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Nexttrip, Inc. (NTRP) stock

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NASDAQ: NTRP Nasdaq Specialized Consumer Services Next results ~January 14, 2027

C Fundamentals grade

Nexttrip, Inc. is a US-listed company in the specialized consumer services industry. Its financial year ends in February.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: every model's value for Nexttrip, Inc. is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: free cash flow after stock pay is not positive. We'll show the comparison once resolved.

Nexttrip, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 1 selling4 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds12 adding, 5 cuttingOf 2 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Nexttrip files

Where Nexttrip stands after its latest 10-Q

Nexttrip has little or no product revenue yet; it used $10m of cash in the twelve months to August 2026. That growth ranks 1 of 15 among the specialized consumer services companies we cover. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 1 of our 2 financial-health checks.

Our model value for Nexttrip is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 15, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 14, 2027 (estimated)

Nexttrip, Inc.'s trailing-twelve-month revenue grew 356.8% year on year, with a free-cash-flow margin of -212.6%. Where it stands out: revenue growth of 356.8% ranks 1 of 18 specialized consumer services companies we cover. Where it lags: change in growth rate of -657.0pp ranks 18 of 18 specialized consumer services companies we cover.

Current signal Revenue growth decelerating: TTM revenue growth slowed to 356.8% (-657.0pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 356.8% over the last 12 months, against a median of 6.7% for specialized consumer services companies we cover.
  • Margins widening. Operating margin is up 815.9 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Growth slowing. The growth rate is 657.0 points lower than a quarter earlier.
  • Loss-making. Operating margin is -306.2%: costs exceed revenue.
  • Burning cash. Free cash flow was -212.6% of revenue over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 94% and a beta of 0.9 against the S&P 500.
  • Below peers: gross margin. Gross margin of 17.3% ranks 12 of 14 specialized consumer services companies we cover (median 35.1%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 4 of the last four quarters.

Latest results: FY2027 Q2

Filed October 15, 2026
Earnings per share
-$0.27 against an average estimate of -$0.23: missed by 18.1%
Revenue
$1m, down 27.8% on a year earlier
Share reaction
-20.5% in the first session after the results on October 15, 2026, against -0.8% for the S&P 500
Next report
January 14, 2027; average EPS estimate -$0.21

Nexttrip's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-14.3%
  • 1 week-24.0%
  • 1 month-44.6%
  • This year-66.6%
  • 1 year-76.1%
  • 5 years-98.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$4.8M
Operating margin
-306.2%
Net margin
-319.8%

Growth

Revenue growth
+356.8%
Change in growth rate
−657.0 pts

Cash

Free cash flow (TTM)
-$10.2M
FCF margin
-212.6%
Stock pay % of revenue
0.9%

Earnings

Last results
October 15, 2026
Next results (est.)
January 19, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results
  3. Shareholder vote
  4. Announcement
  5. Announcement
  6. Announcement
  7. Announcement
  8. Agreement
  9. Agreement
  10. Announcement
  11. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Nexttrip, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: free cash flow after stock pay is not positive.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Nexttrip, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 7.9%: the 10-year Treasury yield (4.9%) plus a beta of 0.66 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.1 ~$0.1–$0.8 Left out: out of range vs price (0.11x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Nexttrip, Inc. with Specialized Consumer Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$2140.00$324.00$430.00$300.00$196.40$67.60$36.80$11.90$2.99$3.98$2.87
Market value$266.6bn$40.5bn$75.7bn$8.3bn$9.2bn$10.4bn$14.5bn$34m$27m$36m$26m
+ Net debt (− = net cash)$0$0$0$0$0$0$0−$282475−$323805−$1m$2m
Enterprise value$266.6bn$40.5bn$75.7bn$8.3bn$9.2bn$10.4bn$14.5bn$34m$27m$35m$27m
Multiples
Price / sales n/mn/mn/mn/mn/mn/mn/m89.0x59.5x72.5x6.9x
Price / earnings ———————————
Price / free cash flow ———————————
EV / EBITDA ———————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 14, 2027, after the close. Analysts expect revenue of $2m and EPS of −$0.21 (range −$0.21 to −$0.21) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.93 +46% $8m +123%
Next −$0.84 +10% $17m +111%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −5.1% on 90 days ago. In the last 30 days, 0 analysts raised Nexttrip, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Nexttrip, Inc., last 90 days
−$1.00 −$0.50 $0.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.98 Current fiscal year, 60 days ago: −$0.61 Current fiscal year, 30 days ago: −$0.98 Current fiscal year, 7 days ago: −$0.98 Current fiscal year, Now: −$0.93 −$0.93 Next fiscal year, 90 days ago: −$1.00 Next fiscal year, 60 days ago: −$0.54 Next fiscal year, 30 days ago: −$1.00 Next fiscal year, 7 days ago: −$1.00 Next fiscal year, Now: −$0.84 −$0.84

