NXPL · Nextplat Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $6.44M | - | $11.02M | $10.36M | $11.06M | - | $11.85M | $11.18M | $12.68M | - |
| Gross Profit | $3.41M | - | $2.73M | $2.88M | $3.46M | - | $3.52M | $5.81M | $4.81M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $2.01M | - | $1.51M | $1.47M | $1.43M | - | $2.29M | $2.22M | $2.00M | - |
| Total Operating Expenses | $4.51M | - | $4.72M | $4.71M | $4.95M | - | $11.52M | $16.70M | $6.65M | - |
| D&A | $65.0K | - | $130.0K | $150.0K | $166.0K | - | $478.0K | $903.0K | $906.0K | - |
| Operating Income | ($1.10M) | - | ($1.99M) | ($1.83M) | ($1.49M) | - | ($8.00M) | ($10.90M) | ($1.84M) | - |
| Interest Expense | - | - | $14.0K | $15.0K | $21.0K | - | $22.0K | $19.0K | $21.0K | - |
| Income Tax | $0 | - | ($26.0K) | $31.0K | $9.0K | - | $45.0K | $20.0K | $27.0K | - |
| Net Income | ($1.12M) | - | ($2.19M) | ($1.79M) | ($1.34M) | - | ($4.22M) | ($5.31M) | ($1.48M) | - |
| EPS - Basic | ($0.42) | - | ($0.80) | ($0.70) | ($0.50) | - | ($2.20) | ($2.80) | ($0.80) | - |
| EPS - Diluted | - | - | - | - | ($0.80) | - | ($2.20) | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.01M | $13.71M | $13.93M | $16.64M | $17.74M | $19.96M | $20.36M | $24.88M | $23.53M | $26.31M |
| Accounts Receivable | $7.23M | $4.01M | $4.02M | $3.15M | $5.53M | $4.89M | $6.58M | $10.37M | $12.93M | $8.92M |
| Inventory | $3.97M | $3.40M | $5.62M | $5.21M | $4.51M | $4.88M | $6.36M | $4.70M | $5.61M | $5.13M |
| Accounts Payable | - | $5.81M | $5.37M | $4.64M | $6.75M | $6.60M | $7.80M | $11.35M | $13.98M | $12.14M |
| Current Assets | $23.26M | $24.16M | $26.21M | $26.86M | $30.48M | $31.48M | $35.79M | $42.04M | $45.34M | $43.64M |
| Total Assets | $26.92M | $27.46M | $30.01M | $31.03M | $35.20M | $36.48M | $41.10M | $51.46M | $65.06M | $64.47M |
| Current Liabilities | $9.09M | $9.13M | $7.36M | $6.21M | $8.42M | $8.21M | $9.67M | $12.75M | $15.95M | $14.24M |
| Long-term Debt | $1.15M | $1.29M | $1.16M | $1.16M | $1.28M | $1.41M | $1.54M | $1.32M | $1.40M | $1.52M |
| Total Liabilities | $10.34M | $10.04M | $8.47M | $7.42M | $9.75M | $9.68M | $11.31M | $14.49M | $17.97M | $16.38M |
| Stockholders' Equity | $16.47M | $17.31M | $21.43M | $23.49M | $25.34M | $26.68M | $22.46M | $26.53M | $31.22M | $32.18M |
| Retained Earnings | ($61.18M) | ($60.06M) | ($54.27M) | ($52.08M) | ($50.29M) | ($48.95M) | ($45.93M) | ($41.72M) | ($36.41M) | ($34.92M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.58M) | - | - | - | ($2.06M) | - | - | - | ($2.69M) | - |
| Investing Cash Flow | $0 | - | - | - | ($22.0K) | - | - | - | ($63.0K) | - |
| Financing Cash Flow | ($141.0K) | - | - | - | ($134.0K) | - | - | - | ($1.0K) | - |
| CapEx | $0 | - | - | - | $22.0K | - | - | - | $64.0K | - |
| Free Cash Flow | ($2.58M) | - | - | - | ($2.08M) | - | - | - | ($2.75M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 2.31 | - | - | - | 1.55 | - | - | - | 1.86 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -4.2% | - | -7.3% | -5.8% | -3.8% | - | -10.3% | -10.3% | -2.3% | - |
| Return on equity | -6.8% | - | -10.2% | -7.6% | -5.3% | - | -18.8% | -20.0% | -4.7% | - |
| Return on invested capital | -4.9% | - | -7.0% | -5.9% | -4.4% | - | -26.3% | -30.9% | -4.5% | - |
| Liquidity | ||||||||||
| Current ratio | 2.56 | 2.65 | 3.56 | 4.33 | 3.62 | 3.83 | 3.70 | 3.30 | 2.84 | 3.07 |
| Quick ratio | 2.12 | 2.27 | 2.80 | 3.49 | 3.08 | 3.24 | 3.04 | 2.93 | 2.49 | 2.70 |
| Cash ratio | 1.21 | 1.50 | 1.89 | 2.68 | 2.11 | 2.43 | 2.10 | 1.95 | 1.47 | 1.85 |
| Leverage | ||||||||||
| Debt / Equity | 0.07 | 0.07 | 0.05 | 0.05 | 0.05 | 0.05 | 0.07 | 0.05 | 0.04 | 0.05 |
| Debt / Assets | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | -142.1x | -121.9x | -70.7x | - | -363.6x | -573.5x | -87.7x | - |
| Equity multiplier | 1.63 | 1.59 | 1.40 | 1.32 | 1.39 | 1.37 | 1.83 | 1.94 | 2.08 | 2.00 |
| Liabilities / Assets | 0.38 | 0.37 | 0.28 | 0.24 | 0.28 | 0.27 | 0.28 | 0.28 | 0.28 | 0.25 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | 1.62 | - | 1.96 | 1.99 | 2.45 | - | 1.86 | 2.38 | 2.26 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 225d | - | 186d | 184d | 149d | - | 196d | 153d | 161d | - |
| Days payable outstanding | - | - | 178d | 163d | 223d | - | 240d | 370d | 402d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 0.6x | - | 10.1x | 8.2x | 8.5x | - | 11.9x | 7.7x | 9.2x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -1.5% | - | -22.4% | -50.3% | -28.0% | - | -23.2% | 588.0% | 674.8% | - |
| Operating income growth (YoY) | 25.7% | - | 75.1% | 83.2% | 19.4% | - | -130.0% | -224.7% | -48.7% | - |
| Net income growth (YoY) | 16.8% | - | 48.2% | 66.3% | 9.3% | - | - | -22.4% | -24.7% | - |
| EPS growth (YoY) | - | - | - | - | - | - | -266.7% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -24.1% | - | - | - | 24.3% | - | - | - | -28.7% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -35.0% | -35.1% | -4.6% | -11.5% | -18.9% | -17.1% | -32.3% | -6.6% | 26.8% | 24.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Geographic
$7.74M totalEurope$5.15M · 66.5%
North America$1.78M · 22.9%
Asia Pacific$695.8K · 9.0%
Africa$84.4K · 1.1%
South America$37.1K · 0.5%
Peer comparison
Same SIC group: Telephone Communications (No Radiotelephone)
Comparing NextPlat Corp against the 5 most active filers in the same SIC group.