Here are the 10-Q quarterly reports from NextBoat Inc. (NXB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NXB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NXB filings page.
NextBoat Inc. reported strong top-line growth but a swing to losses for the quarter and six months ended June 30, 2026. Revenue for the six-month period rose 51.8% to $88.9 million, driven mainly by higher pre-owned boat sales, new boat brands, and added service operations from the Apex Marine and Bellhart acquisitions completed in May 2026. Gross profit increased to $13.9 million, with margin improvement supported by higher-margin service, brokerage and finance revenue. At the same time, operating expenses more than doubled, reflecting public-company costs, significant stock-based compensation, acquisition-related spending and a larger workforce, leading to a six-month net loss of $5.5 million versus prior-year income. Operating cash flow was negative, largely due to a substantial inventory build to $60.4 million, financed primarily through floor plan facilities, which increased to $51.6 million. The company ended the period with cash of $7.7 million, total assets of $100.5 million, and stockholders’ equity of $12.1 million. Subsequent to quarter end, NextBoat entered a five-year strategic partnership with MarineMax that includes a performance-based warrant for up to 1,250,000 common shares.