NXXT

Image source: The Motley Fool. Thursday, Aug. 13, 2026 at 4:30 p.m. ET Investor Relations - Sharon Cohen Founder and Chief Executive Officer - Michael D. Farkas Chief Financial Officer - Joel Kleiner Operator: Good afternoon and welcome to NextNRG's second quarter 2026 earnings conference call. Today's call is being recorded. At this time, all participants are in a listen-only mode. Following management's prepared remarks, we will move to a question-and-answer session. I would now like to turn the conference over to Sharon Cohen, Investor Relations for NextNRG. Sharon, please go ahead. Sharon Cohen: Thank you. I'd like to begin by reminding everyone that today's discussion will include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that could cause actual results to differ materially. Please refer to our most recent SEC filings for a full discussion of relevant risk factors. Today's call will also reference adjusted EBITDA, a non-GAAP financial measure. A full reconciliation of this measure to net loss, the most comparable GAAP measure, is available in our earnings release, which is located in the Investors tab of our website. Non-GAAP financial measures should not be considered a substitute for GAAP results. On the call today is Michael D. Farkas, Founder and Chief Executive Officer, as well as Joel Kleiner, Chief Financial Officer. Michael, the floor is yours. Michael D. Farkas: Thank you, Sharon, and good afternoon everyone. I want to begin by saying that this was a strong quarter for NextNRG. While the financial results are important and Joel will walk you through those in a few minutes, what encouraged me most this quarter wasn't any single financial metric. It was how much clearer our strategy has become as we've continued building the business. When we started this company, we had a pretty clear idea of where we wanted to end up. Over the last year, I believe we've gained a much better understanding of what it will take to get there. One thing I've learned building this business is that success isn't about trying to do everything at once. It's about building capabilities in the right order, proving they work in the field, and then expanding from there. Every company has to earn the right to build what's next. We believe you earn that right by executing well every single day. That's become the framework we use to make decisions across the company, and it's what I'd like to spend a few minutes talking about this afternoon. Three strategic priorities have become very clear to us, and we believe they'll define how we build this company over the coming years. The first is strengthening the operating business. The second is commercializing the technology we spent years developing. And the third is building our EV charging business. These priorities reinforce one another. They aren't independent initiatives. Progress in one creates opportunities in the next, and together they create the foundation for the business we're building. Let me start with the first one. Our first priority is continuing to grow and strengthen the operating business we have today. Mobile fueling is an attractive business in its own right, but it's also something more than that. It gives us recurring customer relationships, operational expertise, and a growing presence inside the commercial fleet market. One thing we've become increasingly convinced of over the past year is that the value of this business goes well beyond the revenues it generates. Every day we're on customer sites, we're solving operational problems. We're learning how fleets consume energy, where they're spending money, and where reliability matters most. That's very important because those same customers are beginning to ask broader questions than simply can you deliver fuel? They're asking us how they reduce energy costs, how they improve resiliency, how they prepare for electrification. And increasingly, they're asking us whether we can help them solve those challenges. We think being their trusted operating partner gives us a significant advantage as those conversations evolve. This quarter, revenue grew more than 40% year over year. We expanded into Gainesville, extending our operating footprint in Florida. And we supported fueling operations during one of the world's largest international sporting events. Those achievements matter because they continue building the operating business we're creating, not simply because they increase quarterly revenues. Every company has the right to build what's next. Our second priority is taking the technology we've spent years developing and getting it into the field, operational. When I talk about technology, I'm talking specifically about our smart microgrid controller and the software that powers it. We believe that's one of the most important assets we've built as a company. Its purpose is straightforward. It sits at the center of a microgrid and continuously determines the most efficient way to manage the energy resources connected to it, whether that's utility power, battery storage, solar generation, or backup generation. As energy systems become more distributed and more complex, we believe the intelligence that manages those systems becomes just as important as the infrastructure itself. That's where we believe our long-term opportunity lies. Building that technology was the first step. Now the focus is on deployment. Every successful deployment gives us operating experience. It strengthens the product. It demonstrates value in real-world operating environments. And it gives us another reference that helps us pursue the next commercial opportunity. Just as importantly, every deployment teaches us something. It helps us refine the software, improve the product, and build the operational expertise that's difficult to replicate in a lab. That's why we continue investing in the capabilities of our AI-driven smart controller and why our focus remains on getting this technology into the field through commercial deployments and partnerships. That's how we believe great technology becomes a great business. Our third priority is building our EV charging business. EV charging is more than just installing charging stations for vehicles. There's robotics, there's so many uses for dynamic wireless charging. And our strategy is very straightforward. We're starting by deploying EV charging solutions today because that's how we build the operating experience, customer relationships, and infrastructure foundation for the larger opportunity we see ahead. As that business grows, we'll continue developing our wireless charging and bidirectional charging technologies, which we believe and know represent the future of not only commercial fleet charging, but charging across the board for all different types of products. But today our focus is on building the business one deployment at a time. Every successful deployment moves us one step closer to the larger infrastructure. Ultimately, everything we've discussed today comes back to execution. Building the operating business, deploying our technology, and expanding our EV charging business as well. Those are the priorities we're focused on every day, and I believe this quarter reflects meaningful progress across all three. Before I hand it over to Joel, I want to let you know that we were successful in a few sales and deployments of EV charging in the past quarter. And now I'll leave it up to Joel. Joel. Joel Kleiner: Thank you, Michael. From a financial standpoint, I believe this quarter demonstrates meaningful progress in the underlying economics of the business. I'll start with adjusted EBITDA, which I believe is one of the clearest measures of our underlying operating performance. During the second quarter, our adjusted EBITDA loss decreased by approximately 62%, from approximately $5.8 million in the prior-year quarter to approximately $2.2 million in this quarter. What I find particularly encouraging in this improvement is what we're seeing underneath that: revenue increased more than 40% year over year, while operating expenses, excluding stock-based compensation, declined approximately 26%. That decline reflects lower insurance costs, including truck insurance, lower repairs and maintenance expenses, and changes we've made to our personnel costs