Nexgel (NXGL) Cost of Revenue (2018 - 2026)
Nexgel's Cost of Revenue was $2.58 million in Q2 2026, up 58.5% from $1.63 million a year earlier.
Powered by 
Analysis
Nexgel (NXGL) Cost of Revenue (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nexgel's Cost of Revenue was $7.87 million through Jun 30, 2026, up 12.5% year-over-year; for FY2025, it was $6.91 million, up 16.4% from FY2024.
- Cost of Revenue has now increased for six consecutive years, with a five-year compound annual growth rate of 48.3% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $5.94 million in FY2024 (+59.9%), $3.72 million in FY2023 (+107.3%), $1.79 million in FY2022 (+16.1%) and $1.54 million in FY2021 (+59.9%).
- The Q2 2026 figure marks the highest quarterly Cost of Revenue in data going back to Q3 2018.
- Compared with a year earlier, Cost of Revenue was higher in six of the last seven quarters, with growth averaging 44.8%.
- The best year-over-year quarter for Cost of Revenue over five years was Q4 2023 (growth of 139.5%); the worst was Q3 2025 (a decline of 5.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.51 Bn | 34.35 Bn | 1.44 Bn | 2.93 Bn |
| 2 | Medpace Holdings | 16.73 Bn | 14.79 Bn | 201.64 Mn | 505.69 Mn |
| 3 | Charles River Laboratories International | 13.84 Bn | 13.08 Bn | 363.37 Mn | 640.70 Mn |
| 4 | Icon | 12.41 Bn | 9.52 Bn | 479.29 Mn | 1.58 Bn |
| 5 | Fortrea Holdings | 1.90 Bn | 1.28 Bn | 139.20 Mn | 539.00 Mn |
| 6 | Ginkgo Bioworks Holdings | 786.20 Mn | 24.11 Mn | 18.44 Mn | 1.72 Mn |
| 7 | Evotec SE | 568.89 Mn | -1.00 Bn | - | - |
| 8 | Champions Oncology | 68.76 Mn | 44.41 Mn | 7.70 Mn | 7.53 Mn |
| 9 | MindWalk Holdings | 62.59 Mn | 26.81 Mn | 1.61 Mn | 1.17 Mn |
| 10 | Nexgel | 1.65 Mn | -2.26 Mn | 1.11 Mn | 2.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.58 Mn |
| Dec 31, 2025 | 1.98 Mn |
| Sep 30, 2025 | 1.69 Mn |
| Jun 30, 2025 | 1.63 Mn |
| Mar 31, 2025 | 1.62 Mn |
| Dec 31, 2024 | 1.97 Mn |
| Sep 30, 2024 | 1.79 Mn |
| Jun 30, 2024 | 1.15 Mn |
| Mar 31, 2024 | 1.11 Mn |
| Dec 31, 2023 | 1.17 Mn |
| Sep 30, 2023 | 877,000.00 |
| Jun 30, 2023 | 992,000.00 |
| Mar 31, 2023 | 677,000.00 |
| Dec 31, 2022 | 488,000.00 |
| Sep 30, 2022 | 420,000.00 |
| Jun 30, 2022 | 460,000.00 |
| Mar 31, 2022 | 418,000.00 |
| Dec 31, 2021 | 430,000.00 |
| Sep 30, 2021 | 392,000.00 |
| Jun 30, 2021 | 413,000.00 |
API Access
Nexgel Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NXGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NXGL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NXGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();