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NextPlat Reports 21% Sequential Quarterly Revenue Growth, 87% Reduction in Quarterly Net Loss to $144,000 and Record Gross Margin of Approximately 40%

$NXPLPress releaseAug 13, 2026, 8:01 AM ETRead the release

NextPlat reported Q2 2026 revenue of $11.9 million, up 21% sequentially, driven by a 136% year-over-year increase in contracted pharmacy revenue to $2.2 million. The company achieved a record gross margin of 40% and reduced its net loss by 92% to $144,000, ending the quarter with $11.9 million in cash and no material unsecured debt.

Key figures

Revenue
11881000
Guidance
anticipates generating positive earnings moving forward
Cash
11940000
Net loss
144000
Gross margin
40%
Working capital
14200000
Ecommerce revenue
4100000
Contracted pharmacy revenue
2200000

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.