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Nextnrg (NXXT) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 14, 2025

Nextnrg (NXXT) reported revenue of $19.7M for the second quarter 2025 (Q2 2025), +166% from a year earlier and +21% from the quarter before. Operating margin was -156.2%, net loss $36.1M (183.5% of revenue).

Revenue$19.7M
Year over year+166%
Quarter over quarter+21%
Operating margin-156.2%
Net earnings−$36.1M

Nextnrg, Q2 2025: revenue $19.7M (+166% year over year), operating margin -156.2%, net loss $36.1M, operating cash flow −$564K. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$19.7M+21%+166%
Operating profit−$30.8M——
Net earnings−$36.1M——
Operating cash flow−$564K——

What changed

Revenue was $19.7M in Q2 2025, up 166% year over year and up 21% from the previous quarter.

Operating costs exceeded revenue by $30.8M, an operating margin of -156.2%. Total costs grew 405% against revenue growth of 166%. The fastest-growing cost line was General & admin (+1049%). The quarter ended with a net loss of $36.1M, wider than the previous quarter's $8.9M loss. Minority interests bore $33K of it: to shareholders the quarter was a loss of $36.1M.

Operating cash flow was −$564K. Non-cash charges added back $701K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $33.9M.

Questions

What was Nextnrg's revenue in the second quarter 2025?

Nextnrg (NXXT) reported revenue of $19.7M for the second quarter 2025 (Q2 2025), +166% from a year earlier and +21% from the quarter before.

Was Nextnrg profitable in the second quarter 2025?

Operating loss was $30.8M (-156.2% of revenue) and net loss $36.1M.

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Source: Nextnrg 10-Q on SEC EDGAR.