Filing Flows › Next Technology Holding (NXTT) › Q4 2025
Next Technology Holding (NXTT) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Next Technology Holding (NXTT) reported revenue of $9.8M for the fourth quarter 2025 (Q4 2025) and +450% from the quarter before. Operating margin was -357.9%.
Next Technology Holding, Q4 2025: revenue $9.8M, operating margin -357.9%, net loss $152M, operating cash flow −$6.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.8M | +450% | — |
| Operating profit | −$35.2M | — | — |
| Net earnings | −$152M | — | — |
| Operating cash flow | −$6.7M | — | — |
What changed
Revenue was $9.8M in Q4 2025, up 450% from the previous quarter.
Gross margin was 9.7%. Operating costs exceeded revenue by $35.2M, an operating margin of -357.9%. The quarter ended with a net loss of $152.0M, wider than the previous quarter's $16.9M loss. Net interest and other expense of $150.7M was the main reason.
Operating cash flow was −$6.7M. Non-cash charges added back $32.4M of share-based compensation. Working capital and other items added $112.8M.
Questions
What was Next Technology Holding's revenue in the fourth quarter 2025?
Next Technology Holding (NXTT) reported revenue of $9.8M for the fourth quarter 2025 (Q4 2025) and +450% from the quarter before.
Was Next Technology Holding profitable in the fourth quarter 2025?
Operating loss was $35.2M (-357.9% of revenue) and net loss $152M.