Web3MediaBreaks – NextPlat Corp (NASDAQ: NXPL, NXPLW) Highlights Turnaround Progress With Margin Expansion and Path to Profitability

NextPlat (NASDAQ: NXPL, NXPLW) announced continued progress in its turnaround strategy, citing expected lower operating expenses, improved margins and sequential performance gains in Q1 2026 driven by higher-margin contracted healthcare services. The company anticipates gross margins exceeding 34% and operating expense reductions of approximately 9% quarter over quarter, while targeting positive operating income by Q3 2026, supported by growing 340B contract activity, improved segment profitability and a solid balance sheet with approximately $11 million in cash and no unsecured debt.

To view the full press release, visit: https://ibn.fm/gPJCd

About NextPlat Corp.

NextPlat is a global consumer products and services company providing healthcare and technology solutions through e-Commerce and retail channels worldwide. Through acquisitions, joint ventures, and collaborations, the Company seeks to assist businesses in selling their goods online, domestically, and internationally, allowing customers and partners to optimize their e-Commerce presence and revenue. NextPlat currently operates an e-Commerce communications division offering voice, data, tracking, and IoT products and services worldwide as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care.

NOTE TO INVESTORS: The latest news and updates relating to NXPL are available in the company’s newsroom at https://ibn.fm/NXPL

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