Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon  XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.

Nextracker Inc.

Nextracker designs, manufactures, and sells solar tracker systems for large-scale solar power projects.

Nextracker

NX Horizon Smart Solar Tracker

NX Energy Storage Solutions

TrueCapture Smart Control System

Since day one, Nextracker’s mission has been to transition the world to affordable, renewable power, by developing the highest-performing and resilient solar tracking technologies and software in the market for our customers.
From sustainable tracker solutions that conform to uneven terrain and withstand extreme weather, Nextracker systems have resilience built in. Nextracker leads the solar industry with solar tracker technologies that optimize and increase energy production while reducing costs for significant plant ROI.

Edelweiss Capital

Nanavati Family Office

Sustainable Growth Fund

The Nest Family Office

TPG Rise Climate Fund

Sigma Partners

DBL Partners

SJF Ventures

Tennenbaum Capital Partners

ClearSky

The biggest event of the year in the solar industry is almost here… And we’ve got some groundbreaking news coming.

We’re counting down the days until RE+ 2024 kicks off in Anaheim on September 9th! Whether you’re an industry veteran or just curious about the latest in clean energy tech, you won’t want to miss what we have lined up.

Let’s connect, collaborate, and push the boundaries of what's possible in solar. Stop by our booth #C40038 and discover how we’re advancing the future of energy everywhere.

Meet you on the ground!

#REPlus2024 #CleanEnergy #SolarInnovation #Nextracker #RenewableEnergy

A Nextracker fala sobre o panorama atual e futuro das plantas solares de grande porte no episódio do podcast Papo Solar, produzido pelo Canal Solar - Energia Fotovoltaica Brasil, um dos veículos de notícias mais importantes do segmento no país.  
 
Dentro desse tema, J. Juliana Santos, Diretora Senior de P&D da Nextracker Latam e Nelson Falcão, Diretor Sênior de Negócios na Nextracker, compartilham com Ericka Araújo e Geraldo Silveira do Canal Solar, seus pontos de vista caminhos para vencer os desafios da Geração Centralizada, com base na vasta experiência de ambos no setor.  
 
Assista aqui: https://lnkd.in/gXzdRuCA 
 
#Nextracker #CanalSolar #PapoSolar #EnergiaSolar #EnergiaLimpa #Rastreador

A Nextracker convida você para a Intersolar South America 2024, o evento mais importante do setor fotovoltaico na América Latina. 
 
De 27 a 29 de agosto, celebraremos importantes marcos. São 100 GW de rastreadores solares inteligentes instalados globalmente, sendo 15 GW só na América Latina com as soluções mais avançadas do mercado como: 
- NX Horizon-XTR™: Solução de rastreamento solar que segue o terreno e reduz o CAPEX 
- TrueCapture™: Software que aumenta o ganho de energia por meio de machine-learning. E mais! 
 
Estaremos também no Congresso. O painel: Supply Chain – Challenges & Opportunities contará com a participação de Alejo Lopez, Vice-Presidente de Vendas América Latina da Nextracker. A moderação estará por conta de Nelson Falcão, Vice-Presidente de Cadeia Produtiva e membro do Conselho de Administração da Associação Brasileira de Energia Solar Fotovoltaica - ABSOLAR, e Diretor Sênior de Negócios da Nextracker. 
 
Visite-nos! Será um prazer recebê-lo. 
 
#IntersolarSouthAmerica #Intersolar2024 #NXHorizonXTR #tecnologia #energia #solar

Nextracker’s NX Horizon™ solutions have been selected by KP Group for a 240 MW project in Khavda, adding to our extensive portfolio of over 3.5 GW in the region. 
 
For this project, over 80% of our system components will be manufactured domestically, leveraging our 10 GW of annual capacity through partnerships across the country. 
 
KP Green Engineering Ltd.’s dedication to design and engineering excellence aligns seamlessly with Nextracker’s vision of delivering intelligent, reliable, and efficient solar solutions to our customers. 
 
#KPGreenEngineering #KPGroup #Nextracker #SolarEnergy #SustainableFuture #RenewableEnergy #KhavdaSolarProject #CleanEnergy

Rajeev K. Hemanshu Sugandhi Mayank Mishra Dr. Faruk G. Patel Moinul Kadva Hassan Patel Shaheedul Hasan sohil dabhoya Amit Khandelwal Ashish Jaiswal Azad Bohra Abhijeet Kalbhor Ravi Sharma, Sanjeev Kumar

Since August 2022, the U.S. utility-scale clean energy industry has announced $500 billion in new investment and 160+ new or expanded manufacturing facilities, including 95 solar manufacturing facilities.

