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NextTrip (NTRP) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Oct 15, 2025

NextTrip (NTRP) reported revenue of $758K for the second quarter fiscal 2026 (Q2 FY26), +390% from a year earlier and +446% from the quarter before. Operating margin was -422.7%, net loss $2.9M (382.5% of revenue).

Revenue$758K
Year over year+390%
Quarter over quarter+446%
Operating margin-422.7%
Net earnings−$2.9M

NextTrip, Q2 FY26: revenue $758K (+390% year over year), operating margin -422.7%, net loss $2.9M, operating cash flow $572K. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$758K+446%+390%
Operating profit−$3.2M——
Net earnings−$2.9M——
Operating cash flow$572K——

What changed

Revenue was $758K in Q2 FY26, up 390% year over year and up 446% from the previous quarter.

Gross margin was 21.9%. Operating costs exceeded revenue by $3.2M, an operating margin of -422.7%. The fastest-growing cost line was Sales & marketing (+240%). The quarter ended with a net loss of $2.9M, narrower than the previous quarter's $4.5M loss.

Operating cash flow was $572K. Non-cash charges added back $217K of depreciation and amortization. Working capital and other items added $3.3M.

Questions

What was NextTrip's revenue in the second quarter fiscal 2026?

NextTrip (NTRP) reported revenue of $758K for the second quarter fiscal 2026 (Q2 FY26), +390% from a year earlier and +446% from the quarter before.

Was NextTrip profitable in the second quarter fiscal 2026?

Operating loss was $3.2M (-422.7% of revenue) and net loss $2.9M.

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Source: NextTrip 10-Q on SEC EDGAR.