Quarterly UpdatesJul 16, 2026, 08:06 AM
NextBoat Reports Record Q2 Performance, Nears Profitability
AI Summary
NextBoat Inc. announced record transaction closings and quarterly sales for the second quarter of 2026, expecting to be at or near profitability. The company reported approximately 120% year-over-year growth in transaction volume and 42% year-over-year growth in its organization. Key achievements include a partnership with MarineMax, successful integration and profitability of APEX, and the launch of an automated Broker Hiring Portal. NextBoat will report its full Q2 financial results on August 14, 2026.
Key Highlights
- Expected to be at or near profitability for Q2 2026.
- Achieved record number of transaction closings and quarterly sales in Q2 2026.
- Grew transaction volume approximately 120% year-over-year.
- Grew organization by approximately 42% year-over-year.
- Partnered with MarineMax as its preferred wholesale partner.
- APEX achieved profitability following integration and operational stabilization.
- Q2 financial results expected to be reported on August 14, 2026.
Price Impact
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