NextBoat
Buys, brokers, finances, services, and resells boats across an integrated marine-commerce network.
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Profile
Buys, resells, and brokers new and pre-owned boats while arranging recreational loans and operating service, storage, and recovery activities. Revenue is chiefly from principal inventory sales, with finance and brokerage contributing fee and interest income.
Combines Off The Hook Yachts, Autograph Yacht Group, Azure Funding, and WeBuyBoats.com into a used-boat commerce system. The portfolio buys, wholesales, retails, brokers, and takes trade-ins of vessels; Azure matches borrowers with lenders and can finance customers directly. Apex Marine adds South Florida sales, service, refit, storage, hauling, and marina capacity.
Acts as principal for owned inventory and agent for brokerage deals, creating gross boat sales alongside commissions, financing income, and service-related revenue. Physical sites and a decentralized dealer-and-broker network support acquisition, reconditioning, display, and delivery in East Coast, Gulf, and South Florida markets.
Depends on floorplan credit, trade-in valuation and resale discipline, consumer credit, and manufacturer, dealer, private-seller, and auction supply channels. The non-exclusive MarineMax arrangement covers pre-owned transactions, financing, insurance, and platform use, while MarineMax remains a competitive channel.
Company facts
Key statistics
Year to date −18.7% · Average volume (30d) 46.7K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 13, 2026Q2 FY26 | — | −$0.05 | — | $59.1M | $59.1M | 0.0% | −4.29% |
| May 14, 2026Q1 FY26 | — | −$0.14 | — | $29.8M | $29.8M | 0.0% | −2.95% |
| Mar 30, 2026Q4 FY25 | — | −$0.11 | — | — | $37.3M | — | — |
| Dec 15, 2025Q3 FY25 | — | $0.00 | — | — | $24.0M | — | — |
Financial highlights
| 8 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $27.2M | $31.3M | $24.0M | $37.3M | $29.8M | $59.1M | |
| Gross profit | $2.7M | $2.7M | $3.0M | $3.1M | $3.2M | $2.9M | |
| Operating income | $820.6K | $1.1M | $310.4K | −$1.8M | −$2.9M | −$1.0M | |
| Net income | $289.8K | $553.8K | −$66.7K | −$2.6M | −$3.5M | −$1.9M | |
| Diluted EPS | $0.01 | $0.03 | −$0.00 | −$0.11 | −$0.14 | −$0.08 | |
| Gross margin | 9.8% | 8.5% | 12.6% | 8.3% | 10.6% | 4.9% | |
| Operating margin | 3.0% | 3.5% | 1.3% | -4.8% | -9.6% | -1.8% |
Fiscal years (4-quarter sums)FY25 $119.9M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $7.7M · Total debt $81.0M · Total assets $100.5M · Shareholders' equity $12.3M
Dividends
No dividends on record.
Ownership
Shares outstanding 24.36M · Float 8.33M · 34.2% free float
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- MarineMax
Broadest US rival across boat retail, brokerage, finance and service.
- OneWater Marine
Scaled dealership rival in boat sales, finance, service and online traffic.
- Brunswick
Large boat-brand alternative with adjacent finance and protection services.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| NextBoat | $1.90 | −12.44% | $52.9M | — | — | 0.4 | — |
| MarineMax | $52.18 | +0.02% | $1.15B | 306.6 | 37.7 | 0.5 | −7.0% |
| OneWater Marine | $12.15 | +1.08% | $198.9M | — | 11.5 | 0.1 | −4.0% |
| Brunswick | $76.64 | −0.01% | $4.98B | — | 15.6 | 0.9 | +7.7% |
| Median | 306.6 | 15.6 | 0.5 | −4.0% |