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Next Technology Holding (NXTT) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 29, 2026

Next Technology Holding (NXTT) reported revenue of $465K for the first quarter 2026 (Q1 2026) and -95% from the quarter before.

Revenue$465K
Year over year—
Quarter over quarter-95%
Operating margin—
Net earnings−$106M

Next Technology Holding, Q1 2026: revenue $465K, net loss $106M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$465K-95%—
Operating profit−$6.6M——
Net earnings−$106M——
Operating cash flow−$1.4M——

What changed

Revenue was $465K in Q1 2026, down 95% from the previous quarter.

Gross margin was 16.7%. Operating costs exceeded revenue by $6.6M, an operating margin of -1426.2%. The quarter ended with a net loss of $105.9M, narrower than the previous quarter's $152.0M loss. Net interest and other expense of $126.5M was the main reason.

Operating cash flow was −$1.4M. Non-cash charges added back $4.2M of share-based compensation. Working capital and other items added $100.3M.

Questions

What was Next Technology Holding's revenue in the first quarter 2026?

Next Technology Holding (NXTT) reported revenue of $465K for the first quarter 2026 (Q1 2026) and -95% from the quarter before.

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Source: Next Technology Holding 10-Q on SEC EDGAR.