NextNRG Reports Full Year and Fourth Quarter 2025 Financial Results
Rhea-AI Summary
NextNRG (NASDAQ: NXXT) reported full-year 2025 revenue of $81.8M, up 195% from 2024, with gross profit of $6.9M and GAAP net loss of $88.2M. Adjusted EBITDA was $17.1M. The company cited fleet integration, market expansion, margin improvement and first long-term infrastructure agreements as drivers.
AI-generated analysis. Not financial advice.
Positive
- Revenue +195% YoY to $81.8M in 2025
- Adjusted EBITDA increased to $17.1M (approx. 91% YoY)
- Signed first long-term energy infrastructure agreements
- December revenue grew 253% YoY with 2.53M gallons
Negative
- GAAP net loss of $88.2M in 2025
- Operating loss of $70.2M including $42.6M stock compensation
- Interest expense of $17.0M contributed to losses
- Impairment charge of $8.54M recorded in 2025
News Market Reaction – NXXT
On the day this news was published, NXXT declined 19.93%, reflecting a significant negative market reaction. Argus tracked a peak move of +14.8% during that session. Argus tracked a trough of -22.9% from its starting point during tracking. Our momentum scanner triggered 30 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $18M from the company's valuation, bringing the market cap to $71.24M at that time. Trading volume was exceptionally heavy at 7.8x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
NXXT gained 19.42% while momentum peers like BNRG and WAVE showed declines of -6.97% and -2.94%, indicating a stock-specific reaction rather than a sector-wide move.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 09 | Prelim Nov 2025 revenue | Positive | +16.1% | Preliminary November revenue up 271% year-over-year to $7.51M. |
| Nov 07 | Prelim Oct 2025 revenue | Positive | +14.9% | Preliminary October revenue of $7.39M, up 196% year-over-year. |
| Oct 13 | Prelim Sep 2025 revenue | Positive | +8.7% | September revenue of $7.07M, 229% year-over-year growth with higher volumes. |
| Sep 10 | Prelim Aug 2025 revenue | Positive | -2.6% | August revenue of $7.51M, 222% year-over-year growth and strong volumes. |
| Aug 07 | Prelim Jul 2025 revenue | Positive | +0.7% | Record July revenue of $8.19M, up 236% year-over-year and 17% sequentially. |
Earnings and revenue update headlines have often driven positive moves, with four of five prior earnings-related releases followed by gains, though one strong growth update coincided with a decline.
Recent history shows NextNRG consistently highlighting rapid revenue expansion. From July–November 2025, preliminary monthly updates reported revenue growth between 196% and 271% year-over-year and record monthly sales, often accompanied by sizeable 24-hour price gains. Today’s full-year 2025 results, confirming revenue of $81.8M versus about $27M in 2024 and improved margins, extend that growth narrative and consolidate the earlier preliminary disclosures into audited annual figures.
Historical Comparison
Past earnings-style updates for NXXT moved the stock an average of 7.57%. Today’s 19.42% gain on full-year 2025 results is noticeably larger than those prior reactions.
Earnings news progressed from preliminary monthly 2025 revenue updates in July–November to today’s full-year and Q4 2025 financials, confirming rapid growth previously signaled in those releases.
Market Pulse Summary
The stock dropped -19.9% in the session following this news. A negative reaction despite positive operational metrics would fit the mixed history of responses to earnings-style news, where one strong August 2025 update preceded a decline. In that scenario, investors might have focused on large GAAP losses or recent high-cost financings disclosed in 8-K filings rather than revenue growth and improving margins, raising questions about balance-sheet pressure.
Key Terms
adjusted ebitda financial
non-gaap financial
impairment charges financial
stock-based compensation financial
AI-generated analysis. Not financial advice.
Revenue Increases
MIAMI, April 15, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ: NXXT) (“NextNRG” or the “Company”), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today reported financial results for the full year and fourth quarter ended December 31, 2025.
