Filing Flows › NextBoat (NXB) › Q1 2026 › vs Q4 2025
NextBoat (NXB) Q1 2026 vs Q4 2025 (quarter over quarter)
NextBoat's revenue fell $7.4M (-20%) from $37.3M in Q4 2025 to $29.8M in Q1 2026.
NextBoat, Q1 2026: revenue $29.8M (+10% year over year), operating margin -9.6%, net loss $3.5M, operating cash flow −$20.9M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $29.8M | $37.3M | −$7.4M | -20% |
| Net loss | $3.5M | $2.6M | $819K | +31% |
| Costs & expenses | $33.3M | $39.9M | −$6.6M | -17% |
| Operating costs | $32.7M | $39.1M | −$6.3M | -16% |
| Interest & other, net | $436K | $868K | −$432K | -50% |
| Income tax | $163K | $0 | $163K | — |
| Cost of revenue | $26.7M | $34.2M | −$7.5M | -22% |
| SG&A | $1.3M | $987K | $307K | +31% |
| Other operating costs | $4.7M | $3.9M | $855K | +22% |
| Operating cash sources | $22.8M | $134K | $22.7M | 170× |
| Depreciation & amortization | $159K | $100K | $58K | +58% |
| Share-based compensation | $1.8M | $0 | $1.8M | — |
| Cash used in operations | $20.9M | $33K | $20.8M | 629× |
| Net loss absorbed | $3.5M | $2.6M | $819K | +31% |
| Working capital & other | $19.3M | −$2.5M | $21.8M | — |
Questions
How much did NextBoat's revenue grow quarter over quarter in Q1 2026?
NextBoat's revenue fell $7.4M (-20%) from $37.3M in Q4 2025 to $29.8M in Q1 2026.