NASDAQ:NXPL
NextPlat Corp
NextPlat Corp's revenue fell 17.8% in fiscal 2025 to $54.3M while operating margin rose to −16.6%, its highest in 10 years. Free cash flow was −$6.2M, −11.4% of revenue, and the diluted share count rose 28.7%.Summary generated from NextPlat Corp's SEC filings. Latest annual report filed Mar 31, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$54.3M
Revenue growth−17.8%
Revenue, 5-yr CAGR+57.0%
Gross margin20.1%
Operating margin−16.6%
Net margin−19.3%
ROIC−104.4%
Return on equity−46.9%
Debt / equity0.07
Free cash flow−$6.2M
FCF margin−11.4%
Share count change+28.7%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 8 | 12 | 38 | 66 | 54 |
| Operating income | −7 | −7 | −23 | −23 | −9 |
| Net income | −8 | −9 | −4 | −14 | −10 |
| Free cash flow | −4 | −4 | −4 | −6 | −6 |
Recent filings
- 8-KOther events
Oct 6, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 14, 2026 - 8-KResults of operations and financial condition
Aug 13, 2026 - 8-KEntry into a material agreement
Jul 16, 2026 - 4Insider transaction report
Jul 2, 2026 - 4Insider transaction report
Jul 2, 2026 - 8-KResults of a shareholder vote
Jun 24, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 15, 2026