NextNRG 2025 Q1 Earnings Misses Targets as Net Loss Widens 234%

NextNRG(NXXT) reported its fiscal 2025 Q1 earnings on May 21st, 2025. NextNRG's net loss of $8.94 million for Q1 2025 fell short of market expectations, marking a significant increase compared to the previous year. Despite the company's strategic focus on scaling operations and enhancing its integrated energy infrastructure, the expanded losses highlight the ongoing financial challenges. The guidance remains optimistic, with plans to advance key initiatives such as smart microgrid deployments and wireless EV charging programs. Investors are advised to monitor NextNRG's progress closely, as the company seeks to leverage its AI-driven platform for long-term growth.

Revenue

NextNRG achieved substantial revenue growth in Q1 2025, with total revenue reaching $16.27 million, a 146.7% increase from $6.60 million in Q1 2024. Fuel sales significantly contributed to this growth, generating $15.86 million, while other revenue streams added $415,293.

Earnings/Net Income

NextNRG's losses deepened to $1.60 per share in 2025 Q1 from a loss of $1.48 per share in 2024 Q1 (8.1% wider loss). Meanwhile, the company's net loss widened to $-8.94 million in 2025 Q1, representing a 234.1% increase from the $-2.68 million loss recorded in 2024 Q1. The Company has sustained losses for 6 years over the corresponding fiscal quarter, highlighting ongoing financial headwinds. The increased EPS loss reflects continued financial struggles despite revenue growth.

Price Action

The stock price of NextNRG has climbed 5.41% during the latest trading day, has climbed 6.09% during the most recent full trading week, and has dropped 5.16% month-to-date.

Post-Earnings Price Action Review

Investors adopting the strategy of purchasing NextNRG (NXXT) shares following a revenue surge on earnings report release day and holding for 30 days have experienced moderate returns, albeit accompanied by notable volatility and risk. The strategy's compound annual growth rate (CAGR) stands at 13.17%, yielding an overall return of 3.19%, which surpassed the benchmark by 10.03%. However, the Sharpe ratio remains low at 0.12, suggesting limited risk-adjusted returns. Furthermore, the maximum drawdown reached -27.04%, underscoring the critical role of risk management in navigating such a volatile investment landscape.

CEO Commentary

"We entered 2025 with tremendous momentum and a clear roadmap to scale, and Q1 results are a reflection of that execution," said Michael D. Farkas, CEO of NextNRG. "With triple-digit revenue growth, record-setting fuel volumes, and expanding margins, our core operations continue to exceed expectations. At the same time, we are advancing the next phase of our integrated energy strategy, with smart microgrid deployments and wireless EV charging programs progressing toward commercial launch. We believe our hybrid platform—combining traditional fueling, electrification, and AI-driven grid intelligence—represents the future of distributed energy," Farkas added.

Guidance

NextNRG is focused on expanding its integrated platform across three infrastructure-aligned revenue streams: deploying AI-driven grid management software and battery/solar microgrid systems through SaaS and power purchase agreements; advancing from R&D to commercial pilots in wireless EV charging; and scaling mobile energy logistics across sectors with centralized scheduling and recurring site-level optimization. The company is optimistic about building an ecosystem capable of delivering reliable, intelligent, and sustainable infrastructure at a national scale, laying the foundation for significant long-term SaaS-based recurring revenue streams.

Additional News

In recent weeks, NextNRG has been actively expanding its operations. The company announced its entry into the Oklahoma market, establishing a long-term agreement with one of the nation's largest in-house fleet operators. This expansion supports NextNRG's broader rollout to additional national accounts and new markets across the state. Moreover, NextNRG has strengthened its network reach, growing national deployment capacity to 144 active vehicles servicing major logistics corridors across metro regions including California, Michigan, Tennessee, and the Southeastern U.S. These strategic moves aim to bolster NextNRG's position in the on-demand fueling industry, furthering its commitment to sustainable energy solutions and supporting fleet transitions to electric vehicles.