NextNRG reports $9.3 million revenue for May 2026, a 41% increase, with gross profit up 75% year-over-year.
Quiver AI Summary
NextNRG, Inc. announced its preliminary financial results for May 2026, highlighting a revenue of $9.3 million, which represents a 41% growth year-over-year, accompanied by a 75% increase in gross profit to approximately $827,000. Despite delivering about 1.9 million gallons of fuel—down 4% from the prior year—the company attributes its revenue growth to improved fleet deployment, dispatch efficiency, and route optimization. May has marked the fifth consecutive month of double-digit revenue growth for 2026, underscoring the platform's consistent performance as it scales. NextNRG continues to focus on its energy infrastructure projects and mobile fueling operations, while the results remain preliminary and pending final audit validation.
Potential Positives
- Revenue increased to $9.3 million, representing a 41% growth year-over-year.
- Gross profit rose to approximately $827,000, a 75% increase compared to May 2025.
- This marks the fifth consecutive month of double-digit year-over-year revenue growth in 2026, indicating a strong and consistent performance.
- Improvement in fleet deployment and operational efficiencies suggests a solid foundation for future growth and scalability.
Potential Negatives
- The preliminary and unaudited nature of the financial results signals potential instability or unreliability in the reported figures, leaving room for significant adjustments and uncertainty.
- The decrease in gallons delivered by approximately 4% year-over-year, despite revenue growth, suggests potential challenges in volume sales or market demand.
FAQ
What are the preliminary financial results for NextNRG in May 2026?
NextNRG reported preliminary revenue of $9.3 million, with a 41% growth year-over-year and a gross profit increase of 75%.
How many gallons did NextNRG deliver in May 2026?
NextNRG delivered approximately 1.9 million gallons in May 2026, a decline of about 4% compared to May 2025.
What are the key improvements NextNRG has made?
The company has improved fleet deployment, dispatch efficiency, and route optimization, contributing to higher revenue despite lower gallon deliveries.
What is the gross margin for NextNRG in May 2026?
The gross margin for May 2026 was reported at 8.9%, up from 7.1% in May 2025.
What future plans does NextNRG have for its operations?
NextNRG aims to advance its energy infrastructure segment and continues to optimize mobile fueling operations and its smart microgrid pipeline.
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 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $NXXT stock by insiders over the last 6 months:
- DANIEL RONALD ARBOUR has made 0 purchases and 2 sales selling 38,197 shares for an estimated $56,240.
- AVISHAI VAKNIN (Chief Technology Officer) sold 15,000 shares for an estimated $30,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NXXT Revenue
$NXXT had revenues of $23M in Q4 2025. This is an increase of 238.77% from the same period in the prior year.
You can track NXXT financials on Quiver Quantitative's NXXT stock page.
You can access data on NXXT stock through the Quiver Quantitative API.
$NXXT Hedge Fund Activity
We have seen 53 institutional investors add shares of $NXXT stock to their portfolio, and 23 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VANGUARD GROUP INC added 1,154,298 shares (+110.0%) to their portfolio in Q4 2025, for an estimated $1,673,732
- AQR CAPITAL MANAGEMENT LLC added 729,073 shares (+1560.5%) to their portfolio in Q1 2026, for an estimated $291,629
- B. RILEY WEALTH ADVISORS, INC. added 600,508 shares (+200.2%) to their portfolio in Q1 2026, for an estimated $240,203
- JAFFETILCHIN INVESTMENT PARTNERS, LLC removed 571,554 shares (-94.8%) from their portfolio in Q1 2026, for an estimated $228,621
- UBS GROUP AG added 511,349 shares (+791.9%) to their portfolio in Q1 2026, for an estimated $204,539
- FOREFRONT WEALTH PARTNERS, LLC removed 501,000 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $726,450
- BLACKROCK, INC. added 354,039 shares (+24.3%) to their portfolio in Q1 2026, for an estimated $141,615
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
MIAMI, FL, June 05, 2026 (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 May 2026.
“Revenue of $9.3 million, 41% top-line growth, and gross profit up 75% year-over-year, these are not isolated data points, they are telling the same story. We are delivering more value per gallon, managing costs with greater discipline, and building unit economics that matter for long-term performance. The platform is working, and we enter the second half of 2026 with the momentum and operational foundation to keep building on it,” said Michael D. Farkas, Founder and CEO of NextNRG.
May 2026 Highlights:
• Revenue: $9.3 million, up 41% year-over-year from $6.6 million in May 2025
• Gallons Delivered: approximately 1.9 million gallons, down approximately 4% year-over-year from approximately 2.0 million gallons in May 2025
• Gross Profit: approximately $827,000, up 75% year-over-year from approximately $472,000 in May 2025 (preliminary)
• Gross Margin: 8.9%, compared to 7.1% in May 2025
May 2026 revenue of $9.3 million reflects 41% growth over May 2025, achieved on approximately 1.9 million gallons delivered, down approximately 4% from approximately 2.0 million gallons delivered in May 2025. The combination of meaningfully higher revenue on a lower gallon base reflects continued improvement in fleet deployment, dispatch efficiency, and route optimization. May marks the fifth consecutive month of double-digit year-over-year revenue growth in 2026, demonstrating the consistency of the platform’s performance as the business scales.
The Company continues to advance its energy infrastructure segment, including its smart microgrid pipeline, while remaining focused on scaling and optimizing its mobile fueling operations.
Note on Preliminary Results
The financial results for May 2026 are preliminary and unaudited. Gross profit figures remain in process as not all fuel purchases for the period have been received and recorded. 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]