“In 2025, we generated
2025 Key Financial Metrics
| Metric | FY 2025 | FY 2024 | ||
| Revenue | ||||
| Gross Profit | ||||
| Gross Margin | 8.4% | |||
| Operating Loss (GAAP) ¹ | ||||
| Net Loss (GAAP) ¹ | ||||
| Adjusted EBITDA ² | ||||
(1) Includes
(2) Adjusted EBITDA excludes net interest expense, taxes, depreciation and amortization, impairment charges, and stock-based compensation. See the reconciliation of net loss to Adjusted EBITDA in “Full Year 2025 Financial Results” below and “Non-GAAP Financial Measures” below for additional important disclosures.
Full Year 2025 Financial Results
Revenue for the year ended December 31, 2025 was
Gross profit increased to
Operating loss for 2025 was
The following is a reconciliation of net loss to the non-GAAP financial measure referred to as Adjusted EBITDA for the years ended December 31, 2025 and 2024:
| Net Loss/Adjusted EBITDA Reconciliation | FY 2025 | FY 2024 | ||
| Net Loss (GAAP) | ||||
| Add: Interest expense, net | 17,983,449 | 9,367,915 | ||
| Add: Depreciation and amortization | 2,689,293 | 1,545,806 | ||
| Add: Impairment charges | 8,535,825 | 13,422 | ||
| Add: Stock-based compensation | 42,589,563 | 1,531,640 | ||
| Adjusted EBITDA (1) | ||||
(1) Adjusted EBITDA is a non-GAAP financial measure. See “Non-GAAP Financial Measures” below for additional important disclosures.
Fourth Quarter 2025 Results
The fourth quarter of 2025 represented the Company’s strongest operating period of the year. Mobile fuel delivery revenue was approximately
Gross margin in the fuel delivery business was approximately
Strategic Update
During 2025, the Company expanded its operating footprint, integrated acquired fleet assets, and executed its first long-term energy infrastructure agreements. These agreements combine on-site generation, battery storage, and intelligent energy management under long-term structured contracts.
The Company ended 2025 with an active pipeline of smart microgrid opportunities across healthcare, manufacturing, amusement parks, municipalities, and logistics facilities. Management believes 2025 established the operational foundation for converting pipeline opportunities into contracted revenue while continuing to improve unit economics across the fueling platform.
“2025 was the year we scaled the platform,” added Mr. Farkas. “We almost tripled revenue, expanded nationally, improved margins, and signed our first infrastructure contracts. We believe these milestones position the Company for continued operational improvement and long-term growth.”
Non-GAAP Financial Measures
This press release references Adjusted EBITDA, a non-GAAP financial measure. Adjusted EBITDA should not be considered a substitute for GAAP-basis measures, nor should it be viewed as a substitute for operating results determined in accordance with GAAP. We believe that the presentation of Adjusted EBITDA, a non-GAAP financial measure that excludes the impact of net interest expense, taxes, depreciation, amortization, impairment of goodwill, other intangibles and fixed assets, and stock compensation expense, provides useful supplemental information that is essential to a proper understanding of our financial results. Non-GAAP measures are not formally defined by GAAP, and other entities may use calculation methods that differ from ours for the purposes of calculating Adjusted EBITDA. As a complement to GAAP financial measures, we believe that Adjusted EBITDA assists investors who follow the practice of some investment analysts who adjust GAAP financial measures to exclude items that may obscure underlying performance and distort comparability. See “Full Year 2025 Financial Results” above for a reconciliation of Adjusted EBITDA to net loss.
About NextNRG, Inc.
NextNRG Inc. (NextNRG) is Powering What's Next by integrating artificial intelligence (AI) and machine learning (ML) into utility infrastructure, battery storage, wireless EV in-motion charging, renewable energy and mobile fuel delivery, to create a unified platform for modern energy management.
At the core of its strategy is the Next Utility Operating System®, which uses AI to optimize both new and existing infrastructure across microgrids, utilities, and fleet operations. NextNRG's smart microgrids serve commercial, healthcare, educational, tribal, and government sites delivering cost savings, reliability, and decarbonization. The company also operates one of the nation's largest on-demand fueling fleets and is advancing wireless charging to support fleet electrification.
To learn more, visit www.nextnrg.com.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG's goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as "expect," "intends," "will," and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG's business and macroeconomic and geopolitical events. These and other risks are described in NextNRG's filings with the Securities and Exchange Commission from time to time. NextNRG's forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.
Investor Relations Contact
NextNRG, Inc.
Sharon Cohen
SCohen@nextnrg.com
