earnings
confidence high
sentiment neutral
materiality 0.60
NextNRG Q1 revenue up 29% to $21.1M, gross profit triples, but net loss widens to $10.8M
NEXTNRG, INC.
- Revenue $21.1M, up 29% YoY; gross profit $1.71M, more than tripled from $518K.
- Net loss $10.77M, wider than $8.94M in Q1 2025; operating loss $10.09M vs $5.75M.
- Interest expense down 80% to $680K from $3.32M.
- Adjusted EBITDA improved to -$1.16M from -$3.40M.
- CEO cites disciplined execution, scaling fueling ops, and advancing microgrid pipeline.
item 2.02item 9.01