Quarterly UpdatesJun 16, 2026, 08:21 AM
NextBoat Autograph Yachts Division Exceeds $132M Transaction Volume
AI Summary
NextBoat Inc.'s Autograph Yachts Division reported strong second-quarter growth, exceeding its first-year transaction volume target by over 30%. Since its launch in September 2025, the division has facilitated approximately $132 million in brokerage and trade transactions. During Q2, transaction activity increased by 41% to 31 yacht transactions, with gross sales volume rising by $43 million and total transaction volume nearly doubling Q1 figures. The company is also expanding its brokerage listing inventory, geographic presence with a new Miami office, and broker team.
Key Highlights
- Autograph Yachts Division surpassed $132 million in total transaction volume since launch in September 2025.
- Exceeded its first-year target of $100 million in transaction volume by over 30% within ten months.
- Q2 facilitated 31 yacht transactions, a 41% increase from 22 in Q1.
- Gross sales volume increased by approximately $43 million during Q2.
- Autograph trade activity reached $23.3 million in Q2, nearly doubling Q1's total transaction volume of $35 million.
- Brokerage listing inventory expanded from approximately $100 million to $190 million.
- Added five new brokers in Q2 and plans to add five to six more top-producing brokers.
- Establishing an additional office in Coconut Grove, Miami, to strengthen Southeast Florida coverage.
Price Impact
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