NextPlat (NXPL) Cost of Revenue (2015 - 2026)
NextPlat (NXPL) reported Cost of Revenue of $6.4 million for Q1 2026, down 41.76% year-over-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) has 12 years of Cost of Revenue data on file, last reported at $6.4 million in Q1 2026.
- Quarterly Cost of Revenue fell 41.76% year-over-year to $6.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $38.8 million (down 18.33% YoY) and the FY2025 annual result came in at $43.4 million, down 11.53% from the prior year.
- Cost of Revenue slipped to $6.4 million in Q1 2026 per NXPL's latest filing, from $11.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $13.5 million in Q4 2024 and bottomed at $2.0 million in Q3 2022.
- The 5-year median for Cost of Revenue is $10.7 million (2023), against an average of $7.9 million.
- The widest annual swing landed in 2024, when Cost of Revenue soared 460.09%; it then tumbled 41.76% in 2026.
- Tracing NXPL's Cost of Revenue over 5 years: stood at $2.2 million in 2022, then surged by 419.66% to $11.4 million in 2023, then advanced by 18.76% to $13.5 million in 2024, then dropped by 18.73% to $11.0 million in 2025, then tumbled by 41.29% to $6.4 million in 2026.
- Per Business Quant, the three latest NXPL Cost of Revenue figures stand at $6.4 million (Q1 2026), $11.0 million (Q4 2025), and $11.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 4.02 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.62 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 940.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 211.49 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.71 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 1.79 Bn |
| 10 | NextPlat | 16.43 Mn | 5.52 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 |
| Sep 30, 2023 | 10.71 Mn |
| Sep 30, 2023 | 10.71 Mn |
| Jun 30, 2023 | 2.11 Mn |
| Jun 30, 2023 | 2.11 Mn |
| Mar 31, 2023 | 2.26 Mn |
| Mar 31, 2023 | 2.26 Mn |
| Dec 31, 2022 | 2.19 Mn |
| Dec 31, 2022 | 2.19 Mn |
| Sep 30, 2022 | 1.95 Mn |
| Sep 30, 2022 | 1.95 Mn |
| Jun 30, 2022 | 2.30 Mn |
| Jun 30, 2022 | 2.30 Mn |
| Mar 31, 2022 | 2.78 Mn |
| Mar 31, 2022 | 2.78 Mn |
| Dec 31, 2021 | 1.68 Mn |
| Dec 31, 2021 | 1.68 Mn |
| Sep 30, 2021 | 1.76 Mn |
| Sep 30, 2021 | 1.76 Mn |
| Jun 30, 2021 | 1.41 Mn |
| Jun 30, 2021 | 1.41 Mn |
| Mar 31, 2021 | 1.02 Mn |
| Mar 31, 2021 | 1.02 Mn |
| Dec 31, 2020 | 1.30 Mn |
| Dec 31, 2020 | 1.30 Mn |
| Sep 30, 2020 | 1.08 Mn |
| Sep 30, 2020 | 1.08 Mn |
| Jun 30, 2020 | 962,562.00 |
| Jun 30, 2020 | 962,562.00 |
| Mar 31, 2020 | 1.12 Mn |
| Mar 31, 2020 | 1.12 Mn |
| Dec 31, 2019 | 1.09 Mn |
| Dec 31, 2019 | 1.09 Mn |
| Sep 30, 2019 | 1.37 Mn |
| Sep 30, 2019 | 1.37 Mn |
| Jun 30, 2019 | 1.13 Mn |
| Jun 30, 2019 | 1.13 Mn |
| Mar 31, 2019 | 1.05 Mn |
| Mar 31, 2019 | 1.05 Mn |
| Dec 31, 2018 | 1.02 Mn |
| Dec 31, 2018 | 1.02 Mn |
| Sep 30, 2018 | 1.14 Mn |
| Sep 30, 2018 | 1.14 Mn |
| Jun 30, 2018 | 1.24 Mn |
| Jun 30, 2018 | 1.24 Mn |
| Mar 31, 2018 | 1.29 Mn |
| Mar 31, 2018 | 1.29 Mn |
| Dec 31, 2017 | 1.26 Mn |
| Dec 31, 2017 | 1.26 Mn |
| Sep 30, 2017 | 1.24 Mn |
| Sep 30, 2017 | 1.24 Mn |
| Jun 30, 2017 | 1.27 Mn |
| Jun 30, 2017 | 1.27 Mn |
| Mar 31, 2017 | 1.07 Mn |
| Mar 31, 2017 | 1.07 Mn |
| Dec 31, 2016 | 687,885.00 |
| Dec 31, 2016 | 687,885.00 |
| Sep 30, 2016 | 1.04 Mn |
| Sep 30, 2016 | 1.04 Mn |
| Jun 30, 2016 | 1.00 Mn |
| Jun 30, 2016 | 1.00 Mn |
| Mar 31, 2016 | 856,920.00 |
| Mar 31, 2016 | 856,920.00 |
| Dec 31, 2015 | 835,850.00 |
| Dec 31, 2015 | 835,850.00 |
| Sep 30, 2015 | 697,862.00 |
| Sep 30, 2015 | 697,862.00 |