Filing Flows › Nextnrg (NXXT) › Q1 2025
Nextnrg (NXXT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 21, 2025
Nextnrg (NXXT) reported revenue of $16.3M for the first quarter 2025 (Q1 2025), +147% from a year earlier and +140% from the quarter before. Operating margin was -35.4%, net loss $8.9M (54.9% of revenue).
Nextnrg, Q1 2025: revenue $16.3M (+147% year over year), operating margin -35.4%, net loss $8.9M, operating cash flow −$5.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.3M | +140% | +147% |
| Operating profit | −$5.8M | — | — |
| Net earnings | −$8.9M | — | — |
| Operating cash flow | −$5.8M | — | — |
What changed
Revenue was $16.3M in Q1 2025, up 147% year over year and up 140% from the previous quarter. Fuel was the largest line at 97% of revenue. Fuel added $9.5M year over year (up 148%), 98% of the total change.
Operating costs exceeded revenue by $5.8M, an operating margin of -35.4%. Total costs grew 160% against revenue growth of 147%. The fastest-growing cost line was General & admin (+187%). The quarter ended with a net loss of $8.9M, wider than the previous quarter's $2.6M loss. Minority interests bore $150K of it: to shareholders the quarter was a loss of $8.8M.
Operating cash flow was −$5.8M. Non-cash charges added back $588K of depreciation and amortization and $17K of share-based compensation. Working capital and other items added $2.6M.
Questions
What was Nextnrg's revenue in the first quarter 2025?
Nextnrg (NXXT) reported revenue of $16.3M for the first quarter 2025 (Q1 2025), +147% from a year earlier and +140% from the quarter before.
Was Nextnrg profitable in the first quarter 2025?
Operating loss was $5.8M (-35.4% of revenue) and net loss $8.9M.
Source: Nextnrg 10-Q on SEC EDGAR.