NextPlat (NXPL) Operating Expenses (2010 - 2026)
NextPlat (NXPL) reported Operating Expenses of $4.5 million for Q1 2026, down 8.75% year-over-year from $4.9 million in Q1 2025, and down 18.31% on a QoQ basis from $5.5 million in Q4 2025.
NextPlat (NXPL) has 16 years of Operating Expenses data on file, last reported at $4.5 million in Q1 2026.
- Quarterly Operating Expenses fell 8.75% year-over-year to $4.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $29.8 million (down 39.62% YoY) and the FY2025 annual result came in at $19.9 million, down 50.28% from the prior year.
- Operating Expenses eased to $4.5 million in Q1 2026 per NXPL's latest filing, from $5.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $27.9 million in Q2 2024 and bottomed at $1.6 million in Q1 2022.
- The 5-year median for Operating Expenses is $4.9 million (2025), against an average of $8.4 million.
- Peak annual rise in Operating Expenses reached 564.09% in 2024, while the deepest fall reached 75.43% in 2024.
- Tracing NXPL's Operating Expenses over 5 years: stood at $3.1 million in 2022, then soared by 556.11% to $20.4 million in 2023, then tumbled by 75.43% to $5.0 million in 2024, then increased by 10.17% to $5.5 million in 2025, then dropped by 18.31% to $4.5 million in 2026.
- Per Business Quant, the three latest NXPL Operating Expenses figures stand at $4.5 million (Q1 2026), $5.5 million (Q4 2025), and $4.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | NextPlat | 16.43 Mn | 5.52 Mn | 3.41 Mn | 4.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.52 Mn |
| Dec 31, 2025 | 5.53 Mn |
| Sep 30, 2025 | 4.72 Mn |
| Jun 30, 2025 | 15.07 Mn |
| Mar 31, 2025 | 4.95 Mn |
| Dec 31, 2024 | 5.02 Mn |
| Sep 30, 2024 | 23.37 Mn |
| Jun 30, 2024 | 16.75 Mn |
| Mar 31, 2024 | 6.71 Mn |
| Dec 31, 2023 | 20.42 Mn |
| Sep 30, 2023 | 8.06 Mn |
| Jun 30, 2023 | 6.31 Mn |
| Mar 31, 2023 | 1.86 Mn |
| Dec 31, 2022 | 3.11 Mn |
| Sep 30, 2022 | 2.84 Mn |
| Jun 30, 2022 | 2.10 Mn |
| Mar 31, 2022 | 1.64 Mn |
| Dec 31, 2021 | 3.92 Mn |
| Sep 30, 2021 | 2.73 Mn |
| Jun 30, 2021 | 1.09 Mn |
| Mar 31, 2021 | 736,446.00 |
| Dec 31, 2020 | 1.40 Mn |
| Sep 30, 2020 | 872,835.00 |
| Jun 30, 2020 | 446,936.00 |
| Mar 31, 2020 | 539,241.00 |
| Dec 31, 2019 | 624,708.00 |
| Sep 30, 2019 | 583,036.00 |
| Jun 30, 2019 | 644,231.00 |
| Mar 31, 2019 | 482,731.00 |
| Dec 31, 2018 | 645,781.00 |
| Sep 30, 2018 | 529,387.00 |
| Jun 30, 2018 | 469,115.00 |
| Mar 31, 2018 | 520,177.00 |
| Dec 31, 2017 | 507,878.00 |
| Sep 30, 2017 | 554,506.00 |
| Jun 30, 2017 | 1.12 Mn |
| Mar 31, 2017 | 533,042.00 |
| Dec 31, 2016 | 647,516.00 |
| Sep 30, 2016 | 571,797.00 |
| Jun 30, 2016 | 782,855.00 |
| Mar 31, 2016 | 742,020.00 |
| Dec 31, 2015 | 1.21 Mn |
| Sep 30, 2015 | 581,428.00 |
| Mar 31, 2013 | 170,021.00 |
| Sep 30, 2012 | 312,494.00 |
| Jun 30, 2012 | 271,763.00 |
| Mar 31, 2012 | 3.81 Mn |
| Dec 31, 2011 | 1.79 Mn |
| Sep 30, 2011 | 544,020.00 |
| Jun 30, 2011 | 866,517.00 |
| Mar 31, 2011 | 143,652.00 |
| Dec 31, 2010 | 232,758.00 |
| Sep 30, 2010 | 214,255.00 |
| Jun 30, 2010 | 2.70 Mn |