NextNRG Inc (NXXT) is a mobile fuel delivery company that dispatches trucks to deliver gasoline directly to customers' vehicles, boats, construction sites, generators, and reserve tanks. Revenue comes from two streams: per-gallon fuel sales charged at a fixed price per gallon at time of delivery, and monthly membership fees ($14.99 per month for unlimited deliveries, versus a $6.99 per-delivery fee) as disclosed in the FY2025 10-K filed April 16, 2026. The company serves residential, fleet, commercial, and specialty marine customers. In addition to fuel delivery, NextNRG offers smart microgrid technology products, including the Microgrid Controller, RenCast predictive analytics, Battery State of Charge Management, PEACE Controller, and HOPES Controller, all of which use AI and machine learning. The company was incorporated in Delaware in March 2019 and is headquartered in Miami, Florida. NextNRG has incurred net losses since inception, per the FY2025 annual filing.
- Revenue model
- Two disclosed revenue streams: fuel sales recognized at a fixed price per gallon at time of delivery, and monthly membership fees ($14.99/month for unlimited deliveries or $6.99 per individual delivery) recognized over a one-month cycle. Both are described in the FY2025 10-K (filed April 16, 2026). Segment revenue percentages are not disclosed in the excerpts.
- Products and services
- Mobile fuel delivery via app-based ordering for cars, boats, trucks, construction sites, generators, and reserve tanks. Residential on-demand and scheduled weekly delivery service. Microgrid technology products: Microgrid Controller, RenCast predictive analytics, Battery State of Charge (SoC) Management, PEACE Controller, and HOPES Controller, all incorporating AI/ML for energy management and integration of renewable resources.
- Customers and end markets
- Residential customers in Miami-Dade, Broward, and Palm Beach counties. Commercial fleet customers including national delivery companies, national grocers, OEMs, and equipment rental companies (unnamed in filing). Property management companies and builders who co-market the service to residents. Specialty marine customers at marinas across Miami-Dade and Broward Counties and at private residences. Employers offering fuel delivery as an employee benefit.
- Value-chain role
- Direct-to-consumer and direct-to-fleet fuel distributor operating its own mobile fueling trucks. App-based logistics platform coordinates delivery routing and scheduling. Acts as a preferred delivery partner for at least one third-party boat-owner mobile application.
- Geographic exposure
- Operations disclosed in Miami-Dade, Broward, and Palm Beach counties in Florida as of the FY2025 10-K filed April 16, 2026.
Source: SEC 10-K, filed 2026-04-16
Industry:
Retail-Auto Dealers & Gasoline Stations
Peers:
Stabilis Solutions Inc
Mirage Energy Corp
Evolve Transition Infrastructure LP
Enterprise Products Partners L.P
Imperial Petroleum Inc
Martin Midstream Partners LP
USD Partners LP