Filing Flows › NextBoat (NXB) › Q2 2026
NextBoat (NXB) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
NextBoat (NXB) reported revenue of $59.1M for the second quarter 2026 (Q2 2026), +88% from a year earlier and +98% from the quarter before. Operating margin was -1.8%, net loss $2.1M (3.5% of revenue).
NextBoat, Q2 2026: revenue $59.1M (+88% year over year), operating margin -1.8%, net loss $2.1M, operating cash flow $2.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $59.1M | +98% | +88% |
| Operating profit | −$1.0M | — | — |
| Net earnings | −$2.1M | — | — |
| Operating cash flow | $2.8M | — | -46% |
| Free cash flow | $2.7M | — | -48% |
What changed
Revenue was $59.1M in Q2 2026, up 88% year over year and up 98% from the previous quarter.
Gross margin was 16.1%, up 0.9 points from a year earlier. Operating costs exceeded revenue by $1.0M, an operating margin of -1.8%. Operating expenses grew 189% against revenue growth of 88%. The fastest-growing cost line was SG&A (+260%). The quarter ended with a net loss of $2.1M, narrower than the previous quarter's $3.5M loss. Minority interests bore $201K of it: to shareholders the quarter was a loss of $1.9M. Net interest and other expense of $1.2M was the main reason.
Operating cash flow was $2.8M (down 46% year over year). Non-cash charges added back $163K of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $3.0M. Capital expenditures of $81K left free cash flow of $2.7M.
Questions
What was NextBoat's revenue in the second quarter 2026?
NextBoat (NXB) reported revenue of $59.1M for the second quarter 2026 (Q2 2026), +88% from a year earlier and +98% from the quarter before.
Was NextBoat profitable in the second quarter 2026?
Operating loss was $1.0M (-1.8% of revenue) and net loss $2.1M.
Source: NextBoat 10-Q on SEC EDGAR.