---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-016986"
form_type: "8-K"
ticker: "NXPL"
cik: "0001058307"
company_name: "NextPlat Corp"
filed_at: "2026-05-14T18:02:06+00:00"
generated_at: "2026-05-14T18:06:43.757982+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NextPlat Q1 revenue $9.9M, gross margin record 35%, net loss narrows 42% YoY

## Summary
- Revenue $9.9M (down 29% YoY); consolidated gross margin record 35% vs 21% prior year.
- Net loss $1.1M ($0.42/sh) vs loss $1.9M ($0.75) prior year, a 42% reduction.
- Operating expenses down 9% to $4.5M; zero unsecured debt, $11.0M cash.
- Healthcare contract revenue up 19% sequentially; five new 340B entities contracted.
- e-Commerce secured $820K satellite IoT contract from UK/NATO; pipeline >$1.2M.

## SEC filing metadata
- accession: 0001437749-26-016986
- form_type: 8-K
- ticker: NXPL
- cik: 0001058307
- company_name: NextPlat Corp
- filed_at: 2026-05-14T18:02:06+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058307/000143774926016986/0001437749-26-016986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058307/000143774926016986/nxpl20260325_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-016986
- JSON: https://secwatch.observer/filing/0001437749-26-016986.json
- Plain text: https://secwatch.observer/filing/0001437749-26-016986.txt

## Key facts
- Earnings Releases
  NextPlat Corp reported the quarter ended March 31, 2026 results: revenue $9.9 million, net income approximately $1.1 million, EPS ($0.42) per diluted share.
  - Period: the quarter ended March 31, 2026
  - Revenue: $9.9 million
  - Net income: approximately $1.1 million
  - EPS: ($0.42) per diluted share
  - Result: reported results
  source text: Consolidated revenue for the quarter ended March 31, 2026, was approximately $9.9 million, compared to approximately $13.9 million for the prior year period, an overall decrease of 29% which reflects the expected decline in overall healthcare revenue.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058307/000143774926016986/0001437749-26-016986-index.htm

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