Despite achieving a 29.4% revenue growth rate in 2026Q1, the company continues to report significant losses with a net margin of -51.1%, indicating a fundamental disconnect between scale and profitability.
| Revenue | 86.62M | 81.84M | 27.77M | 23.22M | 15.04M | 7.23M | 3.59M | 1.22M |
| Revenue Growth % | 48.26% | 194.69% | 19.61% | 54.32% | 107.97% | 101.71% | 193.65% | - |
| Cost of Revenue | 79.68M | 74.93M | 25.47M | 21.85M | 16.99M | 7.03M | 3.54M | 1.53M |
| Gross Profit | 6.95M | 6.91M | 2.3M | 1.37M | -1.94M | 206.68K | 42.17K | -305.35K |
| Gross Margin % | 8.02% | 8.44% | 8.29% | 5.9% | -12.92% | 2.86% | 1.18% | -25% |
| Gross Profit Growth % | - | 199.93% | 67.99% | 170.55% | -1040.15% | 390.1% | 113.81% | - |
| Operating Expenses | 81.48M | 77.1M | 9.58M | 9.9M | 12.65M | 8.98M | 6.97M | 318.35K |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| EBITDA | -71.51M | -67.5M | -5.89M | -7.17M | -12.82M | -7.9M | -6.48M | -458.47K |
| EBITDA Margin % | -82.56% | -82.49% | -21.19% | -30.89% | -85.23% | -109.16% | -180.72% | -37.54% |
| EBITDA Growth % | -504.08% | -1047.01% | 17.93% | 44.07% | -62.38% | -21.83% | -1313.64% | - |
| Depreciation & Amortization | 3.02M | 2.69M | 1.4M | 1.36M | 1.77M | 872.83K | 451.53K | 165.23K |
| D&A / Revenue % | 3.49% | 3.29% | 5.03% | 5.87% | 11.76% | 12.07% | 12.59% | 13.53% |
| Operating Income (EBIT) | -74.53M | -70.19M | -7.28M | -8.53M | -14.59M | -8.77M | -6.93M | -623.7K |
| Operating Margin % | -86.04% | -85.77% | -26.22% | -36.76% | -96.99% | -121.22% | -193.31% | -51.07% |
| Operating Income Growth % | - | -863.9% | 14.66% | 41.52% | -66.4% | -26.49% | -1011.54% | - |
| Interest Expense | 3.68M | 17.27M | 8.25M | 1.72M | 98.83K | 775.88K | 321.34K | 63.29K |
| Interest Coverage | - | -4.06x | -0.96x | -5.09x | -147.64x | -11.09x | -21.57x | -10.09x |
| Interest / Revenue % | 4.25% | 21.1% | 29.7% | 7.41% | 0.66% | 10.73% | 8.96% | 5.18% |
| Non-Operating Income | -3.67M | -1000K | -1000K | -1000K | -1000K | -614.31K | -321.34K | -78.29K |
| Pretax Income | -90M | -88.18M | -16.19M | -10.47M | -17.51M | -9.38M | -7.25M | -701.99K |
| Pretax Margin % | -103.91% | -107.75% | -58.3% | -45.11% | -116.36% | -129.71% | -202.27% | -57.48% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -87.72M | -85.74M | -16.19M | -10.47M | -17.51M | -9.38M | -7.25M | -935.99K |
| Net Margin % | -101.27% | -104.77% | -58.3% | -45.11% | -116.36% | -129.71% | -202.27% | -76.64% |
| Net Income Growth % | -119.18% | -429.61% | -54.59% | 40.18% | -86.56% | -29.35% | -675.01% | - |
| EPS (Diluted) | -0.59 | -0.72 | -4.66 | -6.98 | -13.26 | -9.29 | -14.33 | -2.36 |
| EPS Growth % | 82.58% | 84.55% | 33.24% | 47.36% | -42.73% | 35.17% | -507.2% | - |
| EPS (Basic) | - | -0.72 | -4.66 | -6.98 | -13.26 | -9.29 | -14.33 | -2.36 |
| Diluted Shares Outstanding | 149.3M | 122.11M | 3.59M | 1.5M | 1.32M | 1.01M | 506.32K | 396.32K |
High
As reported in recent financial filings, NextNRG Inc. achieved a 194.69% year-over-year revenue growth rate, yet this rapid top-line expansion appears disconnected from sustainable earnings power, as the company continues to prioritize market share acquisition over the establishment of a stable, margin-accretive regulatory or service-based revenue foundation.
The revenue trajectory suggests a high-volume, low-margin logistics model that lacks the defensive characteristics of a traditional regulated utility. Investors should monitor whether this growth is driven by unsustainable customer acquisition incentives rather than long-term service-level agreements that would provide predictable cash flows.
Based on the company's reported figures, the 8.44% gross margin indicates that fuel procurement costs are not being effectively managed, leaving the firm highly exposed to rack-to-retail price volatility without the benefit of the automatic adjustment mechanisms typically found in traditional utility regulatory frameworks.
The lack of pass-through mechanisms for fuel costs suggests that NXXT bears the full brunt of commodity price fluctuations. This structure creates significant working capital strain, as the company must finance fuel inventory and delivery costs while operating at a persistent negative operating margin.
According to the latest income statement data, the net margin of -104.77% highlights a fundamental disconnect between the company's scale and its ability to generate profit, suggesting that current reported earnings are heavily burdened by recurring operational losses rather than non-recurring or one-time accounting adjustments.
The consistent negative earnings trend warrants investigation into whether the company's current cost structure is structurally incapable of reaching profitability. Investors should be skeptical of the growth narrative until the firm demonstrates an ability to achieve positive unit economics on its core delivery operations.
With cash reserves reported at only $384,140, the financial statements suggest a precarious liquidity position that may necessitate dilutive financing, as the company's current burn rate appears to be outpacing its ability to generate internal cash flow from its existing mobile fueling operations.
The income statement fails to capture the potential binary risk of regulatory changes to Florida fire codes, which could render the current delivery model obsolete. The reliance on external capital to fund ongoing losses suggests that the company's long-term survival remains highly speculative.
Quick answers to the most common questions about buying NXXT stock.
For fiscal year 2025, NextNRG Inc. (NXXT) reported total revenue of $81.8M. This represents a 6600.8% increase compared to $1.2M in 2019.
NextNRG Inc. (NXXT) reported a net loss of $85.7M for the fiscal year ending 2025.
NextNRG Inc. (NXXT) reported an operating income of $-70.2M, resulting in an operating profit margin of -85.8%. This margin reflects the operational efficiency of the business before interest and taxes.
NextNRG Inc. (NXXT) generated $6.9M in gross profit for the year, representing a gross profit margin of 8.4%. This demonstrates the company's core pricing power and production efficiency.