Growth Metrics

NextPlat (NXPL) Gross Margin (2016 - 2022)

Historic Gross Margin for NextPlat (NXPL) over the last 9 years, with Q3 2022 value amounting to 25.8%.

  • NextPlat's Gross Margin rose 38900.0% to 25.8% in Q3 2022 from the same period last year, while for Sep 2022 it was 21.83%, marking a year-over-year decrease of 17000.0%. This contributed to the annual value of 24.03% for FY2021, which is 24900.0% up from last year.
  • Latest data reveals that NextPlat reported Gross Margin of 25.8% as of Q3 2022, which was up 38900.0% from 19.76% recorded in Q2 2022.
  • Over the past 5 years, NextPlat's Gross Margin peaked at 29.94% during Q1 2021, and registered a low of 4.99% during Q4 2018.
  • For the 5-year period, NextPlat's Gross Margin averaged around 21.22%, with its median value being 21.91% (2021).
  • Per our database at Business Quant, NextPlat's Gross Margin skyrocketed by 178200bps in 2019 and then plummeted by -83100bps in 2020.
  • NextPlat's Gross Margin (Quarter) stood at 4.99% in 2018, then soared by 357bps to 22.8% in 2019, then plummeted by -36bps to 14.49% in 2020, then rose by 29bps to 18.71% in 2021, then skyrocketed by 38bps to 25.8% in 2022.
  • Its Gross Margin was 25.8% in Q3 2022, compared to 19.76% in Q2 2022 and 22.39% in Q1 2022.