Nextracker Inc. Quarterly Operating Margin in % from Q1 2023 to Q2 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Nextracker Inc. quarterly/annual Operating Margin history and growth rate from Q1 2023 to Q2 2024.
  • Nextracker Inc. Operating Margin for the quarter ending June 28, 2024 was 24.6 %, a 129% increase year-over-year.
  • Nextracker Inc. annual Operating Margin for 2023 was 23.5 %, a 165% increase from 2022.
  • Nextracker Inc. annual Operating Margin for 2022 was 8.86 %, a 96% increase from 2021.
  • Nextracker Inc. annual Operating Margin for 2021 was 4.52 %, a 65.9% decline from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 24.6 +13.8 +129% Apr 1, 2024 Jun 28, 2024
Q1 2024 23.5 +14.6 +165% Jan 1, 2024 Mar 31, 2024
Q4 2023 15.7 Sep 30, 2023 Dec 31, 2023
Q3 2023 12.8 Jul 1, 2023 Sep 29, 2023
Q2 2023 10.8 Apr 1, 2023 Jun 30, 2023
Q1 2023 8.86 Jan 1, 2023 Mar 31, 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.