45 (238.56%) | 12.24 |
Free Cash Flow Per Share (FCFPS) | 4.33 (-21.04%) | 5.49 (140.83%) | 2.28 (277.41%) | -1.28 |
Book Value Per Share (BVPS) | 11.34 (-9.04%) | 12.47 (118.60%) | -67.03 (0%) | 0 |
Tangible Assets Book Value Per Share (TABVPS) | 19.29 (-34.00%) | 29.22 (16.27%) | 25.13 (299.11%) | 6.3 |
Enterprise Value Over EBIT (EV/EBIT) | 8 (-38.46%) | 13 (-55.17%) | 29 | - |
Enterprise Value Over EBITDA (EV/EBITDA) | 8.29 (-34.49%) | 12.65 (-55.92%) | 28.69 | - |
Asset Turnover | 1.02 (-15.03%) | 1.2 (-22.87%) | 1.56 (1.63%) | 1.54 |
Current Ratio | 2.09 (5.30%) | 1.98 (15.36%) | 1.72 (13.99%) | 1.51 (1.21%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $621,873,000 (47.08%) | $422,813,000 (304.57%) | $104,510,000 (168.37%) | -$152,863,000 (-266.50%) |
Enterprise Value (EV) | $5,588,176,177 (-29.43%) | $7,919,134,109 (57.23%) | $5,036,546,679 | - |
Earnings Before Tax (EBT) | $648,016,000 (6.58%) | $607,997,000 (259.58%) | $169,083,000 (159.70%) | $65,108,000 (-58.80%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $674,519,000 (7.72%) | $626,180,000 (256.71%) | $175,542,000 (130.10%) | $76,288,000 (-56.49%) |
Invested Capital | $968,642,000 (-6.34%) | $1,034,260,000 (56.02%) | $662,919,000 (168.21%) | $247,167,000 (980.13%) |
Working Capital | $1,124,474,000 (28.25%) | $876,749,000 (140.31%) | $364,839,000 (51.58%) | $240,691,000 (25.42%) |
Tangible Asset Value | $2,768,257,000 (22.92%) | $2,252,083,000 (95.29%) | $1,153,206,000 (53.84%) | $749,608,000 (23.94%) |
Market Capitalization | $6,136,386,177 (-24.63%) | $8,142,190,109 (58.51%) | $5,136,627,679 | - |
Average Equity | $1,355,516,500 (166.53%) | -$2,037,349,000 (-32.48%) | -$1,537,883,500 (-774.44%) | $228,023,500 |
Average Assets | $2,892,915,750 (39.34%) | $2,076,084,250 (70.38%) | $1,218,484,500 (28.38%) | $949,129,000 |
Invested Capital Average | $1,083,034,000 (37.34%) | $788,568,750 (73.30%) | $455,043,000 (237.01%) | $135,025,000 |
Shares | 145,619,036 (0.64%) | 144,698,598 (2.14%) | 141,660,995 (19.00%) | 119,047,619 |