v3.25.3
Earnings per share (Tables)
 6 Months Ended
Sep. 26, 2025
Earnings Per Share [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The computation of earnings per share and weighted average shares outstanding of the Company’s common stock for the period is presented below:
Three-month periods ended
September 26, 2025September 27, 2024
IncomeWeighted average shares outstandingPer shareIncomeWeighted average shares outstandingPer share
NumeratorDenominatorAmountNumeratorDenominatorAmount
(In thousands, except share and per share amounts)
Basic EPS
Net income attributable to Nextracker Inc. common stockholders$146,861 148,027,872 $0.99 $115,391 143,478,959 $0.80 
Effect of Dilutive Impact
Common stock equivalents from options awards (1)1,816,836 1,159,734 
Common stock equivalents from RSUs (2)1,227,359 1,294,584 
Common stock equivalents from PSUs (3)946,038 1,237,094 
Income attributable to non-controlling interests and common stock equivalent from Class B common stock$— — $1,873 1,908,827 
Diluted EPS
Net income$146,861 152,018,105 $0.97 $117,264 149,079,198 $0.79 
(1)During the three-month periods ended September 26, 2025 and September 27, 2024, approximately 0.4 million and 0.8 million options awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.
(2)During the three-month periods ended September 26, 2025 and September 27, 2024, approximately 0.7 million and 0.8 million RSU awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.
(3)During the three-month periods ended September 26, 2025 and September 27, 2024, approximately 0.4 million and 0.7 million PSU awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.
Six-month periods ended
September 26, 2025September 27, 2024
IncomeWeighted average shares outstandingPer shareIncomeWeighted average shares outstandingPer share
NumeratorDenominatorAmountNumeratorDenominatorAmount
(In thousands, except share and per share amounts)
Basic EPS
Net income attributable to Nextracker Inc. common stockholders$304,044 147,480,066 $2.06 $237,091 142,785,176 $1.66 
Effect of Dilutive Impact
Common stock equivalents from Options awards (1)1,627,871 1,273,829 
Common stock equivalents from RSUs (2)1,177,294 1,378,883 
Common stock equivalents from PSUs (3)824,800 1,235,060 
Income attributable to non-controlling interests and common stock equivalent from Class B common stock$— — $4,967 2,477,715 
Diluted EPS
Net income$304,044 151,110,031 $2.01 $242,058 149,150,663 $1.62 
(1)During the six-month periods ended September 26, 2025 and September 27, 2024, approximately 0.4 million and 0.8 million options awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.
(2)During the six-month periods ended September 26, 2025 and September 27, 2024, approximately 0.7 million and 0.5 million RSU awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.
(3)During the six-month periods ended September 26, 2025 and September 27, 2024, approximately 0.4 million and 0.7 million PSU awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents