Nexgel (NXGL) Operating Expenses (2018 - 2026)
Nexgel's Operating Expenses came in at $3.61 million for Q2 2026, up 90.8% from $1.89 million a year earlier.
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Analysis
Nexgel (NXGL) Operating Expenses (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nexgel reported Operating Expenses of $9.51 million, up 23.2% year-over-year; for FY2025, it came in at $7.86 million, up 24.7% from FY2024.
- Operating Expenses has increased in each of the last six years, with a five-year compound annual growth rate of 31.9% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $6.3 million in FY2024 (+63.6%), $3.85 million in FY2023 (+6.9%), $3.6 million in FY2022 (+39.8%) and $2.58 million in FY2021 (+30.9%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q3 2018.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2022 (growth of 114.3%), and the weakest in Q3 2023 (a decline of 19.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.26 Bn | 36.10 Bn | 1.44 Bn | 637.00 Mn |
| 2 | Medpace Holdings | 17.42 Bn | 15.48 Bn | 201.64 Mn | 560.51 Mn |
| 3 | Charles River Laboratories International | 14.08 Bn | 13.32 Bn | 363.37 Mn | 228.90 Mn |
| 4 | Icon | 13.02 Bn | 10.12 Bn | 479.29 Mn | 1.93 Bn |
| 5 | Fortrea Holdings | 1.90 Bn | 1.28 Bn | 139.20 Mn | 663.40 Mn |
| 6 | Ginkgo Bioworks Holdings | 817.41 Mn | 55.33 Mn | 18.44 Mn | 78.70 Mn |
| 7 | Evotec SE | 608.00 Mn | -965.22 Mn | - | - |
| 8 | Champions Oncology | 69.59 Mn | 45.24 Mn | 7.70 Mn | 15.64 Mn |
| 9 | MindWalk Holdings | 62.13 Mn | 26.34 Mn | 1.61 Mn | 6.01 Mn |
| 10 | Nexgel | 1.65 Mn | -2.26 Mn | 1.11 Mn | 3.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.61 Mn |
| Dec 31, 2025 | 2.03 Mn |
| Sep 30, 2025 | 1.97 Mn |
| Jun 30, 2025 | 1.89 Mn |
| Mar 31, 2025 | 1.97 Mn |
| Dec 31, 2024 | 1.92 Mn |
| Sep 30, 2024 | 1.94 Mn |
| Jun 30, 2024 | 1.35 Mn |
| Mar 31, 2024 | 1.03 Mn |
| Dec 31, 2023 | 1.13 Mn |
| Sep 30, 2023 | 956,000.00 |
| Jun 30, 2023 | 937,000.00 |
| Mar 31, 2023 | 826,000.00 |
| Dec 31, 2022 | 817,000.00 |
| Sep 30, 2022 | 1.19 Mn |
| Jun 30, 2022 | 819,000.00 |
| Mar 31, 2022 | 790,000.00 |
| Dec 31, 2021 | 990,000.00 |
| Sep 30, 2021 | 553,000.00 |
| Jun 30, 2021 | 557,000.00 |
API Access
Nexgel Operating Expenses 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=operating-expenses&ticker=NXGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=NXGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();