and staffing structure. Taken together, those results indicate that we're beginning to see operating leverage in the underlying business. We're growing revenue while reducing the cost required to support that growth. As the business continues to scale, we want a greater percentage of incremental revenue to flow through the bottom line. Revenue for the quarter increased approximately 41% year over year to $27 million. As we've discussed previously, the geopolitical situation and resulting increase in oil and fuel prices also contributed to the increase reported in our revenue during the quarter. More importantly, gross profit increased approximately 25% compared with the prior-year quarter. We continue to see growth in gross profit as the business scales, while the number of gallons delivered also increases. Interest expense declined approximately 38% year over year as a result of our continued efforts to simplify the balance sheet and reduce financing-related costs. Those efforts are important because lowering financing costs allows us to deploy more of our capital toward growing the business rather than servicing debt. On the bottom line, diluted loss per share improved to approximately $0.04 loss compared to a $0.30 loss in the prior-year period. Turning to liquidity, during the quarter, we completed a $6.4 million private placement, strengthening our balance sheet and providing additional working capital. As of quarter end, cash and cash equivalents were approximately $884,000, and we continue to evaluate financing alternatives. Overall, we believe this quarter reflects continued progress in the financial fundamentals of the business. We're growing revenue, improving the underlying cost structure, and reducing financing costs. We still have work to do, but we see the trends and believe and know that we are consistent with the business plan that we're building toward over the long term. With that, I'll hand it back to Michael. Michael D. Farkas: Thanks, Joel. Before we move on to our Q&A, I'd like to leave you with one final thought. When I look at where we are today compared to a year ago, I see a much stronger company. Our operating business is larger, our financial performance is improving, and we're continuing to build new opportunities for long-term growth. There's still a great deal of work ahead of us, and we're not taking anything for granted. But I believe we're making the kind of steady, measurable progress that builds lasting businesses. I'd like to thank our employees for their hard work, our customers for their continued trust, and our shareholders for their continued support. Thank you. Sharon Cohen: Thank you, Michael. We'll now move on to the questions we've received from investors. Here's the first question. Michael, you've talked about NextNRG being a stronger company today than it was a year ago. Can you speak to some of the changes you've made inside the organization that have contributed to that progress? Michael D. Farkas: Yes, I think a big part of that progress has come from making the business more efficient. Over the past year, we've brought in some very strong people across the organization and made some decent changes to processes, staffing, and resource allocation to improve how the business operates. Just in general—excuse me—that's been a company-wide effort. We've looked closely at where we're spending time and money, where we can eliminate inefficiencies, and where we can improve execution. At the same time, the operating business has continued to grow, which has given us a stronger financial and operational foundation. We've also learned a lot from operating the business at a greater scale. We have a better understanding of what's working, where we need to make adjustments, and where we need to stay disciplined. So when I say we're a stronger company today versus last year, I mean that in a very practical sense. We have stronger people, better processes, a stronger operating foundation, and a much clearer understanding of what we need to accomplish next. Sharon Cohen: Thank you. Here is the next question for you. You've described the smart microgrid controller as one of the most important assets NextNRG has built. What do you believe differentiates the controller from the other energy management systems already available in the market? Michael D. Farkas: Good question. I think the biggest difference is that we're bringing together capabilities that are typically found in separate systems, and we're putting them together into one platform. There are, without question, other energy management systems in the marketplace. There are predictive analytical platforms. There are systems that monitor individual energy assets. There are companies that specialize in particular pieces of the energy management problem. But what we've done is a little bit different. We've built something where we're bringing all of those capabilities together through a single controller. The system can monitor what's happening across the energy system, use predictive analytics to anticipate what is likely to happen, and then translate that information into actions. It can identify an issue and generate a work order or call ticket telling the operator what needs to be addressed. And that's been developed over many years of research and development prior to us acquiring that technology. So we're not talking about a controller that simply monitors a battery or tells you how much energy you're using. We're talking about a system that's designed to provide an intelligent layer across the entire energy system. And we believe that makes what we've built very, very unique. And we're not—we don't believe it ourselves—we're hearing it from our customers. There are very large companies working in the energy management and energy software space, but we don't see many of them that have brought these capabilities together the way we have. We're still in early commercial deployment, so we have to prove the technology in the field, although it has been in other deployments that were done prior to us acquiring the technology. But we believe we have something very special, genuinely differentiated. And that's why getting it into real operating environments is such an important priority for us. Sharon Cohen: Thank you for that, Michael. The next question is for Joel. Adjusted EBITDA improved significantly year over year, and you also highlighted the 26% reduction in operating expenses excluding stock-based compensation. For investors who are looking at that metric, what does that improvement actually tell you about the business? Joel Kleiner: Before I get into adjusted EBITDA, I do want to highlight that in our call last year, when we talked about stock-based compensation, we highlighted that was a one-time expense. And I'm happy to report that we not only committed to do it, we executed on our commitment. But I think the significance is that we're starting to see the relationship between revenue growth and our cost structure move in the right direction. That tells us we're not simply growing the business by adding cost at the same rate as revenue. We're beginning to see operating leverage in the underlying business. That's significant and important because as the business grows, we want a greater percentage of incremental revenue to flow through to the bottom line. So we're beginning to see the evidence of that in the underlying business. The goal is to build a business where growth increasingly translates into improved profitability. Sharon Cohen: Thank you, Joel. Here's the next question for you. Revenue grew more than 40% year over year while gross profit increased approximately 25%. How are you thinking about the economics of this fueling business as it continues to scale? Joel Kleiner: Thank you. That's a good question. I think the key to understanding what is driving the economics of the fueling business as we scale is this: fuel prices, product mix, and the cost of delivering each gallon affect all those results quarter to quarter. In Q2 2025, our gross profit per gallon delivered was $0.27. In Q2 2026, our gross profit per gallon delivered was $0.33. That's a 22% growth in efficiencies during a time of volatile commodity prices for fuel. This growth represents our hard work to optimize the