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.98−$1.00
60 days ago −$0.61−$0.54
30 days ago −$0.98−$1.00
7 days ago −$0.98−$1.00
Now −$0.93−$0.84

Earnings against estimates

Quarter toEstimateActualSurprise
Aug 2026 −$0.23 −$0.27 −18.1%
May 2026 −$0.15 −$0.22 −39.9%
Feb 2026 −$0.12 −$0.34 −183.8%
Nov 2025 −$0.16 −$0.37 −130.1%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202633
  2. Sep 202633
  3. Aug 202633

Counts of recommendations published by analysts covering Nexttrip, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
1.9%
of tradable shares
Days to cover
2.16
at average volume
Short interest, 1 month
+90%
to October 15, 2026
Held by institutions
8%
of shares
Held by insiders
42.5%
of shares
Employees
23
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
NTRP−46%−78%−62%+100%−46%−67%
Industry peers (median)+17%−53%−23%+8%−4%−32%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
NTRP42%25%25%50%58%18%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
NTRP−77%−84%−83%−71%−78%−72%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 100% from November 3, 2015 to November 2, 2026. Getting back needed a 296251% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.08 – $4.60
From 52-week high
−76.5%
vs 50-day average
−32.2%
vs 200-day average
−52.3%
Volatility (1 year)
94%
Beta vs S&P 500
0.95

