Nextracker Reports Second Quarter Fiscal Year 2026 Financial Results
Q2 FY26 Revenues of
Raises FY26 Revenue and Profitability Outlook
Financial Summary (In millions, except per share) |
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Q2 FY26 |
Q1 FY26 |
Q2 FY25 |
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Revenue |
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GAAP Gross Profit |
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GAAP Net Income |
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GAAP Net Income Margin |
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GAAP Diluted EPS |
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Adjusted Gross Profit |
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Adjusted Gross Margin |
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Adjusted EBITDA |
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Adjusted EBITDA Margin |
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Adjusted Net Income |
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Adjusted Diluted EPS |
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Q2 FY26, Q1 FY26 and Q2 FY25 results include approximately
Please refer to Nextracker’s most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K for more information and schedules III, IV and V attached to this press release for a reconciliation of non-GAAP to GAAP financial measures. Additional information can be found on the Investor Relations section of our website.
Second Quarter Fiscal Year 2026 Financial Highlights:
-
Revenue of
, up$905 million 42% YoY -
GAAP gross profit of
, up$293 million 30% YoY and GAAP operating income of , up$181 million 36% YoY -
Adjusted gross profit of
, up$300 million 31% YoY and adjusted EBITDA of , up$224 million 29% YoY -
Operating cash flow of
YTD with$268 million of cash at the end of the quarter with no debt$845 million
Business Highlights:
-
Backlog grew to record level of over
$5 billion - Launched our new NX PowerMergeTM, electrical balance of systems (eBOS) trunk connector and achieved record quarterly eBOS bookings in Q2, the highest in Bentek’s 40-year company history
- Acquired Origami Solar, launching our advanced module frame technology business, and signed a multi-gigawatt multi-year supply agreement for advanced module frames
- Achieved record bookings for our foundation solutions business and TrueCapture®, Nextracker’s proprietary energy yield management system, in Q2
-
Achieved record bookings in
Europe in Q2 -
Entered into a joint venture agreement to form Nextracker Arabia with Abunayyan Holding in
Saudi Arabia to help further expand our footprint in theMiddle East andNorth Africa markets
“Nextracker delivered another strong quarter with robust financial performance amid accelerating global demand for our technology,” said Dan Shugar, founder and CEO of Nextracker. “Bookings for our tracker products remain healthy, leading to a record backlog of greater than
“This quarter reflects the power of our financial discipline and balance sheet strength. We enhanced our capital structure with a
FY2026 Annual Outlook Raised FY26 revenue and profitability ranges |
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Updated Outlook |
Previous Outlook |
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Revenue |
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GAAP Net Income |
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GAAP Diluted EPS |
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Adjusted EBITDA |
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Adjusted Diluted EPS |
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Adjusted EBITDA range of
Adjusted Diluted EPS range of
Our outlook assumes the current
Q2 FY26 Earnings Call
October 23, 2025
2:00 p.m. PT / 5:00 p.m. ET
Live webcast available on investors.nextracker.com
We encourage you to review our Q2 FY26 Shareholder Letter, which, along with this press release, is available on the Nextracker Investor Relations website and includes important information for Nextracker shareholders that supplements and expands on the information in this press release.
The webcast replay will be available on the Nextracker Investor Relations website following the conclusion of the event.
About Nextracker
Nextracker innovates and delivers a leading solar power technology platform with integrated tracker, electrical and mechanical solutions, and yield management and control systems for utility-scale and distributed generation projects. Our advanced technology enables solar power plants to follow the sun’s movement across the sky and optimize performance. With systems operating in more than 40 countries worldwide, Nextracker offers innovative solutions that accelerate solar power plant construction, increase energy output, and enhance long-term reliability. For more information, visit www.nextracker.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the trends for energy demand and future solar adoption, the expected benefit and duration of our advanced module frame supply agreement, benefits of our recent acquisitions (including the benefits our customers may realize as a result of integrating these businesses into Nextracker’s), the demand for our products, (including our eBOS solutions and our other tracker products), our bookings and backlog, including our ability to convert our backlog into revenue, the anticipated benefits of our joint venture agreement, including the anticipated expansion of our operations in the
Use of Adjusted Financial Information
An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules III, IV and V attached to this press release, and can be found, along with other financial information including the Earnings Presentation, on the investor relations section of our website at investors.nextracker.com.