The clean energy industry is #InvestingInAmerica and Nextracker is proud to help bring solar manufacturing home.

Explore new American Clean Power Association (ACP) data to learn how our industry is #InvestinginAmerica: https://lnkd.in/eDUQV35R

#CleanEnergy #Nextracker #AmericanManufacturing

We're thrilled to announce Nextracker's outstanding performance in the first quarter of FY25, with a 50% year-over-year revenue growth, reaffirming our position as a global leader in intelligent solar tracker and software solutions. 

This quarter's achievements underscore our commitment to driving the clean energy transition through innovative technologies. Highlights include the launch of the NX Horizon Low Carbon Tracker, advancements in agrivoltaics, and strategic expansions of our manufacturing capabilities in partnership with JM Steel and Unimacts. Additionally, we're excited about the recent acquisitions of Ojjo and Solar Pile International, enhancing our offerings and team of experts in advanced foundation solutions.

At Nextracker, we're not just tracking the sun; we're setting the pace for the future of solar energy. Our unwavering focus on premium technology performance, smart software capabilities, and future-proof innovations continues to empower our customers with optimized energy production and cost efficiencies. 

With our strong balance sheet, expanded liquidity, and a visionary management team, we are well-positioned to continue leading the industry and supporting a sustainable, net-zero carbon future. Here's to another quarter of setting new benchmarks and powering a world driven by renewable energy.

For more information, check out our new Shareholder Letter for this quarter: https://lnkd.in/gTkqc7WG

#Earnings #RenewableEnergy #NetZero

Daniel Shugar Howard Wenger Chuck Boynton Mary Lai Sarah Lee Kristan Kirsh Brandy Lee

At Nextracker’s annual summer picnic—the 100 GW Games—employees celebrated the milestone of shipping 100 GW of solar globally. The event had it all—dogs, kids, barbecue, a giant dart board, and games galore. As we continue to grow our workforce, having time to connect and meet new colleagues is more important than ever. Thanks for a great day, NXers! 
  
#Nextracker #100GW #TeamBonding

Traci Look Solmaz V. Lance Turner

Nextracker is proud to sponsor Women in Cleantech and Sustainability’s upcoming virtual professional development workshop, “ABCs of ESG Reporting” on August 9, 2024 from 9-10:30am PDT. 
 
Attendees of this virtual workshop will have the opportunity to gain essential knowledge of the evolving regulatory landscape and its implications for ESG (Environmental, Social, and Governance) reporting, as well as learn practical skills to create robust, compliant ESG reports. 
 
Esteemed speakers include: 
- Olubamise Onabanjo, ESG Analyst at Morrison Foerster 
- Olga Terets, Corporate Associate in the San Francisco Office at Morrison Foerster 
- Moderator: Pamela C. Sammarco, CEO, CPTD, I/O Psych Practitioner, M.S., Founder of Green Training Associates 
 
Register at this link to join this transformative workshop, and enjoy 20% off registration when using the code: ABC-ESG-20: https://bit.ly/45Yo9gR  
 
#ESG #Sustainability #ProfessionalDevelopment #WCS

Traci Look Mansi Sehgal Sarah Miriam Albert Mary Lai Sarah Lee Lisa Ann Pinkerton Sara Eve Fuentes (she/her)

Con más de 100 gigavatios de seguidores solares distribuidos en más de 40 países, Nextracker ha contribuido a garantizar el rendimiento y reducir el coste total de explotación de cientos de proyectos en todo el mundo. Nuestros equipos especializados colaboran estrechamente con clientes e ingenieros, desarrollando soluciones a medida de alta calidad que son fáciles de instalar y proporcionan un mayor rendimiento durante toda su vida útil.  
  
En una entrevista exclusiva con El Mundo, nuestro vicepresidente de ventas en Europa, Jesus Prado, comparte sus impresiones sobre cómo el compromiso de Nextracker con la calidad, la innovación y el éxito de sus clientes ha distinguido a Nextracker como el principal proveedor de soluciones y software integrados de seguimiento solar.  
  
