Filing Flows › Nextnrg (NXXT) › Q1 2026
Nextnrg (NXXT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Nextnrg (NXXT) reported revenue of $21.1M for the first quarter 2026 (Q1 2026), +29% from a year earlier and -8% from the quarter before. Operating margin was -47.9%, net loss $10.8M (51.1% of revenue).
Nextnrg, Q1 2026: revenue $21.1M (+29% year over year), operating margin -47.9%, net loss $10.8M, operating cash flow −$2.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $21.1M | -8% | +29% |
| Operating profit | −$10.1M | — | — |
| Net earnings | −$10.8M | — | — |
| Operating cash flow | −$2.1M | — | — |
What changed
Revenue was $21.1M in Q1 2026, up 29% year over year and down 8% from the previous quarter. Fuel was the largest line at 96% of revenue. Fuel added $4.4M year over year (up 28%), 92% of the total change.
Operating costs exceeded revenue by $10.1M, an operating margin of -47.9%. Total costs grew 41% against revenue growth of 29%. The fastest-growing cost line was General & admin (+94%). The quarter ended with a net loss of $10.8M, narrower than the previous quarter's $28.1M loss. Minority interests bore $33K of it: to shareholders the quarter was a loss of $10.7M.
Operating cash flow was −$2.1M. Non-cash charges added back $1.1M of depreciation and amortization and $945K of share-based compensation. Working capital and other items added $6.6M.
Questions
What was Nextnrg's revenue in the first quarter 2026?
Nextnrg (NXXT) reported revenue of $21.1M for the first quarter 2026 (Q1 2026), +29% from a year earlier and -8% from the quarter before.
Was Nextnrg profitable in the first quarter 2026?
Operating loss was $10.1M (-47.9% of revenue) and net loss $10.8M.
Source: Nextnrg 10-Q on SEC EDGAR.