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| 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 |