NextTrip (NTRP) Financial Statements & Analysis

NextTrip (NTRP) Income Statement

NextTrip reported revenue of $3.72M in fiscal 2026 (fiscal year ended Feb 28, 2026), up 641.0% from $501.42K a year earlier. NextTrip posted a net loss of $15.91M, compared with a net loss of $10.12M a year earlier. Gross margin was 17.6% and operating margin -428.0%. In the most recent quarter, Q1 fiscal 2027 (ended May 31, 2026), revenue was $1.45M, up 945.7% from the same quarter a year earlier.

NextTrip Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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NextTrip, Inc. income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Feb 2026	Feb 2025	Feb 2024	Dec 2023	Feb 2023	Dec 2022	Feb 2022	Dec 2021	Dec 2020	Dec 2019	Mar 2019	Dec 2016
Revenue & Gross Profit
Revenue	3.72	0.50	0.46	0.38	0.38	0.63	0.18	0.81	0.40	0.39	0.64	0.97
Cost of Revenue	3.06	0.50	0.40	0.35	0.35	0.35	0.16	0.59	0.57	0.27	0.27	0.23
Gross Profit	0.65	0.00	0.06	0.03	0.03	0.28	0.28	0.22	-0.17	0.12	0.37	0.74
Operating Expenses
Research & Development	1.05	0.84	0.31	0.55	0.55	0.65	-	0.35	0.65	0.49	0.30	0.12
Selling, General & Administrative	11.20	5.33	3.78	3.45	4.21	6.68	4.31	4.30	3.93	4.40	3.35	2.78
Operating Expenses	16.55	8.42	7.31	4.98	0.00	8.95	0.00	5.91	6.21	5.69	4.27	0.74
Operating Income	-15.90	-8.41	-7.25	-4.95	0.03	-8.67	0.28	-5.70	-6.38	-5.57	-3.90	-2.42
Other Income/Expense
Interest Income	0.00	0.00	-	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	1.11	0.00	0.05	0.01	-0.07	0.01	-	0.01	0.00	0.00	0.00	0.00
Other Income/Expense	1.11	-1.12	0.64	-0.08	-0.07	-0.02	1.13	0.50	0.06	-0.01	-0.53	0.23
Income
Income Before Tax	-15.90	-10.12	-6.66	-5.03	-5.03	-8.69	-5.44	-5.20	-6.32	-5.57	-4.42	-2.20
Income Tax Expense	0.00	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.00	0.00
Net Income	-15.91	-10.12	-7.33	-5.03	0.03	-8.69	0.28	-5.20	-6.32	-5.57	-4.42	-2.20
Net Income - Continuous Operations	-15.91	-10.13	-6.66	-5.03	-5.03	-8.69	-	-5.20	-6.32	-5.57	-4.42	-2.20
Net Income - Discontinued Operations	-	0.01	-0.68	-	-	-	-	-	-	-	-	-
EBITDA	-14.80	-7.70	-5.78	-4.24	-4.86	-8.57	-5.31	-5.08	-6.12	-5.38	-3.71	-1.98
EBIT	-15.90	-8.41	-7.25	-	-4.89	-8.69	-5.35	-	-	-	-	-
Depreciation & Amortization	1.10	0.71	1.47	0.72	0.03	0.12	0.04	0.11	0.19	0.19	0.20	0.18
Earnings Per Share
Basic EPS	-2.00	-2.00	-32.00	-17.00	-70.00	-17.00	-1.00	-37.00	-107.00	-162.00	-201.00	-140.00
Diluted EPS	-2.00	-2.00	-32.00	-17.00	-70.00	-17.00	-1.00	-37.00	-107.00	-162.00	-201.00	-140.00
Basic Shares Outstanding	8.93	4.57	0.23	0.52	0.07	0.52	0.07	0.19	0.06	0.03	0.02	0.02
Diluted Shares Outstanding	8.93	4.57	0.23	0.52	0.07	0.52	0.07	0.19	0.06	0.03	0.02	0.02

Source: Company financial statements from annual and quarterly filings. Data as of May 31, 2026. Data sources and methodology

Frequently Asked Questions About NextTrip Financial Statements

What was NextTrip's revenue in fiscal 2026?

NextTrip reported revenue of $3.72M in fiscal 2026 (fiscal year ended Feb 28, 2026). That was up 641.0% from $501.42K a year earlier.

Is NextTrip profitable?

No. NextTrip reported a net loss of $15.91M in fiscal 2026. In fiscal 2025 it lost $10.12M.

What is NextTrip's operating margin?

NextTrip's operating income was −$15.90M on revenue of $3.72M in fiscal 2026, an operating margin of -428.0%, compared with -1677.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition