8-KAccepted Oct 15, 4:07 PM ET
NextTrip, Inc.: reports Q2 revenue of approximately $500,000
Accepted (ET)
4:07 PM
Oct 15, 2026
Filed
Oct 15, 2026
Documents
13
Size
282.1 KB
Summary
NextTrip, Inc.: reports Q2 revenue of approximately $500,000
What happened
- NextTrip, Inc. (NASDAQ: NTRP) announced financial results and a business update on Oct 15, 2026 for its fiscal second quarter and six months ended Aug 31, 2026. The filing says second-quarter revenue was approximately $500,000, compared with $757,648 in the prior-year quarter, a decrease of approximately 28%. Revenue for the six-month period increased approximately 122% to approximately $2,000,000, compared with approximately $900,000 in the prior-year period. The filing says deferred revenue totaled approximately $1,200,000 at Aug 31, 2026. The press release is furnished as Exhibit 99.1.
Key details
- The filing says management prioritized enhancements to NextTrip Pro and the consolidation of JOURNY TV and GoUSA TV during the quarter, which contributed to lower second-quarter revenue; those initiatives were substantially completed after quarter-end.
- The filing says JOURNY TV generated more than 307,000,000 viewing minutes from Jan through Aug 2026, averaging approximately 38,000,000 minutes per month, with reported on-screen viewing time exceeding 30 minutes; distribution spans more than a dozen major platforms in approximately 100 countries and estimated potential reach exceeding 250,000,000 viewers (YouTube excluded).
- The filing says that following a Jul 2026 advertising operations transition, average monthly Samsung U.S. programmatic advertising revenue increased approximately 668% in the post-transition reporting period versus the Jan–Jun 2026 monthly average, and average cost per thousand impressions increased nearly sixfold; the filing projects calendar-year 2026 Samsung U.S. programmatic advertising revenue nearly doubling versus calendar-year 2025.
- The filing says the company previously reported a direct-sales pipeline exceeding $5,000,000 in potential media advertising, sponsorship and strategic partnership opportunities developed over the relevant four-month period; these are not contracted commitments.
Why it may matter
- The filing reports under Item 2.02 results of operations and financial condition and under Item 7.01 Regulation FD disclosure, describing recent operating metrics, product and platform changes, advertising results, and management priorities for the second half of fiscal 2027, including NextTrip Pro advisor onboarding, advertising and sponsorship commercialization, broader JOURNYGO deployment, growth in travel bookings, and initial YADA Commerce and NextTrip LIVE initiatives. The filing also includes customary forward-looking statements and related risk language. A filing does not show why the insider traded or why the company acted.