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Thursday, April 16th, 2026

NextNRG Reports 195% Revenue Growth to $81.8M in 2025, Expands Margins and Signs Long-Term Energy Agreements





NextNRG, Inc. Reports Record 2025 Financial Results with Triple-Digit Growth

NextNRG, Inc. Reports Record 2025 Financial Results with Triple-Digit Growth and Strategic Milestones

Key Highlights

  • Revenue Soars 195%: Full-year 2025 revenue reached \$81.8 million, up from \$27.8 million in 2024.
  • Gross Profit and Margin Improve: Gross profit surged to \$6.9 million (up 286% YoY), with consolidated gross margin rising to 8.4% compared to 6.4% in 2024.
  • Adjusted EBITDA Nearly Doubles: Adjusted EBITDA climbed to \$17.1 million from \$8.9 million in 2024, representing a 91% increase.
  • Fourth Quarter Strength: Q4 revenue was approximately \$23 million, with December 2025 revenue up 253% YoY and fuel volumes reaching 2.53 million gallons. Q4 gross margin in the fuel delivery business hit 10.4%.
  • Strategic Progress: The company signed its first long-term energy infrastructure agreements, expanded into new markets, and successfully integrated acquired fleet assets.

Full Year 2025 Financial Details

NextNRG, Inc. (NASDAQ: NXXT), a leader in AI-driven energy innovation, reported record financial results for the year ended December 31, 2025. Revenue for the year soared to \$81,835,279, a remarkable 195% increase over 2024. This growth was driven by the expansion of NextNRG’s Mobile Fuel Delivery platform, fleet integration, entry into new markets, and increased commercial fleet activity.

Gross profit rose to \$6,907,030 (up 286% YoY), and consolidated gross margin improved to 8.4% from 6.4% in the prior year. The company attributed these improvements to enhanced operational efficiency and network scale.

Profitability and Losses

Despite significant revenue growth, NextNRG reported a GAAP operating loss of \$70.2 million and a net loss of \$88.2 million. These losses were impacted by substantial non-cash expenses, including \$42.6 million in stock-based compensation, \$17 million in interest expense, and an \$8.5 million impairment charge. Adjusted EBITDA, which excludes these items, was \$17.1 million, up 91% from the previous year.

Net Loss to Adjusted EBITDA Reconciliation

Metric FY 2025 FY 2024
Net Loss (GAAP) \$(88,175,997) \$(21,396,633)
Interest Expense, net \$17,983,449 \$9,367,915
Depreciation & Amortization \$2,689,293 \$1,545,806
Impairment Charges \$8,535,825 \$13,422
Stock-based Compensation \$42,589,563 \$1,531,640
Adjusted EBITDA \$17,090,337 \$8,937,850

Fourth Quarter 2025: Momentum Builds

The fourth quarter of 2025 marked the company’s strongest period, with mobile fuel delivery revenue totaling about \$23 million. Monthly breakdowns show October revenue at \$7.4 million, November at \$7.5 million, and December at \$8.0 million. December’s revenue alone was up 253% year-over-year, with fuel volumes of 2.53 million gallons. Notably, gross margin in Q4 improved to 10.4%, above the full-year average, due to route optimization, tighter scheduling, and improved fleet utilization in mature markets.

Strategic Milestones and Pipeline Expansion

In 2025, NextNRG made significant strategic advancements. The company:

  • Expanded its operational footprint and integrated acquired fleet assets
  • Signed its first long-term energy infrastructure agreements that combine on-site generation, battery storage, and intelligent energy management under long-term contracts
  • Established a strong pipeline of smart microgrid opportunities across sectors such as healthcare, manufacturing, amusement parks, municipalities, and logistics facilities

Management emphasized that these milestones have laid the operational foundation for converting pipeline opportunities into contracted revenue and improving unit economics across the fueling platform.

Management Commentary

“2025 was the year we scaled the platform,” said Michael D. Farkas, Founder and CEO. “We almost tripled revenue, expanded nationally, improved margins, and signed our first infrastructure contracts. We believe these milestones position the Company for continued operational improvement and long-term growth.”

What Shareholders Need to Know

  • Exceptional Revenue Growth: The nearly 200% YoY revenue growth, combined with improved gross margins, signals operational leverage and market acceptance of NextNRG’s offerings.
  • First Long-term Contracts: The signing of long-term energy infrastructure agreements marks a shift to potentially more stable, recurring revenue streams—a material positive for valuation models.
  • Rising Non-Cash Expenses: Large non-cash stock-based compensation and impairment charges have driven GAAP losses. Investors should focus on Adjusted EBITDA and operating cash flows as alternative performance metrics.
  • Pipeline Strength: The active and diversified project pipeline, if converted, could support future revenue and margin growth.
  • Q4 Outperformance: Q4’s sequential margin improvement suggests positive operating trends and potential for further profitability as scale increases.

About NextNRG, Inc.

NextNRG integrates artificial intelligence (AI) and machine learning (ML) into utility infrastructure, battery storage, wireless EV in-motion charging, renewable energy, and mobile fuel delivery, creating a unified platform for modern energy management. Its Next Utility Operating System® optimizes infrastructure across microgrids, utilities, and fleet operations, serving commercial, healthcare, educational, tribal, and government sites.

For more information, visit www.nextnrg.com.

Forward-Looking Statements

This article may contain forward-looking statements reflecting management’s current expectations, projections, and beliefs about future events. These statements are subject to risks and uncertainties that may cause actual results to differ materially. Investors should review NextNRG’s filings with the SEC for further risk disclosures. No assurance can be given that future results will meet management’s expectations.


Disclaimer: This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. Investors should conduct their own due diligence and consult with their financial advisors before making investment decisions. The author and publisher shall not be liable for any actions taken based on this information.




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