NextBoat Inc. Announces Fiscal Second Quarter 2026 Results
NextBoat reported a record second quarter with revenue increasing 88.4% year-over-year to $59.1 million, driven by a 138% surge in transaction volume and the contribution of recent acquisitions Apex Marine and Bellhart. The company sold 255 boats during the quarter, expanding gross profit by 100.1% to $9.5 million, while solidifying a strategic partnership with MarineMax as its preferred wholesale partner. Despite the topline growth, NextBoat recorded a net loss of $2.1 million compared to a profit last year, largely attributed to stock-based compensation and acquisition integration costs, though Adjusted EBITDA remained positive at $0.8 million.
Key figures
- Revenue
- 59100000
- Guidance
- $165 million to $170 million
- Revenue Yoy
- 88.4%
- Units sold
- 255
- Gross profit
- 9500000
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