Channels for Disclosure of Information
Nextracker intends to announce material information to the public through the Nextracker Investor Relations website, investors.nextracker.com, SEC filings, press releases, public conference calls, and public webcasts. Nextracker uses these channels to communicate with its investors, customers, and the public about the company, its offerings, and other issues. As such, Nextracker encourages investors, the media, and others to follow the channels listed above and to review the information disclosed through such channels.
Schedule I Nextracker Inc. Unaudited condensed consolidated statements of operations and comprehensive income (In thousands, except per share data) |
|||||||||||
|
Three-month periods ended |
||||||||||
|
September 26,
|
|
June 27, 2025 |
|
September 27,
|
||||||
Revenue |
$ |
905,268 |
|
|
$ |
864,253 |
|
|
$ |
635,571 |
|
Cost of sales |
|
612,408 |
|
|
|
582,527 |
|
|
|
410,776 |
|
Gross profit |
|
292,860 |
|
|
|
281,726 |
|
|
|
224,795 |
|
Selling, general and administrative expenses |
|
84,626 |
|
|
|
73,936 |
|
|
|
72,127 |
|
Research and development |
|
26,889 |
|
|
|
21,560 |
|
|
|
19,193 |
|
Operating income |
|
181,345 |
|
|
|
186,230 |
|
|
|
133,475 |
|
Interest expense |
|
730 |
|
|
|
1,216 |
|
|
|
3,665 |
|
Other income, net |
|
(2,110 |
) |
|
|
(5,953 |
) |
|
|
(7,382 |
) |
Income before income taxes |
|
182,725 |
|
|
|
190,967 |
|
|
|
137,192 |
|
Provision for income taxes |
|
35,864 |
|
|
|
33,784 |
|
|
|
19,928 |
|
Net income and comprehensive income |
|
146,861 |
|
|
|
157,183 |
|
|
|
117,264 |
|
Less: Net income attributable to non-controlling interests |
|
— |
|
|
|
— |
|
|
|
1,873 |
|
Net income attributable to Nextracker Inc. |
$ |
146,861 |
|
|
$ |
157,183 |
|
|
$ |
115,391 |
|
|
|
|
|
|
|
||||||
Earnings per share attributable to Nextracker Inc. common stockholders |
|
|
|
|
|
||||||
Basic |
$ |
0.99 |
|
|
$ |
1.06 |
|
|
$ |
0.80 |
|
Diluted |
$ |
0.97 |
|
|
$ |
1.04 |
|
|
$ |
0.79 |
|
Weighted-average shares used in computing per share amounts: |
|
|
|
|
|
||||||
Basic |
|
148,028 |
|
|
|
147,631 |
|
|
|
143,479 |
|
Diluted |
|
152,018 |
|
|
|
150,901 |
|
|
|
149,079 |
|
Nextracker Inc. Unaudited condensed consolidated statements of operations and comprehensive income (continued) (In thousands, except per share data) |
|||||||
|
Six-month periods ended |
||||||
|
September 26,
|
|
September 27,
|
||||
Revenue |
$ |
1,769,521 |
|
|
$ |
1,355,492 |
|
Cost of sales |
|
1,194,935 |
|
|
|
893,257 |
|
Gross profit |
|
574,586 |
|
|
|
462,235 |
|
Selling, general and administrative expenses |
|
158,562 |
|
|
|
132,954 |
|
Research and development |
|
48,449 |
|
|
|
35,712 |
|
Operating income |
|
367,575 |
|
|
|
293,569 |
|
Interest expense |
|
1,946 |
|
|
|
6,945 |
|
Other income, net |
|
(8,063 |
) |
|
|
(2,514 |
) |
Income before income taxes |
|
373,692 |
|
|
|
289,138 |
|
Provision for income taxes |
|
69,648 |
|
|
|
47,080 |
|
Net income and comprehensive income |
|
304,044 |
|
|
|
242,058 |
|
Less: Net income attributable to non-controlling interests |
|
— |
|
|
|
4,967 |
|
Net income attributable to Nextracker Inc. |
$ |
304,044 |
|
|
$ |
237,091 |
|
|
|
|
|
||||
Earnings per share attributable to Nextracker Inc. common stockholders |
|
|
|
||||
