NextPlat (NXPL) Gross Margin (2015 - 2026)
NextPlat (NXPL) posted quarterly Gross Margin of 34.62% for Q1 2026, up 1406.0% year-over-year from 2.3% in Q1 2025, and up 142.26% quarter-over-quarter from 14.29% in Q4 2025.
NextPlat (NXPL) Gross Margin (2015 - 2026) Analysis & Trends
NextPlat (NXPL) has reported Gross Margin for 12 consecutive years, with 34.62% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 1406.0% year-over-year to 34.62%; the TTM figure through Mar 2026 stood at 21.86% (down 215.0% YoY), while the FY2025 annual figure was 20.08%, down 566.0% from the prior year.
- Gross Margin climbed 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.
- Historically, Gross Margin has averaged 24.11% across 5 years, with a median of 22.39% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 1484 bps — and 2024, when it tumbled 1482 bps.
- NextPlat's Gross Margin stood at 16.8% in 2022, then jumped by 88 bps to 31.64% in 2023, then tumbled by 47 bps to 16.81% in 2024, then slipped by 15 bps to 14.29% in 2025, then jumped by 142 bps to 34.62% in 2026.
- Business Quant data shows NXPL's Gross Margin at 34.62% in Q1 2026, 14.29% in Q4 2025, and 19.85% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | NextPlat | 22.27 Mn | 11.36 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% |