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Home›NXPL›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

NextPlat Corp (NXPL) financials

Income statement

NextPlat Corp (NXPL) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$4.70M$6.00M$5.73M$5.87M$5.69M$7.74M$11.7M$37.8M$66.1M$54.3M
Revenue growth—27.8%-4.6%2.5%-3.1%36.0%51.3%222.4%75.0%-17.8%
Gross profit$1.08M$1.15M$1.03M$1.22M$1.23M$1.86M$2.49M$11.3M$17.0M$10.9M
Gross margin22.9%19.2%18.1%20.8%21.5%24.0%21.3%30.0%25.7%20.1%
Operating income-$1.63M-$1.58M-$1.13M-$1.11M-$2.03M-$6.62M-$7.20M-$23.2M-$23.0M-$9.00M
Operating margin-34.7%-26.3%-19.7%-18.9%-35.7%-85.6%-61.5%-61.5%-34.8%-16.6%
Net income-$2.59M-$3.94M-$1.19M-$1.38M-$2.76M-$8.11M-$9.16M-$12.4M-$22.5M-$10.5M
Net margin-55.1%-65.6%-20.9%-23.5%-48.6%-104.8%-78.2%-32.9%-34.1%-19.3%
EPS (diluted)-$11.42-$8.10-$19.14-$13.00-$132.05-$1.98-$0.96-$0.22-$0.65-$0.44

Cash flow

NextPlat Corp (NXPL) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$1.04M-$315K-$590K-$659K-$837K-$4.09M-$3.60M-$3.60M-$5.46M-$6.13M
Capital expenditures$26.4K$33.2K$30.3K$70.2K$34.9K$229K$716K$647K$189K$71.0K
Free cash flow-$1.07M-$348K-$621K-$729K-$872K-$4.32M-$4.32M-$4.24M-$5.65M-$6.20M
Share buybacks————————$0.00$100K

Balance sheet

NextPlat Corp (NXPL) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$115K$233K$143K$75.4K$729K$17.3M$18.9M$26.3M$20.0M$13.7M
Total assets$3.03M$3.60M$2.44M$2.43M$2.63M$20.6M$28.6M$64.5M$37.1M$27.5M
Total liabilities$721K$1.20M$1.06M$1.79M$2.07M$3.03M$2.87M$16.4M$9.68M$10.0M
Long-term debt———————$1.52M$1.41M$1.29M
Shareholders' equity$2.31M$1.86M$1.38M$640K$565K$17.5M$25.8M$32.2M$27.3M$17.3M
Retained earnings-$4.60M-$8.54M-$9.74M-$11.1M-$13.9M-$22.0M-$31.1M-$34.9M-$48.4M-$60.1M
Shares (wtd avg diluted)229K483K62.4B121K817K4.08M9.59M17.5M20.6M26.5M

Every figure is extracted from NextPlat Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is NextPlat Corp's annual revenue?
NextPlat Corp (NXPL) reported $54.3M of revenue for fiscal year 2025 — down 17.8% from $66.1M in FY2024, per its annual report filed with the SEC.
Is NextPlat Corp profitable?
Not in FY2025 — NXPL reported a net loss of $10.5M, per SEC filings.
What is NextPlat Corp's free cash flow?
-$6.20M in FY2025 (operating cash flow -$6.13M minus $71.0K of capital expenditures), from the SEC cash-flow statement.
Does NXPL pay a dividend?
NextPlat Corp reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full NXPL analysis — verdict, score & filings →Is NXPL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.