secwatch.observer — SEC 8-K summary
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Issuer:     NEXTNRG, INC. (NXXT)
CIK:        0001817004
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001493152-26-016917
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextNRG FY2025 revenue $81.8M (+195% YoY); adjusted EBITDA $17.1M (+91%)
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- Revenue reached $81.8M, up 195% from $27.8M in FY2024, driven by Mobile Fuel Delivery platform expansion.
- Gross margin improved to 8.4% from 6.4%; gross profit rose 286% to $6.9M.
- GAAP net loss of $88.2M includes $42.6M non-cash stock-based compensation and $8.5M impairment charge.
- Adjusted EBITDA grew 91% YoY to $17.1M, signaling improving operational cash flow.
- Operating loss of $70.2M reflects heavy investment in fleet integration and new market entry.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817004/000149315226016917/0001493152-26-016917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817004/000149315226016917/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-016917

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer