Nano-X Imaging (NNOX) Cost of Revenue (2022 - 2026)
Nano-X Imaging (NNOX) posted quarterly Cost of Revenue of $6.9 million for Q1 2026, up 17.65% year-on-year from $5.9 million in Q1 2025, and down 5.96% on a QoQ basis from $7.3 million in Q4 2025.
Nano-X Imaging (NNOX) Cost of Revenue (2022 - 2026) Analysis & Trends
Nano-X Imaging (NNOX) has reported Cost of Revenue for 5 consecutive years, with $6.9 million the latest figure, recorded in Q1 2026.
- Quarterly Cost of Revenue rose 17.65% year-over-year to $6.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $26.8 million (up 15.96% YoY) and the FY2025 annual result came in at $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.
- Over the last five years, Cost of Revenue for NNOX reached as high as $7.3 million in Q4 2025 and fell as low as $3.7 million in Q1 2022.
- A 5-year average of $5.1 million and a median of $4.6 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue climbed 6.03% — and 2024, when it soared 43.2%.
- Year by year, Cost of Revenue stood at $3.9 million in 2022, then rose by 6.03% to $4.1 million in 2023, then surged by 43.2% to $5.9 million in 2024, then rose by 24.55% to $7.3 million in 2025, then declined 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.32 Bn | 175.02 Bn | 6.27 Bn | 4.89 Bn |
| 2 | Stryker | 128.75 Bn | 125.88 Bn | 3.81 Bn | 2.21 Bn |
| 3 | Medtronic | 107.83 Bn | 98.61 Bn | 6.41 Bn | 3.40 Bn |
| 4 | Boston Scientific | 67.61 Bn | 66.15 Bn | 3.61 Bn | 12.00 Mn |
| 5 | Edwards Lifesciences | 48.13 Bn | 44.45 Bn | 1.29 Bn | 362.60 Mn |
| 6 | Dexcom | 28.26 Bn | 27.14 Bn | 750.30 Mn | 441.60 Mn |
| 7 | GE HealthCare Technologies | 27.78 Bn | 25.50 Bn | 1.98 Bn | 481.00 Mn |
| 8 | Smith & Nephew | 26.99 Bn | 26.41 Bn | - | - |
| 9 | Koninklijke Philips | 23.92 Bn | 20.80 Bn | 2.07 Bn | 2.51 Bn |
| 10 | Nano-X Imaging | 62,810.26 | -44.16 Mn | -2.59 Mn | 6.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.90 Mn |
| Mar 31, 2026 | 6.90 Mn |
| Dec 31, 2025 | 7.34 Mn |
| Dec 31, 2025 | 7.34 Mn |
| Sep 30, 2025 | 6.33 Mn |
| Sep 30, 2025 | 6.33 Mn |
| Jun 30, 2025 | 6.28 Mn |
| Jun 30, 2025 | 6.28 Mn |
| Mar 31, 2025 | 5.86 Mn |
| Mar 31, 2025 | 5.86 Mn |
| Dec 31, 2024 | 5.89 Mn |
| Dec 31, 2024 | 5.89 Mn |
| Sep 30, 2024 | 5.84 Mn |
| Sep 30, 2024 | 5.84 Mn |
| Jun 30, 2024 | 5.55 Mn |
| Jun 30, 2024 | 5.55 Mn |
| Mar 31, 2024 | 4.61 Mn |
| Mar 31, 2024 | 4.61 Mn |
| Dec 31, 2023 | 4.11 Mn |
| Dec 31, 2023 | 4.11 Mn |