Company Nextracker Inc.

Equities

NXT

US65290E1010

Renewable Energy Equipment & Services

Market Closed - Nasdaq 01:30:00 18/05/2024 am IST 5-day change 1st Jan Change
44.2 USD +0.89% Intraday chart for Nextracker Inc. +4.62% -5.66%

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 01/13/01
Founder - 01/13/01
Founder - 01/13/01
Founder - 01/13/01
Founder - 01/13/01
Founder 60 01/13/01
Director of Finance/CFO 54 01/21/01
President 64 01/22/01
Compliance Officer 60 01/19/01
Chief Administrative Officer 56 01/19/01

Members of the board

Members of the board TitleAgeSince
Director/Board Member 73 -
Chairman 71 -
Director/Board Member 59 -
Founder 60 01/13/01
Director/Board Member 58 02/01
President 64 01/22/01
Director/Board Member - -
Director/Board Member 47 25/23/25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 8,140,341 0 0 89.97 %
Stock B 1 144,682,764 130,172,782 ( 89.97 %) 0

Shareholders

NameEquities%Valuation
Fidelity Management & Research Co. LLC
13.37 %
18,248,981 13.37 % 784 M $
Vanguard Fiduciary Trust Co.
9.178 %
12,531,526 9.178 % 539 M $
BlackRock Advisors LLC
7.895 %
10,779,688 7.895 % 463 M $
PRIMECAP Management Co.
6.018 %
8,217,513 6.018 % 353 M $
TPG Group Holdings (SBS) Advisors, Inc.
4.427 %
6,044,918 4.427 % 260 M $
BlackRock Life Ltd.
2.830 %
3,863,663 2.830 % 166 M $
Invesco Advisers, Inc.
2.527 %
3,450,479 2.527 % 148 M $
D.E. Shaw & Co., Inc.
2.472 %
3,375,509 2.472 % 145 M $
Wellington Management Co. LLP
2.152 %
2,938,892 2.152 % 126 M $
2,938,765 2.152 % 126 M $
NameEquities%Valuation
TPG Group Holdings (SBS) Advisors, Inc.
9.841 %
8,140,341 9.841 % 350 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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