NextBoat Q2 FY26 turns to net loss of $2.1 million; revenue rises 88.4% to $59.1 million
Reuters2026/08/13 20:08- NextBoat posted Q2 FY2026 revenue up 88.4% to USD 59.1 million, while net results turned to a USD 2.1 million loss.
- Gross profit more than doubled to USD 9.5 million, lifting gross margin 0.9 percentage points to 16.1%.
- Units sold hit a record 255, while transaction volume rose about 138% year over year.
- Broker network expanded to 111 brokers; partnership with MarineMax advanced, naming it preferred wholesale and trade-in partner.
- Maintained full-year 2026 revenue outlook of USD 165 million to USD 170 million; CEO Brian John highlighted a push toward higher-margin revenue.
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