---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-031810"
form_type: "8-K"
ticker: "NXPL"
cik: "0001058307"
company_name: "NextPlat Corp"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:09:10.849827+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NextPlat reports Q3 2023 revenue $15.3M (up 481%), net income $2.6M vs loss last year

## Summary
- Consolidated revenue $15.3M, up 481% YoY vs $2.6M; healthcare ops contributed $12.4M.
- Gross margin improved to 30% from 26% YoY; healthcare margin 31%, e-commerce margin 27%.
- Net income $2.6M ($0.17 diluted EPS) vs net loss $5.7M ($0.60 loss) in Q3 2022; includes $6.1M non-cash gain.
- Cash $26.3M at quarter end; debt-free balance sheet to fund growth and acquisitions.
- Launched OPKO Health e-commerce agreement for China via Alibaba's Tmall Global, starting Q1 2024.

## SEC filing metadata
- accession: 0001437749-23-031810
- form_type: 8-K
- ticker: NXPL
- cik: 0001058307
- company_name: NextPlat Corp
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058307/000143774923031810/0001437749-23-031810-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058307/000143774923031810/nxpl20230825_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-031810
- JSON: https://secwatch.observer/filing/0001437749-23-031810.json
- Plain text: https://secwatch.observer/filing/0001437749-23-031810.txt

## Key facts
- Earnings Releases
  NextPlat Corp reported the three months ended September 30, 2023 results: revenue approximately $15.3 million, net income approximately $2.6 million, or $0.17 diluted earnings per share, EPS $0.17 diluted earnings per share.
  - Period: the three months ended September 30, 2023
  - Revenue: approximately $15.3 million
  - Net income: approximately $2.6 million, or $0.17 diluted earnings per share
  - EPS: $0.17 diluted earnings per share
  - Result: reported results
  source text: NextPlat Reports Consolidated Third Quarter 2023 Results with Increased Revenues of $15.3 Million, Margins Improve to 30% and $2.7 Million Net Income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058307/000143774923031810/0001437749-23-031810-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.