The table below shows Nextracker Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
Revenue
$3.56B
$2.96B
$2.50B
$1.90B
$1.46B
$1.20B
Cost of revenue
$2.40B
$1.95B
$1.69B
$1.62B
$1.31B
$963.64M
Gross profit
$1.16B
$1.01B
$813.05M
$286.97M
$147.03M
$231.98M
R&D
$120.91M
$79.39M
$42.36M
$21.62M
$14.18M
$13.01M
NXT annual revenue (10-K history)
Nextracker Inc. reported annual revenue of $3.56B for fiscal year 2026. That is up 20.3% from $2.96B in fiscal 2025. Over the 6 fiscal years shown, annual revenue grew from $1.20B (FY 2021) to $3.56B. Figures come from the company's audited annual reports as filed with the SEC.