NextNRG reports 222% revenue growth in August amid rapid expansion

Published 10/09/2025, 14:08
NextNRG reports 222% revenue growth in August amid rapid expansion

MIAMI - NextNRG, Inc. (NASDAQ:NXXT) reported preliminary unaudited revenue of $7.51 million for August 2025, representing a 222% increase compared to the same month last year, according to a company press release. This growth aligns with the company’s impressive 92.46% revenue increase over the last twelve months, though InvestingPro data shows the company maintains thin gross profit margins of 6.8%.

The AI-driven energy company delivered 2.18 million gallons in August, up 239% from 642,705 gallons in August 2024. Year-to-date revenue through August reached approximately $51.6 million, already surpassing the company’s full-year 2024 revenue of approximately $27 million. Analysts tracked by InvestingPro expect this momentum to continue, forecasting 186% revenue growth for fiscal year 2025. Get detailed growth forecasts and 12 additional key insights with an InvestingPro subscription.

August revenue showed a 9% sequential decrease from July’s $8.19 million, which the company attributed to an extraordinary two-week surge in fuel deliveries related to seasonal demand from its largest fleet customer during a nationwide mid-summer retail event.

"August reflects the strength and consistency of our growth, with revenue already nearly doubling last year’s total in just eight months," said Michael D. Farkas, Executive Chairman and CEO of NextNRG.

The company highlighted ongoing development of RenCast, its upcoming AI-driven platform, and expansion of its Next Utility Operating System as strategic initiatives supporting its financial performance.

NextNRG provides AI-integrated solutions across utility infrastructure, battery storage, wireless EV charging, renewable energy, and mobile fuel delivery. The company operates one of the nation’s largest on-demand fueling fleets.

The financial results for August 2025 are preliminary and unaudited, with final results pending completion of standard month-end closing procedures.

In other recent news, NextNRG Inc reported its financial results for the second quarter of 2025, showcasing notable revenue growth and improved operational efficiencies. These developments have generated market optimism, as indicated by positive premarket trading activity. Additionally, H.C. Wainwright initiated coverage on NextNRG with a Buy rating and set a price target of $5.00. The research firm underscored the company’s diversified energy technology offerings across commercial, industrial, and transportation sectors. These recent developments highlight the company’s ongoing progress and potential in the energy sector.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.