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NXT Energy Solutions
NXT Energy Solutions (SFD) investor relations material
NXT Energy Solutions Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary6 Aug, 2026
Executive summary
Entered second half of 2026 with strong commercial and financial footing, securing new contracts in Africa and South Asia.
Mobilization for the next African SFDⓇ survey began in August 2026; revenues from new contracts expected in Q3-26.
Appointed new CEO, Gerry Sheehan, and added Marvin Singer to the board post-quarter.
Financial highlights
SFDⓇ-related revenues were $0.11 million YTD 2026, down from $14.12 million YTD 2025; Q2-26 revenue was nil versus $1.66 million in Q2-25.
Net loss for Q2-26 was $2.56 million; YTD 2026 net loss was $4.97 million.
Net loss per share for Q2-26 was $0.02 (basic and diluted), compared to $0.08 loss in Q2-25.
Cash and short-term investments at June 30, 2026, were $1.72 million; net working capital was $2.09 million.
Cash flow used by operating activities was $0.15 million in Q2-26 and $1.92 million YTD 2026.
Outlook and guidance
Revenues from new African and South Asia contracts expected to be recognized starting Q3-26.
Continued focus on scaling survey activities in regions with high oil and gas potential.
Forward-looking statements highlight execution and timing risks for upcoming surveys.
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Latest events from NXT Energy Solutions
- Q1-26 saw a sharp revenue drop and net loss, but new contracts and leadership signal expansion.SFD
Q1 2026 - Revenue up 2,437% to $16.4M, net loss narrowed, and SFDⓇ tech fully acquired.SFDQ4 2025
- Revenue surged and net loss narrowed, with strong project execution and major debt conversion.SFDQ3 2025
- Airborne survey tech delivers fast, accurate exploration with 71% success and global expansion.SFDPlanet MicroCap Showcase: TORONTO 2025
- SFDⓇ revenues soared and liquidity improved, driven by contract wins and debenture conversions.SFDQ2 2025
- 2024 results show revenue decline and higher losses, but major new contracts set up a promising 2025.SFDQ4 2024
- Q3-24 saw no revenue, a $1.48M net loss, but new contracts and industry recognition.SFDQ3 2024
- SFD airborne surveys achieve 71% success, cut costs, and drive rapid growth in global contracts.SFD17th Annual LD Micro Main Event Conference
- Record Q1 revenue and profit driven by SFD survey demand and new contracts.SFDQ1 2025
Next NXT Energy Solutions earnings date
Q3 20266 Nov, 2026
NXT Energy Solutions
Next NXT Energy Solutions earnings date
Q3 20266 Nov, 2026
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Amina0781App Store
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@theshortbearx.com
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