NextPlat (NXPL) Operating Expenses (2010 - 2026)

NextPlat's (NXPL) quarterly Operating Expenses came in at $4.5 million in Q1 2026, down 8.75% year-on-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) Operating Expenses (2010 - 2026) Analysis & Trends

NextPlat (NXPL) has 16 years of Operating Expenses data on file, last reported at $4.5 million in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 8.75% year-over-year to $4.5 million in Q1 2026; TTM through Mar 2026 was $19.5 million, a 68.19% decrease from a year earlier, with the FY2025 full-year figure at $19.9 million, down 50.28% from the prior year.
  • Operating Expenses for Q1 2026 stood at $4.5 million, down from $5.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for NXPL reached as high as $27.9 million in Q2 2024 and fell as low as $1.6 million in Q1 2022.
  • Historically, Operating Expenses has averaged $7.6 million across 5 years, with a median of $4.7 million in 2025.
  • Across the five-year window, Operating Expenses surged 564.09% in 2024 and slumped 83.1% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $3.1 million in 2022, then soared by 71.72% to $5.3 million in 2023, then decreased by 6.12% to $5.0 million in 2024, then grew by 10.17% to $5.5 million in 2025, then slipped by 18.31% to $4.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $4.5 million in Q1 2026, $5.5 million in Q4 2025, and $4.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 NextPlat 30,182.37 -10.88 Mn 3.41 Mn 4.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.52 Mn
Dec 31, 2025 5.53 Mn
Sep 30, 2025 4.72 Mn
Jun 30, 2025 4.71 Mn
Mar 31, 2025 4.95 Mn
Dec 31, 2024 5.02 Mn
Sep 30, 2024 23.37 Mn
Jun 30, 2024 27.89 Mn
Mar 31, 2024 6.71 Mn
Dec 31, 2023 5.34 Mn
Sep 30, 2023 18.77 Mn
Jun 30, 2023 4.20 Mn
Mar 31, 2023 4.11 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