Advancements in nanotechnology have brought conventional solar cell efficiency closer to the Shockley-Queisser limit (33%). However, challenges such as thermalization and rapid cooling dynamics impede the extraction of surplus energy. Carrier temperature (T c ) reflects post-photoexcitation hot carrier states, crucial for understanding cooling dynamics and material selection in hot carrier solar cell (HCSC) development. This study presents hot carrier temperature and its time evolution obtained from timeresolved emission spectra (TRES) of semiconductor nanostructures (CdS/ZnS core/shell and CsPb(Cl/Br) 3 perovskite quantum dots) using femtosecond optical gating (FOG) spectroscopy. We compare three TRES analysis methods: peak-frequency shift (PFS) using lognormal distribution modeling, Maxwell−Boltzmann distribution modeling of the high-energy tail (HET), and full lineshape (FLS) modeling using Gaussian linewidth convoluted with Maxwell− Boltzmann distribution. Our analysis demonstrates that PFS heavily overestimates cooling time and fails to report carrier temperatures. While HET provides valuable insights, it is susceptible to fitting-range bias. Conversely, FLS offers both carrier temperatures and cooling time metrics, making it the preferred method to obtain hot carrier dynamics from TRES, objectively.