Nexttrip, Inc. income statement
In fiscal 2026, Nexttrip, Inc. reported revenue of $3.7m, up 641.0% on the year before, operating income of −$16.4m (a -440.5% margin) and net income of −$15.9m, or −$1.82 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2015 | 2017Dec 2016 | 2018Dec 2017 | 2019Dec 2018 | 2020Dec 2019 | 2021Dec 2020 | 2022Dec 2021 | 2023Feb 2023 | 2024Feb 2024 | 2025Feb 2025 | 2026Feb 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 0 | 0 | 1 | 2 | 0 | 0 | 1 | 4 | 5 |
| Cost of revenue | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 3 | — |
| Gross profit | 1 | 1 | 0 | 0 | −0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 |
| Research and development | 0 | 0 | 0 | 0 | 1 | 0 | 0 | — | — | — | — | — |
| Selling and marketing | — | — | — | — | — | — | — | 1 | 0 | 0 | 0 | 0 |
| General and administrative | — | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | — |
| Operating income | — | — | −4 | −6 | −6 | −6 | −8 | −5 | −6 | −7 | −16 | −15 |
| Interest expense | 0 | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Income before tax | −2 | −2 | −4 | −6 | −6 | −5 | −7 | −5 | −7 | −10 | −16 | −15 |
| Income tax | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| 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 | — |
| Diluted shares (average) | 125m | 125m | 176m | 28m | 47m | 153m | 393m | 3m | 9m | 9m | 9m | — |
| EBITDA | — | — | −4 | −5 | −6 | −6 | −8 | −4 | −4 | −7 | −15 | −13 |
| Quarter | 2025 Q3Nov 2024 | 2025 Q4Feb 2025 | 2026 Q1May 2025 | 2026 Q2Aug 2025 | 2026 Q3Nov 2025 | 2026 Q4Feb 2026 | 2027 Q1May 2026 | 2027 Q2Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 75 | 83 | 139 | 758 | 1,200 | 1,619 | 1,452 | 547 |
| Cost of revenue | 77 | 92 | 100 | 592 | 983 | 1,388 | 1,244 | — |
| Gross profit | −2 | −9 | 39 | 166 | 217 | 231 | 208 | 176 |
| Selling and marketing | 31 | 69 | 90 | 174 | 60 | 162 | 135 | 134 |
| General and administrative | 32 | 15 | 31 | 32 | 62 | 78 | 35 | — |
| Operating income | −1,774 | −2,218 | −4,640 | −3,203 | −3,085 | −5,438 | −2,914 | −3,317 |
| Income before tax | −2,010 | −4,590 | −4,446 | −2,898 | −3,276 | −5,281 | −3,125 | −3,688 |
| Income tax | — | — | — | 0 | — | — | — | 0 |
| Net income | −2,009 | −4,597 | −4,457 | −2,898 | −3,276 | −5,281 | −3,125 | −3,724 |
| Diluted EPS | −$0.35 | −$0.88 | −$0.68 | −$0.39 | −$0.37 | −$0.43 | −$0.22 | — |
| EBITDA | −1,625 | −2,037 | −4,433 | −2,986 | −2,812 | −5,036 | −2,577 | −2,980 |
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