Core Insights - NextNRG, Inc. reported its strongest financial performance to date for Q3 2025, with significant revenue growth and margin expansion [1][4][9] Financial Performance - Revenue for Q3 2025 reached $22.9 million, a 232% increase compared to $6.9 million in Q3 2024, and up from $19.7 million in Q2 2025 [2][9] - Gross profit increased to $2.4 million, with gross profit margins expanding from 8% in Q2 2025 to 11% in Q3 2025 [2][9] - The company reported a net loss of approximately $14.9 million for Q3 2025, primarily due to non-cash stock-based compensation and growth-related investments [2][9] Operational Highlights - The mobile fueling division achieved its highest revenues and margins to date, contributing to the overall financial performance [5] - NextNRG is advancing AI-driven smart microgrid projects, focusing on sectors such as healthcare and large-scale commercial facilities, which are generating increasing interest from customers [6] - Development of bidirectional wireless EV charging technology is progressing, with plans for a demonstration in the near future [7] Strategic Focus - The company is executing on a growing pipeline of projects that leverage its integrated energy platform, which includes mobile fueling, smart microgrids, predictive analytics, and wireless EV charging [9][10] - NextNRG aims to lead the transition to intelligent, distributed power by integrating AI and machine learning into its utility infrastructure and energy management systems [11][12]
NextNRG Reports Q3 2025 Revenues Up 232% Year-Over-Year
Globenewswire·2025-11-17 13:00