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Next Technology Financials

NXTT
Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE March

This page shows Next Technology (NXTT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Earnings Quality Low Quality
-0.14x

For every $1 of reported earnings, Next Technology generates $-0.14 in operating cash flow (-$3.1M OCF vs $21.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
$11.6M
YoY+545.3%
5Y CAGR+13.1%

Next Technology generated $11.6M in revenue in fiscal year 2025. This represents an increase of 545.3% from the prior year.

EBITDA
N/A
Net Income
$21.5M
5Y CAGR+51.8%

Next Technology reported $21.5M in net income in fiscal year 2025.

EPS (Diluted)
$61.77
YoY+1569.5%

Next Technology earned $61.77 per diluted share (EPS) in fiscal year 2025. This represents an increase of 1569.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
N/A
Dividends Per Share
N/A
Shares Outstanding
76M
YoY+993.2%
5Y CAGR-24.2%

Next Technology had 76M shares outstanding in fiscal year 2025. This represents an increase of 993.2% from the prior year.

Margins & Returns

Gross Margin
15.1%
YoY-44.3pp
5Y CAGR-75.1pp

Next Technology's gross margin was 15.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 44.3 percentage points from the prior year.

Operating Margin
-690.5%
YoY-689.6pp
5Y CAGR-750.4pp

Next Technology's operating margin was -690.5% in fiscal year 2025, reflecting core business profitability. This is down 689.6 percentage points from the prior year.

Net Margin
185.5%
5Y CAGR+142.8pp

Next Technology's net profit margin was 185.5% in fiscal year 2025, showing the share of revenue converted to profit.

Return on Equity
N/A

Capital Allocation

R&D Spending
$14.5M

Next Technology invested $14.5M in research and development in fiscal year 2025.

Share Buybacks
N/A
Capital Expenditures
N/A

NXTT Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Revenue $1.8M N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue $981K N/A N/A N/A N/A N/A N/A N/A
Gross Profit $807K N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $489K+91.0% $256K-43.1% $450K N/A $567K+64.3% $345K+4.5% $330K N/A
Operating Income -$44.3M-17217.3% -$256K+43.1% -$450K N/A -$567K-64.3% -$345K-4.5% -$330K N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $7.3M-76.8% $31.5M-38.7% $51.4M N/A $365K+119.8% -$1.8M-144.4% $4.1M N/A
Net Income -$16.9M-114.2% $118.6M N/A N/A $1.4M+119.8% -$6.9M-135.4% $19.5M N/A
EPS (Diluted) $-6.86 $0.27-86.4% $1.98 N/A $39.51+4090.9% $-0.99-113.3% $7.45 N/A

NXTT Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Total Assets $679.5M+7.3% $633.3M+30.9% $483.8M+420.7% $92.9M+17.0% $79.4M+1.8% $78.1M+6.8% $73.1M+49.4% $48.9M
Current Assets $679.5M+7.3% $633.3M+30.9% $483.8M+420.7% $92.9M+40.7% $66.0M+2.1% $64.7M-11.5% $73.1M+49.4% $48.9M
Cash & Equivalents $12.4M+1748.9% $668K0.0% $668K0.0% $668K0.0% $668K0.0% $668K0.0% $668K0.0% $668K
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $70K-87.1% $540K-62.5% $1.4M-20.0% $1.8M N/A N/A N/A $1.0M
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $104.4M+11.5% $93.7M+49.2% $62.8M+456.3% $11.3M+110.7% $5.4M+0.1% $5.4M-39.3% $8.8M+108.9% $4.2M
Current Liabilities $6.0M+138.2% $2.5M-20.5% $3.1M+2.9% $3.1M+13.5% $2.7M-11.7% $3.0M-34.8% $4.7M+10.8% $4.2M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $575.1M+6.6% $539.6M+28.2% $421.0M+415.8% $81.6M+10.2% $74.1M+1.9% $72.7M+13.1% $64.3M+43.7% $44.7M
Retained Earnings $304.2M-5.5% $321.9M+58.3% $203.3M+1952.1% $9.9M+320.4% $2.4M+139.4% $985K-87.6% $7.9M+168.0% -$11.6M

NXTT Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Operating Cash Flow N/A N/A N/A N/A -$81K-8080400.0% $1+100.2% -$530+99.9% -$788K
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A $4.5M
Financing Cash Flow N/A N/A N/A N/A $81K+8069900.0% -$1-100.2% $635+100.0% -$4.1M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

NXTT Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Gross Margin 45.1% N/A N/A N/A N/A N/A N/A N/A
Operating Margin -2478.8% N/A N/A N/A N/A N/A N/A N/A
Net Margin -944.7% N/A N/A N/A N/A N/A N/A N/A
Return on Equity -2.9%-24.9pp 22.0% N/A N/A 1.8%+11.4pp -9.5%-40.0pp 30.4% N/A
Return on Assets -2.5%-21.2pp 18.7% N/A N/A 1.7%+10.6pp -8.9%-35.6pp 26.8% N/A
Current Ratio 114.15-139.2 253.35+99.4 153.91+123.5 30.43+5.9 24.54+3.3 21.21+5.6 15.62+4.0 11.59
Debt-to-Equity 0.180.0 0.17+0.0 0.15+0.0 0.14+0.1 0.070.0 0.07-0.1 0.14+0.0 0.09
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Next Technology (NXTT) reported $11.6M in total revenue for fiscal year 2025. This represents a 545.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Next Technology (NXTT) revenue grew by 545.3% year-over-year, from $1.8M to $11.6M in fiscal year 2025.

Yes, Next Technology (NXTT) reported a net income of $21.5M in fiscal year 2025, with a net profit margin of 185.5%.

Next Technology (NXTT) reported diluted earnings per share of $61.77 for fiscal year 2025. This represents a 1569.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Next Technology (NXTT) had a gross margin of 15.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Next Technology (NXTT) had an operating margin of -690.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Next Technology (NXTT) had a net profit margin of 185.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Next Technology (NXTT) generated -$3.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Next Technology (NXTT) invested $14.5M in research and development during fiscal year 2025.

Next Technology (NXTT) had 76M shares outstanding as of fiscal year 2025.

Next Technology (NXTT) has an earnings quality ratio of -0.14x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

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