NextPlat (NXPL) Gross Margin (2015 - 2026)
NextPlat's (NXPL) quarterly Gross Margin came in at 34.62% in Q1 2026, up 1406.0% year-on-year from 2.3% in Q1 2025, and up 142.26% on a QoQ basis from 14.29% in Q4 2025.
NextPlat (NXPL) Gross Margin (2015 - 2026) Analysis & Trends
NextPlat (NXPL) has 12 years of Gross Margin data on file, last reported at 34.62% in Q1 2026.
- On a quarterly basis, Gross Margin rose 1406.0% year-over-year to 34.62% in Q1 2026; TTM through Mar 2026 was 21.86%, a 215.0% decrease from a year earlier, with the FY2025 full-year figure at 20.08%, down 566.0% from the prior year.
- Gross Margin for Q1 2026 stood at 34.62%, up from 14.29% in the prior quarter.
- Over the last five years, Gross Margin for NXPL reached as high as 34.62% in Q1 2026 and fell as low as 14.29% in Q4 2025.
- Historically, Gross Margin has averaged 24.11% across 5 years, with a median of 22.39% in 2022.
- Across the five-year window, Gross Margin surged 1484 bps in 2023 and sank 1482 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 16.8% in 2022, then soared by 88 bps to 31.64% in 2023, then tumbled by 47 bps to 16.81% in 2024, then declined by 15 bps to 14.29% in 2025, then soared by 142 bps to 34.62% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 34.62% in Q1 2026, 14.29% in Q4 2025, and 19.85% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | NextPlat | 30,182.37 | -10.88 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 | 20.57% |
| 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% |