Lea el artículo aquí: https://bit.ly/4bnDaKt   
 
With over 100 gigawatts of solar trackers shipped across 40+ countries, Nextracker has helped ensure the performance and reduced the total cost of operation of hundreds of projects around the world. Our dedicated teams collaborate closely with customers and engineers, developing tailored, high-quality solutions that are easy to install and provide higher lifetime performance. 
 
In an exclusive interview with El Mundo, our VP of European Sales, Jesús Prado, shares insights into how Nextracker’s commitment to quality, innovation, and customer success has distinguished Nextracker as the premier provider of integrated solar tracking solutions and software. 
 
Read the article here: https://bit.ly/4bnDaKt 

#Nextracker #Innovation #SolarTracker #EnergíaRenovable 
 
Beatriz Mateu Yves Figuerola Marco Garcia Antonio Sendín Rodríguez Santiago Cuenda Delgado Jose Antonio Caballero Cuerva Michael Elgie José Javier Gutiérrez Amado

	Mar '19	Mar '20	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24
revenue	660.74M -	1.17B 77.27%	1.17B 0%	1.20B 2.08%	1.46B 21.91%	1.90B 30.50%	2.50B 31.42%
cost of revenue	611.71M -	958.38M 56.67%	958.38M 0%	963.64M 0.55%	1.31B 36.00%	1.62B 23.24%	1.69B 4.43%
gross profit	49.03M -	212.91M 334.20%	212.91M 0%	231.98M 8.96%	147.03M 36.62%	286.97M 95.18%	813.05M 183.32%
selling and marketing expenses	35.51M -
general and administrative expenses	3.80M -
selling general and administrative expenses	39.30M -	55.36M 40.85%	55.36M 0%	60.44M 9.18%	66.95M 10.76%	96.87M 44.69%	183.57M 89.50%
research and development expenses	8.56M -	8.64M 0.92%	8.64M 0%	13.01M 50.54%	14.18M 8.98%	21.62M 52.50%	42.36M 95.94%
other expenses							34.70M -
cost and expenses	659.57M -	1.02B 55.01%	1.02B 0%	1.04B 1.44%	1.39B 34.19%	1.73B 24.57%	1.91B 10.33%
operating expenses	47.87M -	64.00M 33.71%	64.00M 0%	73.45M 14.76%	81.12M 10.45%	118.49M 46.06%	225.93M 90.68%
interest expense				502K -	799K 59.16%		13.82M -
ebitda	19.67M -	166.85M 748.39%	166.85M 0%	175.34M 5.09%	77.05M 56.06%	173.11M 124.66%	591.48M 241.68%
operating income	1.17M -	148.91M 12,659.64%	148.91M 0%	158.53M 6.46%	65.91M 58.43%	168.49M 155.64%	587.12M 248.47%
depreciation and amortization	18.50M -	17.95M 2.98%	17.95M 0%	16.81M 6.35%	11.15M 33.69%	4.63M 58.50%	4.36M 5.69%
total other income expenses net	-407K -	24K 105.90%	24K 0%	-502K 2,191.67%	-799K 59.16%	598K 174.84%	20.88M 3,391.47%
income before tax	760K -	148.93M 19,495.92%	148.93M 0%	158.03M 6.11%	65.11M 58.80%	169.08M 159.70%	608.00M 259.58%
income tax expense	2.35M -	30.67M 1,205.23%	30.67M 0%	33.68M 9.81%	14.20M 57.85%	47.75M 236.39%	111.78M 134.10%
net income	-1.59M -	118.26M 7,537.48%	118.26M 0%	124.35M 5.15%	50.91M 59.06%	121.33M 138.31%	306.24M 152.40%
weighted average shs out	38.54M -	38.54M 0%	41.88M 8.68%	41.88M 0%	41.88M 0%	45.89M 9.57%	90.87M 98.04%
weighted average shs out dil	38.54M -	38.54M 0%	41.88M 8.68%	41.88M 0%	41.88M 0%	145.85M 248.27%	147.28M 0.98%
eps	-0.04 -	3.07 7,533.41%	2.82 8.14%	2.97 5.32%	1.22 58.92%	0.02 98.36%	0.00 80%
epsdiluted	-0.04 -	3.07 7,533.41%	2.82 8.14%	2.97 5.32%	1.22 58.92%	0.02 98.36%	0.00 89.50%

COM:NEXTRACKER

Nextracker

Last Close

44.32

13/03 20:00

Market Cap

6.95B

Beta: -

Volume Today

1.98M

Avg: -

Preview