NextPlat (NXPL) Cost of Revenue (2015 - 2026)
NextPlat's (NXPL) quarterly Cost of Revenue came in at $6.4 million in Q1 2026, down 41.76% year-on-year from $11.1 million in Q1 2025, and down 41.29% on a QoQ basis from $11.0 million in Q4 2025.
NextPlat (NXPL) Cost of Revenue (2015 - 2026) Analysis & Trends
NextPlat (NXPL) has 12 years of Cost of Revenue data on file, last reported at $6.4 million in Q1 2026.
- On a quarterly basis, Cost of Revenue fell 41.76% year-over-year to $6.4 million in Q1 2026; TTM through Mar 2026 was $38.8 million, a 18.33% decrease from a year earlier, with the FY2025 full-year figure at $43.4 million, down 11.53% from the prior year.
- Cost of Revenue for Q1 2026 stood at $6.4 million, down from $11.0 million in the prior quarter.
- Over the last five years, Cost of Revenue for NXPL reached as high as $13.5 million in Q4 2024 and fell as low as $2.0 million in Q3 2022.
- Historically, Cost of Revenue has averaged $7.9 million across 5 years, with a median of $10.7 million in 2023.
- Across the five-year window, Cost of Revenue soared 460.09% in 2024 and tumbled 41.76% in 2026, its largest moves.
- Year by year, Cost of Revenue stood at $2.2 million in 2022, then jumped by 419.66% to $11.4 million in 2023, then gained by 18.76% to $13.5 million in 2024, then slipped by 18.73% to $11.0 million in 2025, then slumped by 41.29% to $6.4 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $6.4 million in Q1 2026, $11.0 million in Q4 2025, and $11.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | NextPlat | 15.97 Mn | 4.96 Mn | 3.41 Mn | 6.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.44 Mn |
| Mar 31, 2026 | 6.44 Mn |
| Dec 31, 2025 | 10.98 Mn |
| Dec 31, 2025 | 10.98 Mn |
| Sep 30, 2025 | 11.02 Mn |
| Sep 30, 2025 | 11.02 Mn |
| Jun 30, 2025 | 10.36 Mn |
| Jun 30, 2025 | 10.36 Mn |
| Mar 31, 2025 | 11.06 Mn |
| Mar 31, 2025 | 11.06 Mn |
| Dec 31, 2024 | 13.50 Mn |
| Dec 31, 2024 | 13.50 Mn |
| Sep 30, 2024 | 11.81 Mn |
| Sep 30, 2024 | 11.81 Mn |
| Jun 30, 2024 | 11.13 Mn |
| Jun 30, 2024 | 11.13 Mn |
| Mar 31, 2024 | 12.63 Mn |
| Mar 31, 2024 | 12.63 Mn |
| Dec 31, 2023 | 11.37 Mn |
| Dec 31, 2023 | 11.37 Mn |