Nextracker Inc. Class A Common Stock (NXT)

Net profit margin

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Net income (ttm)	US$ in thousands	509,168	557,537	483,650	407,512	306,241	126,162	127,352	115,186	118,887	99,597	69,557	58,374	50,913	77,754	97,843	114,441	124,348
Revenue (ttm)	US$ in thousands	2,959,197	2,771,370	2,802,433	2,740,219	2,499,841	2,281,721	2,084,665	1,978,450	1,902,137	1,823,555	1,647,792	1,519,349	1,457,592	1,322,607	1,289,828	1,240,884	1,195,617
Net profit margin		17.21%	20.12%	17.26%	14.87%	12.25%	5.53%	6.11%	5.82%	6.25%	5.46%	4.22%	3.84%	3.49%	5.88%	7.59%	9.22%	10.40%

March 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $509,168K ÷ $2,959,197K
= 17.21%

Nextracker Inc. Class A Common Stock has shown fluctuations in its net profit margin over the past few years. From March 31, 2021 to March 31, 2024, the net profit margin ranged between 3.49% to 14.87%. This indicates some variability in the company's ability to convert revenue into profit during this period.

However, starting from March 31, 2024, there is a notable improvement in the net profit margin, with figures steadily increasing to 20.12% by December 31, 2024. This suggests that the company's profitability has been on an upward trend, reaching a peak at the end of 2024.

Despite a slight dip in the net profit margin to 17.21% by March 31, 2025, the overall trend indicates a positive trajectory in terms of the company's ability to generate profits relative to its revenue during the analyzed period.