v3.25.2
Unaudited condensed consolidated statements of stockholders’ equity - USD ($)
$ in Thousands
Total
Common Stock
Common Class A
Common Stock
Common Class B
Additional paid-in-capital
Accumulated deficit
Accumulated other comprehensive income (loss)
Total Nextracker Inc. stockholders’ equity
Non-controlling interests
Beginning balance (in shares) at Mar. 31, 2024   140,773,223 3,856,175          
Beginning balance at Jun. 28, 2024 $ 1,136,631 $ 14 $ 0 $ 4,066,773 $ (2,944,878) $ (522) $ 1,121,387 $ 15,244
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 124,794       121,700   121,700 3,094
Stock-based compensation expense 21,901     21,901     21,901  
Vesting of Nextracker Inc. RSU and PSU awards (in shares)   670,734            
Shares exchanged by non-controlling interest holders (in shares)   1,947,348 (1,947,348)          
Shares exchanged by non-controlling interest holders 0     13,551     13,551 (13,551)
TRA revaluation 3,761     3,761     3,761  
Tax distribution (5,314)             (5,314)
Total other comprehensive loss (539)         (539) (539)  
End balance (in shares) at Jun. 28, 2024   143,391,305 1,908,827          
Ending balance at Mar. 31, 2024 992,028 $ 14 $ 0 4,027,560 (3,066,578) 17 961,013 $ 31,015
Beginning balance (in shares) at Mar. 31, 2025   145,648,231            
Beginning balance at Jun. 27, 2025 1,807,144 $ 15   4,208,133 (2,400,227) (777) 1,807,144  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 157,183       157,183   157,183  
Stock-based compensation expense 22,310     22,310     22,310  
Vesting of Nextracker Inc. RSU and PSU awards (in shares)   2,315,743            
TRA revaluation 0              
Total other comprehensive loss (479)         (479) (479)  
End balance (in shares) at Jun. 27, 2025   147,963,974            
Ending balance at Mar. 31, 2025 $ 1,628,130 $ 15   $ 4,185,823 $ (2,557,410) $ (298) $ 1,628,130