NextPlat (NXPL) Operating Expenses (2010 - 2026)
NextPlat (NXPL) posted quarterly 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% quarter-over-quarter from $5.5 million in Q4 2025.
NextPlat (NXPL) Operating Expenses (2010 - 2026) Analysis & Trends
NextPlat (NXPL) has reported Operating Expenses for 16 consecutive years, with $4.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 8.75% year-over-year to $4.5 million; the TTM figure through Mar 2026 stood at $19.5 million (down 68.19% YoY), while the FY2025 annual figure was $19.9 million, down 50.28% from the prior year.
- Operating Expenses fell 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.
- Historically, Operating Expenses has averaged $7.6 million across 5 years, with a median of $4.7 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Expenses jumped 564.09% — and 2025, when it plunged 83.1%.
- NextPlat's Operating Expenses stood at $3.1 million in 2022, then jumped by 71.72% to $5.3 million in 2023, then fell by 6.12% to $5.0 million in 2024, then advanced by 10.17% to $5.5 million in 2025, then retreated by 18.31% to $4.5 million in 2026.
- Business Quant data shows NXPL's Operating Expenses at $4.5 million in Q1 2026, $5.5 million in Q4 2025, and $4.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | NextPlat | 22.27 Mn | 11.36 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 | 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 |