NextBoat (NXB) Income Statement

NextBoat reported revenue of $119.87M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 21.1% from $99.00M a year earlier. NextBoat posted a net loss of $1.87M, compared with net income of $991.68K a year earlier. Gross margin was 9.6% and operating margin 0.4%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $59.06M, up 88.4% from the same quarter a year earlier.

NextBoat Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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NextBoat Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023
Period ending	Dec 2025	Dec 2024	Dec 2023
Revenue & Gross Profit
Revenue	119.87	99.00	91.84
Cost of Revenue	108.40	90.21	82.69
Gross Profit	11.47	8.78	9.15
Operating Expenses
Research & Development	0.00	0.00	0.00
Selling, General & Administrative	10.69	5.84	5.89
Operating Expenses	11.00	6.10	6.11
Operating Income	0.46	2.68	3.04
Other Income/Expense
Interest Income	0.00	0.00	0.00
Interest Expense	2.26	1.62	1.67
Other Income/Expense	-2.47	-1.69	-1.74
Income
Income Before Tax	-2.00	0.99	1.30
Income Tax Expense	-0.13	0.00	0.00
Net Income	-1.87	0.99	1.30
Net Income - Continuous Operations	-1.87	0.99	1.30
Net Income - Discontinued Operations	-	-	-
EBITDA	0.77	2.87	3.26
EBIT	0.46	2.68	2.97
Depreciation & Amortization	0.31	0.26	0.22
Earnings Per Share
Basic EPS	-	-	-
Diluted EPS	-	-	-
Basic Shares Outstanding	20.51	20.00	20.00
Diluted Shares Outstanding	20.51	20.00	20.00

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About NextBoat Financial Statements

What was NextBoat's revenue in fiscal 2025?

NextBoat reported revenue of $119.87M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 21.1% from $99.00M a year earlier.

Is NextBoat profitable?

No. NextBoat reported a net loss of $1.87M in fiscal 2025. In fiscal 2024 it earned $991.68K.

What is NextBoat's operating margin?

NextBoat's operating income was $462.91K on revenue of $119.87M in fiscal 2025, an operating margin of 0.4%, compared with 2.7% 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