Company / Gross Margin
NextPlat Corp Gross Margin History
FY2014-FY2022 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
24.0%
FY2022
5-year range
18.1% / 24.0%
FY2018-FY2022
Trend
+11.6%
vs FY2021
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has increased for 3 consecutive years, from 18.1% in FY2019 to 24.0% in FY2022.
Based on SEC 10-K filings.
24.0% in FY2022 with a 5-year CAGR of +1.2%.
Improved from 20.8% to 24.0% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- +6.0pp
- 5-Year Change
- +1.2pp
- 10-Year Change
- -
Key checks
Key Insights
- NextPlat Corp's gross margin has grown for 3 consecutive years.
- In FY2022, gross margin increased 11.6% year-over-year.
- Peak gross margin was recorded in FY2014.
- Lowest gross margin in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score 0.69 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2022 | 24.0% | +11.6% |
| FY2021 | 21.5% | +3.4% |
| FY2020 | 20.8% | +15.3% |
| FY2019 | 18.1% | -5.7% |
| FY2018 | 19.2% | -16.3% |
| FY2017 | 22.9% | -8.2% |
| FY2016 | 24.9% | -11.4% |
| FY2015 | 28.1% | -71.2% |
| FY2014 | 97.6% | - |
As of FY2022 · SEC 10-K · Updated Jun 28, 2026