NextNRG reports preliminary October 2025 revenue of $7.39 million, up 196% year-over-year, with year-to-date growth surpassing 2024 totals.
Quiver AI Summary
NextNRG, Inc., a leader in AI-driven energy solutions, reported preliminary unaudited financial results for October 2025, revealing a significant revenue increase to $7.39 million, which marks a 196% rise from $2.50 million in October 2024. Year-to-date revenue reached approximately $65.8 million, more than doubling the entirety of 2024's revenue. This growth reflects increased utilization by both new and existing customers, showing NextNRG's ability to expand its market share while maintaining operational growth. CEO Michael D. Farkas highlighted the company's ongoing multi-state expansion strategy and advancements in its energy platform, including developments in smart microgrids and wireless EV charging solutions. Additionally, the company's subsidiary, EzFill, has expanded its operations into new regions. October also saw a 5% sequential revenue increase from September. NextNRG expects to achieve profitability in the near term, supported by robust demand and proprietary technologies.
Potential Positives
- Revenue of $7.39 million for October 2025 reflects a 196% increase year-over-year, demonstrating robust financial growth.
- Year-to-date revenue exceeds $65.8 million, more than double the total revenue for full-year 2024, indicating strong expansion and market demand.
- The company is executing a successful multi-state expansion strategy, supporting ongoing growth in its innovative energy solutions and technology.
- NextNRG's consistent triple-digit revenue growth reinforces its competitive position in the market and suggests a positive trajectory towards profitability.
Potential Negatives
- The preliminary and unaudited nature of the financial results raises concerns about the accuracy and reliability of the reported figures, which could affect investor confidence.
- Forward-looking statements highlight risks and uncertainties that could impact the company’s projected growth and profitability, suggesting potential challenges ahead.
- While showing significant revenue growth, there's no mention of profitability, which could raise questions about the sustainability of the company's operations and financial health.
FAQ
What are NextNRG's financial results for October 2025?
NextNRG reported preliminary revenue of $7.39 million for October 2025, a 196% increase year-over-year.
How does NextNRG's year-to-date revenue compare to 2024?
Year-to-date revenue through October 2025 reached approximately $65.8 million, more than double the full-year 2024 revenue of ~$27 million.
What growth strategies is NextNRG implementing?
NextNRG is executing a multi-state expansion strategy alongside developing technologies like RenCast and smart microgrids.
Is NextNRG's financial result finalized?
The financial results for October 2025 are preliminary and unaudited, pending standard month-end closing procedures.
What is the core technology behind NextNRG's strategy?
NextNRG integrates AI and machine learning into energy management through its Next Utility Operating System® for optimizing infrastructure.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NXXT Insider Trading Activity
$NXXT insiders have traded $NXXT stock on the open market 7 times in the past 6 months. Of those trades, 3 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $NXXT stock by insiders over the last 6 months:
- MICHAEL D FARKAS (CEO and Executive Chairman) purchased 1,000,000 shares for an estimated $1,670,000
- SEAN MATTHEW OPPEN has made 2 purchases buying 35,000 shares for an estimated $59,700 and 0 sales.
- AVISHAI VAKNIN (Chief Technology Officer) has made 0 purchases and 4 sales selling 15,509 shares for an estimated $31,238.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$NXXT Hedge Fund Activity
We have seen 3 institutional investors add shares of $NXXT stock to their portfolio, and 3 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- Y-INTERCEPT (HONG KONG) LTD removed 34,951 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $96,814
- NEW YORK STATE COMMON RETIREMENT FUND removed 9,100 shares (-24.5%) from their portfolio in Q3 2025, for an estimated $16,653
- RHUMBLINE ADVISERS removed 2,473 shares (-14.1%) from their portfolio in Q3 2025, for an estimated $4,525
- PNC FINANCIAL SERVICES GROUP, INC. added 2,316 shares (+inf%) to their portfolio in Q3 2025, for an estimated $4,238
- BANK OF NEW YORK MELLON CORP added 546 shares (+3.0%) to their portfolio in Q3 2025, for an estimated $999
- NISA INVESTMENT ADVISORS, LLC added 231 shares (+inf%) to their portfolio in Q3 2025, for an estimated $422
- SBI SECURITIES CO., LTD. added 0 shares (+0.0%) to their portfolio in Q3 2025, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$NXXT Analyst Ratings
Wall Street analysts have issued reports on $NXXT in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 09/02/2025
- ThinkEquity issued a "Buy" rating on 06/23/2025
To track analyst ratings and price targets for $NXXT, check out Quiver Quantitative's $NXXT forecast page.
$NXXT Price Targets
Multiple analysts have issued price targets for $NXXT recently. We have seen 2 analysts offer price targets for $NXXT in the last 6 months, with a median target of $5.5.
Here are some recent targets:
- Amit Dayal from HC Wainwright & Co. set a target price of $5.0 on 09/02/2025
- Ashok Kumar from ThinkEquity set a target price of $6.0 on 06/23/2025
Full Release
MIAMI, FL, Nov. 07, 2025 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ:NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced preliminary unaudited financial results for October 2025.
October 2025 Highlights:
- Revenue: $7.39 million, up 196% year-over-year from $2.50 million in October 2024
- Year-to-date revenue through October reached approximately $65.8 million, surpassing full-year 2024 revenue of ~$27 by more than double.
These results demonstrate the company's continued expansion, with year-to-date revenue more than doubling all of 2024. The growth reflects stronger utilization from both new and existing customers, confirming NextNRG's ability to expand market share while sustaining operational growth.
"October marks another strong month of year-over-year growth, demonstrating the continued strength of our platform and the expanding adoption of our services," said Michael D. Farkas, Executive Chairman and CEO of NextNRG. "With year-to-date revenue already more than doubling last year's total in ten months, our momentum remains clear. We continue to execute our multi-state expansion strategy while advancing our integrated energy platform, including RenCast development, smart microgrid deployments, and our wireless EV charging solutions."
NextNRG's strong financial performance builds on the ongoing development and implementation of the company's comprehensive energy solutions, including Smart Microgrid Controller technology to forecast power prices, workloads and optimize battery utilization; NextUOS® Utility Operating System to optimize uptime and coordinate multiple power sources; and RENCAST™ Predictive Analytics. Additionally, the company's subsidiary mobile onsite refueling platform, EzFill, expanded into a new region during the month, further supporting NextNRG's nationwide growth strategy.
October reflected a 5% sequential revenue increase compared to September's $7.07 million, following normal month-to-month variability in commercial fleet operations. The company's year-over-year trajectory remains robust with consistent triple-digit growth.
With its combination of accelerating market demand, proprietary technologies, and targeted growth initiatives, NextNRG believes it remains on track to achieve its near-term profitability timeline.
Note on Preliminary Results
The financial results for October 2025 are preliminary and unaudited. Final results may differ and will be confirmed upon the completion of standard month-end closing procedures.
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
[email protected]
