NextTrip, Inc. income statement NTRP

Annual Quarterly

In Q2 of fiscal 2027, the quarter ended Aug 31, 2026, NextTrip, Inc. reported revenue of $546,687, down 27.8% from the same quarter a year earlier. It recorded a net loss of $3.7 million. The operating loss came to $3.3 million, an operating margin of -606.8%.

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

Line	TTM Aug 31, 2026	Q2 FY2027 Aug 31, 2026	Q1 FY2027 May 31, 2026	Q4 FY2026 Feb 28, 2026	Q3 FY2026 Nov 30, 2025	Q2 FY2026 Aug 31, 2025	Q1 FY2026 May 31, 2025	Q4 FY2025 Feb 28, 2025	Q3 FY2025 Nov 30, 2024
Revenue	5 +356.8%	1 -27.8%	1 +945.7%	2 +1838.9%	1 +1508.0%	1 +390.4%	0 -26.5%	0	0
Cost of revenue	—	—	1 +1144.6%	1 +1403.7%	1 +1180.3%	1 +280.9%	0 -42.4%	0	0
Gross profit	1 +330.0%	0 +6.3%	0 +434.9%	0 +2709.0%	0 +10377.8%	0 +17401.5%	0 +155.8%	-0	-0
Selling, general and administrative	0 +3.8%	0 -35.2%	0 +40.5%	0 +187.5%	0 +96.9%	0 +182.3%	0 -34.4%	0	0
Operating income	-15 -24.7%	-3 -3.6%	-3 +37.2%	-5 -145.1%	-3 -73.9%	-3 -118.0%	-5 -137.6%	-2	-2
Other non-operating income (expense)	0	0 -99.5%	-0 -100.0%	0	0	1	1	—	—
Other income (expense)	-1 +70.8%	-0 -221.9%	-0 -209.2%	0 +106.6%	-0 +19.3%	0 +574.4%	0 +650.2%	-2	-0
Pretax income	-15 -10.2%	-4 -27.3%	-3 +29.7%	-5 -15.1%	-3 -63.0%	-3 -89.0%	-4 -123.7%	-5	-2
Income tax	—	0	—	—	—	—	—	—	—
Net income	-15 -10.3%	-4 -28.5%	-3 +29.9%	-5 -14.9%	-3 -63.0%	-3 -88.8%	-4 -125.3%	-5	-2
Net income to common	-16 -8.9%	-4 -21.8%	-3 +30.4%	-5 -15.4%	-3 -62.7%	-3 -99.4%	-5 -127.3%	-5	-2
Basic EPS	-1.23 +34.6%	-0.25 +35.9%	-0.22 +67.6%	-0.44 +44.3%	-0.37 -5.7%	-0.39 +65.8%	-0.68 +56.1%	-0.78	-0.35
Diluted EPS	—	—	-0.22 +67.6%	-0.44 +44.3%	-0.37 -5.7%	-0.39 +65.8%	-0.68 +56.1%	-0.78	-0.35
Weighted average shares, basic	13 +66.7%	15 +87.2%	14 +117.4%	12 +107.2%	9 +54.3%	8 +483.2%	7 +414.8%	6	6
Weighted average shares, diluted	—	—	14 +117.4%	12 +107.2%	9 +54.3%	8 +483.2%	7 +414.8%	6	6
Other measures
Depreciation and amortization	1 +78.9%	0 +55.4%	0 +62.9%	0 +121.5%	0 +83.2%	0 +127.0%	0 -28.1%	0	0
EBITDA	-13 -21.0%	-3 +0.2%	-3 +41.9%	-5 -147.2%	-3 -73.1%	-3 -117.4%	-4 -166.3%	-2	-2
Margins
Gross margin	17.27%	32.19%	14.33%	14.24%	18.12%	21.85%	28.02%	-10.58%	-2.84%
Operating margin	-306.25%	-606.77%	-200.71%	-335.89%	-257.04%	-422.74%	-3,342.10%	-2,656.63%	-2,376.27%
Pretax margin	-319.06%	-674.70%	-215.29%	-326.20%	-272.93%	-382.52%	-3,202.49%	-5,497.28%	-2,692.88%
Profit margin	-319.79%	-681.14%	-215.29%	-326.20%	-272.93%	-382.52%	-3,210.64%	-5,506.13%	-2,692.12%
EBITDA margin	-278.27%	-545.19%	-177.52%	-311.06%	-234.32%	-394.15%	-3,193.25%	-2,439.34%	-2,176.89%

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. 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.