--- title: "NextPlat | 8-K: FY2026 Q1 Revenue: USD 9.855 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286451728.md" datetime: "2026-05-14T18:03:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286451728.md) - [en](https://longbridge.com/en/news/286451728.md) - [zh-HK](https://longbridge.com/zh-HK/news/286451728.md) --- # NextPlat | 8-K: FY2026 Q1 Revenue: USD 9.855 M Revenue: As of FY2026 Q1, the actual value is USD 9.855 M. EPS: As of FY2026 Q1, the actual value is USD -0.42. #### Segment Revenue NextPlat Corp reported consolidated revenue of approximately $9.9 million for the first quarter ended March 31, 2026, which is a 29% decrease from approximately $13.9 million in the prior year period, primarily due to an expected decline in overall healthcare revenue . Within Healthcare Operations, pharmacy prescription revenue decreased to approximately $4.8 million in the first quarter of 2026 from approximately $9.5 million in the prior year period, driven by lower reimbursement rates of approximately $3.0 million and anticipated contraction in prescription volume of approximately $1.7 million . Healthcare Operations pharmacy contract revenue increased to approximately $1.9 million in the first quarter of 2026 from approximately $1.4 million in the prior year period, reflecting a sequential increase of approximately 19% versus the fourth quarter of 2025 . E-commerce revenues increased to approximately $3.2 million in the first quarter of 2026 from approximately $3.0 million in the prior year period, mainly due to an increase in airtime sales of approximately $0.2 million . #### Operational Metrics **Gross Margin**Overall gross margin for the first quarter ended March 31, 2026, improved to a record approximately 35%, up from approximately 21% in the prior year quarter and approximately 20% for the full year ended December 31, 2025 . Gross margin for Healthcare Operations nearly doubled to approximately 39% in the first quarter of 2026 compared to approximately 20% in the first quarter of 2025, and was up sequentially from approximately 18% in the fourth quarter of 2025 . Gross margin for e-Commerce Operations increased slightly to approximately 25% in the first quarter of 2026 from 24% in the first quarter of 2025 . **Operating Expenses**Total operating expenses for the first quarter ended March 31, 2026, decreased to approximately $4.5 million from approximately $4.9 million in the prior year quarter, a reduction of approximately $0.4 million, or 9% . This reduction was attributed to decreases in salaries and wages from headcount reductions and executive compensation, as well as lower professional fees . Specific operating expenses for the three months ended March 31, 2026, were: Selling, general and administrative: $2,006 thousand; Salaries, wages and payroll taxes: $2,419 thousand; Depreciation and amortization: $65 thousand; and Intangible asset amortization: $25 thousand . **Operating Loss**Operating loss was - $1,103 thousand for the three months ended March 31, 2026, compared to - $2,084 thousand for the three months ended March 31, 2025 . **Net Loss**Net loss attributable to common stockholders for the first quarter ended March 31, 2026, decreased 42% to approximately - $1.1 million, or - $0.42 per diluted share, compared to a net loss attributable to common stockholders of approximately - $1.9 million, or - $0.75 per diluted share for the three months ended March 31, 2025 . The total net loss was - $1,132 thousand for Q1 2026, compared to - $1,942 thousand for Q1 2025 . **Comprehensive Loss**Comprehensive loss was - $1,109 thousand for the three months ended March 31, 2026, compared to - $1,953 thousand for the three months ended March 31, 2025 . #### Cash and Working Capital The company ended the quarter with approximately $11.0 million in cash as of March 31, 2026, down from $13,709 thousand as of December 31, 2025 . Working capital was approximately $14.2 million as of March 31, 2026 . #### Unique Metrics NextPlat Corp reported zero unsecured debt as of March 31, 2026 . In the first quarter of 2026, the company contracted five new 340B entities . By the end of the first quarter of 2026, the Global Telesat Communications Ltd (GTC) subsidiary generated a government and military sales pipeline valued at over $1.2 million . #### Outlook / Guidance NextPlat Corp anticipates achieving positive operating income in the latter half of 2026, supported by higher-margin contracted healthcare services revenue and reduced operating expenses . The company expects a significant reduction of losses by the fourth quarter of 2026 . A new healthcare e-commerce site is also expected to go live before the end of the second quarter of 2026, and the five new 340B entities are expected to commence activities in July 2026 . ### Related Stocks - [NXPL.US](https://longbridge.com/en/quote/NXPL.US.md) ## Related News & Research - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [Here's Why FSN E-Commerce Ventures (NSE:NYKAA) Has Caught The Eye Of Investors](https://longbridge.com/en/news/286881823.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md) - [Keysight Technologies Reports Second Quarter 2026 Results | KEYS Stock News](https://longbridge.com/en/news/286959830.md)