Street Calls of the Week
MIAMI - NextNRG, Inc. (NASDAQ:NXXT) reported preliminary unaudited revenue of $7.07 million for September 2025, representing a 229% increase from $2.15 million in the same month last year, according to a company press release. The company’s strong growth aligns with InvestingPro data showing 92% revenue growth over the last twelve months, though analysts note the company suffers from weak gross profit margins of 6.8%.
The AI-driven energy company delivered 2.03 million gallons of fuel in September, up 238% from 600,390 gallons in September 2024. Year-to-date revenue through September reached approximately $58.6 million, more than double the company’s full-year 2024 revenue of approximately $27 million.
The September figures showed a 7% sequential decrease from August’s $7.56 million in revenue, which the company attributed to normal month-to-month variability in commercial fleet operations.
"September marks another strong month of year-over-year growth, demonstrating the continued strength of our mobile fueling platform and the expanding adoption of our services," said Michael D. Farkas, Executive Chairman and CEO of NextNRG.
NextNRG operates one of the nation’s largest on-demand fueling fleets and is developing technologies including the Next Utility Operating System, smart microgrids, and wireless EV charging solutions.
The company stated it remains on track to achieve its near-term profitability timeline, though specific dates were not provided. The financial results for September 2025 are preliminary and unaudited, with final results pending the completion of standard month-end closing procedures.
In other recent news, NextNRG reported a significant 222% increase in revenue for August 2025, reaching $7.51 million, compared to the same month last year. This growth was accompanied by a 239% rise in deliveries to 2.18 million gallons. Year-to-date revenue through August has already surpassed the company’s total revenue for the entire year of 2024, which was approximately $27 million. Additionally, NextNRG secured a long-term lease option on 1,600 acres in Nassau County, with plans to develop a 200 MW smart microgrid on a portion of the property. The company also issued 1 million shares to its CEO, Michael D. Farkas, in a debt-for-equity transaction valued at $1.67 million, effectively canceling outstanding debt. In terms of analyst activity, H.C. Wainwright initiated coverage on NextNRG with a Buy rating and a price target of $5.00. These developments reflect NextNRG’s ongoing expansion and strategic initiatives in the energy sector.
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