Growth & profitability
- Revenue has grown 17.6% per year over the past 5 years.
- Operating margin has expanded, at -440.5% in the latest year.
NTRP Financials NextTrip, Inc.
15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $4M | -$16M | 17.6% | -440.5% | — | — | $2M |
| 2025 | $501423 | -$10M | 0.7% | -1478.5% | — | — | $1M |
| 2024 | $458752 | -$7M | 13.3% | -1238.0% | -$6M | — | $323805 |
| 2023 | $382832 | -$5M | 7.3% | -1293.5% | -$4M | — | $282475 |
| 2022 | $630428 | -$9M | 44.5% | -1387.8% | -$8M | — | $3M |
| 2021 | $2M | -$7M | 66.1% | -513.4% | -$6M | — | $11M |
| 2020 | $807488 | -$5M | 26.7% | -705.7% | -$5M | — | $4M |
| 2019 | $402446 | -$6M | -42.7% | -1586.2% | -$6M | — | $86919 |
| 2018 | $388574 | -$6M | 30.5% | -1433.1% | -$4M | — | $1M |
| 2017 | — | -$4M | — | — | -$3M | — | $2M |
| 2016 | — | -$2M | — | — | — | — | $398391 |
| 2015 | — | -$2M | — | — | -$1M | — | $2M |
| 2014 | — | -$3M | — | — | — | — | $3M |
| 2013 | — | -$734117 | — | — | -$322912 | — | $992448 |
| 2012 | — | -$685566 | — | — | -$482475 | — | $150071 |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Feb '26 | $2M | -$5M | 14.2% | -335.9% | — | — | $2M |
| Nov '25 | $1M | -$3M | 18.1% | -257.0% | — | — | $2M |
| Aug '25 | $757648 | -$3M | 21.9% | -422.7% | — | — | $2M |
| May '25 | $138827 | -$4M | 28.0% | -3342.1% | — | — | $130906 |
| Feb '25 | $83497 | -$5M | -10.6% | -2656.6% | — | — | $1M |
| Nov '24 | $74635 | -$2M | -2.8% | -2376.3% | — | — | $15385 |
| Aug '24 | $154498 | -$2M | -0.6% | -951.0% | — | — | $102006 |
| May '24 | $188793 | -$2M | 8.1% | -1034.1% | — | — | $36679 |
| Feb '24 | $205738 | -$4M | 5.7% | -1133.1% | — | — | $323805 |
| Nov '23 | $205789 | -$1M | 21.2% | -598.2% | — | — | — |
| Sep '23 | $141988 | -$871661 | -24.0% | -634.1% | — | — | $556087 |
| Aug '23 | $27663 | -$1M | 14.2% | -3929.4% | — | — | — |
| Jun '23 | $97043 | -$1M | 62.4% | -1343.8% | — | — | $368443 |
| May '23 | $19562 | -$1M | 9.4% | -5265.2% | — | — | — |
| Mar '23 | $130159 | -$2M | 51.1% | -1368.8% | — | — | $1M |
| Dec '22 | $153679 | -$2M | 75.9% | -1265.5% | -$2M | — | $3M |
| Sep '22 | $188245 | -$2M | 57.7% | -1213.5% | -$2M | — | $5M |
| Jun '22 | $236660 | -$2M | 18.4% | -944.7% | -$2M | — | $7M |
| Mar '22 | $51844 | -$2M | 22.7% | -4405.4% | -$2M | — | $9M |
| Dec '21 | $349240 | -$2M | 56.9% | -685.9% | -$2M | — | $11M |
Valuation over time
How the market has priced NTRP against its own fundamentals since 2024-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has fallen from 127.3× (Mar '24) to 7.7× (Jun '26).
P/S
Frequently asked questions
Is NTRP growing its revenue and profit?
Over the past 5 years, NextTrip, Inc.'s revenue has grown 17.6% per year. These are computed facts, not advice.
How much debt does NTRP have?
As of FY2026, NextTrip, Inc. reported — of total debt against $2M of cash.
What is NTRP's profit margin?
In FY2026, gross margin was 17.6%, operating margin -440.5%, and net margin -428.3%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.