NextNRG Q2 FY26 net loss narrows 81.7% to $6.62 million; revenue rises 40.9% to $27.75 million
Reuters2026/08/13 20:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- NextNRG posted Q2 revenue of USD 27.75 million, up 40.9% year over year; net loss narrowed 81.7% to USD 6.62 million.
- Operating loss improved 85.6% to USD 4.43 million as operating expenses fell about 81% on a USD 24.1 million drop in stock-based compensation.
- Interest expense declined 38% to USD 2.68 million; diluted loss per share improved to USD 0.04.
- Non-GAAP adjusted EBITDA loss narrowed 61.6% to USD 2.21 million; management cited disciplined execution and balance-sheet progress.
- Closed a USD 6.4 million private placement; continued expansion of mobile fueling, microgrid controller pipeline, and commercial EV charging, including wireless technology advancement.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextNRG Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608131601PRIMZONEFULLFEED9809905) on August 13, 2026, and is solely responsible for the information contained therein.
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