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NextNRG Highlights Critical Need for Resilient Energy Infrastructure as San Francisco Outage Exposes Urban Vulnerabilities
Globenewswire· 2025-12-23 14:00
Company's AI-Driven Smart Microgrids and Next Utility Operating System Provide Blueprint for Preventing Infrastructure Failures in Modern CitiesMiami, FL, Dec. 23, 2025 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ:NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today highlighted the critical importance of resilient, distributed energy infrastructure following last weekend's San Francisco power outage that disrupted autonomous vehicles, caused signifi ...
NextNRG Reports Q2 2025 Revenues Up 166% Year-Over-Year
Prism Media Wire· 2025-08-15 12:30
Core Insights - NextNRG reported a remarkable 166% year-over-year revenue growth for Q2 2025, reaching $19.7 million compared to $7.4 million in Q2 2024, driven by strong market demand for its integrated energy solutions [3][4][5] - The company achieved a gross profit of $1.6 million, a significant increase from $547,000 in the same quarter last year, reflecting a 189% growth in gross profit [4][5] - Despite the revenue growth, NextNRG reported a net loss of $36.1 million, which included a $30.8 million operating loss primarily due to a non-cash stock-based compensation expense of approximately $25.5 million [4][6] Financial Highlights - Revenue for Q2 2025 was $19.7 million, up from $7.4 million in Q2 2024, marking a 166% increase [4] - Gross profit increased to $1.6 million from $547,000, representing a 189% growth [4] - The operating loss was $30.8 million, compared to $2.6 million in Q2 2024, largely due to stock-based compensation [4][6] - Net loss for the quarter was $36.1 million, up from $5.6 million in the previous year [4] Strategic Developments - NextNRG is advancing its integrated energy strategy with ongoing deployments of smart microgrids and wireless EV charging programs, aiming for commercial launch [5][8] - The company is expanding its integrated platform across three revenue streams: Utility Operating System, Smart Microgrids, and Wireless EV Charging [7][12] - A strategic partnership with Hudson Sustainable Group aims to accelerate U.S. energy infrastructure buildout, providing priority access to capital for NextNRG's projects [12] - The company has extended operations into Oklahoma, marking its seventh state of operation, and has secured a long-term agreement with a major fleet operator [12] Operational Achievements - NextNRG achieved a record monthly performance in July 2025 with preliminary revenue of $8.19 million, representing a 236% year-over-year growth [12] - The company is enhancing its mobile fueling operations by integrating sustainable energy solutions and expanding its fleet of fuel delivery trucks [9][12] - A newly formed Strategic Advisory Board, chaired by Gary M. Goldfarb, will guide the company's commercial and industrial facility expansion [12]