NextPlat (NXPL) Gross Margin (2015 - 2026)
NextPlat (NXPL) reported Gross Margin of 34.62% for Q1 2026, up 1406.0% year-over-year from 2.3% in Q1 2025, and up 142.26% on a QoQ basis from 14.29% in Q4 2025.
NextPlat (NXPL) has 12 years of Gross Margin data on file, last reported at 34.62% in Q1 2026.
- Quarterly Gross Margin rose 1406.0% year-over-year to 34.62% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.86% (down 215.0% YoY) and the FY2025 annual result came in at 20.08%, down 566.0% from the prior year.
- Gross Margin grew to 34.62% in Q1 2026 per NXPL's latest filing, from 14.29% in the prior quarter.
- Across five years, Gross Margin topped out at 34.62% in Q1 2026 and bottomed at 14.29% in Q4 2025.
- The 5-year median for Gross Margin is 22.39% (2022), against an average of 24.11%.
- The widest annual swing landed in 2023, when Gross Margin surged 1484 bps; it then sank 1482 bps in 2024.
- Tracing NXPL's Gross Margin over 5 years: stood at 16.8% in 2022, then jumped by 88 bps to 31.64% in 2023, then plunged by 47 bps to 16.81% in 2024, then fell by 15 bps to 14.29% in 2025, then jumped by 142 bps to 34.62% in 2026.
- Per Business Quant, the three latest NXPL Gross Margin figures stand at 34.62% (Q1 2026), 14.29% (Q4 2025), and 19.85% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | NextPlat | 16.43 Mn | 5.52 Mn | 3.41 Mn | 34.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.62% |
| Dec 31, 2025 | 14.29% |
| Sep 30, 2025 | 19.85% |
| Jun 30, 2025 | 21.77% |
| Mar 31, 2025 | 23.84% |
| Dec 31, 2024 | 16.81% |
| Sep 30, 2024 | 23.15% |
| Jun 30, 2024 | 34.48% |
| Mar 31, 2024 | 27.80% |
| Dec 31, 2023 | 31.64% |
| Sep 30, 2023 | 29.99% |
| Jun 30, 2023 | 28.54% |
| Mar 31, 2023 | 21.59% |
| Dec 31, 2022 | 16.80% |
| Sep 30, 2022 | 25.80% |
| Jun 30, 2022 | 19.76% |
| Mar 31, 2022 | 22.39% |
| Dec 31, 2021 | 18.71% |
| Sep 30, 2021 | 21.91% |
| Jun 30, 2021 | 27.68% |
| Mar 31, 2021 | 29.94% |
| Dec 31, 2020 | 14.49% |
| Sep 30, 2020 | 27.01% |
| Jun 30, 2020 | 21.12% |
| Mar 31, 2020 | 23.70% |
| Dec 31, 2019 | 22.80% |
| Sep 30, 2019 | 21.79% |
| Jun 30, 2019 | 19.45% |
| Mar 31, 2019 | 18.94% |
| Dec 31, 2018 | 4.99% |
| Sep 30, 2018 | 17.75% |
| Jun 30, 2018 | 22.26% |
| Mar 31, 2018 | 22.73% |
| Dec 31, 2017 | 13.23% |
| Sep 30, 2017 | 21.90% |
| Jun 30, 2017 | 18.93% |
| Mar 31, 2017 | 22.76% |
| Dec 31, 2016 | 24.85% |
| Sep 30, 2016 | 20.32% |
| Jun 30, 2016 | 15.46% |
| Mar 31, 2016 | 33.84% |
| Dec 31, 2015 | 16.01% |
| Sep 30, 2015 | 28.99% |