---
title: "Next Technology Holding 2025 10-K: $11.6M revenue, $61.77 EPS"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281225459.md"
description: "Next Technology Holding reported a revenue of $11.61 million for 2025, a significant increase from $1.80 million in 2024, with a net income per share of $61.77, largely due to fair value gains on digital assets. However, the company faced an operating loss of $(80.20) million, attributed to share-based compensation and R&D expenses. The revenue growth was driven by four new commercial agreements in AI software across various sectors. The shift towards complex AI solutions and an active digital asset strategy impacted liquidity planning and operational results."
datetime: "2026-03-31T17:35:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281225459.md)
  - [en](https://longbridge.com/en/news/281225459.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281225459.md)
---

# Next Technology Holding 2025 10-K: $11.6M revenue, $61.77 EPS

Next Technology Holding reported revenue of $11.61 million for the year, a sharp increase from $1.80 million a year earlier, while net income per share was $61.77 driven largely by fair value gains on digital assets; operating results were weighed down by substantial share‑based compensation and R&D spending. The results reflect a transition to more complex, resource‑intensive AI software engagements and an active digital‑asset accumulation strategy that materially affected reported net income and liquidity planning. Management noted execution of multiple commercial agreements that underpin near‑term revenue growth.

**Financial Highlights**

-   **Service revenue**: $11.61 million, up from $1.80 million in 2024; growth driven by four new commercial agreements.
-   **Gross profit**: $1.76 million, up from $1.07 million; gross margin declined to 15.1% from 59.4% due to higher third‑party costs.
-   **Loss from operations**: $(80.20) million, compared to $(16,804); operating loss widened primarily from share‑based compensation and increased R&D.
-   **Net income from continuing operations**: $143.16 million, up from $21.54 million, driven primarily by fair value gains on digital assets.
-   **Net income per share, basic and diluted**: $61.77, compared to $746.00 in 2024; weighted‑average shares 2,317,684.

**Business Highlights**

-   **Revenue growth and contracts**: Revenue increase was driven by four new commercial AI software contracts across hotel, smart water, and crypto‑mining sectors with approximately $12.6 million committed.
-   **Shift in product and delivery model**: The company shifted toward complex, resource‑intensive AI‑enabled SaaS and custom implementations, increasing reliance on third‑party outsourcing and raising implementation costs.
-   **Operational investments**: Significant investments in R&D and general administration, including equity incentives, aimed at attracting technical talent and accelerating product development.
-   **Digital‑asset strategy**: Active accumulation of Bitcoin materially influenced non‑operational results and has implications for liquidity strategy and operational cash planning going forward.

Original SEC Filing: Next Technology Holding Inc. \[ NXTT \] - 10-K - Mar. 31, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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