Basic |
$ |
2.06 |
|
|
$ |
1.66 |
|
Diluted |
$ |
2.01 |
|
|
$ |
1.62 |
|
Weighted-average shares used in computing per share amounts: |
|
|
|
||||
Basic |
|
147,480 |
|
|
|
142,785 |
|
Diluted |
|
151,110 |
|
|
|
149,151 |
|
Schedule II Nextracker Inc. Unaudited condensed consolidated balance sheets (In thousands) |
|||||
|
As of September 26, 2025 |
|
As of March 31, 2025 |
||
ASSETS |
|||||
Current assets: |
|
|
|
||
Cash and cash equivalents |
$ |
845,342 |
|
$ |
766,103 |
Accounts receivable, net of allowance of |
|
549,216 |
|
|
472,462 |
Contract assets |
|
425,338 |
|
|
405,890 |
Inventories |
|
221,155 |
|
|
209,432 |
Section 45X credit receivable |
|
244,483 |
|
|
215,616 |
Other current assets |
|
153,141 |
|
|
88,483 |
Total current assets |
|
2,438,675 |
|
|
2,157,986 |
Property and equipment, net |
|
84,928 |
|
|
60,395 |
Goodwill |
|
473,667 |
|
|
371,018 |
Other intangible assets, net |
|
81,716 |
|
|
53,241 |
Deferred tax assets |
|
513,745 |
|
|
498,778 |
Other assets |
|
76,158 |
|
|
51,098 |
Total assets |
$ |
3,668,889 |
|
$ |
3,192,516 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |
|||||
Current liabilities: |
|
|
|
||
Accounts payable |
$ |
553,608 |
|
$ |
585,299 |
Accrued expenses |
|
103,573 |
|
|
97,000 |
Deferred revenue |
|
372,348 |
|
|
247,127 |
Other current liabilities |
|
90,277 |
|
|
104,086 |
Total current liabilities |
|
1,119,806 |
|
|
1,033,512 |
Tax receivable agreement (TRA) liability |
|
372,460 |
|
|
394,879 |
Long-term deferred revenue |
|
98,882 |
|
|
96,635 |
Other liabilities |
|
92,043 |
|
|
39,360 |
Total liabilities |
|
1,683,191 |
|
|
1,564,386 |
Total stockholders’ equity |
|
1,985,698 |
|
|
1,628,130 |
Total liabilities and stockholders’ equity |
$ |
3,668,889 |
|
$ |
3,192,516 |
Schedule III Nextracker Inc. Unaudited condensed consolidated statements of cash flows (In thousands) |
|||||||
|
Six-month periods ended |
||||||
|
September 26,
|
|
September 27,
|
||||
Cash flows from operating activities: |
|
|
|
||||
Net income |
$ |
304,044 |
|
|
$ |
242,058 |
|
Depreciation and amortization of intangible assets |
|
13,150 |
|
|
|
3,883 |
|
Changes in working capital and other, net |
|
(48,991 |
) |
|
|
28,686 |
|
Net cash provided by operating activities |
|
268,203 |
|
|
|
274,627 |
|
Cash flows from investing activities: |
|
|
|
||||
Purchases of property and equipment |
|
(26,732 |
) |
|
|
(14,900 |
) |
Payment for acquisitions, net of cash acquired |
|
(115,789 |
) |
|
|
(144,675 |
) |
Net cash used in investing activities |
|
(142,521 |
) |
|
|
(159,575 |
) |
Cash flows from financing activities: |
|
|
|
||||
Repayment of bank borrowings |
|
— |
|
|
|
(1,875 |
) |
Payment of revolver issuance costs |
|
(1,993 |
) |
|
|
(3,715 |
) |
TRA payment |
|
(27,427 |
) |
|
|
(15,520 |
) |
Distribution to former non-controlling interest holder |
|
(3,010 |
) |
|
|
(6,112 |
) |
Payment of acquisition deferred purchase price |
|
(14,013 |
) |
|
|
— |
|
Net cash used in financing activities |
|
(46,443 |
) |
|
|
(27,222 |
) |
Net increase in cash and cash equivalents |
|
79,239 |
|
|
|
87,830 |
|
Cash and cash equivalents beginning of period |
|
766,103 |
|
|
|
474,054 |
|
Cash and cash equivalents end of period |
$ |
845,342 |
|
|
$ |
561,884 |
|
|
Six-month periods ended |
