Nano-X Imaging (NNOX) Cost of Revenue (2019 - 2026)
Nano-X Imaging's (NNOX) quarterly Cost of Revenue came in at $6.9 million in Q1 2026, up 17.65% on a YoY basis from $5.9 million in Q1 2025, and down 5.96% quarter-over-quarter from $7.3 million in Q4 2025.
Analysis
Nano-X Imaging (NNOX) Cost of Revenue (2019 - 2026) Analysis & Trends
Nano-X Imaging (NNOX) has reported Cost of Revenue for 8 consecutive years, with $6.9 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 17.65% year-over-year to $6.9 million; the trailing twelve-month figure through Mar 2026 stood at $26.8 million (up 15.96% YoY), and the FY2025 full-year result was $25.8 million, up 17.89% from the prior year.
- Cost of Revenue eased to $6.9 million in Q1 2026 per NNOX's latest filing, from $7.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $7.3 million in Q4 2025 and bottomed at $3.7 million in Q1 2022.
- Historically, Cost of Revenue has averaged $5.1 million across 5 years, with a median of $4.6 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 270.36% in 2022, then climbed 6.03% in 2023.
- Over 5 years, Cost of Revenue stood at $3.9 million in 2022, then increased by 6.03% to $4.1 million in 2023, then jumped by 43.2% to $5.9 million in 2024, then increased by 24.55% to $7.3 million in 2025, then dropped by 5.96% to $6.9 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $6.9 million, $7.3 million, and $6.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.54 Bn | 27.44 Bn | 2.18 Bn | 2.25 Bn |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn | 146.33 Mn |
| 3 | Heartflow | 4.04 Bn | 3.66 Bn | 53.19 Mn | 10.89 Mn |
| 4 | Neogen | 2.59 Bn | 2.41 Bn | 107.80 Mn | 117.50 Mn |
| 5 | Butterfly Network | 1.96 Bn | 1.84 Bn | 23.29 Mn | 9.32 Mn |
| 6 | Ceribell | 928.74 Mn | 799.48 Mn | 25.94 Mn | 2.16 Mn |
| 7 | QuidelOrtho | 866.04 Mn | 742.64 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 133.80 Mn |
| 9 | Prenetics Global | 339.99 Mn | 280.94 Mn | 30.20 Mn | 16.29 Mn |
| 10 | Nano-X Imaging | 50.38 Mn | 6.16 Mn | -2.59 Mn | 6.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 6.90 Mn |
| Dec 31, 2025 | 7.34 Mn |
| Sep 30, 2025 | 6.33 Mn |
| Jun 30, 2025 | 6.28 Mn |
| Mar 31, 2025 | 5.86 Mn |
| Dec 31, 2024 | 5.89 Mn |
| Sep 30, 2024 | 5.84 Mn |
| Jun 30, 2024 | 5.55 Mn |
| Mar 31, 2024 | 4.61 Mn |
| Dec 31, 2023 | 4.11 Mn |
| Sep 30, 2023 | 4.14 Mn |
| Jun 30, 2023 | 4.27 Mn |
| Mar 31, 2023 | 3.97 Mn |
| Dec 31, 2022 | 3.88 Mn |
| Sep 30, 2022 | 3.90 Mn |
| Jun 30, 2022 | 3.96 Mn |
| Mar 31, 2022 | 3.73 Mn |
| Dec 31, 2021 | -2.28 Mn |
| Sep 30, 2021 | 1.53 Mn |
| Jun 30, 2021 | 1.82 Mn |