NextPlat Corp
NXPL Nasdaq· Telephone Communications (No Radiotelephone)
Last close · Oct 23, 2026
$8.50
KIRA · Stoqly’s AI analyst, in plain words
- NextPlat Corp had $54.3M of revenue in fiscal 2025, down 17.8% on the year before. Over five years, revenue changed +57.0% a year on average.
- Its operating margin was −16.6%, up 18.3 pts: of every 100 in sales, about −17 is left after running the business.
- NextPlat Corp lost $10.5M in fiscal 2025.
- Free cash flow was −$6.2M in fiscal 2025, −11.4% of revenue.
- NextPlat Corp returned $0.1M to shareholders in fiscal 2025. The diluted share count rose 28.7%.
- NextPlat Corp has $12.4M more cash than debt.
Market cap
$23.0M
P/E
—
Revenue
$54.3M
Net income
−$10.5M
Free cash flow
−$6.2M
Operating margin
−16.6%
NextPlat Corp in 30 seconds · fiscal 2025
Are sales growing?
−17.8%
No. Sales fell 17.8% last year.
Does it make a profit?
−19.3%
No. It lost money last year.
Does profit turn into cash?
−11.4%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What NextPlat Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 31, 2026
- Legal name
- NextPlat Corp
- CIK
- 0001058307
NextPlat Corp · NXPL
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $7.7M | $11.7M | $37.8M | $66.1M | $54.3M |
| Revenue growth | 36.0% | 51.3% | 222.4% | 75.0% | −17.8% |
| Gross margin | 24.0% | 21.3% | 30.0% | 25.7% | 20.1% |
| Operating margin | −85.6% | −61.5% | −61.5% | −34.8% | −16.6% |
| Net income | −$8.1M | −$9.2M | −$3.8M | −$14.0M | −$10.5M |
| Net margin | −104.8% | −78.2% | −10.0% | −21.2% | −19.3% |
| Diluted EPS | −$1.98 | −$0.96 | −$0.22 | −$0.65 | −$0.44 |
| Cash | |||||
| Cash from operations | −$4.1M | −$3.6M | −$3.6M | −$5.5M | −$6.1M |
| Capital expenditure | $0.2M | $0.7M | $0.6M | $0.2M | $0.1M |
| Free cash flow | −$4.3M | −$4.3M | −$4.2M | −$5.7M | −$6.2M |
| FCF margin | −55.8% | −36.9% | −11.2% | −8.6% | −11.4% |
| Share buybacks | — | — | — | $0.0M | $0.1M |
| Share count change | 19,149.1% | 135.1% | 82.4% | 17.8% | 28.7% |
| Debt and strength | |||||
| Cash and short-term investments | $17.3M | $18.9M | $26.3M | $20.0M | $13.7M |
| Debt incl. finance leases | $0.0M | — | $1.5M | $1.4M | $1.3M |
| Shareholders' equity | $17.5M | $25.8M | $32.2M | $27.3M | $17.3M |
| Current ratio | 7.0x | 10.3x | 3.1x | 3.9x | 2.6x |
| Interest coverage | −4.5x | −300.1x | −294.0x | −284.3x | −140.6x |
| Returns and quality | |||||
| Return on capital | −1,851.2% | — | −248.0% | −208.2% | −145.4% |
| Return on equity | −89.6% | −42.3% | −13.0% | −47.2% | −46.9% |
| Return on tangible equity | −46.4% | −35.6% | −22.2% | −50.5% | −70.0% |
| Piotroski F-score | 4 | 4 | 4 | 3 | 2 |
| Altman Z'' | 5.7 | 8.6 | 0.9 | −1.2 | −3.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
NextPlat Corp · NXPL
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $8.50 a share, the company is worth $23.0M.
Source: SEC EDGAR XBRL filings (CIK 0001058307). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.