Filing Flows › NextPlat (NXPL) › How it makes money
How NextPlat (NXPL) makes money
NextPlat (NXPL) made $11.9M of revenue in the second quarter 2026 (Q2 2026), +30% from a year earlier. Pharmacy Prescription and Other Revenue, Net of PBM Fees brought in $5.6M (47%); E-Commerce Revenue brought in $4.1M (34%); Pharmacy Contract Revenue brought in $2.2M (19%).
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Pharmacy Prescription and Other Revenue, Net of PBM Fees | $5.6M | 46.8% | +16% | -32% |
| E-Commerce Revenue | $4.1M | 34.3% | +27% | — |
| Pharmacy Contract Revenue | $2.2M | 18.8% | +20% | +136% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $11.9M | 100.0% |
| Income tax | $48K | 0.4% |
| Operating cash flow | $1.1M | 9.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $11.9M | -10% |
| Q1 2026 | $9.9M | -29% |
| Q4 2025 | $12.8M | -21% |
| Q3 2025 | $13.8M | -10% |
| Q2 2025 | $13.2M | -22% |
| Q1 2025 | $13.9M | -20% |
| Q4 2024 | $16.2M | -2% |
From NextPlat's 10-Q filed Aug 14, 2026 (on EDGAR).
Questions
How does NextPlat make money?
NextPlat (NXPL) made $11.9M of revenue in the second quarter 2026 (Q2 2026), +30% from a year earlier. Pharmacy Prescription and Other Revenue, Net of PBM Fees brought in $5.6M (47%); E-Commerce Revenue brought in $4.1M (34%); Pharmacy Contract Revenue brought in $2.2M (19%).
What is NextPlat's biggest business?
Pharmacy Prescription and Other Revenue, Net of PBM Fees: $5.6M in the second quarter 2026, 47% of revenue, -32% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.