Nextracker Research and Development Expenses 2021-2024 | NXT

Nextracker annual/quarterly research and development expenses history and growth rate from 2021 to 2024. 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, 2024 were $0.017B, a 100.19% increase year-over-year.
  • Nextracker research and development expenses for the twelve months ending March 31, 2024 were $0.042B, a 95.94% increase year-over-year.
  • 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 for 2022 were $0.014B, a 8.98% increase from 2021.
Nextracker Annual Research and Development Expenses
(Millions of US $)
2024 $42
2023 $22
2022 $14
2021 $13
2020 $9
Nextracker Quarterly Research and Development Expenses
(Millions of US $)
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 $7.533B $2.500B
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 $29.090B 27.73
Enphase Energy (ENPH) United States $17.402B 57.35
Sunrun (RUN) United States $3.205B 0.00
SolarEdge Technologies (SEDG) Israel $2.807B 0.00
Array Technologies (ARRY) United States $2.152B 17.08
JinkoSolar Holding (JKS) China $1.581B 3.94
Shoals Technologies (SHLS) United States $1.341B 17.89
Canadian Solar (CSIQ) Canada $1.299B 6.82
Sunnova Energy (NOVA) United States $0.647B 0.00
SunPower (SPWR) United States $0.586B 0.00
Solarmax Technology (SMXT) United States $0.276B 0.00
SolarBank (SUUN) $0.166B 0.00
Maxeon Solar Technologies (MAXN) Singapore $0.103B 0.00
Emeren Group (SOL) United States $0.103B 0.00
Tigo Energy (TYGO) United States $0.092B 0.00
Complete Solaria (CSLR) United States $0.086B 0.00
FTC Solar (FTCI) United States $0.065B 0.00
SPI Energy (SPI) United States $0.018B 0.00
Vivopower Plc (VVPR) United Kingdom $0.008B 0.00
Ascent Solar Technologies (ASTI) United States $0.004B 0.00
ForceField Energy (FNRG) United States $0.000B 0.00