Agoracom Blog

Nextech3D.ai Reports 59% Q3 YoY Revenue Growth as AI First Model Gains Traction With Google and Netflix Among Clients

Posted by Alavaro Coronel at 8:04 AM on Friday, February 20th, 2026

WHAT YOU NEED TO KNOW

  • Growth Surge: Q3 2026 revenue climbed to $468,000, up 59% year-over-year and 20% sequential, marking the second straight quarter of 20%+ quarter-over-quarter growth.
  • Margin Profile: Gross margins reached 95% (up from 41% a year ago), reflecting a shift toward higher-margin offerings within the company’s event-tech focus.
  • Event OS: Now unifies Eventdex, Map D and Krafty Labs into one AI-powered operating system for registration, ticketing, floor plans, matchmaking, engagement and blockchain payments.
  • Fortune Footprint: The company now serves 1,000+ customers and ~400 Fortune 500 relationships, with enterprise deals expanding across tech, banking and government.
  • AI Leverage: Management reports replacing larger teams with smaller teams backed by AI agents, using automation with the goal of making roll-up M&A and platform integration more economically attractive.

 

When a company shows it can reposition a legacy business into a more efficient AI-enabled platform with software economics, it can represent a meaningful shift. In its Q3 2026 results, Nextech3D.ai reported 59% year-over-year revenue growth, 20% sequential growth and 95% gross margins, all while advancing a strategic pivot away from lower-margin 3D modeling into a unified AI-powered event technology stack. Nextech3D.ai, now positioning itself as an AI-focused live event and engagement platform integrating Map D, Eventdex and Krafty Labs, is targeting the $80+ billion global event tech and online ticketing markets with a single, data-driven operating system. With the acquisition of Krafty Labs, the launch of Nextech Event AI, and a customer base that’s doubled to more than 1,000 accounts including hundreds of Fortune 500 relationships, management believes the business is entering a different phase of its growth trajectory than the one investors saw just a year ago.

STRATEGIC IMPLICATIONS

The traditional event industry often runs on manual workflows, disconnected point solutions and analog networking. Attendees may wander show floors hoping for “one good deal,” organizers may juggle multiple vendors, and enterprises can face bloated cost structures for outcomes that are hard to measure and harder to repeat. Even as events represent a roughly $1 trillion global industry, much of that spend still flows through systems that resemble earlier-generation processes – lanyards, paper badges and serendipity instead of data, automation and intent.

Nextech3D.ai is aiming to provide an alternative: a software-first, AI-enabled event operating system where registration, ticketing, navigation, matchmaking, engagement and payments are designed to operate on a single stack. Eventdex handles registration and logistics, Map D delivers interactive floor plans and spatial analytics, and Krafty Labs adds experiential and in-person engagement – all now connected into Nextech Event AI and its “semantic brain” architecture using OpenAI LLMs and Pinecone, as disclosed by the company. Management’s strategy is that a small, specialized team of AI-focused staff can acquire, integrate and automate event platforms, reduce headcount-heavy overhead, and work to convert them into higher-margin, cash-flow-generating modules.

Timing may be an important factor. Enterprises and government agencies are under pressure to rationalize tech stacks, manage costs and demonstrate ROI on travel and events, while employees increasingly seek in-person experiences to complement remote work. At the same time, AI tools are increasingly capable of supporting more complex tasks – from AI matchmaking that can help pre-book meetings, to always-on AI event assistants, to automated workflows that management believes can help improve the economics of legacy event software. Nextech3D.ai positions itself at that intersection, with sequential growth already visible in recent quarters and a pipeline that its CEO states is stronger and more enterprise-focused than at any point in the company’s history.

CEO EVAN GAPPELBERG:

“We didn’t just survive the last bear market – we used it to rebuild the company around AI and events. While others pulled back, we kept building, and now we believe you can see the impact in our numbers and in our pipeline. We’ve gone from lower-margin 3D production to a leaner, higher-margin AI event platform, and we intend to keep using automation and M&A in an effort to turn more event tech assets into scalable, cash-flow-generating businesses. As I keep buying stock myself, it’s because I believe this is just the start of a much larger potential growth opportunity.”

INVESTOR TAKEAWAY

For investors, this interview and the latest filings indicate that Nextech3D.ai’s story is evolving from 3D modeling cycles with a single flagship customer toward a recurring, software-driven event platform with what management views as structural advantages on both revenue and cost. Two consecutive quarters of 20% sequential growth, 59% year-over-year expansion and 95% gross margins indicate that the company’s pivot is beginning to show up in reported financials. Combined with a doubled customer base, hundreds of Fortune 500 relationships and expanding AI modules (matchmaking, assistants, blockchain ticketing, mobile, AR navigation), the platform offers multiple potential paths for higher contract values and deeper customer engagement.

The key risk remains execution: scaling enterprise delivery, integrating acquisitions like Eventdex and Krafty Labs, and sustaining growth in a competitive AI and event-tech landscape. However, the current mix of higher-margin economics, increasing enterprise adoption, a management-reported expanding pipeline and a CEO increasing his own ownership supports the view of Nextech3D.ai as a potential AI-focused consolidator in a fragmented market. For investors considering small-cap AI exposure with existing customers, reported margins and a defined operating thesis, this represents a turnaround story that is now being reflected in both narrative and disclosed numbers, while still carrying the usual risks associated with early-stage growth companies.

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