Economic Atlas
Companies/NextPlat Corp
Company profile

NextPlat Corp

NASDAQ: NXPL · Technology · Software - Application
PublicHQ Coconut Grove, FLCIK 0001058307Reports USD
#492 of 1,169 Technology companies by revenuebottom-quartile growth
EA Score
48D
Revenue TTM
$49.7M
Rev growth YoY (TTM)
-20.6%
Net income (FY)
-$10.5M
Employees
126
as of 2026-08-21
Market cap
$23.2M
as of 2026-08-21

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$54.3M$54.3M2025
Net income-$10.5M-$10.5M2025
Operating income-$9.0M-$9.0M2025
Total assets$27.5M$27.5M2025
Liabilities$10.0M$10.0M2025
Equity$17.3M$17.3M2025

Revenue trend

FY2019 – FY2025 · USD
FY19
FY19
FY20
FY21
FY22
FY23
FY24
FY25

Revenue by segment

Filed disclosures · FY2024
By product
Product84%
Service16%
By geography

Not disclosed.

The read

What is NextPlat Corp’s revenue?

NextPlat Corp booked $54.3M in FY2025 revenue, contracting 17% year over year — slower than 75% of Technology companies we track, at a -19.3% net margin.

Peers · Technology
Roadzen, Inc.35DBaylin Technologies Inc.41DM-tron Industries, Inc.65BCastellum, Inc.54DAirgain, Inc.50DTransAct Technologies Incorporated65B
Key facts
CEODavid Phipps
SectorTechnology
IndustrySoftware - Application
HeadquartersCoconut Grove, FL
ExchangeNASDAQ: NXPL
Employees126
IPO date1999-11-02
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.