labor force required to deliver our product. As a technology-first company, we are constantly investing in our solution to best route our drivers to increase bottom-line enterprise value. Sharon Cohen: Thank you for that response, Joel. And we have one final question. The company's loss per share improved significantly year over year. How should investors think about the improvement in EPS in the context of the broader financial results? Joel Kleiner: Great question. I think it's important to look at EPS as part of the broader financial picture rather than a standalone metric. The improvement reflects several factors, including the significant reduction in stock-based compensation, the lower interest expense as we improve our balance sheet, and the improvement in the underlying operating performance of the business. We also benefited from a much lower financing burden year over year, as I mentioned with our interest expense. At the same time, we're still reporting a GAAP net loss, so I don't want to suggest that our 4-cent loss per share means we've reached profitability. We're not there yet, but we're striving and making the right changes. What I do think is encouraging is the direction of these results. We're growing revenue, reducing the underlying operating cost structure, lowering financing costs, and seeing those improvements reflected in the bottom line. Ultimately, our objective is to continue improving the underlying economics of the business so that the improvement in earnings becomes increasingly driven by the operating business itself. Sharon Cohen: Thank you, Joel. And thank you, Michael. That concludes the Q&A portion of today's call. Thank you all for joining us today and for your continued support of NextNRG. Operator: Thank you. This will conclude today's conference. You may disconnect at this time, and thank you for your participation. Before you buy stock in NextNRG, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and NextNRG wasn’t one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. 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As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. NextNRG (NXXT) Q2 2026 Earnings Call Transcript was originally published by The Motley Fool

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management is shifting focus toward building capabilities in a specific sequence, prioritizing the execution of existing operations to earn the right to expand into new technologies. The mobile fueling business is being leveraged as a strategic entry point to gain deep operational insights into commercial fleet energy consumption and reliability needs. Revenue growth of more than 40% was supported by geographic expansion into Gainesville and high-profile operational support for a major international sporting event. The company's smart microgrid controller is positioned as a central intelligence layer designed to manage diverse energy resources like battery storage and solar through a single platform. Strategic emphasis has shifted from laboratory research to real-world commercial deployments to refine AI-driven software and build a track record for future partnerships. EV charging initiatives are being treated as a foundational step to establish infrastructure and customer relationships for future wireless and bidirectional charging technologies. Future growth is dependent on the successful transition of the smart microgrid controller from early commercial deployment to proven field performance. Management aims to achieve greater operating leverage by ensuring incremental revenue growth outpaces the costs required to support that scale. The company continues to evaluate financing alternatives to strengthen liquidity, following a $6.4 million private placement during the quarter. Strategic focus remains on optimizing driver routing through technology investments to further increase gross profit per gallon delivered. Long-term value creation is tied to the evolution of customer conversations from simple fuel delivery to complex energy cost reduction and electrification solutions. Operating expenses, excluding stock-based compensation, declined approximately 26% due to lower insurance premiums and optimized staffing structures. Interest expense was reduced by approximately 38% year over year as part of a deliberate effort to simplify the balance sheet and reduce debt servicing costs. Management flagged that while EPS improved to a $0.04 loss, the company has not yet reached GAAP profitability and remains in a net loss position. Revenue figures were partially influenced by external geopolitical factors and the resulting volatility in oil and fuel prices. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management attributed progress to company-wide efforts in eliminating inefficiencies and reallocating resources to improve execution. The company has integrated new personnel and refined processes based on lessons learned from operating at a larger scale over the past year. The controller distinguishes itself by integrating predictive analytics, asset monitoring, and automated action (like work order generation) into one platform. Management noted that while the technology is in early commercial stages, it is based on years of R&D conducted prior to the acquisition of the asset. The 62% improvement in adjusted EBITDA loss was driven by decoupling revenue growth from cost increases, signaling the start of operating leverage. Management confirmed they executed on a prior commitment to eliminate one-time stock-based compensation expenses. Gross profit per gallon delivered increased from $0.27 to $0.33 year over year, representing a 22% growth in efficiency. Improvements were driven by labor force optimization and technology-driven driver routing despite volatile commodity prices.

This article first appeared on GuruFocus. Release Date: August 13, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Revenue grew more than 40% year-over-year to $27 million in Q2 2026. Adjusted EBITDA loss decreased by approximately 62% year-over-year, from $5.8 million to $2.2 million. Operating expenses, excluding stock-based compensation, declined by 26% year-over-year, indicating improved operating leverage. Gross profit per gallon delivered increased by 22% year-over-year, from $0.27 to $0.33, reflecting improved operational efficiency. Interest expense decreased by 38% year-over-year, and the company completed a $6.4 million private placement to strengthen its balance sheet. The company still reported a GAAP net loss, with a diluted loss per share of $0.04. Cash and cash equivalents were only approximately $884,000 at quarter end, indicating limited liquidity. Revenue growth was partly driven by geopolitical factors and higher fuel prices, which may not be sustainable. The company is still in early commercial deployment for its smart microgrid controller, with a need to prove the technology in the field. The company continues to rely on financing alternatives, suggesting ongoing capital needs. Warning! GuruFocus has detected 2 Warning Signs with NXXT. Is NXXT fairly valued? Test your thesis with our free DCF calculator. Q: Michael, you've talked about NextNRG being a stronger company today than it was a year ago. Can you speak to some of the changes you've made inside the organization that have contributed to that progress?A: Michael Farkas, Founder and CEO: A big part of that progress has come from making the business more efficient. Over the past year, we brought in strong people across the organization and made changes to processes, staffing, and resource allocation to improve how the business operates. We've looked closely at where we're spending time and money, where we can eliminate inefficiencies, and where we can improve execution. The operating business has continued to grow, giving us a stronger financial and operational foundation. We have stronger people, better processes, a stronger operating foundation, and a much clearer understanding of what we need to accomplish next. Q: You've described the smart microgrid controller as one of the most important assets NextNRG has built. What do you believe differentiates the controller from other energy management systems already available in the market?A: Michael Farkas, Founder and CEO: The