NEW YORK, May 18, 2026, 04:04 EDT
- NextNRG ended regular trading Friday at $0.2804, off 5.94%. In after-hours, shares shot up to $0.5579.
- First-quarter revenue at the company rose 29%, though the net loss grew as well.
- Pre-market trading on Nasdaq kicks off at 4:00 a.m. ET. Regular hours begin at 9:30 a.m. ET.
NextNRG shares were volatile early Monday in pre-market trading as the Nasdaq energy tech name almost doubled after the company posted first-quarter results. The move comes ahead of its investor call set for 9:00 a.m. ET.
Shares finished Friday at $0.2804, off 5.94%. In after-hours, the stock was last quoted at $0.5579, up 98.97%. Volume topped 51 million shares. The jump puts a small-cap stock back in the spotlight after it hovered near its 52-week low during regular hours.
Timing is key here. Nasdaq pre-market opened at 4:00 a.m. ET, ahead of the regular session’s scheduled 9:30 a.m. ET start. Monday is not recognized as a Nasdaq holiday. The next full closure for U.S. markets on Nasdaq’s 2026 list is Memorial Day, May 25.
NextNRG reported Friday that revenue rose 29% to $21.1 million for the quarter ended March 31, with gross profit up at $1.7 million versus $518,000 last year. Interest expense dropped 80% to $681,000. “Revenue grew 29% year-over-year, gross profit more than tripled, and we reduced interest expense by 80%,” Chief Executive Michael D. Farkas said. GlobeNewswire
The report also pointed to a possible reason for the divide: Net loss increased to $10.8 million, up from $8.9 million. The company blamed most of the operating loss on $7.9 million in non-cash stock-based compensation—an accounting charge for issuing shares as payment for services.
Adjusted EBITDA, which excludes interest, depreciation and stock-based compensation, was a loss of $1.2 million, better than the $3.4 million loss reported earlier. Farkas said NextNRG is still targeting “growing revenue, improving unit economics, progressing our microgrid pipeline.” GlobeNewswire
The company said in a Sunday correction that Monday’s conference call will cover first-quarter results and a corporate update, set for 9:00 a.m. ET. The webcast is set to stay online for 12 months, and a phone replay will be up until May 28.
NextNRG’s latest filing shows the company remains focused on fuel delivery, with other aims like AI-grid and wireless charging still on the horizon. Fuel sales brought in $20.25 million in the first quarter, making up 96.16% of revenue, and the company said all quarterly revenue came from mobile fuel deliveries.
That puts its story close, but not fully inside, the market for EV charging and distributed energy stocks like ChargePoint and Blink Charging. ChargePoint says it’s all about EV charging. Blink calls itself an owner, operator and provider of EV charging gear and networked services. NextNRG, on the other hand, wants to fund a move from fuel logistics into microgrids, software, battery storage and wireless EV charging.
Funding is a question mark. NextNRG’s latest quarterly report showed $208,048 in cash as of March 31. The company warned that losses and liquidity needs put “substantial doubt” on its ability to keep going over the next 12 months. It said without affordable new capital, it might have to slow, shrink, or shut down operations.
Speculative stocks had little cover as U.S. indexes dropped Friday. S&P 500 lost 1.2%, Nasdaq shed 1.5%, and the small-cap Russell 2000 fell 2.4%, AP market data showed. Oil and bond yields moved higher. Reuters noted some investors warned that higher Treasury yields could weigh on stocks boosted by earnings strength and AI hopes.
NextNRG’s open on Monday may hinge less on the revenue jump and more on management’s comments around cash, dilution, and the timeline for turning its microgrid and charging plans into booked revenue. The after-hours spike puts attention on the stock and lifts expectations.
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