Nextnrg, Inc. income statement
In fiscal 2025, Nextnrg, Inc. reported revenue of $81.8m, up 194.7% on the year before, operating income of −$70.2m (a -85.8% margin) and net income of −$85.7m, or −$0.72 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 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 4 | 7 | 15 | 23 | 28 | 82 | 95 |
| Cost of revenue | 4 | 7 | 15 | 22 | 26 | 75 | 86 |
| Gross profit | 0 | 0 | −0 | 1 | 2 | 7 | 8 |
| General and administrative | — | — | 16 | 9 | 12 | 66 | 45 |
| Operating income | −7 | −9 | −17 | −9 | −12 | −70 | −48 |
| Interest expense | 0 | 1 | 0 | 2 | 9 | 17 | 13 |
| Income before tax | −7 | −9 | −18 | — | — | — | — |
| Income tax | 0 | 0 | — | — | — | — | — |
| Net income | −7 | −9 | −18 | −10 | −21 | −86 | −58 |
| Diluted EPS | −$0.34 | −$0.44 | −$0.25 | −$0.33 | −$5.97 | −$0.72 | — |
| Diluted shares (average) | 21m | 21m | 28m | 31m | 4m | 122m | — |
| EBITDA | −6 | −8 | −16 | −7 | −10 | −68 | −46 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 7 | 16 | 20 | 23 | 23 | 21 | 28 |
| Cost of revenue | 6 | 7 | 16 | 18 | 20 | 21 | 19 | 26 |
| Gross profit | 1 | 0 | 1 | 2 | 2 | 2 | 2 | 2 |
| General and administrative | 3 | 4 | 6 | 32 | 11 | 18 | 11 | 6 |
| Operating income | −3 | −4 | −6 | −31 | −9 | −25 | −10 | −4 |
| Interest expense | 7 | −1 | 3 | 4 | 4 | 5 | 1 | 3 |
| Net income | −11 | −3 | −9 | −36 | −14 | −27 | −11 | −7 |
| Diluted EPS | −$0.71 | −$5.79 | −$1.59 | −$0.30 | −$0.12 | −$0.21 | −$0.07 | −$0.04 |
| EBITDA | −3 | −4 | −5 | −30 | −8 | −24 | −9 | −4 |
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