NextPlat Corp
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $54.3M | $66.1M | $37.8M | $11.7M | $7.7M |
| Gross profit | $10.9M | $17.0M | $11.3M | $2.5M | $1.9M |
| Operating income | -$9.0M | -$23.0M | -$23.2M | -$7.2M | -$6.6M |
| Operating expenses | $19.9M | $40.0M | $34.5M | $9.7M | $8.5M |
| Cost of revenue | $43.4M | $49.1M | $26.4M | $9.2M | $5.9M |
| Cash from operations | -$6.1M | -$5.5M | -$3.6M | -$3.6M | -$4.1M |
| Capital expenditure | $71,000 | $189,000 | $647,000 | $716,000 | $229,307 |
| Free cash flow | -$6.2M | -$5.7M | -$4.2M | -$4.3M | -$4.3M |
| Share repurchases | $100,000 | $0 | — | — | — |
| Impairments | $0 | $111,000 | $28,000 | $0 | — |
| Total assets | $27.5M | $37.1M | $64.5M | $28.6M | $20.6M |
| Total liabilities | $10.0M | $9.7M | $16.4M | $2.9M | $3.0M |
Shares outstanding 2.7M · Free float 53.1%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.