# NextPlat Q3 2026 Earnings Report

> NextPlat reports improved healthcare margins and e-commerce growth despite revenue declines.
- Title: NextPlat Q3 2026 Earnings Report · The Motley Fool | Shortify
- Summary: NextPlat reports improved healthcare margins and e-commerce growth despite revenue declines.
- Keywords: nextplat, nxpl, q3 2026, healthcare, e-commerce, 340b contracts, pharmco, scotts pharmacy, contracted pharmacy revenue, operating loss, The Motley Fool
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/11/13/nextplat-nxpl-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-11-13T06:41:52+00:00
- Read time: 1 min
- Topics: nextplat, nxpl, q3 2026, healthcare, e-commerce, 340b contracts, pharmco, scotts pharmacy, contracted pharmacy revenue, operating loss, finance, money
## Q3 2026 Results
Total net revenue decreased to $10.5 million from $13.8 million in prior year period.
## Healthcare Segment
Healthcare segment revenue reached $6.7 million compared to $10.1 million in Q3 2.025.
## Contracted Pharmacy Revenue
Contracted pharmacy revenue increased fourfold to $2.4 million from $0.6 million in prior year.
## 340B Contracts
New 340B contracts brought annual total to 14 entities.
## Healthcare Gross Margin
Healthcare gross margin rose to 41% from 18% in prior year period.
## E-commerce Segment
E-commerce revenue grew 3% to $3.8 million compared to prior year.
## Operating Loss
Operating loss reduced to $0.8 million from $2.2 million in prior year period.
## Scott's Pharmacy
Scott's Pharmacy acquisition completed for $1.5 million on Oct. 1, 2026.
## E-commerce Expansion
E-commerce expanded to 115 countries with Decathlon distribution in 20 countries.
## ATM Program
ATM program raised $140,000 through fourth quarter share sales.
## Medication Fulfillment
Medication fulfillment facility closure caused $0.3 million sequential revenue decline.
## Corporate Overhead
Corporate overhead reduced to $1 million with active reduction efforts.
## Cash Balance
Cash balance declined to $11.2 million from $11.9 million in Q2.
## Healthcare E-commerce Launch
Healthcare e-commerce website delayed to Nov. 2026 for optimization.
## Automated Dispensing
First point-of-care kiosk installation underway for automated dispensing.
## Q4 Guidance
Scott's Pharmacy expected to generate $1.2 million revenue and $150,000 profit in Q4.
## Key takeaway

NextPlat's Q3 2026 revenue dropped to $10.5 million as healthcare margins rose to 35% from 20%.