# NextTrip, Inc.: overview

NTRP · Nasdaq · CIK 788611 · [Industrials](/sectors/industrials.md) · fiscal year ends Feb 28

Pages: [Overview](/companies/ntrp.md) · [Financials](/companies/ntrp/financials.md) · [Filings](/companies/ntrp/filings.md) · [Insiders](/companies/ntrp/insiders.md)

Latest reported revenue: [$546.7k](/filings/0001437749-26-032722.md) for Q2 FY2027, three months to 2026-08-31, from the 10-Q filed Oct 15, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001437749-26-032722).

## Last eight quarters

| Line item | Unit | Q3 FY2025 (2024-11-30) | Q4 FY2025 (2025-02-28) | Q1 FY2026 (2025-05-31) | Q2 FY2026 (2025-08-31) | Q3 FY2026 (2025-11-30) | Q4 FY2026 (2026-02-28) | Q1 FY2027 (2026-05-31) | Q2 FY2027 (2026-08-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [74.6](/filings/0001493152-26-002276.md) | [83.5 d](/filings/0001493152-26-026334.md) | [139](/filings/0001493152-26-033385.md) | [758](/filings/0001437749-26-032722.md) | [1,200](/filings/0001493152-26-002276.md) | [1,619 d](/filings/0001493152-26-026334.md) | [1,452](/filings/0001493152-26-033385.md) | [547](/filings/0001437749-26-032722.md) |
| Gross margin | % | [(2.8%)](/filings/0001493152-26-002276.md) | [(10.6%) d](/filings/0001493152-26-026334.md) | [28.0%](/filings/0001493152-26-033385.md) | [21.9%](/filings/0001437749-26-032722.md) | [18.1%](/filings/0001493152-26-002276.md) | [14.2% d](/filings/0001493152-26-026334.md) | [14.3%](/filings/0001493152-26-033385.md) | [32.2%](/filings/0001437749-26-032722.md) |
| Operating margin | % | [(2376.3%)](/filings/0001493152-26-002276.md) | [(2656.6%) d](/filings/0001493152-26-026334.md) | [(3342.1%)](/filings/0001493152-26-033385.md) | [(422.7%)](/filings/0001437749-26-032722.md) | [(257.0%)](/filings/0001493152-26-002276.md) | [(335.9%) d](/filings/0001493152-26-026334.md) | [(200.7%)](/filings/0001493152-26-033385.md) | [(606.8%)](/filings/0001437749-26-032722.md) |
| Net margin | % | [(2692.1%)](/filings/0001493152-26-002276.md) | [(5506.1%) d](/filings/0001493152-26-026334.md) | [(3210.6%)](/filings/0001493152-26-033385.md) | [(382.5%)](/filings/0001437749-26-032722.md) | [(272.9%)](/filings/0001493152-26-002276.md) | [(326.2%) d](/filings/0001493152-26-026334.md) | [(215.3%)](/filings/0001493152-26-033385.md) | [(681.1%)](/filings/0001437749-26-032722.md) |
| Diluted EPS | $ per share | [(0.35)](/filings/0001493152-26-002276.md) | not reported | [(0.68)](/filings/0001493152-26-033385.md) | [(0.39)](/filings/0001493152-25-018172.md) | [(0.37)](/filings/0001493152-26-002276.md) | not reported | [(0.22)](/filings/0001493152-26-033385.md) | not reported |
| Free cash flow | $k | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2022 (2022-12-31) | FY (2023-02-28) | FY2024 (2024-02-29) | FY2025 (2025-02-28) | FY2026 (2026-02-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [630](/filings/0001493152-23-009743.md) | [383](/filings/0001493152-24-035017.md) | [459](/filings/0001641172-25-012889.md) | [501](/filings/0001493152-26-026334.md) | [3,716](/filings/0001493152-26-026334.md) |
| Gross margin | % | [44.5%](/filings/0001493152-23-009743.md) | [7.3%](/filings/0001493152-24-035017.md) | [13.3%](/filings/0001641172-25-012889.md) | [0.7%](/filings/0001493152-26-026334.md) | [17.6%](/filings/0001493152-26-026334.md) |
| Operating margin | % | [(1387.8%)](/filings/0001493152-23-009743.md) | [(1293.5%)](/filings/0001493152-24-035017.md) | [(1238.0%)](/filings/0001641172-25-012889.md) | [(1478.5%)](/filings/0001493152-26-026334.md) | [(440.5%)](/filings/0001493152-26-026334.md) |
| Net margin | % | [(1378.8%)](/filings/0001493152-23-009743.md) | [(1314.8%)](/filings/0001493152-24-035017.md) | [(1598.3%)](/filings/0001641172-25-012889.md) | [(2018.3%)](/filings/0001493152-26-026334.md) | [(428.3%)](/filings/0001493152-26-026334.md) |
| Diluted EPS | $ per share | not reported | [(70.32)](/filings/0001493152-24-035017.md) | [(32.12)](/filings/0001641172-25-012889.md) | [(2.23)](/filings/0001493152-26-026334.md) | [(1.82)](/filings/0001493152-26-026334.md) |
| Free cash flow | $k | [(8,377)](/filings/0001493152-23-009743.md) | [(3,796)](/filings/0001493152-24-035017.md) | [(5,741)](/filings/0001641172-25-012889.md) | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ntrp/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [ARMISTICE CAPITAL, LLC](/funds/1601086.md) | 2026-06-30 | $860.5k | 402,081 |  | Reduced −273,036 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $480.8k | 224,650 |  | Added +97,332 |
| [HighTower Advisors, LLC](/funds/1462245.md) | 2026-06-30 | $410.4k | 191,755 |  | Unchanged |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $240.9k | 112,561 |  | Reduced −10,074 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $126.0k | 58,867 |  | Added +408 |
| [Marex Group Ltd](/funds/1997464.md) | 2026-06-30 | $117.5k | 54,887 |  | New +54,887 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $62.9k | 29,380 |  | New +29,380 |
| [NORTHERN TRUST CORP](/funds/73124.md) | 2026-06-30 | $50.5k | 23,610 |  | Added +11,117 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $6.6k | 3,075 |  | Reduced −9,791 |
| [Tower Research Capital LLC (TRC)](/funds/1533421.md) | 2026-06-30 | $5.9k | 2,735 |  | Added +1,626 |

