Quarterly ResultApr 15, 2026, 06:01 PM
NextNRG Revenue Surges 195% to $81.8M in FY2025
AI Summary
NextNRG reported strong financial results for the full year 2025, with revenue increasing 195% to $81.8 million, driven by fleet integration and market expansion. Gross profit surged 286% to $6.9 million, and gross margin improved to 8.4%. The company also achieved a 91% increase in Adjusted EBITDA to $17.1 million, despite reporting GAAP operating and net losses, which included significant non-cash stock-based compensation.
Key Highlights
- FY2025 Revenue: $81.8 million, up 195% from $27.8 million in FY2024.
- FY2025 Gross Profit: $6.9 million, up 286% from $1.8 million in FY2024.
- FY2025 Gross Margin: Improved to 8.4% from 6.4% in FY2024.
- FY2025 Adjusted EBITDA: $17.1 million, up 91% from $8.9 million in FY2024.
- FY2025 Net Loss (GAAP): $(88.2) million, including $42.6 million stock-based compensation.