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
1 up, 11 down
typical move ±11.3%
After a week
3 up, 9 down
typical move ±14.1%
After a month
1 up, 10 down
typical move ±18.8%
Results releasedNext dayS&P 500 next day5 days21 days
October 15, 2026 −20.5% −0.8% −24.6% —
November 13, 2023 −5.2% +1.8% −30.2% −30.0%
August 14, 2023 −18.8% −0.6% −6.8% −24.3%
May 15, 2023 −11.3% −0.3% −16.5% −0.9%
March 30, 2023 −5.4% +2.0% +5.4% −11.8%
November 14, 2022 +2.5% 0.0% −4.3% −16.0%
August 5, 2022 −18.9% −0.3% −15.5% −24.7%
April 26, 2022 −18.5% −2.6% −28.3% −42.2%
March 24, 2022 −12.7% +2.0% −3.8% −13.2%
October 21, 2021 −7.4% +0.2% −16.2% −28.5%
July 22, 2021 −10.3% +1.2% +7.4% −12.3%
April 22, 2021 −3.7% +0.2% +9.8% +3.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Nexttrip, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Nexttrip, Inc.
$0 $2M $4M $6M FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q2 FY26 Q4 FY27 Q2 Revenue (TTM), FY24 Q4: $650.6K Revenue (TTM), FY25 Q1: $742.3K Revenue (TTM), FY25 Q2: $754.8K Revenue (TTM), FY25 Q3: $623.7K Revenue (TTM), FY25 Q4: $501.4K Revenue (TTM), FY26 Q1: $451.5K Revenue (TTM), FY26 Q2: $1.1M Revenue (TTM), FY26 Q3: $2.2M Revenue (TTM), FY26 Q4: $3.7M Revenue (TTM), FY27 Q1: $5M Revenue (TTM), FY27 Q2: $4.8M $4.8M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY24 Q4 $650.6K
FY25 Q1 $742.3K
FY25 Q2 $754.8K
FY25 Q3 $623.7K
FY25 Q4 $501.4K
FY26 Q1 $451.5K
FY26 Q2 $1.1M
FY26 Q3 $2.2M
FY26 Q4 $3.7M
FY27 Q1 $5M
FY27 Q2 $4.8M
Revenue growth, TTM YoY Nexttrip, Inc.
-500% 0% 500% 1000% 1500% FY25 Q4 FY26 Q2 FY26 Q4 FY27 Q2 Revenue growth, TTM YoY, FY25 Q4: -22.9% Revenue growth, TTM YoY, FY26 Q1: -39.2% Revenue growth, TTM YoY, FY26 Q2: 39.7% Revenue growth, TTM YoY, FY26 Q3: 249.6% Revenue growth, TTM YoY, FY26 Q4: 641.0% Revenue growth, TTM YoY, FY27 Q1: 1013.8% Revenue growth, TTM YoY, FY27 Q2: 356.8% 356.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY25 Q4 -22.9%
FY26 Q1 -39.2%
FY26 Q2 39.7%
FY26 Q3 249.6%
FY26 Q4 641.0%
FY27 Q1 1013.8%
FY27 Q2 356.8%
Operating margin (TTM) Nexttrip, Inc.
-3000% -2000% -1000% 0% FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q2 FY26 Q4 FY27 Q2 Operating margin (TTM), FY24 Q4: -886.4% Operating margin (TTM), FY25 Q1: -864.2% Operating margin (TTM), FY25 Q2: -925.3% Operating margin (TTM), FY25 Q3: -1206.8% Operating margin (TTM), FY25 Q4: -1478.5% Operating margin (TTM), FY26 Q1: -2237.4% Operating margin (TTM), FY26 Q2: -1122.2% Operating margin (TTM), FY26 Q3: -603.0% Operating margin (TTM), FY26 Q4: -440.5% Operating margin (TTM), FY27 Q1: -291.1% Operating margin (TTM), FY27 Q2: -306.2% -306.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q4 -886.4%
FY25 Q1 -864.2%
FY25 Q2 -925.3%
FY25 Q3 -1206.8%
FY25 Q4 -1478.5%
FY26 Q1 -2237.4%
FY26 Q2 -1122.2%
FY26 Q3 -603.0%
FY26 Q4 -440.5%
FY27 Q1 -291.1%
FY27 Q2 -306.2%
FCF margin (TTM) Nexttrip, Inc.
-1500% -1000% -500% 0% FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q2 FY26 Q4 FY27 Q2 FCF margin (TTM), FY24 Q4: -1011.2% FCF margin (TTM), FY25 Q1: -996.3% FCF margin (TTM), FY25 Q2: -990.3% FCF margin (TTM), FY25 Q3: -1228.4% FCF margin (TTM), FY25 Q4: -1155.4% FCF margin (TTM), FY26 Q1: -1243.3% FCF margin (TTM), FY26 Q2: -412.6% FCF margin (TTM), FY26 Q3: -241.9% FCF margin (TTM), FY26 Q4: -152.3% FCF margin (TTM), FY27 Q1: -141.0% FCF margin (TTM), FY27 Q2: -212.6% -212.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q4 -1011.2%
