NextNRG, a company specialising in artificial intelligence-driven energy technologies, reported preliminary revenue of $7.39mn for the month of October, up 196% from $2.50mn in the same period last year. This performance brings its year-to-date revenue to approximately $65.8mn, far surpassing the full-year 2024 results.
NextNRG’s growth pace reflects rising demand for its integrated energy solutions, including smart microgrid technology and electric charging platforms. The group stated this momentum is supported by increased demand from existing clients and the acquisition of new customers across several states.
Proprietary technologies and geographic expansion
The company highlighted the increasing adoption of its products such as the Smart Microgrid Controller, designed to forecast energy prices and optimise battery usage, along with its NextUOS® energy operating system. These tools aim to improve real-time management of energy production and distribution in complex environments.
Furthermore, the RENCAST™ predictive analytics platform and the subsidiary mobile refuelling platform EzFill continued their rollout. EzFill recently expanded operations into a new region, contributing to NextNRG’s nationwide growth strategy. These initiatives supported the 5% month-over-month revenue increase compared to September.
Short-term profitability remains on track
NextNRG’s leadership reiterated its aim to reach short-term profitability, relying on accelerating market demand and continued infrastructure expansion. The company is currently executing a multi-state strategy to broaden its national footprint while strengthening its position in the electric vehicle and distributed energy system segments.
Executive Chairman and Chief Executive Officer Michael D. Farkas stated that the October momentum reflects the sustained strength of the group’s platform. He noted that year-to-date revenue had already more than doubled that of 2024, illustrating the company’s strong upward trajectory.
