v3.25.3
Unaudited condensed consolidated statements of stockholders’ equity - USD ($)
$ in Thousands
Total
Common Class A
Common Stock
Common Class A
Common Stock
Common Class B
Additional paid-in-capital
Accumulated deficit
Accumulated other comprehensive income (loss)
Parent [Member]
Non-controlling interests
Beginning balance (in shares) at Mar. 31, 2024     140,773,223 3,856,175          
Beginning balance at Sep. 27, 2024 $ 1,282,318   $ 14 $ 0 $ 4,096,658 $ (2,829,487) $ (1,186) $ 1,265,999 $ 16,319
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 242,058         237,091   237,091 4,967
Stock-based compensation expense 51,786       51,786     51,786  
Vesting of Nextracker Inc. RSU and PSU awards (in shares)     899,915            
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 (6,112)               (6,112)
Total other comprehensive income (loss) (1,203)           (1,203) (1,203)  
End balance (in shares) at Sep. 27, 2024     143,620,486 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 Jun. 28, 2024     143,391,305 1,908,827          
Beginning balance at Sep. 27, 2024 1,282,318   $ 14 $ 0 4,096,658 (2,829,487) (1,186) 1,265,999 16,319
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 117,264         115,391   115,391 1,873
Stock-based compensation expense 29,885       29,885     29,885  
Vesting of Nextracker Inc. RSU and PSU awards (in shares)     229,181            
Tax distribution (798)               (798)
Total other comprehensive income (loss) (664)           (664) (664)  
End balance (in shares) at Sep. 27, 2024     143,620,486 1,908,827          
Ending balance at Jun. 28, 2024 1,136,631   $ 14 $ 0 4,066,773 (2,944,878) (522) 1,121,387 $ 15,244
Beginning balance (in shares) at Mar. 31, 2025     145,648,231            
Beginning balance at Sep. 26, 2025 1,985,698   $ 15   4,239,786 (2,253,366) (737) 1,985,698  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 304,044         304,044   304,044  
Stock-based compensation expense 53,963       53,963     53,963  
Vesting of Nextracker Inc. RSU and PSU awards (in shares)     2,733,562            
TRA revaluation 0                
Exercise of Nextracker Inc. options awards (in shares)     712            
Total other comprehensive income (loss) (439)           (439) (439)  
End balance (in shares) at Sep. 26, 2025     148,382,505            
Ending balance at Mar. 31, 2025 1,628,130   $ 15   4,185,823 (2,557,410) (298) 1,628,130  
Beginning balance (in shares) at Jun. 27, 2025     147,963,974            
Beginning balance at Sep. 26, 2025 1,985,698   $ 15   4,239,786 (2,253,366) (737) 1,985,698  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 146,861         146,861   146,861  
Stock-based compensation expense 31,653       31,653     31,653  
Vesting of Nextracker Inc. RSU and PSU awards (in shares)     417,819            
Exercise of Nextracker Inc. options awards (in shares)   712              
Total other comprehensive income (loss) 40           40 40  
End balance (in shares) at Sep. 26, 2025     148,382,505            
Ending balance at Jun. 27, 2025 $ 1,807,144   $ 15   $ 4,208,133 $ (2,400,227) $ (777) $ 1,807,144