FY25 Q1 -996.3%
FY25 Q2 -990.3%
FY25 Q3 -1228.4%
FY25 Q4 -1155.4%
FY26 Q1 -1243.3%
FY26 Q2 -412.6%
FY26 Q3 -241.9%
FY26 Q4 -152.3%
FY27 Q1 -141.0%
FY27 Q2 -212.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2015 2017 Dec 2016 2018 Dec 2017 2019 Dec 2018 2020 Dec 2019 2021 Dec 2020 2022 Dec 2021 2023 Feb 2023 2024 Feb 2024 2025 Feb 2025 2026 Feb 2026 LTM Aug 2026
Income
Revenue 1 1 1 0 0 1 2 0 0 1 4 5
Gross profit 1 1 0 0 −0 0 1 0 0 0 1 1
EBITDA — — −4 −5 −6 −6 −8 −4 −4 −7 −15 −13
Operating income — — −4 −6 −6 −6 −8 −5 −6 −7 −16 −15
Net income −2 −2 −4 −6 −6 −5 −7 −5 −7 −10 −16 −15
Diluted EPS −$0.01 −$0.02 −$0.03 −$0.20 −$0.13 −$0.05 −$0.02 −$1.76 −$0.80 −$1.11 −$1.82 —
Growth (year on year)
Revenue — −21.7% −33.7% −39.4% +3.6% +100.6% +104.6% −76.8% +19.8% +9.3% +641.0% +356.8%
Margins
Gross margin 82.7% 76.3% 57.5% 30.5% −42.7% 26.7% 66.1% 7.3% 13.3% 0.7% 17.6% 17.3%
EBITDA margin — — −577.5% <−999% <−999% −692.7% −507.7% <−999% −917.8% <−999% −410.9% −278.3%
Operating margin — — −608.2% <−999% <−999% −705.7% −513.4% <−999% <−999% <−999% −440.5% −306.2%
Net margin −137.4% −227.3% −690.2% <−999% <−999% −644.0% −447.1% <−999% <−999% <−999% −428.3% −319.8%
Free-cash-flow margin −108.4% — −422.4% −988.8% <−999% −606.6% −392.4% −991.4% <−999% <−999% −122.8% —
Cash flow
Cash from operations −1 −2 −3 −4 −6 −5 −6 −4 −6 −5 −5 −9
Capital spending 0 — 0 0 0 0 0 0 0 0 0 —
Free cash flow −1 — −3 −4 −6 −5 −6 −4 −6 −5 −5 —
Stock-based pay 1 0 1 1 0 1 1 — 0 0 0 0
Free cash flow after stock pay −2 — −3 −5 −6 −5 −8 — −6 −5 −5 —
Balance sheet
Cash — — — — — — — 0 0 1 2 1
Total debt 0 0 0 0 0 0 0 — 0 0 3 4
Net debt (negative = net cash) — — — — — — — −0 −0 −1 2 2
Diluted shares 125m 125m 176m 28m 47m 153m 393m 3m 9m 9m 9m —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 2 checks passed · August 31, 2026
What it owns · $13m
Short-term assets $3mLonger-term assets $10m
What it owes, and who funded it · $13m
Short-term liabilities $6mLonger-term liabilities $2mShareholders' equity $5m
  • Short-term assets cover short-term liabilities $3m of assets due within a year against $6m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $3m short-term assets against $2m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Nexttrip, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Days sales outstanding
14 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in specialized consumer services
Last 12 months unless stated NTRP GDHG XWEL DLPN WINA NXXT Median
Revenue, last 12 months $5m $15m $28m $58m $92m $95m $222m
Revenue growth, last 12 months 356.8% −31.5% −7.6% 12.5% 8.6% 90.3% 5.8%
Revenue growth, 3-year average — — −5.5% 11.2% 2.9% 67.0% 3.7%
Revenue growth, latest quarter −27.8% — −7.1% 2.5% 23.2% 40.9% 2.8%
Gross margin 17.3% 50.2% 34.3% 94.8% — 9.0% 35.1%
Operating margin −306.2% −44.5% −61.3% −2.4% 59.7% −50.9% 2.2%
Operating margin, 3-year average −784.6% — −62.1% −15.7% 62.8% −57.3% −3.8%
Net margin −319.8% −56.2% −82.9% −6.3% 45.1% −61.3% 1.9%
Cash from operations / revenue −184.6% 124.0% −39.8% −7.0% 48.0% −13.4% 8.7%
Free-cash-flow margin −212.6% 102.8% −47.6% −7.0% 47.7% −16.0% 6.6%
Free-cash-flow margin, 3-year average −538.5% — −46.3% −4.3% 50.7% −25.1% 5.7%
Stock pay / revenue 0.9% 61.2% 4.9% 0.7% 2.8% 3.5% 1.9%
Change in share count — >999% 32.2% 10.1% 0.5% — 4.4%

