NextPlat Corp (NASDAQ:NXPL) is a technology company that emerged from a series of strategic mergers and acquisitions to become a diversified provider of mobile satellite services and healthcare solutions. Originally founded as Orbsat Corp in 1999, the company went public and operated primarily in satellite communications before rebranding to NextPlat Corp in January 2022. The transformation accelerated with the completion of a merger with Progressive Care in 2024, which added a substantial healthcare segment to its operations. Today, NextPlat operates two main business divisions: an e-commerce segment focused on satellite communication products and services, and a healthcare segment providing pharmacy services primarily to underserved communities. Headquartered in Coconut Grove, Florida, the company serves customers across more than 140 countries while maintaining a significant domestic healthcare presence.
$9.46
+2.94%Price chart
Aug 19Aug 24Aug 27Sep 1Sep 4Sep 10Sep 15Sep 18
Key dataSep 18, 2026
Open$9.07
From 52W high−3.47%
Volume13509.00
Market cap$25.67M
P/E (TTM)—
P/S (TTM)0.5x
Div yield—
Key dataSep 18, 2026
Open
$9.07
From 52W high
−3.47%
Volume
13509.00
Market cap
$25.67M
ValuationView details →
P/E (Fwd)
—
EV/EBITDA
−1.8x
P/E (TTM)
—
RSI (14)
56.3
MomentumView details →
1D Return
+2.94%
YTD Return
+68.73%
SummaryUpdated Jun 1, 2026
Latest newsMore news →
NextPlat Corp's UK subsidiary Global Telesat Communications secured an agreement to sell its satellite-enabled devices and connectivity products on Decathlon's global digital e-commerce platform across 20 countries.5d agoNextPlat Corp announced its Q2 2026 financial results, reporting a 21% sequential revenue increase, an 87% reduction in quarterly net loss to $144,000, and a record gross margin of approximately 40%.38d ago