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
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
Earnings & Revenue
Next Technology generated $11.6M in revenue in fiscal year 2025. This represents an increase of 545.3% from the prior year.
Next Technology reported $21.5M in net income in fiscal year 2025.
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
Next Technology had 76M shares outstanding in fiscal year 2025. This represents an increase of 993.2% from the prior year.
Margins & Returns
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.
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.
Next Technology's net profit margin was 185.5% in fiscal year 2025, showing the share of revenue converted to profit.
Capital Allocation
Next Technology invested $14.5M in research and development in fiscal year 2025.
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
What is Next Technology's annual revenue?
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.
How fast is Next Technology's revenue growing?
Next Technology (NXTT) revenue grew by 545.3% year-over-year, from $1.8M to $11.6M in fiscal year 2025.
Is Next Technology profitable?
Yes, Next Technology (NXTT) reported a net income of $21.5M in fiscal year 2025, with a net profit margin of 185.5%.
What is Next Technology's gross margin?
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.
What is Next Technology's operating margin?
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.
What is Next Technology's net profit margin?
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.
What is Next Technology's operating cash flow?
Next Technology (NXTT) generated -$3.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
How much does Next Technology spend on research and development?
Next Technology (NXTT) invested $14.5M in research and development during fiscal year 2025.
Are Next Technology's earnings high quality?
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.