NextNRG posts record $9.4M April revenue on mobile fueling scale

NextNRG (NASDAQ:NXXT) reported its preliminary, unaudited financial results for April 2026, delivering the highest monthly revenue in corporate history as the company continues to scale its core logistics platform.

The Miami, Florida-based energy logistics and infrastructure provider generated revenue of $9.4 million for the month, a 56% increase compared to the $6 million recorded in April 2025.

Gross profit for the period grew 64% year-over-year to approximately $778,000, up from $476,000 a year earlier.

The top-line expansion lifted NextNRG’s monthly gross margin to 8.3%, reflecting minor margin expansion from the 7.9% posted in the same month last year.

The preliminary April performance follows an operational trend established during the first quarter of 2026, where gross margins stabilized at 8.1%.

Management attributed the steady unit economics to enhanced fleet utilization, route optimization density, and stricter pricing controls embedded across its distribution network.

On a volume basis, NextNRG delivered approximately 1.94 million gallons of fuel through its tech-enabled mobile platform during April, marking a 9% volume increase year-over-year.

The faster growth rate of revenue relative to total gallons delivered indicates higher average pricing realizations per gallon across active distribution territories.

In addition to expanding its near-term retail fueling fleet operations, the company confirmed ongoing development within its long-cycle energy infrastructure segment.

NextNRG is actively advancing its pipeline of smart microgrid initiatives, which target utility alternatives across commercial, industrial, healthcare, and municipal sectors.

Corporate management noted that the April results remain preliminary and subject to standard month-end closing adjustments.