||||||
Adjusted free cash flow |
September 26,
|
|
September 27,
|
||||
Net cash provided by operating activities |
$ |
268,203 |
|
|
$ |
274,627 |
|
Purchases of property and equipment |
|
(26,732 |
) |
|
|
(14,900 |
) |
Adjusted free cash flow |
$ |
241,471 |
|
|
$ |
259,727 |
|
Schedule IV Nextracker Inc. Reconciliation of GAAP to Non-GAAP financial measures (In thousands, except percentages and per share data) |
||||||||||||||||||||
|
Three-month periods ended |
|||||||||||||||||||
|
September 26, 2025 |
|
June 27, 2025 |
|
September 27, 2024 |
|||||||||||||||
GAAP gross profit & margin |
$ |
292,860 |
|
|
32.4 |
% |
|
$ |
281,726 |
|
|
32.6 |
% |
|
$ |
224,795 |
|
|
35.4 |
% |
Stock-based compensation expense |
|
5,077 |
|
|
|
|
|
2,238 |
|
|
|
|
|
2,481 |
|
|
|
|||
Intangible amortization |
|
1,649 |
|
|
|
|
|
1,159 |
|
|
|
|
|
896 |
|
|
|
|||
Adjusted gross profit & margin |
$ |
299,586 |
|
|
33.1 |
% |
|
$ |
285,123 |
|
|
33.0 |
% |
|
$ |
228,172 |
|
|
35.9 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
GAAP operating income & margin |
$ |
181,345 |
|
|
20.0 |
% |
|
$ |
186,230 |
|
|
21.5 |
% |
|
$ |
133,475 |
|
|
21.0 |
% |
Stock-based compensation expense |
|
31,653 |
|
|
|
|
|
22,310 |
|
|
|
|
|
29,885 |
|
|
|
|||
Intangible amortization |
|
2,918 |
|
|
|
|
|
2,059 |
|
|
|
|
|
1,875 |
|
|
|
|||
Acquisition related costs |
|
2,577 |
|
|
|
|
|
1,079 |
|
|
|
|
|
2,177 |
|
|
|
|||
Adjusted operating income & margin |
$ |
218,493 |
|
|
24.1 |
% |
|
$ |
211,678 |
|
|
24.5 |
% |
|
$ |
167,412 |
|
|
26.3 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
GAAP net income & margin |
$ |
146,861 |
|
|
16.2 |
% |
|
$ |
157,183 |
|
|
18.2 |
% |
|
$ |
117,264 |
|
|
18.5 |
% |
Stock-based compensation expense |
|
31,653 |
|
|
|
|
|
22,310 |
|
|
|
|
|
29,885 |
|
|
|
|||
Intangible amortization |
|
2,918 |
|
|
|
|
|
2,059 |
|
|
|
|
|
1,875 |
|
|
|
|||
Adjustment for taxes |
|
(3,420 |
) |
|
|
|
|
(7,129 |
) |
|
|
|
|
(6,274 |
) |
|
|
|||
Acquisition related costs |
|
2,577 |
|
|
|
|
|
1,079 |
|
|
|
|
|
2,177 |
|
|
|
|||
Adjusted net income & margin |
$ |
180,589 |
|
|
19.9 |
% |
|
$ |
175,502 |
|
|
20.3 |
% |
|
$ |
144,927 |
|
|
22.8 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
GAAP net income & margin |
$ |
146,861 |
|
|
16.2 |
% |
|
$ |
157,183 |
|
|
18.2 |
% |
|
$ |
117,264 |
|
|
18.5 |
% |
Interest, net |
|
(5,911 |
) |
|
|
|
|
(5,371 |
) |
|
|
|
|
455 |
|
|
|
|||
Revolver extinguishment cost |
|
5,121 |
|
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|||
Provision for income taxes |
|
35,864 |
|
|
|
|
|
33,784 |
|
|
|
|
|
19,928 |
|
|
|
|||
Depreciation expense |
|
4,443 |
|
|
|
|
|
3,730 |
|
|
|
|
|
1,067 |
|
|
|
|||
Intangible amortization |
|
2,918 |
|
|
|
|
|
2,059 |
|
|
|
|
|
1,875 |
|
|
|
|||
Stock-based compensation expense |
|
31,653 |
|
|
|
|
|
22,310 |
|
|
|
|
|
29,885 |
|
|
|
|||
Acquisition related costs |
|
2,577 |
|
|
|
|
|
1,079 |
|
|
|
|
|
2,177 |
|
|
|
|||
Adjusted EBITDA & margin |
$ |
223,526 |
|
|
24.7 |
% |
|
$ |
214,774 |
|
|
24.9 |
% |
|
$ |
172,651 |
|
|
27.2 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
Diluted earnings per share |
|
|
|
|
|
|
|
|
|
|
|
|||||||||
GAAP |
$ |
0.97 |
|
|
|
|
$ |
1.04 |
|
|
|
|
$ |
0.79 |
|
|
|
|||
Earnings per share attributable to Non-GAAP adjustments |
