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NextPlat Corp Common Stock
As of May 30, 2026 at 24:05 UTC
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About NextPlat Corp Common Stock
NextPlat Corp is an e-commerce and healthcare company. The company operates in two segments: e-Commerce Operations involves acquiring and leasing an e-commerce platform; and Healthcare Operations provides TPA, data management, COVID-19 related diagnostics and vaccinations, prescription pharmaceuticals, and Others.
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Latest News
5 articlesNextPlat Corp announced a 1-for-10 reverse stock split effective April 13, 2026, consolidating approximately 26.9 million shares into 2.7 million shares. The company's common stock will continue trading under ticker symbol NXPL with a new CUSIP number. Shareholders with fractional shares will receive cash payments in lieu.
NextPlat Corp announced a partnership with HealthWarehouse.com to enable nationwide prescription and over-the-counter medication fulfillment across all 50 U.S. states. The collaboration significantly expands NextPlat's healthcare footprint beyond Florida, where it currently generates over 70% of its $55 million annual revenue, and aims to accelerate geographic expansion and e-commerce growth in 2026.
NextPlat Corp reported strong sequential momentum in Q4 2025 with expected $55 million in annual revenue. The company expects significant gross margin expansion of 20-25% in Q1 2026, driven by growth in higher-margin 340B healthcare services and contracted fulfillment. Cost reduction initiatives and operational efficiencies are underway, with management expecting meaningful reductions in operating losses by mid-2026.
NextPlat Corp provides an update on its strategic progress across healthcare services, communications, and e-commerce channels, highlighting cost reduction efforts, new contracts, and technology investments aimed at driving growth and profitability.
NextPlat's interim CEO David Phipps outlined strategic plans to improve healthcare and e-commerce divisions, focusing on operational efficiency, cost reduction, and exploring growth opportunities following the unexpected passing of former CEO Charles M. Fernandez.