NextNRG Inc. Stock Price, News & Analysis

NextNRG (NASDAQ: NXXT), an AI-driven energy innovation company, reported exceptional preliminary financial results for May 2025. The company achieved record revenue of $6.6 million, marking a 148% increase year-over-year.

Year-to-date revenue through May 2025 reached $28.89 million, already surpassing the full-year 2024 revenue of $27 million. This marks NextNRG's fifth consecutive record month, driven by expanding operations, increasing partner demand, and strong adoption from commercial fleets. The company is preparing to deploy its Next Utility Operating System®, AI-powered microgrid systems, and wireless EV charging products in key markets.

NextNRG (NASDAQ: NXXT) has formed a strategic partnership with Hudson Sustainable Group, a $13 billion renewable energy investment firm, to accelerate energy infrastructure development across the US. The Master Framework Agreement enables joint development, financing, and deployment of energy assets including utility-scale solar, battery storage, smart microgrids, and wireless EV charging infrastructure. Hudson will receive priority consideration for funding NextNRG's projects, while NextNRG gains access to Hudson-led opportunities in fleet electrification, data center power, and municipal energy resiliency. Hudson, led by former Goldman Sachs partner Neil Auerbach, brings significant experience in clean energy finance and has backed major players like Recurrent Energy and Sunlight Financial. The partnership aims to scale AI-optimized, distributed energy infrastructure to meet growing demand for smarter, more resilient power solutions.

NextNRG (NASDAQ: NXXT) has announced its inclusion in both the Russell 2000® and Russell 3000® Indexes, effective after market close on June 27, 2025. The company, which specializes in AI-powered energy innovation through its Next Utility Operating System®, smart microgrid infrastructure, wireless EV charging, and mobile fuel delivery solutions, will join approximately $10.6 trillion in assets benchmarked to Russell U.S. indexes. CEO Michael D. Farkas highlighted this milestone as a reflection of the company's disciplined execution and growing recognition in the intersection of efficient energy, intelligent mobility, and AI-powered infrastructure. The inclusion follows NextNRG's strong quarterly growth, expansion into new states, establishment of enterprise partnerships, and advancement of its energy infrastructure platform.

NextNRG (NASDAQ: NXXT) reported strong Q1 2025 financial results, with revenue surging 147% year-over-year to $16.3 million from $6.6 million. The company delivered 4.7 million gallons, up 183% YoY, while maintaining an improved fuel margin of $0.71 per gallon. Gross profit increased 12% to $518,000. The company completed a $15 million public offering and expanded into new markets including Phoenix, Austin, San Antonio, and Houston. NextNRG's growth strategy focuses on three main areas: AI-powered Utility Operating System for grid management, wireless EV charging infrastructure, and mobile energy logistics. Notable achievements include partnerships with major e-commerce companies, the Shell Oil mobile fleet acquisition, and planned utility-scale microgrid deployment in Northern Florida for Q2 2025.

NextNRG (NASDAQ: NXXT) reported strong preliminary unaudited financial results for April 2025, with revenues reaching $5.82 million, marking a 154% increase year-over-year. The company delivered 1.78 million gallons of fuel, representing a 207% growth compared to the previous year.

The robust performance was driven by volume growth, expansion into Oklahoma, and increased demand from national fleet clients using NextNRG's on-demand fueling platform. The company specializes in AI-driven energy innovation, offering solutions including a Utility Operating System, smart microgrid technology, wireless EV charging, and mobile fuel delivery services.

NextNRG has announced the expansion of its mobile fueling operations into Oklahoma, marking a strategic move to grow its national footprint. The expansion begins by servicing one of the nation's largest in-house fleet operators under a long-term agreement.

The company sees significant potential in Oklahoma's market, citing over $9 billion in planned construction through 2030 and the state's position as a crucial freight and energy corridor. Oklahoma's high concentration of fleet-reliant industries aligns well with NextNRG's business model.

Currently, NextNRG operates its direct-to-site fueling services across multiple states, including Florida, Texas, California, Tennessee, Michigan, and Arizona. The company leverages its proprietary customer interface to provide centralized account management, on-demand scheduling, and secure tracking tools.

NextNRG (NXXT) reported preliminary unaudited results for March 2025 and Q1 2025, marking its third consecutive record month. March 2025 revenue surged 161% year-over-year to $6.15 million, with gallons delivered increasing 210% to 1.8 million gallons.

For Q1 2025, the company achieved:

• Revenue of $16.23 million, up 146% from Q1 2024 ($6.60 million)
• Gallons delivered reached 4.69 million, representing 183% growth year-over-year

CEO Michael D. Farkas attributed the growth to disciplined expansion, operational execution, successful integration of strategic acquisitions, and partnerships with major fleet operators. The company focuses on AI-driven energy innovation, including mobile fueling platforms, smart microgrid technology, and wireless EV charging solutions.

NextNRG (NASDAQ: NXXT) has expanded its commercial relationship with Sunbelt Rentals, extending mobile fueling services from Florida to Texas. The company's AI-driven platform now operates 144 delivery trucks across six states, including Los Angeles, San Francisco, Detroit, Nashville, Phoenix, and major metro areas in Florida and Texas.

Key highlights include the development of a custom fueling portal at sunbelt.ezfl.com/login and a significant 166% year-over-year growth in February fuel deliveries, reaching 1.44 million gallons and record monthly revenue. The company estimates that direct-to-site fueling can reduce fleet fueling costs by over $3,000 per vehicle annually.

This expansion follows NextNRG's recent integration of delivery assets from Shell Oil Products US and Yoshi Mobility, strengthening its fleet capacity and geographic reach in the strategic Texas market.

NextNRG (NXXT) reported strong financial performance for February 2025, with revenue reaching a new record of $5.09 million, marking a 139% increase from $2.1 million in February 2024. The company's EzFill mobile fueling division delivered approximately 1.44 million gallons, up 166% year-over-year from 543,000 gallons.

Despite fewer operational days in February, both revenue and gallons delivered surpassed January 2025's performance. The growth is attributed to the successful integration of the Shell Oil fleet and a long-term agreement with a global e-commerce leader. The company continues to see rising demand from fleet partners while operating its on-demand fueling service EzFill and developing smart energy infrastructure solutions.