|
0.22 |
|
|
|
|
|
0.12 |
|
|
|
|
|
0.18 |
|
|
|
|||
Adjusted |
$ |
1.19 |
|
|
|
|
$ |
1.16 |
|
|
|
|
$ |
0.97 |
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
Diluted shares used in computing per share amounts |
|
152,018 |
|
|
|
|
|
150,901 |
|
|
|
|
|
149,079 |
|
|
|
|||
Nextracker Inc. Reconciliation of GAAP to Non-GAAP financial measures (continued) (In thousands, except percentages and per share data) |
|||||||||||||
|
|
||||||||||||
|
Six-month periods ended |
||||||||||||
|
September 26, 2025 |
|
September 27, 2024 |
||||||||||
GAAP gross profit & margin |
$ |
574,586 |
|
|
32.5 |
% |
|
$ |
462,235 |
|
|
34.1 |
% |
Stock-based compensation expense |
|
7,315 |
|
|
|
|
|
6,261 |
|
|
|
||
Intangible amortization |
|
2,808 |
|
|
|
|
|
984 |
|
|
|
||
Adjusted gross profit & margin |
$ |
584,709 |
|
|
33.0 |
% |
|
$ |
469,480 |
|
|
34.6 |
% |
|
|
|
|
|
|
|
|
||||||
GAAP operating income & margin |
$ |
367,575 |
|
|
20.8 |
% |
|
$ |
293,569 |
|
|
21.7 |
% |
Stock-based compensation expense |
|
53,963 |
|
|
|
|
|
51,786 |
|
|
|
||
Intangible amortization |
|
4,977 |
|
|
|
|
|
1,963 |
|
|
|
||
Acquisition related costs |
|
3,656 |
|
|
|
|
|
3,657 |
|
|
|
||
Adjusted operating income & margin |
$ |
430,171 |
|
|
24.3 |
% |
|
$ |
350,975 |
|
|
25.9 |
% |
|
|
|
|
|
|
|
|
||||||
GAAP net income & margin |
$ |
304,044 |
|
|
17.2 |
% |
|
$ |
242,058 |
|
|
17.9 |
% |
Stock-based compensation expense |
|
53,963 |
|
|
|
|
|
51,786 |
|
|
|
||
Intangible amortization |
|
4,977 |
|
|
|
|
|
1,963 |
|
|
|
||
Adjustment for taxes |
|
(10,549 |
) |
|
|
|
|
(15,918 |
) |
|
|
||
Acquisition related costs |
|
3,656 |
|
|
|
|
|
3,657 |
|
|
|
||
Adjusted net income & margin |
$ |
356,091 |
|
|
20.1 |
% |
|
$ |
283,546 |
|
|
20.9 |
% |
|
|
|
|
|
|
|
|
||||||
GAAP net income & margin |
$ |
304,044 |
|
|
17.2 |
% |
|
$ |
242,058 |
|
|
17.9 |
% |
Interest, net |
|
(11,282 |
) |
|
|
|
|
(837 |
) |
|
|
||
Revolver extinguishment cost |
|
5,121 |
|
|
|
|
|
— |
|
|
|
||
Provision for income taxes |
|
69,648 |
|
|
|
|
|
47,080 |
|
|
|
||
Depreciation expense |
|
8,173 |
|
|
|
|
|
1,920 |
|
|
|
||
Intangible amortization |
|
4,977 |
|
|
|
|
|
1,963 |
|
|
|
||
Stock-based compensation expense |
|
53,963 |
|
|
|
|
|
51,786 |
|
|
|
||
Acquisition related costs |
|
3,656 |
|
|
|
|
|
3,657 |
|
|
|
||
Adjusted EBITDA & margin |
$ |
438,300 |
|
|
24.8 |
% |
|
$ |
347,627 |
|
|
25.6 |
% |
|
|
|
|
|
|
|
|
||||||
Diluted earnings per share |
|
|
|
|
|
|
|
||||||
GAAP |
$ |
2.01 |
|
|
|
|
$ |
1.62 |
|
|
|
||
Earnings per share attributable to Non-GAAP adjustments |
|
0.35 |
|
|
|
|
|
0.28 |
|
|
|
||
Adjusted |
$ |
2.36 |
|
|
|
|
$ |
1.90 |
|
|
|
||
|
|
|
|
|
|
|
|
||||||
Diluted shares used in computing per share amounts |
|
151,110 |
|
|
|
|
|
149,151 |
|
|
|
||
See the accompanying notes on Schedule V attached to this press release
Schedule V
Nextracker Inc.
Notes
To supplement Nextracker’s unaudited selected financial data presented consistent with