biggest difference is that we're bringing together capabilities that are typically found in separate systems into one platform. Other systems monitor individual energy assets or specialize in particular pieces of the energy management problem. Our system can monitor what's happening across the energy system, use predictive analytics to anticipate what is likely to happen, and translate that into actionsit can identify an issue and generate a work order telling the operator what needs to be addressed. It's designed to provide an intelligent layer across the entire energy system, which we believe makes it very unique. We're hearing this from our customers as well. We're still in early commercial deployment, but we believe we have something genuinely differentiated. Q: Adjusted EBITDA improved significantly year-over-year, and you also highlighted the 26% reduction in operating expenses, excluding stock-based compensation. For investors looking at that metric, what does that improvement actually tell you about the business?A: Joel Kleiner, CFO: The significance is that we're starting to see the relationship between revenue growth and our cost structure move in the right direction. We're not simply growing the business by adding cost at the same rate as revenuewe're beginning to see operating leverage in the underlying business. As the business grows, we want a greater percentage of incremental revenue to flow through to the bottom line. The goal is to build a business where growth increasingly translates into improved profitability. Q: Revenue grew more than 40% year-over-year, while gross profit increased approximately 25%. How are you thinking about the economics of the fueling business as it continues to scale?A: Joel Kleiner, CFO: The key to understanding the economics of the fueling business as we scale is fuel prices, product mix, and the cost of delivering each gallon. In Q2 2025, our gross profit per gallon delivered was $0.27. In Q2 2026, it was $0.33a 22% growth in efficiencies during a time of volatile commodity prices. This growth represents our hard work to optimize the labor force required to deliver our product. As a technology-first company, we are constantly investing in our solution to best route our drivers to increase bottom-line enterprise value. Q: The company's loss per share improved significantly year over year. How should investors think about the improvement in EPS in the context of the broader financial results?A: Joel Kleiner, CFO: It's important to look at EPS as part of the broader financial picture rather than a stand-alone metric. The improvement reflects several factors, including the significant reduction in stock-based compensation, lower interest expense as we improve our balance sheet, and the improvement in the underlying operating performance of the business. We're still reporting a GAAP net loss, so I don't want to suggest that our $0.04 loss per share means we've reached profitability. What is encouraging is the direction of these resultswe're growing revenue, reducing the underlying operating cost structure, lowering financing costs, and seeing those improvements reflected in the bottom line. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Revenue Increased 41% Year-Over-Year to $27.7 Million as Net Loss is Down 82% and Adjusted EBITDA Loss Narrows 62% MIAMI, Aug. 13, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ: NXXT) ("NextNRG" or the "Company"), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced financial results for the second quarter ended June 30, 2026. "Our second quarter results reflect disciplined execution across our business," said Michael D. Farkas, Founder and CEO of NextNRG. "Revenue grew 41% year-over-year, and net loss decreased 82%. Adjusted EBITDA loss, the metric we believe best reflects the underlying operating performance of the business, narrowed by 62% compared to the same quarter last year. These results demonstrate our ability to grow our fueling business while continuing to build out our broader energy project pipeline with disciplined capital allocation." Mr. Farkas continued, "We also made real progress cleaning up our balance sheet this quarter. Interest expense declined 38% year-over-year, and we closed a $6.4 million private placement, strengthening our financial position going forward. We're going to continue running this business with that same discipline." Second Quarter 2026 Financial Highlights (1) Adjusted EBITDA is a non-GAAP financial measure. See reconciliation and Non-GAAP Financial Measures disclosure below. Second Quarter 2026 Financial Results Revenue for the three months ended June 30, 2026 was $27,747,948, compared to $19,691,568 for the second quarter of 2025, representing growth of 41% year-over-year. Revenue growth was driven by continued expansion of the Company's mobile fueling operations, including growth in fuel volumes delivered and continued geographic expansion. Gross profit increased to $1,955,638, compared to $1,569,816 in the second quarter of 2025. Loss from operations was $4,427,212 for the second quarter of 2026, compared to $30,765,704 for the second quarter of 2025. Operating expenses were $6,047,468 for the second quarter of 2026, compared to $31,779,768 for the second quarter of 2025, a decline of approximately 81%. The decrease was primarily driven by a $24,102,349 reduction in stock-based compensation expense, following the one-time share issuance recorded in the prior-year period. Operating leverage improved year-over-year, as revenue grew more than 40% while operating expenses declined over the same period. Net loss was $6,624,702 for the second quarter of 2026, compared to $36,133,275 for the second quarter of 2025, a reduction of approximately 82%. Net loss available to common stockholders was $6,730,789 after preferred stock dividends, compared to $36,274,204 for the second quarter of 2025. Diluted loss per share improved to $(0.04) for the second quarter of 2026, compared to $(0.30) for the second quarter of 2025. Interest expense was $2,678,729 for the second quarter of 2026, compared to $4,319,031 for the second quarter of 2025, representing a 38% reduction year-over-year and reflecting the Company's continued efforts to simplify its capital structure. During the quarter, the Company also strengthened its balance sheet through the completion of a $6.4 million private placement, providing additional capital to support continued execution of its fueling operations and its broader energy project pipeline. Adjusted EBITDA The following table presents a reconciliation of net loss to Adjusted EBITDA for the three months ended June 30, 2026 and 2025: Adjusted EBITDA loss was $2,213,843 for the second quarter of 2026, compared to $5,759,395 for the second quarter of 2025, an improvement of approximately 62%. The improvement year-over-year reflects the significant reduction in stock-based compensation, consistent with the one-time nature of the prior-year expense, along with lower interest expense. Balance Sheet and Liquidity As of June 30, 2026, the Company had: Cash and cash equivalents of $883,696, compared to $2,652,838 and $384,140 at June 30, 2025, and December 31, 2025, respectively Total assets of $12,351,220, compared to $11,063,353 at December 31, 2025 Accounts receivable of $2,913,281, compared to $2,039,214 at December 31, 2025 Management continues to evaluate multiple financing and strategic initiatives intended to support working capital requirements, operational growth, and expansion of the Company's AI-powered smart controller deployments. Looking Ahead: Scaling the Integrated Energy Platform Looking ahead, NextNRG remains focused on converting its growing energy infrastructure pipeline into long-term recurring revenue while continuing to expand and optimize its mobile fueling platform. NextNRG's three business lines are connected by a single dynamic. Mobile fueling customers are continuously working to electrify their fleets, and electrification creates two problems: the cost of energy and the availability of energy. The Company's AI-driven smart controller deployed in microgrids solves both. In the other direction, the commercial and industrial sites that deploy our controller in microgrids are frequently the same fleet operators the Company