NextNRG reports 196% october revenue growth to $7.39 million

NextNRG Inc. (NASDAQ: NXXT) reported preliminary October 2025 revenue of $7.39 million, representing a 196% increase from $2.50 million in October 2024, according to a company statement.

The Miami-based energy company's year-to-date revenue through October reached approximately $65.8 million, more than doubling its full-year 2024 revenue of $27 million. October revenue increased 5% sequentially from September's $7.07 million.

"October marks another strong month of year-over-year growth, demonstrating the continued strength of our platform and the expanding adoption of our services," said Michael D. Farkas, Executive Chairman and CEO.

The company attributed the growth to stronger utilization from both new and existing customers. NextNRG operates AI-driven energy solutions including smart microgrid technology, battery storage systems, and mobile fuel delivery services through its EzFill subsidiary, which expanded into a new region during October.

NextNRG's energy platform includes Smart Microgrid Controller technology for power price forecasting, the NextUOS Utility Operating System for coordinating multiple power sources, and RENCAST Predictive Analytics. The company also operates mobile onsite refueling services and is developing wireless EV charging solutions.

The financial results are preliminary and unaudited, with final results subject to completion of standard month-end closing procedures. NextNRG stated it believes it remains on track to achieve near-term profitability goals.

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