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 September 30, 2024 were $0.019B, a 168.58% increase year-over-year.
  • Nextracker research and development expenses for the twelve months ending September 30, 2024 were $0.065B, a 150.23% 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 $)
2024-09-30 $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 $5.298B $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 $20.058B 16.14
Enphase Energy (ENPH) United States $8.290B 82.92
Sunrun (RUN) United States $2.178B 0.00
JinkoSolar Holding (JKS) China $1.107B 7.28
Array Technologies (ARRY) United States $0.927B 10.34
Canadian Solar (CSIQ) Canada $0.732B 21.69
Shoals Technologies (SHLS) United States $0.692B 12.97
SolarEdge Technologies (SEDG) Israel $0.606B 0.00
Sunnova Energy (NOVA) United States $0.430B 0.00
Complete Solaria (CSLR) United States $0.124B 0.00
Emeren Group (SOL) United States $0.095B 0.00
SolarBank (SUUN) $0.083B 0.00
Tigo Energy (TYGO) United States $0.061B 0.00
FTC Solar (FTCI) United States $0.051B 0.00
Solarmax Technology (SMXT) United States $0.048B 0.00
Founder Group (FGL) $0.033B 0.00
TOYO (TOYO) $0.017B 0.00
SPI Energy (SPI) United States $0.010B 0.00
Maxeon Solar Technologies (MAXN) Singapore $0.004B 0.00
Vivopower Plc (VVPR) United Kingdom $0.004B 0.00
Ascent Solar Technologies (ASTI) United States $0.003B 0.00
ForceField Energy (FNRG) United States $0.000B 0.00