Filing Flows › NextPlat (NXPL) › Q2 2026
NextPlat (NXPL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
NextPlat (NXPL) reported revenue of $11.9M for the second quarter 2026 (Q2 2026), -10% from a year earlier and +21% from the quarter before. Operating margin was -1.1%, net loss $144K (1.2% of revenue).
NextPlat, Q2 2026: revenue $11.9M (-10% year over year), operating margin -1.1%, net loss $144K, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.9M | +21% | -10% |
| Operating profit | −$127K | — | — |
| Net earnings | −$144K | — | — |
| Operating cash flow | $1.1M | — | — |
What changed
Revenue was $11.9M in Q2 2026, down 10% year over year and up 21% from the previous quarter. Pharmacy Prescription and Other Revenue, Net of PBM Fees was the largest line at 47% of revenue. Pharmacy Prescription and Other Revenue, Net of PBM Fees lost $2.6M year over year (down 32%), 192% of the total change.
Gross margin was 39.5%, up 17.7 points from Q2 2025. Operating costs exceeded revenue by $127K, an operating margin of -1.1%. Operating expenses grew 2% against a revenue fall of 10%. The fastest-growing cost line was SG&A (+24%). The quarter ended with a net loss of $144K, narrower than the previous quarter's $1.1M loss. Non-operating items added $31K, -32% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $1.1M. Non-cash charges added back $80K of depreciation and amortization. Working capital and other items added $1.1M.
Questions
What was NextPlat's revenue in the second quarter 2026?
NextPlat (NXPL) reported revenue of $11.9M for the second quarter 2026 (Q2 2026), -10% from a year earlier and +21% from the quarter before.
Was NextPlat profitable in the second quarter 2026?
Operating loss was $127K (-1.1% of revenue) and net loss $144K.
Source: NextPlat 10-Q on SEC EDGAR.