10-Q · May 13, 2026
Nixxy, Inc. reported significant revenue growth in Q4 2026, reaching approximately $29.09 million, a substantial increase from just $1.26 million in Q4 2025, marking a 2205% year-over-year change. Although the company…
Earnings analysis · 10-Q
NIXX earnings analysis
Filed August 12, 2026 · Our reading of the company's report
The latest report
The supplied 10-Q excerpt provides no income statement, balance sheet, cash-flow, segment, or MD&A financial data, so quarterly operating trends cannot be assessed from the available text. The principal disclosed…
Read full summary
The supplied 10-Q excerpt provides no income statement, balance sheet, cash-flow, segment, or MD&A financial data, so quarterly operating trends cannot be assessed from the available text. The principal disclosed development is the remediation of 2 material weaknesses identified as of December 31, 2024, with management concluding that internal controls were effective as of June 30, 2026. No quantitative guidance or new risk-factor change was disclosed.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Material Weaknesses Remediated
Management concluded that the previously identified material weaknesses in internal control over financial reporting had been remediated as of March 31, 2026.
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Disclosure Controls Effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026, following remediation efforts.
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Accounting Controls Strengthened
The company strengthened its control environment during 2025 through enhanced review controls, expanded technical-accounting documentation, increased cross-functional coordination, and hiring experienced accounting professionals.
What to watch
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Remediation Execution Risk
The company previously identified 2 material weaknesses as of December 31, 2024, involving segregation of duties and technical accounting expertise. Although management concluded they were remediated as of March 31, 2026, the effectiveness of the remediation remains important to reliable financial reporting.
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Existing 10-K Risks Continue
The filing states that the risk factors in the 2025 Form 10-K filed April 15, 2026 continue to apply and that additional risks may also exist. No new or amended risk factor was identified in this 10-Q.
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Limited Current-Period Disclosure
The supplied filing text does not provide current-period revenue, operating results, balance-sheet data, or cash-flow figures, limiting assessment of liquidity and operating performance for the quarter ended June 30, 2026.
Management's outlook
No quantitative revenue or EPS outlook was provided in the supplied 10-Q text; the filing’s risk-factor section refers to the risks in the 2025 Form 10-K.
Earlier filings 4
10-K · April 15, 2026
Nixxy completed its strategic pivot away from legacy recruiting operations with the December 30, 2025 divestment and is positioning an AI-enabled telecommunications and edge-infrastructure platform (NIXXY COMM™, NIXXY…
10-Q · November 13, 2025
Nixxy reported a Q3 revenue surge to $31,914,932 (from $135,886 in Q3 2024) with GAAP loss per share narrowing to $(0.10). Gross profit was only $103,043 (≈0.3% gross margin) and operating loss was $(2,162,449) (≈-6.8%…
10-Q · August 13, 2025
Nixxy reported a sharp revenue ramp to $13,465,176 in Q2 2025 (up from $133,101 in Q2 2024) but remains unprofitable with a GAAP net loss attributable to common shareholders of $4,167,429 in the quarter (six‑month loss…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.