Filing Flows › NextTrip (NTRP) › Q1 FY27
NextTrip (NTRP) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jul 15, 2026
NextTrip (NTRP) reported revenue of $1.5M for the first quarter fiscal 2027 (Q1 FY27), +946% from a year earlier and -10% from the quarter before. Operating margin was -200.7%, net loss $3.1M (215.3% of revenue).
NextTrip, Q1 FY27: revenue $1.5M (+946% year over year), operating margin -200.7%, net loss $3.1M, operating cash flow −$2.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5M | -10% | +946% |
| Operating profit | −$2.9M | — | — |
| Net earnings | −$3.1M | — | — |
| Operating cash flow | −$2.3M | — | — |
What changed
Revenue was $1.5M in Q1 FY27, up 946% year over year and down 10% from the previous quarter. Travel was the largest line at 97% of revenue. Travel added $1.3M year over year (up 916%), 97% of the total change.
Gross margin was 14.3%, down 13.7 points from Q1 FY26. Operating costs exceeded revenue by $2.9M, an operating margin of -200.7%. Operating expenses fell 33% while revenue rose 946%. The fastest-growing cost line was Sales & marketing (+50%). The quarter ended with a net loss of $3.1M, narrower than the previous quarter's $5.3M loss.
Operating cash flow was −$2.3M. Non-cash charges added back $337K of depreciation and amortization. Working capital and other items added $445K.
Questions
What was NextTrip's revenue in the first quarter fiscal 2027?
NextTrip (NTRP) reported revenue of $1.5M for the first quarter fiscal 2027 (Q1 FY27), +946% from a year earlier and -10% from the quarter before.
Was NextTrip profitable in the first quarter fiscal 2027?
Operating loss was $2.9M (-200.7% of revenue) and net loss $3.1M.
Source: NextTrip 10-Q on SEC EDGAR.