| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 21.06 | 29.4% |
| Total Income | 21.06 | 29.4% |
| Expenditure | 11.81 | 46.4% |
| PBT | — | |
| Net Profit | -10.73 | 22.1% |
| OPM | -47.93% | 12.57pp |
| NPM | -50.97% | 3.04pp |
| EPS | -0.07 | 95.6% |
NextNRG Reports Q1 2026 Revenue Up 29% Y-o-Y to $21.1 Million
16 May 2026 · 16 May, 1:47 am
Summary
NextNRG reported a 29% increase in revenue to $21.1 million for the first quarter of 2026. Gross profit more than tripled compared to the same period last year, with gross margin expanding to 8.1%. Interest expense saw a significant reduction of 80% year-over-year. The company is focused on expanding its integrated platform across utility operating systems, wireless EV charging, and mobile fueling logistics.
Key Highlights
- 1
NextNRG's revenue increased by 29% year-over-year to $21.1 million for the first quarter of 2026.
- 2
Gross profit more than tripled, reaching $1,711,710 in Q1 2026 compared to $517,969 in the same quarter last year.
- 3
The company's gross margin percentage expanded to 8.1% from 3.2% in the prior-year period.
- 4
Interest expense decreased by 80% year-over-year to $680,596, reflecting lower financing-related charges.
- 5
Adjusted EBITDA improved by $2,240,396 year-over-year, reaching $(1,155,146) for the first quarter of 2026.
- 6
The company continues to advance its energy infrastructure segment, including its smart microgrid pipeline.
- 7
NextNRG remains focused on scaling and optimizing its mobile fueling operations.
Management Comments
Michael D. Farkas
“Our first quarter results reflect disciplined execution across both segments of our business. Revenue grew 29% year-over-year, gross profit more than tripled, and we reduced interest expense by 80% compared to the same quarter last year. These results demonstrate the progress we are making in scaling and optimizing our fueling operations while continuing to advance our energy infrastructure pipeline in a fiscally disciplined manner.” “We remain focused on what matters: growing revenue, improving unit economics, progressing our microgrid pipeline, and managing our cost structure with discipline. We believe this approach positions NextNRG to deliver long-term value as both segments of our business continue to develop.”
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