Median of all 18 companies we cover in specialized consumer services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

18 specialized consumer services companies
Measure Company Peer median Rank
Revenue growth Growth 356.8% 6.7% 1 of 18
Change in growth rate Growth -657.0pp -1.2pp 18 of 18
Gross margin Profitability 17.3% 35.1% 12 of 14
Operating margin Profitability -306.2% 4.3% 16 of 16
Net margin Profitability -319.8% 3.1% 18 of 18
Free-cash-flow margin Cash generation -212.6% 8.3% 18 of 18
Stock pay as % of revenue Cash generation 0.9% 2.0% 4 of 16
Days sales outstanding Balance sheet 14 days 19 days 4 of 11

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to February 28, 2026
Segments
Line of business Revenue Share YoY
Travel $3.6M 97.5% ▲ 622.1%
Media $94,723 2.5% —

From Nexttrip, Inc.'s 10-K filed May 29, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.5M
Institutions reporting
21
Shares held vs prior quarter
▼ 2.0%
Positions opened / closed
8 / 2

Top buyers and sellers, Q2 2026: 12 institutions bought and 5 sold ; the biggest buyer was Vanguard Capital Management LLC (+97K shares) and the biggest seller Armistice Capital, LLC (−273K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Armistice Capital, LLC $860,453 402K 34.2% ▼ 40.4%
Vanguard Capital Management LLC $480,751 225K 19.1% ▲ 76.4%
Hightower Advisors, LLC $410,356 192K 16.3% 0.0%
Geode Capital Management, LLC $240,880 113K 9.6% ▼ 8.2%
Vanguard Fiduciary Trust Co $125,975 59K 5.0% ▲ 0.7%
Marex Group Ltd $117,458 55K 4.7% New
HRT Financial LP $116,000 54K 4.6% New
Blackrock, Inc. $62,873 29K 2.5% New
Northern Trust Corp $50,525 24K 2.0% ▲ 89.0%
Virtu Financial LLC $41,000 19K 1.6% New
UBS Group AG $6,580 3K 0.3% ▼ 76.1%
Tower Research Capital LLC (TRC) $5,853 3K 0.2% ▲ 146.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Nexttrip, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $300,250 4 trades by 2 insiders, last 12 months Insider sales History → $161,060 4 trades by 1 insider · 0% under pre-set plans
Net ▲ $139,190 net buying
Insider Date Trade Shares Price Value
Mcmahon John Patrick COO - Travel Division October 9, 2026 Sell 20,000 $2.02 $40,400
Mcmahon John Patrick COO - Travel Division October 9, 2026 Sell 20,000 $2.17 $43,426
Mcmahon John Patrick COO - Travel Division October 8, 2026 Sell 20,000 $1.91 $38,282
Mcmahon John Patrick COO - Travel Division October 8, 2026 Sell 20,000 $1.95 $38,952
Kaplan Andrew Jay Director September 17, 2026 Buy 52,910 $1.89 $100,000
Jiang David T Director June 18, 2026 Buy 18,200 $2.75 $50,050
Kaplan Andrew Jay Director May 8, 2026 Buy 18,182 $2.75 $50,000
Kaplan Andrew Jay Director November 4, 2025 Buy 33,400 $3.00 $100,200

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around January 19, 2027 estimated from the company's past filing pattern, not announced

  • October 15, 2026
  • November 13, 2023
  • August 14, 2023
  • May 15, 2023
  • March 30, 2023
  • November 14, 2022

Recent SEC filings

Data status

When each part of this page on Nexttrip, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Nexttrip, Inc. in brief

What does Nexttrip, Inc. do?
Nexttrip, Inc. is a US-listed company in the specialized consumer services industry. Its financial year ends in February.
What is Nexttrip, Inc.'s stock ticker?
Nexttrip, Inc. trades under the ticker NTRP on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Nexttrip, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Nexttrip, Inc. reported revenue of $4.8M, 356.8% higher than a year earlier, according to its SEC filings.
What is Nexttrip, Inc.'s free cash flow?
Nexttrip, Inc.'s free-cash-flow margin is -212.6% of revenue over the trailing twelve months, ranking 18 of the 18 specialized consumer services companies we cover.
Who are Nexttrip, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Armistice Capital, LLC, Vanguard Capital Management LLC and Hightower Advisors, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Nexttrip, Inc.'s market cap?
On February 27, 2026, Nexttrip, Inc.'s market capitalisation was about $25.6M and net debt of $1.7M. Market figures come from third-party market data and may be delayed.
Who are Nexttrip, Inc.'s competitors?
In our Specialized Consumer Services peer group, the companies closest to Nexttrip, Inc. are Golden Heaven Group Holdings LTD., Xwell, Inc., Dolphin Entertainment, Inc., Winmark Corp and Nextnrg, Inc. The side-by-side comparison below sets their revenue, margins and growth against Nexttrip, Inc.'s.
Are insiders buying or selling Nexttrip, Inc. stock?
Over the last 12 months, Nexttrip, Inc.'s directors and officers reported 4 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Nexttrip, Inc.'s next earnings date?
Around January 14, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Nexttrip, Inc. announces its own schedule.