NextPlat Corp, along with its subsidiaries, specializes in providing advanced mobile satellite services (MSS). These offerings encompass satellite-enabled voice and data communication, comprehensive personnel and asset tracking, machine-to-machine (M2M) solutions, and Internet of Things (IoT) connectivity, serving clients across the United States and internationally. Their product portfolio features satellite communication devices that empower users to make voice calls, exchange text messages and emails, and transmit GPS coordinates from virtually any location. Additionally, NextPlat offers GPS-enabled emergency locator distress beacons, facilitating vital communication between individuals and search and rescue organizations during emergencies, while pinpointing precise locational information. Another innovative product is SolarTrack, a solar-powered IoT tracking device designed for monitoring mobile or remote outdoor assets. The company also provides GTCTrack, a subscription-based mapping and tracking portal that allows managers to efficiently monitor, command, and control their assets in near real-time. NextPlat's solutions cater to a diverse clientele, including businesses, governmental bodies, military organizations, humanitarian groups, and individual users. Distribution channels include direct sales to end-users, established reseller networks, company-operated e-commerce websites offering a broad spectrum of MSS products, and various third-party e-commerce storefronts for portable satellite voice, data, and tracking solutions. Formerly known as Orbsat Corp, the company adopted its current name, NextPlat Corp, in January 2022. Its corporate headquarters are situated in Coconut Grove, Florida.
Previous close
$9.00
−$0.15 · -1.64%
After-hours
$8.75
−$0.25 · -2.78%
Oct 9, 7:00 PM ET
Regular session · ET · Market data may be delayed.
NextPlat Corp, along with its subsidiaries, specializes in providing advanced mobile satellite services (MSS). These offerings encompass satellite-enabled voice and data communication, comprehensive personnel and asset tracking, machine-to-machine (M2M) solutions, and Internet of Things (IoT) connectivity, serving clients across the United States and internationally. Their product portfolio features satellite communication devices that empower users to make voice calls, exchange text messages and emails, and transmit GPS coordinates from virtually any location. Additionally, NextPlat offers GPS-enabled emergency locator distress beacons, facilitating vital communication between individuals and search and rescue organizations during emergencies, while pinpointing precise locational information. Another innovative product is SolarTrack, a solar-powered IoT tracking device designed for monitoring mobile or remote outdoor assets. The company also provides GTCTrack, a subscription-based mapping and tracking portal that allows managers to efficiently monitor, command, and control their assets in near real-time. NextPlat's solutions cater to a diverse clientele, including businesses, governmental bodies, military organizations, humanitarian groups, and individual users. Distribution channels include direct sales to end-users, established reseller networks, company-operated e-commerce websites offering a broad spectrum of MSS products, and various third-party e-commerce storefronts for portable satellite voice, data, and tracking solutions. Formerly known as Orbsat Corp, the company adopted its current name, NextPlat Corp, in January 2022. Its corporate headquarters are situated in Coconut Grove, Florida.
Day range
Current $9.00
52-week range
Current $9.00
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
38
Expensive
Sentiment
64
Bullish
Risk
73
High Risk
Momentum
69
Gaining
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
NextPlat Corp, along with its subsidiaries, specializes in providing advanced mobile satellite services (MSS). These offerings encompass satellite-enabled voice and data communication, comprehensive personnel and asset tracking, machine-to-machine (M2M) solutions, and Internet of Things (IoT) connectivity, serving clients across the United States and internationally. Their product portfolio features satellite communication devices that empower users to make voice calls, exchange text messages and emails, and transmit GPS coordinates from virtually any location. Additionally, NextPlat offers GPS-enabled emergency locator distress beacons, facilitating vital communication between individuals and search and rescue organizations during emergencies, while pinpointing precise locational information. Another innovative product is SolarTrack, a solar-powered IoT tracking device designed for monitoring mobile or remote outdoor assets. The company also provides GTCTrack, a subscription-based mapping and tracking portal that allows managers to efficiently monitor, command, and control their assets in near real-time. NextPlat's solutions cater to a diverse clientele, including businesses, governmental bodies, military organizations, humanitarian groups, and individual users. Distribution channels include direct sales to end-users, established reseller networks, company-operated e-commerce websites offering a broad spectrum of MSS products, and various third-party e-commerce storefronts for portable satellite voice, data, and tracking solutions. Formerly known as Orbsat Corp, the company adopted its current name, NextPlat Corp, in January 2022. Its corporate headquarters are situated in Coconut Grove, Florida.
Day range
Current $9.00
52-week range
Current $9.00
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 54.32M USD | 65.48M USD | 37.76M USD | 11.71M USD | 7.74M USD |
| Cost of goods sold | 43.42M USD | 49.25M USD | 26.45M USD | 9.22M USD | 5.88M USD |
| Gross profit | 10.91M USD | 16.23M USD | 11.31M USD | 2.49M USD | 1.86M USD |
| Selling, general, and administrative | 19.01M USD | 7.86M USD | 18.53M USD | 9.2M USD | 8.16M USD |
| Operating expenses | 19.66M USD | 39.85M USD | 34.54M USD | 9.69M USD | 8.48M USD |
| Interest income | 358K USD | 731K USD | 620K USD | 21K USD | 6.88K USD |
| Interest expense | 64K USD | 81K USD | 79K USD | 24K USD | 1.47M USD |
| Depreciation and amortization | 1.04M USD | 2.82M USD | 2.53M USD | 596K USD | 350.07K USD |
| Operating income | −8.75M USD | −23.62M USD | −23.23M USD | −7.2M USD | −6.62M USD |
| Net income | −11.71M USD | −14.03M USD | −3.78M USD | −9.16M USD | −8.11M USD |
Company facts updated Oct 10, 2026.
Recent quarterly results
Recent quarterly results
| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Apr 13, 2026 | 1:10 | — | — |
Stock split | May 28, 2021 | 1:5 | — | — |
Stock split | Aug 19, 2019 | 1:15 | — | — |
Stock split | Mar 8, 2018 | 1:150 | — | — |
Stock split | Aug 18, 2015 | 1:150 | — | — |
Stock split | Apr 21, 2014 | 1:150 | — | — |
Effective Apr 13, 2026
1:10
Effective May 28, 2021
1:5
Effective Aug 19, 2019
1:15
Effective Mar 8, 2018
1:150
Effective Aug 18, 2015
1:150
Effective Apr 21, 2014
1:150
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Extended Market ETFVXF164.28K0.00%95.4B USD0.05%$235+0.80%
Vanguard Morningstar Total Stock Market ETFVTI43.09K—2.3T USD0.03%$381.94+0.63%
Dimensional - US Sustainability Core 1 ETFDFSU13K0.00%2.39B USD0.15%$48.11+0.48%
U.S. Core Equity 1 Portfolio ETF Class SharesDCOR1.9K0.00%45.59B USD0.17%$84.44+0.44%
Vanguard Extended Market ETFVXF
Vanguard Morningstar Total Stock Market ETFVTI
Dimensional - US Sustainability Core 1 ETFDFSU
U.S. Core Equity 1 Portfolio ETF Class SharesDCORAI-generated and delayed market data for informational and educational purposes only. Not investment advice.