Q2 FY26 results improve as revenue and losses narrow
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.
The company also closed a USD 6.4 million private placement and continued expansion of its mobile fueling, microgrid controller pipeline, and commercial EV charging business, including wireless technology advancement.
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