NextPlat reports FY2025 revenue $54.3M, net loss $0.44/share; cost cuts of $2M+

NextPlat Corp

Revenue $54.3M, down 18% YoY; healthcare revenue fell to $39.7M, e-commerce rose to $14.6M.
Net loss attributable to common stockholders $11.7M ($0.44 per diluted share) vs $13.4M ($0.65) prior year.
Operating expenses cut 50% to $19.9M; headcount reduced >25%, $2M+ annualized cost savings.
Cash $13.7M, no meaningful debt, working capital $15M; gross margin fell to 20% from 26%.
New leadership: Rodney Barreto Chairman, David Phipps CEO, Amanda Ferrio CFO, Birute Norkute VP Healthcare.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NextPlat Corp reported year ended December 31, 2025 results: revenue approximately $54.3 million, net income Net loss attributable to common stockholders for the year ended December 31, 2025, was approximately $11.7 million, or (, EPS ($0.44) per diluted share.

Period: year ended December 31, 2025
Revenue: approximately $54.3 million
Net income: Net loss attributable to common stockholders for the year ended December 31, 2025, was approximately $11.7 million, or (
EPS: ($0.44) per diluted share
Result: reported results

Exact text from the filing

our shareholders for quite some time.” Fourth Quarter and Full Year 2025 Financial Highlights ● Consolidated revenue for the full year ended December 31, 2025, was approximately $54.3 million, compared to approximately $66.1 million for the prior year, an overall decrease of 18%. ○ Full year 2025 Healthcare Operations revenue decreased approximately $12.6 million to

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Source: SEC EDGAR

accession 0001437749-26-010674

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