already fuels. AI-Driven Smart Microgrid Controller: The Company continues to advance its microgrid pipeline across commercial, healthcare, municipal, industrial and federal markets. Signed California power purchase agreements are moving forward into their next development steps. EV Charging: NextNRG continues to expand its commercial EV charging business through the sale and deployment of standard wired charging solutions while advancing its proprietary wireless charging technology toward commercialization. Mobile Fueling Logistics: The Company continues to scale and optimize national fueling operations, with a focus on route efficiency, fleet utilization, and disciplined cost management. Non-GAAP Financial Measures Adjusted EBITDA is a non-GAAP financial measure. Adjusted EBITDA should not be considered a substitute for measures prepared in accordance with accounting principles generally accepted in the United States (“GAAP”), nor should it be viewed as a substitute for operating results determined in accordance with GAAP. We believe that the presentation of Adjusted EBITDA, which excludes the impact of net interest expense, taxes, depreciation, amortization, and stock-based compensation expense, provides useful supplemental information that is essential to a proper understanding of our financial results. Non-GAAP measures are not formally defined by GAAP, and other entities may use calculation methods that differ from ours for the purposes of calculating Adjusted EBITDA. As a complement to GAAP financial measures, we believe that Adjusted EBITDA assists investors who follow the practice of some investment analysts who adjust GAAP financial measures to exclude items that may obscure underlying performance and distort comparability. See the reconciliation of net loss to Adjusted EBITDA above. About NextNRG, Inc. NextNRG, Inc. (NextNRG) is Powering What’s Next by deploying its AI-driven Smart Controller, a proprietary AI technology that continuously optimizes how energy is generated, stored, and consumed. The Company deploys the controller within microgrids at commercial, healthcare, municipal, industrial and federal sites, and at a utility scale through the Next Utility Operating System. NextNRG also sells EV chargers, is advancing wireless in-motion charging, and operates one of the nation's largest on-demand mobile fueling fleets.To learn more, visit www.nextnrg.com. Forward-Looking Statements This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, or the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements. The contents of any website referenced in this press release are not incorporated by reference herein. Investor Relations Contact NextNRG, Inc. Sharon Cohen [email protected] Media Contact HCM for NextNRG [email protected]

MIAMI, FL, Aug. 12, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced it will host a conference call on Thursday, August 13, 2026, at 4:30 p.m. Eastern Time to discuss its second quarter 2026 financial results and provide a corporate update. Conference Call Details Date: Thursday, August 13, 2026 Time: 4:30 p.m. Eastern Time Participant Dial-In (U.S. Toll-Free): 877-407-9219 / +1 412-652-1274 Participant Dial-In (International): +1 412-652-1274 Participant Dial-In (Canada Toll-Free): 877-407-9219 / +1 412-652-1274 Webcast Access A live audio webcast of the call will be available at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=2y69hPkv. The webcast will be archived for 12 months following the call. Replay Information A replay of the conference call will be available beginning approximately three hours after the call ends and will remain accessible through August 23, 2026: U.S. Toll-Free: 877-660-6853 / 201-612-7415 International: 201-612-7415 Canada Toll-Free: 877-660-6853 / 201-612-7415 Replay Access Code: 13762286 About NextNRG, Inc.  NextNRG Inc. (NextNRG) is Powering What’s Next by deploying its AI-driven Smart Controller, a proprietary AI technology that continuously optimizes how energy is generated, stored, and consumed. The Company deploys the controller within microgrids at commercial, healthcare, municipal, industrial and federal sites, and at a utility scale through the Next Utility Operating System. NextNRG also sells EV chargers, is advancing wireless in-motion charging, and operates one of the nation's largest on-demand mobile fueling fleets. To learn more, visit www.nextnrg.com. Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG's goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as "expect," "intends," "will," and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG's business and macroeconomic and geopolitical events. These and other risks are described in NextNRG's filings with the Securities and Exchange Commission from time to time. NextNRG's forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements. Investor Relations Contact NextNRG, Inc.Sharon [email protected]

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management is pivoting away from a 'growth at any cost' model toward a pragmatic approach focused on execution, unit economics, and capital responsibility. The tripling of gross profit is attributed to compounding operational improvements across several quarters rather than a single temporary factor. Mobile fueling growth was driven by increased fuel volumes in existing markets and the successful navigation of geopolitical volatility in oil prices. Gross margin expansion to 8.1% was achieved through structural efficiencies including route optimization, improved fleet utilization, and higher customer density in mature markets. The company is intentionally developing its energy infrastructure and smart microgrid pipeline with a focus on structured, contracted arrangements to avoid overextending operational capacity. Management views the fueling and infrastructure segments as complementary, using current fueling relationships to identify future candidates for microgrid and EV charging solutions. The company intends to continue scaling the mobile fueling business with a primary emphasis on margin improvement and operational efficiency. Management is evaluating various financing and strategic initiatives to support working capital requirements and the expansion of the energy infrastructure platform. The smart microgrid pipeline, currently valued at approximately $0.75 billion, is being advanced toward long-term recurring revenue potential without committed timelines for conversion. Future gross profit growth is expected to be sustained by ongoing pricing discipline and stabilization efforts, despite potential headwinds from Middle East pricing volatility. The long-term strategy involves transitioning from transactional fueling to an integrated relationship model covering microgrids, AI energy management, and wireless charging. Operating loss for the quarter included approximately $7.9 million in noncash stock-based compensation expense for services rendered. Interest expense decreased by 80% year-over-year due to lower financing charges and reduced debt discount amortization following 2025 refinancing activities. The company reported a limited cash position of approximately $208,000 as of March 31, 2026, necessitating ongoing evaluation of strategic financing options. Management disclosed receiving unsolicited interest from private equity firms regarding the potential acquisition of the EzFill business segment. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management characterized the margin expansion as structural, driven by embedded operational changes like route optimization that reduced cost per gallon. The CFO noted that tripling gross profit while revenue grew 29% validates that the platform is becoming more efficient at a unit level as it grows. The pipeline spans commercial, healthcare, industrial, and municipal sectors with a total value of approximately $0.75 billion. Management declined to commit to specific timelines for pipeline conversion, citing the naturally long cycles of these infrastructure projects. The fueling business acts as a lead generator, establishing relationships with fleet operators who are candidates for future energy transition services. The goal is to move toward a single integrated relationship with energy customers rather than disconnected transactions.

