Nextracker Research and Development Expenses 2021-2025 | NXT
Nextracker annual/quarterly research and development expenses history and growth rate from 2021 to 2025. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Nextracker research and development expenses for the quarter ending March 31, 2025 were $0.024B, a 41.34% increase year-over-year.
- Nextracker research and development expenses for the twelve months ending March 31, 2025 were $0.079B, a 87.42% increase year-over-year.
- Nextracker annual research and development expenses for 2025 were $0.079B, a 87.42% increase from 2024.
- Nextracker annual research and development expenses for 2024 were $0.042B, a 95.94% increase from 2023.
- Nextracker annual research and development expenses for 2023 were $0.022B, a 52.5% increase from 2022.
| Nextracker Annual Research and Development Expenses (Millions of US $) |
|
|---|---|
| 2025 | $79 |
| 2024 | $42 |
| 2023 | $22 |
| 2022 | $14 |
| 2021 | $13 |
| 2020 | $9 |
| Nextracker Quarterly Research and Development Expenses (Millions of US $) |
|
|---|---|
| 2025-03-31 | $24 |
| 2024-12-31 | $20 |
| 2024-09-30 | $19 |
| 2024-06-30 | $17 |
| 2024-03-31 | $17 |
| 2023-12-31 | $13 |
| 2023-09-30 | $7 |
| 2023-06-30 | $6 |
| 2023-03-31 | $8 |
| 2022-12-31 | $5 |
| 2022-09-30 | $4 |
| 2022-06-30 | $4 |
| 2022-03-31 | |
| 2021-12-31 | $4 |
| 2021-03-31 | |
| 2020-03-31 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Oils/Energy | Solar Equipment and Services | $9.207B | $2.959B |
| Nextracker Inc. is a provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar power plants. Nextracker Inc. is based in SAN JOSE, Calif. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| First Solar (FSLR) | United States | $19.279B | 15.29 |
| Enphase Energy (ENPH) | United States | $4.770B | 23.09 |
| Sunrun (RUN) | United States | $2.431B | 5.94 |
| SolarEdge Technologies (SEDG) | Israel | $1.716B | 0.00 |
| JinkoSolar Holding (JKS) | China | $1.252B | 0.00 |
| Array Technologies (ARRY) | United States | $1.060B | 11.21 |
| Shoals Technologies (SHLS) | United States | $0.971B | 24.21 |
| Canadian Solar (CSIQ) | Canada | $0.889B | 0.00 |
| T1 Energy Inc (TE) | United States | $0.245B | 0.00 |
| TOYO (TOYO) | Japan | $0.165B | 0.00 |
| CSLM Acquisition (SPWR) | United States | $0.147B | 0.00 |
| Emeren Group (SOL) | United States | $0.099B | 0.00 |
| Skycorp Solar Group (PN) | $0.085B | 0.00 | |
| FTC Solar (FTCI) | United States | $0.082B | 0.00 |
| Tigo Energy (TYGO) | United States | $0.081B | 0.00 |
| Vivopower Plc (VVPR) | United Kingdom | $0.059B | 0.00 |
| SolarBank (SUUN) | Canada | $0.054B | 0.00 |
| Solarmax Technology (SMXT) | United States | $0.052B | 0.00 |
| Founder Group (FGL) | $0.019B | 0.00 | |
| Ascent Solar Technologies (ASTI) | United States | $0.004B | 0.00 |
| Maxeon Solar Technologies (MAXN) | Singapore | $0.002B | 0.00 |
| ForceField Energy (FNRG) | United States | $0.000B | 0.00 |