Filing Flows › NextTrip (NTRP) › Q1 FY26
NextTrip (NTRP) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jul 15, 2025
NextTrip (NTRP) reported revenue of $139K for the first quarter fiscal 2026 (Q1 FY26), -26% from a year earlier and +66% from the quarter before.
NextTrip, Q1 FY26: revenue $139K (-26% year over year), net loss $4.5M, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $139K | +66% | -26% |
| Operating profit | −$4.6M | — | — |
| Net earnings | −$4.5M | — | — |
| Operating cash flow | −$1.0M | — | — |
What changed
Revenue was $139K in Q1 FY26, down 26% year over year and up 66% from the previous quarter.
Gross margin was 28.0%, up 20.0 points from a year earlier. Operating costs exceeded revenue by $4.6M, an operating margin of -3342.1%. Operating expenses grew 138% against a revenue fall of 26%. The fastest-growing cost line was Other operating costs (+156%). The quarter ended with a net loss of $4.5M, narrower than the previous quarter's $4.6M loss. Minority interests bore $11K of it: to shareholders the quarter was a loss of $4.5M.
Operating cash flow was −$1.0M. Non-cash charges added back $207K of depreciation and amortization and $138K of share-based compensation. Working capital and other items added $3.1M.
Questions
What was NextTrip's revenue in the first quarter fiscal 2026?
NextTrip (NTRP) reported revenue of $139K for the first quarter fiscal 2026 (Q1 FY26), -26% from a year earlier and +66% from the quarter before.
Source: NextTrip 10-Q on SEC EDGAR.