Pharmacy Prescription & Other Revenue, Net Of Pbm Fees was NextPlat’s largest product and service line in fiscal 2025, bringing in $35.70M of $54.32M (66%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Pharmacy Prescription & Other Revenue, Net Of Pbm Fees | — | $21.41M | $41.91M | $35.70M |
| E-Commerce Revenue | — | — | — | $14.61M |
| E-Commerce | $11.71M | $10.98M | $13.79M | — |
| Pharmacy 340B Contract | — | $5.37M | $10.38M | $4.01M |
| Total | $11.71M | $37.76M | $66.08M | $54.32M |
NextPlat brought in $54.32M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. NextPlat regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $66.08M. Pharmacy Prescription & Other Revenue, Net Of Pbm Fees was the largest at $35.70M (65.7%), ahead of E-Commerce Revenue at $14.61M (26.9%) and Pharmacy 340B Contract at $4.01M (7.4%).
Compared with fiscal 2024, Pharmacy Prescription & Other Revenue, Net Of Pbm Fees fell 14.8% to $35.70M and Pharmacy 340B Contract fell 61.4% to $4.01M.
NextPlat began breaking out Pharmacy Prescription & Other Revenue, Net Of Pbm Fees in fiscal 2023, E-Commerce Revenue in fiscal 2025 and Pharmacy 340B Contract in fiscal 2023. NextPlat stopped reporting E-Commerce as a separate line after fiscal 2024, when it brought in $13.79M.
Healthcare Operations was NextPlat’s largest segment in fiscal 2025, bringing in $39.71M of $54.32M (73%).
| Segment | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Healthcare Operations | — | $26.78M | $52.29M | $39.71M |
| E-Commerce | $11.71M | $10.98M | $13.79M | $14.61M |
| Total | $11.71M | $37.76M | $66.08M | $54.32M |
NextPlat brought in $54.32M from its two segments in fiscal 2025, the year ended December 31, 2025. That was down 17.8% from $66.08M in fiscal 2024. Healthcare Operations was the largest at $39.71M (73.1%), ahead of E-Commerce at $14.61M (26.9%).
Compared with fiscal 2024, E-Commerce grew 5.9% to $14.61M, while Healthcare Operations fell 24.1% to $39.71M.
NextPlat began breaking out Healthcare Operations in fiscal 2023, when it brought in $26.78M.
Europe was NextPlat’s largest region in fiscal 2022, bringing in $8.62M of $11.71M (74%).
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|---|---|---|
| Europe | $4.15M | $3.66M | $5.15M | $8.62M | ||
| North America | $1.16M | $1.53M | $1.78M | $2.15M | ||
| Asia Pacific | — | $420.05K | $695.77K | $760.00K | ||
| Asia & Pacific | $414.73K | — | — | — | ||
| South America | $42.21K | $34.92K | $37.14K | $45.00K | ||
| Africa | $46.78K | $43.95K | $84.38K | $136.00K | ||
| Australia & Oceania | $50.75K | — | — | — | ||
| Total | $5.87M | $5.69M | $7.74M | $11.71M |
NextPlat brought in $11.71M from its five regions in fiscal 2022, the year ended December 31, 2022. That was up 51.3% from $7.74M in fiscal 2021. Europe was the largest at $8.62M (73.6%), ahead of North America at $2.15M (18.4%) and Asia Pacific at $760.00K (6.5%). The other two regions brought in $181.00K combined.
Compared with fiscal 2021, Europe grew fastest, up 67.4% to $8.62M. Every region above 2% of revenue grew.
NextPlat began breaking out Asia Pacific in fiscal 2020, when it brought in $420.05K. NextPlat stopped reporting Asia & Pacific ($414.73K in fiscal 2019) and Australia & Oceania ($50.75K in fiscal 2019) as separate regions.
NextPlat (NXPL) reports its revenue by product and service, by segment and by geography. In fiscal 2025, Pharmacy Prescription & Other Revenue, Net Of Pbm Fees was its largest product and service line, bringing in $35.70M (65.7% of the total), followed by E-Commerce Revenue at $14.61M (26.9%).
Pharmacy Prescription & Other Revenue, Net Of Pbm Fees was NextPlat's largest product and service line in fiscal 2025, bringing in $35.70M, or 65.7% of the $54.32M total across its three product and service lines.
Healthcare Operations was NextPlat's largest segment in fiscal 2025, bringing in $39.71M, or 73.1% of the $54.32M total across its two segments.
Europe was NextPlat's largest region in fiscal 2022, bringing in $8.62M, or 73.6% of the $11.71M total across its five regions.
E-Commerce grew faster than Healthcare Operations in fiscal 2025, up 5.9% from $13.79M to $14.61M. Healthcare Operations fell 24.1% to $39.71M.
Every figure comes from NextPlat's annual financial filings, as reported. Each line keeps the name NextPlat gives it, and years follow its fiscal calendar.
NextPlat's revenue by product and service goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.