This article first appeared on GuruFocus. Revenue: $81.8 million in 2025, up from $27.8 million in 2024, representing 195% growth. Q4 Revenue: Approximately $23 million, with monthly breakdowns of $7.4 million in October, $7.5 million in November, and $8 million in December. Gross Margin: Improved from 8.4% for the full year to 10.4% in Q4 2025. Gross Profit: $6.9 million in 2025, up from $1.8 million in 2024. Net Loss: GAAP net loss of $88.2 million for 2025. Adjusted EBITDA Loss: $17.1 million in 2025, compared to $8.9 million in 2024. Interest Expense: $17.3 million, including $9.6 million in non-cash amortization of debt discount. Impairment Charge: $8.5 million, a one-time, non-recurring, non-cash accounting adjustment. Net Cash Used in Operating Activities: $16.7 million in 2025. Energy Infrastructure Pipeline: Approximately $750 million in planned projects. Warning! GuruFocus has detected 3 Warning Signs with NXXT. Is NXXT fairly valued? Test your thesis with our free DCF calculator. Release Date: May 18, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. NextNRG Inc (NASDAQ:NXXT) achieved a remarkable 195% revenue growth from $27.8 million in 2024 to $81.8 million in 2025. The company successfully integrated acquisitions, expanding into four new major markets and operating coast-to-coast. NextNRG Inc (NASDAQ:NXXT) posted seven consecutive months of record revenue, with December alone showing 253% year-over-year growth. The company secured its first power purchase agreements, marking a significant step in its energy infrastructure segment. NextNRG Inc (NASDAQ:NXXT) has a robust pipeline of planned smart microgrid projects valued at approximately $750 million, indicating strong future growth potential. The company reported a GAAP net loss of $88.2 million for 2025, highlighting financial challenges despite revenue growth. Stock-based compensation was a significant expense at $42.6 million, contributing to the net loss and potential shareholder dilution. NextNRG Inc (NASDAQ:NXXT) has been relying on high-interest debt instruments to fund operations, raising concerns about financial sustainability. The company recorded an $8.5 million impairment charge, impacting reported net loss despite being a non-cash adjustment. Cash at year-end was only $384,000, with a working capital deficit of approximately $25 million, indicating liquidity challenges. Q: You recorded $42.6 million in stock-based compensation in 2025. Who received that compensation, what was it tied to, and how should investors think about dilution going forward? A: Joel Kleiner, CFO: The equity issue was tied to the merger, fleet acquisitions, and launching the energy infrastructure business. It's not expected to remain at this level as things stabilize. We are aware of dilution concerns and consider them in our decisions. Q: Cash at year-end was $384,000 with a working capital deficit of approximately $25 million. How does NextNRG plan to manage this in 2026, and what does the financing plan look like? A: Joel Kleiner, CFO: Our liquidity is supported by active debt facilities and access to capital markets. We aim to reduce reliance on high-cost short-term debt by growing operating cash flow and closing contracts with their own financing. Q: When energy infrastructure contracts start generating revenue, what does the margin profile look like compared to the fueling business? A: Michael D Farkas, CEO: The energy infrastructure business has a higher margin profile due to fixed costs and contracted revenue with annual escalators, unlike the fueling business which operates on lower margins. Q: What is the path to cash flow break-even, and what operational changes are needed to achieve it? A: Michael D Farkas, CEO: We need to scale the fueling business's gross profit, close and monetize energy infrastructure contracts, and right-size operating expenses to align with current business levels. Q: How is management thinking about capital allocation as the fueling business matures and energy contracts close? A: Michael D Farkas, CEO: The fueling business funds itself, while energy projects are financed through project-specific financing. Corporate investment focuses on development and sales, with a structured and contained approach. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

MIAMI, FL, May 17, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced it will host a conference call on Monday, May 18, 2026 at 9:00 a.m. Eastern Time to discuss its first quarter 2026 financial results and provide a corporate update. This release corrects a previously issued announcement to reflect updated conference call details. Conference Call Details •  Date: Monday, May 18, 2026 •  Time: 9:00 a.m. Eastern Time •  Participant Dial-In (U.S. Toll-Free): 877-407-9219 / +1 412-652-1274 •  Participant Dial-In (International): +1 412-652-1274 (additional international numbers available at www.incommconferencing.com/international-dial-in) •  Participant Dial-In (Canada Toll-Free): 877-407-9219 / +1 412-652-1274 Webcast Access A live audio webcast of the call will be available at:https://event.choruscall.com/mediaframe/webcast.html?webcastid=dWkOg7Q4 The webcast will be archived for 12 months following the call. Replay Information A replay of the conference call will be available beginning approximately three hours after the call ends and will remain accessible through May 28, 2026: •  U.S. Toll-Free: 877-660-6853 / 201-612-7415 •  International: 201-612-7415 •  Canada Toll-Free: 877-660-6853 / 201-612-7415 •  Replay Access Code: 13760775 About NextNRG, Inc. NextNRG Inc. (NextNRG) is Powering What's Next by integrating artificial intelligence (AI) and machine learning (ML) into utility infrastructure, battery storage, wireless EV in-motion charging, renewable energy and mobile fuel delivery, to create a unified platform for modern energy management.At the core of its strategy is the Next Utility Operating System®, which uses AI to optimize both new and existing infrastructure across microgrids, utilities, and fleet operations. NextNRG's smart microgrids serve commercial, healthcare, educational, tribal, and government sites delivering cost savings, reliability, and decarbonization. The company also operates one of the nation's largest on-demand fueling fleets and is advancing wireless charging to support fleet electrification.To learn more, visit www.nextnrg.com. Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG's goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as "expect," "intends," "will," and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG's business and macroeconomic and geopolitical events. These and other risks are described in NextNRG's filings with the Securities and Exchange Commission from time to time. NextNRG's forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements. Investor Relations Contact NextNRG, Inc.Sharon Cohen [email protected]