## Recent filings

[All 726 filings](/companies/ntrp/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-21 | 12:31 ET | [8-K](/filings/0001493152-26-047852.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-047852 |
| 2026-10-15 | 20:31 ET | [10-Q](/filings/0001437749-26-032722.md) | Quarterly report, period 2026-08-31 | 0001437749-26-032722 |
| 2026-10-15 | 20:07 ET | [8-K](/filings/0001493152-26-047229.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-047229 |
| 2026-10-14 | 21:00 ET | [8-K](/filings/0001437749-26-032631.md) | 5.07 Shareholder vote results | 0001437749-26-032631 |
| 2026-10-08 | 12:01 ET | [8-K](/filings/0001493152-26-046261.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-046261 |
| 2026-09-24 | 12:01 ET | [8-K](/filings/0001493152-26-044072.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-044072 |
| 2026-09-15 | 12:01 ET | [8-K](/filings/0001493152-26-042670.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-042670 |
| 2026-09-09 | 12:01 ET | [8-K](/filings/0001493152-26-041880.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-041880 |
| 2026-08-31 | 21:11 ET | [8-K](/filings/0001493152-26-040859.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001493152-26-040859 |
| 2026-08-27 | 20:01 ET | [8-K](/filings/0001493152-26-040388.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 5.03 Amendment to articles or bylaws; 9.01 Financial statements and exhibits | 0001493152-26-040388 |

## Latest annual report

[Form 10-K for the fiscal year ended Feb 28, 2026](/filings/0001493152-26-026334.md), filed May 29, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 788611
- Tickers: NTRP
- Exchange: Nasdaq
- SIC code: 4700 Transportation Services
- State of incorporation: not reported
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:24 ET. No prices; not investment advice.
