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
DateValue
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%