MIAMI, FL, May 15, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced it will host a conference call on Monday, May 18, 2026 at 9:00 a.m. Eastern Time to discuss its first quarter 2026 financial results and provide a corporate update. Conference Call Details • Date: Monday, May 18, 2026 • Time: 9:00 a.m. Eastern Time • Participant Dial-In (U.S. Toll-Free): 877-407-9219 / +1 412-652-1274 • Participant Dial-In (International): +1 412-652-1274 • Participant Dial-In (Canada Toll-Free): 877-407-9219 / +1 412-652-1274 Webcast Access A live audio webcast of the call will be available at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=EyFyVDMM. The webcast will be archived for 12 months following the call. Replay Information A replay of the conference call will be available beginning approximately one hour after the call and will remain accessible through May 28, 2027: • U.S. Toll-Free: 877-660-6853 / 201-612-7415 • International: 201-612-7415 • Canada Toll-Free: 877-660-6853 / 201-612-7415 • Replay Access Code: 13760198 About NextNRG, Inc. NextNRG Inc. (NextNRG) is Powering What's Next by integrating artificial intelligence (AI) and machine learning (ML) into utility infrastructure, battery storage, wireless EV in-motion charging, renewable energy and mobile fuel delivery, to create a unified platform for modern energy management.At the core of its strategy is the Next Utility Operating System®, which uses AI to optimize both new and existing infrastructure across microgrids, utilities, and fleet operations. NextNRG's smart microgrids serve commercial, healthcare, educational, tribal, and government sites delivering cost savings, reliability, and decarbonization. The company also operates one of the nation's largest on-demand fueling fleets and is advancing wireless charging to support fleet electrification.To learn more, visit www.nextnrg.com. Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG's goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as "expect," "intends," "will," and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG's business and macroeconomic and geopolitical events. These and other risks are described in NextNRG's filings with the Securities and Exchange Commission from time to time. NextNRG's forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements. Investor Relations Contact NextNRG, Inc. Sharon Cohen [email protected]

Revenue Increased 29% Year-Over-Year to $21.1 Million While Gross Profit More Than Tripled Interest Expense Declined 80% as Company Advances Microgrid Pipeline and Optimizes Fueling Operations MIAMI, May 15, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ: NXXT) ("NextNRG" or the "Company"), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced financial results for the first quarter ended March 31, 2026. "Our first quarter results reflect disciplined execution across both segments of our business," said Michael D. Farkas, Founder and CEO of NextNRG. "Revenue grew 29% year-over-year, gross profit more than tripled, and we reduced interest expense by 80% compared to the same quarter last year. These results demonstrate the progress we are making in scaling and optimizing our fueling operations while continuing to advance our energy infrastructure pipeline in a fiscally disciplined manner." Mr. Farkas continued, "We remain focused on what matters: growing revenue, improving unit economics, progressing our microgrid pipeline, and managing our cost structure with discipline. We believe this approach positions NextNRG to deliver long-term value as both segments of our business continue to develop." First Quarter 2026 Financial Highlights (1) Adjusted EBITDA is a non-GAAP financial measure. See reconciliation and Non-GAAP Financial Measures disclosure below. First Quarter 2026 Financial Results Revenue for the three months ended March 31, 2026 was $21,059,130, compared to $16,272,673 in the first quarter of 2025, representing growth of 29% year-over-year. Revenue growth was driven by continued expansion of the Company's mobile fueling operations, including growth in fuel volumes delivered and an increase in the average price per gallon across existing markets. Gross profit increased to $1,711,710, compared to $517,969 in the first quarter of 2025. Gross margin percentage expanded to 8.1% from 3.2% in the prior-year period, reflecting continued improvements in route optimization, fleet utilization, and operating efficiency across the Company's fueling platform. Loss from operations was $10,093,843 for the first quarter of 2026, compared to $5,753,872 for the first quarter of 2025. The increase in operating loss was primarily attributable to $7,859,677 in non-cash stock-based compensation expense recorded during the first quarter of 2026 in connection with shares issued for services. Excluding this non-cash item, the Company continued to make progress on cost discipline relative to revenue growth. Net loss was $10,766,492 for the first quarter of 2026, compared to $8,937,999 for the first quarter of 2025. For the first quarter of 2026, net loss available to common stockholders was $10,880,521 after preferred stock dividends, compared to $8,960,972 for the first quarter of 2025. Interest expense was $680,596 for the first quarter of 2026, compared to $3,323,397 for the first quarter of 2025, representing an 80% reduction year-over-year and reflecting lower financing-related charges and reduced amortization of debt discounts as a result of the Company's refinancing activity in 2025. The Company continues to advance its energy infrastructure segment, including its smart microgrid pipeline, and remains focused on scaling and optimizing its mobile fueling operations. Both segments are being managed with an emphasis on disciplined operational and fiscal execution. Adjusted EBITDA The following table presents a reconciliation of net loss to Adjusted EBITDA for the three months ended March 31, 2026 and 2025: Adjusted EBITDA was $(1,155,146) for the first quarter of 2026, compared to $(3,395,542) for the first quarter of 2025. The $2,240,396 improvement year-over-year reflects the significant reduction in interest expense and improvement in gross profit, partially offset by the increase in non-cash stock-based compensation expense recorded during the first quarter of 2026. Balance Sheet and Liquidity As of March 31, 2026, the Company had: Cash and cash equivalents of $208,048, compared to $2,116,932 and $384,140 at March 31, 2025 and December 31, 2025, respectively Total assets of $12,263,129, compared to $11,063,353 at December 31, 2025 Accounts receivable of $2,900,153, compared to $2,039,214 at December 31, 2025 Management continues to evaluate multiple financing and strategic initiatives intended to support working capital requirements, operational growth, and expansion of the Company's energy infrastructure platform. Looking Ahead: Scaling the Integrated Energy Platform NextNRG is focused on expanding its integrated platform across three infrastructure-aligned revenue streams: Utility Operating System and Smart Microgrids: Advancing the Company's AI-driven microgrid pipeline across commercial, healthcare, municipal, industrial and federal markets through power purchase agreements and SaaS arrangements. Wireless EV Charging: Progressing from development toward commercial deployment, with a focus on fleet operators, logistics facilities, and industrial equipment applications. Mobile Fueling Logistics: Continuing to scale and optimize national fueling operations with a focus on route efficiency, fleet utilization, and disciplined cost management. Non-GAAP Financial Measures Adjusted EBITDA is a non-GAAP financial measure. Adjusted EBITDA should not be considered a substitute for measures prepared in accordance with accounting principles generally accepted in the United States (“GAAP”), nor should it be viewed as a substitute for operating results determined in accordance with GAAP. We believe that the presentation of Adjusted EBITDA, which excludes the impact of net interest expense, taxes, depreciation, amortization, and stock-based compensation expense, provides useful supplemental information that is essential to a proper understanding of our financial results. Non-GAAP measures are not formally defined by GAAP, and other entities may use calculation methods that differ from ours for the purposes of calculating Adjusted EBITDA. As a complement to GAAP financial measures, we believe that Adjusted EBITDA assists investors who follow the practice of some investment analysts who adjust GAAP financial measures to exclude items that may obscure underlying performance and distort comparability. See the reconciliation of net loss to Adjusted EBITDA above. About NextNRG, Inc. NextNRG, Inc. (NextNRG) is Powering What's Next by integrating artificial intelligence (AI) and machine learning (ML) into utility infrastructure, battery storage, wireless EV in-motion charging, renewable energy and mobile fuel delivery, to create a unified platform for modern energy management.At the core of its strategy is the Next Utility Operating System®, which uses AI to optimize both new and existing infrastructure across microgrids, utilities, and fleet operations. NextNRG's smart microgrids serve commercial, healthcare, educational, tribal, and government sites delivering cost savings, reliability, and decarbonization. The company also operates one of the nation's largest on-demand fueling fleets and is advancing wireless charging to support fleet electrification.To learn more, visit www.nextnrg.com. Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG's goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as "expect," "intends," "will," and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG's business and macroeconomic and geopolitical events. These and other risks are described in NextNRG's filings with the Securities and Exchange Commission from time to time. NextNRG's forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements. Investor Relations Contact NextNRG, Inc. Sharon Cohen [email protected]

This article first appeared on GuruFocus. Revenue: $81.8 million in 2025, up from $27.8 million in 2024, a 195% increase. Q4 Revenue: Approximately $23 million, with monthly breakdowns of $7.4 million in October, $7.5 million in November, and $8 million in December. Gross Margin: Improved from 8.4% for the full year to 10.4% in Q4. Gross Profit: $6.9 million in 2025, up from $1.8 million in 2024. Net Loss: GAAP net loss of $88.2 million in 2025. Stock-Based Compensation: $42.6 million, noncash. Interest Expense: $17.3 million, including $9.6 million in noncash amortization of debt discount. Impairment Charge: $8.5 million, nonrecurring and noncash. Adjusted EBITDA Loss: $7.1 million in 2025, compared to $8.9 million in 2024. Net Cash Used in Operating Activities: $16.7 million in 2025. Equity Raise: $50 million in February 2025 for working capital. Energy Infrastructure Pipeline: Approximately $750 million in planned projects. Warning! GuruFocus has detected 3 Warning Signs with NXXT. Is NXXT fairly valued? Test your thesis with our free DCF calculator. Release Date: April 16, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. NextNRG Inc (NASDAQ:NXXT) achieved a remarkable 195% revenue growth from $27.8 million in 2024 to $81.8 million in 2025, driven by its on-site mobile fueling business. The company successfully integrated two acquisitions, Shelf Tap Up Assets and Yoshi Mobility, expanding its market presence to Phoenix, Austin, San Antonio, and Houston. NextNRG Inc (NASDAQ:NXXT) improved its gross margin from 8.4% for the full year to 10.4% in Q4, indicating operational efficiency and optimization. The company secured its first power purchase agreements for smart microgrids, marking a significant step in its Energy Infrastructure segment. NextNRG Inc (NASDAQ:NXXT) has a robust pipeline of planned smart microgrid projects valued at approximately $750 million, spanning various sectors and stages of development. The company reported a GAAP net loss of $88.2 million for 2025, with significant noncash expenses such as $42.6 million in stock-based compensation. NextNRG Inc (NASDAQ:NXXT) faced a working capital deficit of approximately $25 million and ended the year with a cash position of only $384,000. The company relies on high-interest debt instruments to fund operations, which it aims to reduce by increasing operating cash flow. An $8.5 million impairment charge was recorded, impacting the reported net loss, although it was a nonrecurring noncash accounting adjustment. The Energy Infrastructure business requires long lead times for project development, which can span years, delaying revenue generation from this segment. Q: You recorded $42.6 million in stock-based compensation in 2025. Who received that compensation? What was it tied to? And how should investors think about dilution going forward? A: Joel Kleiner, Chief Financial Officer: The stock-based compensation was tied to the merger, building an executive team, and launching the Energy Infrastructure business. This level of compensation is not expected to continue as the company stabilizes. We are aware of dilution concerns and consider them in our decisions. Q: Cash at year-end was $384,000 with a working capital deficit of approximately $25 million. How does NextNRG plan to manage this in 2026, and what does the financing plan look like? A: Joel Kleiner, Chief Financial Officer: The cash position at year-end doesn't fully reflect our liquidity. We have active debt facilities and access to capital markets. As infrastructure contracts close, they bring project-level financing, reducing reliance on corporate balance sheets. Our goal is to reduce dependence on high-cost debt by growing operating cash flow and closing contracts with their own financing. Q: When will the Energy Infrastructure business start generating revenue, and what does the margin profile look like compared to the Fueling business? A: Michael Farkas, CEO: The Energy Infrastructure business has a different margin profile, with higher margins expected once assets are deployed. The Fueling business operates on fuel margins, while the Energy business operates on contracted rates with fixed costs, leading to potentially higher margins. Q: What is the path to cash flow breakeven, and what operational changes are needed to achieve it? A: Michael Farkas, CEO: To reach cash flow breakeven, we need to continue scaling the Fueling business's gross profit, close and monetize Energy Infrastructure contracts, and rightsize operating expenses. As contracts close and revenue increases, the ratio of expenses to revenue will improve. Q: How is management thinking about capital allocation as the Fueling business matures and Energy contracts close? A: Michael Farkas, CEO: The Fueling business funds itself, with capital needs tied to fleet expansion. On the Energy side, project financing covers capital needs, while corporate investment focuses on development and sales. The model itself provides discipline and guardrails to prevent overextension. For the complete transcript of the earnings call, please refer to the full earnings call transcript.