Nexalin Technology NXL
NASDAQ NXL
$5.73 -1.82 (-24.11%)
At close: Oct 2, 2026 · 4:00 PM EDT

Nexalin Technology (NXL) Cost of Revenue (2021 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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