Company Nextracker Inc.

Equities

NXT

US65290E1010

Renewable Energy Equipment & Services

Market Closed - Nasdaq 04:15:00 2024-05-03 pm EDT 5-day change 1st Jan Change
46.1 USD +5.54% Intraday chart for Nextracker Inc. +5.35% -1.60%

Business Summary

Nextracker Inc. is a provider of integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects. Its products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. It has operations in the United States, Mexico, Spain, India, Australia, the Middle East and Brazil. Its products include NX Horizon, NX Horizon-XTR, NX Gemini, TrueCapture, and NX Navigator. Its solutions include Bifacial PV modules, Large Format Modules, and First Solar Series 6 (FSLR6) Modules. NX Horizon is a one-in-portrait (1P) smart solar tracker system that delivers the lowest levelized cost of energy (LCOE). NX Gemini is its two-in-portrait (2P) format tracker which holds two rows of solar panels along the central support beam. TrueCapture is its flagship software offering, which is a self-adjusting tracker control system that uses machine learning to enhance solar power plant energy yield.

Number of employees: 606

Sales per Business

USD in Million2022Weight2023Weight Delta
Solar Tracker and Software Solutions
100.0 %
1,458 100.0 % 1,902 100.0 % +30.50%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
68.3 %
905 62.1 % 1,299 68.3 % +43.50%
Rest of the World
16.2 %
364 25.0 % 308 16.2 % -15.53%
Brazil
15.6 %
188 12.9 % 296 15.6 % +57.06%

Managers

Managers TitleAgeSince
Founder 55 12-12-31
Founder - 12-12-31
Founder - 12-12-31
Founder - 12-12-31
Founder - 12-12-31
Founder 60 12-12-31
Director of Finance/CFO 54 21-05-31
President 64 22-01-31
Compliance Officer 60 19-03-31
Chief Administrative Officer 56 19-04-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 73 -
Chairman 71 -
Director/Board Member 59 -
Founder 60 12-12-31
Director/Board Member 58 Jan. 01
President 64 22-01-31
Director/Board Member - -
Director/Board Member 47 23-04-24

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 8,140,341 0 0 90.42 %
Stock B 1 136,542,423 123,456,948 ( 90.42 %) 0

Shareholders

NameEquities%Valuation
TPG Group Holdings (SBS) Advisors, Inc.
4.427 %
6,044,918 4.427 % 340 M $
BlackRock Advisors LLC
3.524 %
4,811,332 3.524 % 271 M $
Vanguard Fiduciary Trust Co.
3.450 %
4,710,158 3.450 % 265 M $
Norges Bank (13F)
1.889 %
2,579,754 1.889 % 145 M $
BlackRock Asset Management Ireland Ltd.
1.740 %
2,375,514 1.740 % 134 M $
AllianceBernstein LP
1.510 %
2,062,032 1.510 % 116 M $
Fidelity Management & Research Co. LLC
1.460 %
1,993,315 1.460 % 112 M $
Victory Capital Management, Inc. (Investment Management)
1.422 %
1,941,730 1.422 % 109 M $
Assenagon Asset Management SA
1.162 %
1,586,766 1.162 % 89 M $
JPMorgan Investment Management, Inc.
1.009 %
1,377,551 1.009 % 78 M $
NameEquities%Valuation
TPG Group Holdings (SBS) Advisors, Inc.
9.841 %
8,140,341 9.841 % 458 M $
FLEX LTD.
0.000000 %
0 0.000000 % - $

Company contact information

Nextracker, Inc.

6200 Paseo Padre Parkway

94555, Fremont

+

http://www.nextracker.com
address Nextracker Inc.(NXT)
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