Nexalin Technology (NXL) Cost of Revenue (2021 - 2026)
Nexalin Technology's Cost of Revenue was $3,264 in Q2 2026, down 85.7% from $22,838 a year earlier but up 79.6% from the prior quarter.
Nexalin Technology (NXL) Cost of Revenue (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nexalin Technology's Cost of Revenue was $30,058 through Jun 30, 2026, down 46.9% year-over-year; for FY2025, it came in at $61,373, up 67.7% from FY2024.
- Cost of Revenue shows a four-year compound annual growth rate of 30.1% (FY2021 to FY2025).
- In earlier years, Cost of Revenue was $36,593 in FY2024 (+42.5%), $25,688 in FY2023 (-92.9%), $363,212 in FY2022 and $21,442 in FY2021.
- Quarterly Cost of Revenue has moved between -$1,006 (Q4 2021) and $187,298 (Q3 2022) over five years.
- Compared with a year earlier, Cost of Revenue was higher in five of the last eight quarters, with growth averaging 58.2%.
- The best year-over-year quarter for Cost of Revenue over five years was Q3 2024 (growth of 219.5%); the worst was Q3 2023 (a decline of 97.9%).
- Per Business Quant data, NXL's Cost of Revenue in the three quarters before Q2 2026 was $1,817 (Q1 2026), $21,029 (Q4 2025) and $3,948 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.11 Bn |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 5.33 Bn |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 2.65 Bn |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 931.90 Mn |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 2.09 Bn |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 1.59 Bn |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 392.40 Mn |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 2.67 Bn |
| 10 | Nexalin Technology | 4.20 Mn | -7.59 Mn | 8,897.00 | 3,264.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3,264.00 |
| Mar 31, 2026 | 1,817.00 |
| Dec 31, 2025 | 21,029.00 |
| Sep 30, 2025 | 3,948.00 |
| Jun 30, 2025 | 22,838.00 |
| Mar 31, 2025 | 13,558.00 |
| Dec 31, 2024 | 7,496.00 |
| Sep 30, 2024 | 12,694.00 |
| Jun 30, 2024 | 7,247.00 |
| Mar 31, 2024 | 9,156.00 |
| Dec 31, 2023 | 5,231.00 |
| Sep 30, 2023 | 3,973.00 |
| Jun 30, 2023 | 9,374.00 |
| Mar 31, 2023 | 7,110.00 |
| Dec 31, 2022 | 6,867.00 |
| Sep 30, 2022 | 187,298.00 |
| Jun 30, 2022 | 123,032.00 |
| Mar 31, 2022 | 46,015.00 |
| Dec 31, 2021 | -1,006.00 |
| Sep 30, 2021 | 9,306.00 |
Nexalin Technology 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=NXL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NXL", "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=NXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();