NextTrip, Inc. income statement NTRP

Annual Quarterly

In fiscal 2026, which ended Feb 28, 2026, NextTrip, Inc. reported revenue of $3.7 million, up 641.0% from the year before. It recorded a net loss of $15.9 million. The operating loss came to $16.4 million, an operating margin of -440.5%. Diluted earnings per share were -$1.82. Over the twelve months ended Aug 31, 2026, revenue was $4.8 million and the net loss was $15.4 million. Across the 10 fiscal years shown, revenue grew from $966,422 in fiscal 2016 to $3.7 million in fiscal 2026, about 16.1% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2027 Aug 31, 2026	FY 2026 Feb 28, 2026	FY 2025 Feb 28, 2025	FY 2024 Feb 29, 2024	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	5 +356.8%	4 +641.0%	1 +9.3%	0	1 -61.8%	2 +104.6%	1 +100.6%	0 +3.6%	0 -39.4%	1 -33.7%	1
Cost of revenue	—	3 +514.9%	0 +25.3%	0	0 -37.5%	1 -5.4%	1 +3.1%	1 +112.6%	0 -0.8%	0 +19.0%	0
Gross profit	1 +330.0%	1 +19660.3%	0 -94.6%	0	0 -74.3%	1 +406.6%	0 +225.4%	-0 -245.1%	0 -67.9%	0 -50.0%	1 -27.8%
Research and development	—	—	—	—	0 -3.1%	0 +230.8%	0 -80.5%	1 +31.3%	0 +63.4%	0 +150.4%	0 -63.5%
Selling, general and administrative	0 +3.8%	1 +71.3%	0 -36.7%	1	1 +24.6%	1 +76.3%	0 -44.3%	1 +60.3%	0 +43.6%	0	—
Operating income	-15 -24.7%	-16 -120.8%	-7 -30.5%	-6	-9 -3.2%	-8 -48.8%	-6 +10.7%	-6 -14.6%	-6	—	—
Other income (expense)	-1 +70.8%	0 +117.2%	-3 -177.0%	-1	0 -94.8%	1 +119.6%	0 +693.5%	0 +1272.5%	-0 +99.0%	-1	—
Equity in earnings of affiliates	—	-0 -53.0%	-0	—	—	—	—	—	—	—	—
Pretax income	-15 -10.2%	-16 -57.1%	-10 -52.0%	-7	-9 -17.7%	-7 -42.0%	-5 +17.7%	-6 -13.4%	-6 -26.0%	-4 -101.4%	-2 -29.5%
Income tax	—	—	—	—	—	—	—	—	—	—	0
Net income	-15 -10.3%	-16 -57.2%	-10 -38.0%	-7	-9 -17.7%	-7 -42.0%	-5 +17.7%	-6 -13.4%	-6 -26.0%	-4 -101.4%	-2 -29.5%
Net income to common	-16 -8.9%	-16 -59.3%	-10 -39.0%	-7	-9 -16.8%	-7 -6.8%	-7 -10.9%	-6 -13.1%	-6	—	—
Basic EPS	-1.23 +34.6%	-1.82 +18.4%	-2.23 +93.1%	-32.12	-0.83	—	—	—	—	—	—
Diluted EPS	—	-1.82 +18.4%	-2.23 +93.1%	-32.12	—	—	—	—	—	—	—
Weighted average shares, basic	13 +66.7%	9 +95.6%	5 +1900.6%	0	10	—	—	—	—	—	—
Weighted average shares, diluted	—	9 +95.6%	5 +1900.6%	0	—	—	—	—	—	—	—
Other measures
Depreciation and amortization	1 +78.9%	1 +53.9%	1 -51.4%	1	0 +23.4%	0 -10.5%	0 -45.4%	0 +0.1%	0 -2.3%	0 +14.3%	0 +3.3%
EBITDA	-13 -21.0%	-15 -127.9%	-7 -59.1%	-4	-9 -3.0%	-8 -49.9%	-6 +9.7%	-6 -15.2%	-5	—	—
Interest coverage	—	—	—	—	-1,191.15x	-752.79x	-409.75x	—	—	—	—
Margins
Gross margin	17.27%	17.56%	0.66%	13.34%	44.49%	66.10%	26.69%	-42.70%	30.49%	57.51%	76.31%
Operating margin	-306.25%	-440.45%	-1,478.48%	-1,238.00%	-1,387.79%	-513.35%	-705.74%	-1,586.22%	-1,433.14%	—	—
Pretax margin	-319.06%	-427.95%	-2,018.46%	-1,451.08%	-1,378.81%	-447.07%	-643.99%	-1,570.61%	-1,434.52%	-690.20%	-227.32%
Profit margin	-319.79%	-428.25%	-2,018.27%	-1,598.28%	-1,378.81%	-447.07%	-643.99%	-1,570.61%	-1,434.52%	-690.20%	-227.32%
EBITDA margin	-278.27%	-410.91%	-1,336.24%	-917.84%	-1,369.36%	-507.66%	-692.72%	-1,538.37%	-1,383.63%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Transportation Services (SIC 4700)
Listed as: NTRP (Nasdaq)
Fiscal year ends: February 28
Headquarters: Sunrise, FL
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 788611
Former names: SIGMA ADDITIVE SOLUTIONS, INC. (until Mar 12, 2024); SIGMA LABS, INC. (until Aug 11, 2022); FRAMEWAVES INC (until Oct 14, 2010); MESSIDOR LTD (until Jan 26, 2001)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.