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NextTrip (NTRP) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Jan 14, 2026

NextTrip (NTRP) reported revenue of $1.2M for the third quarter fiscal 2026 (Q3 FY26), up 16-fold from a year earlier and +58% from the quarter before. Operating margin was -257.0%, net loss $3.3M (272.9% of revenue).

Revenue$1.2M
Year over year16×
Quarter over quarter+58%
Operating margin-257.0%
Net earnings−$3.3M

NextTrip, Q3 FY26: revenue $1.2M (16× year over year), operating margin -257.0%, net loss $3.3M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$1.2M+58%16×
Operating profit−$3.1M——
Net earnings−$3.3M——
Operating cash flow−$2.0M-446%—

What changed

Revenue was $1.2M in Q3 FY26, up 1508% year over year and up 58% from the previous quarter. Travel was the largest line at 98% of revenue. Travel added $1.1M year over year (up 1480%), 98% of the total change.

Gross margin was 18.1%. Operating costs exceeded revenue by $3.1M, an operating margin of -257.0%. The fastest-growing cost line was General & admin (+97%). The quarter ended with a net loss of $3.3M, wider than the previous quarter's $2.9M loss.

Operating cash flow was −$2.0M. Non-cash charges added back $273K of depreciation and amortization. Working capital and other items added $1.0M.

Questions

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

NextTrip (NTRP) reported revenue of $1.2M for the third quarter fiscal 2026 (Q3 FY26), up 16-fold from a year earlier and +58% from the quarter before.

Was NextTrip profitable in the third quarter fiscal 2026?

Operating loss was $3.1M (-257.0% of revenue) and net loss $3.3M.

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Source: NextTrip 10-Q on SEC EDGAR.