In calculating non-GAAP financial measures, we exclude certain items to facilitate a review of the comparability of the Company’s operating performance on a period-to-period basis because such items are not, in our view, related to the Company’s ongoing operational performance. We use non-GAAP measures to evaluate the operating performance of our business, for comparison with forecasts and strategic plans, for calculating return on investment, and for benchmarking performance externally against competitors. In addition, management’s incentive compensation is determined using certain non-GAAP measures. Since we find these measures to be useful, we believe that investors benefit from seeing results “through the eyes” of management in addition to seeing GAAP results. We believe that these non-GAAP measures, when read in conjunction with the Company’s GAAP financials, provide useful information to investors by offering:
- the ability to make more meaningful period-to-period comparisons of the Company’s ongoing operating results;
- the ability to better identify trends in the Company’s underlying business and perform related trend analysis;
- a better understanding of how management plans and measures the Company’s underlying business; and
- an easier way to compare the Company’s operating results against analyst financial models and operating results of competitors that supplement their GAAP results with non-GAAP financial measures.
The following are explanations of each of the adjustments that we incorporate into non-GAAP measures, as well as the reasons for excluding each of these individual items in the reconciliations of these non-GAAP financial measures:
Stock-based compensation expense consists of non-cash charges for the estimated fair value of unvested restricted share unit and stock option awards granted to employees. The Company believes that the exclusion of these charges provides for more accurate comparisons of its operating results to peer companies due to the varying available valuation methodologies, subjective assumptions, and the variety of award types. In addition, the Company believes it is useful to investors to understand the specific impact stock-based compensation expense has on its operating results.
Intangible amortization consists primarily of non-cash charges that can be impacted by, among other things, the timing and magnitude of acquisitions. The Company considers its operating results without these charges when evaluating its ongoing performance and forecasting its earnings trends, and therefore excludes such charges when presenting non-GAAP financial measures. The Company believes that the assessment of its operations excluding these costs is relevant to its assessment of internal operations and comparisons to the performance of its competitors.
Acquisition costs consist primarily of nonrecurring transaction costs for business acquisitions.
Adjustment for taxes relates to the tax effects of the various adjustments that we incorporate into non-GAAP measures to provide a more meaningful measure on non-GAAP net income and certain adjustments related to non-recurring settlements of tax contingencies or other non-recurring tax charges, when applicable.
Revolver extinguishment cost consists of nonrecurring costs for the termination of our existing credit agreement originally entered into on February 13, 2023.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251023825459/en/
Investor Contact:
Sarah Lee
Investor@nextracker.com
Media Contact:
Brandy Lee
Media@nextracker.com
Source: Nextracker