Nexalin Technology (NXL) Gross Margin (2021 - 2026)
Nexalin Technology's Gross Margin came in at 73.16% for Q2 2026, up 5.51 percentage points from 67.65% a year earlier but down 14.69 percentage points from the prior quarter.
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Analysis
Nexalin Technology (NXL) Gross Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nexalin Technology reported Gross Margin of 86.16%, up 18.53 percentage points year-over-year; for FY2025, it came in at 79.65%, up 1.34 percentage points from FY2024.
- Gross Margin has increased in each of the last three years, though with a four-year change of -5.46 percentage points (FY2021 to FY2025).
- Going back by year, Gross Margin was 78.31% in FY2024 (+1.51 pp), 76.80% in FY2023 (+4.29 pp), 72.51% in FY2022 (-12.60 pp) and 85.12% in FY2021.
- The five-year range for quarterly Gross Margin is 64.77% (Q3 2024) to 104.19% (Q4 2021).
- Year-over-year, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of +0.95 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2026 (a gain of 20.90 percentage points), and the weakest in Q4 2022 (a drop of 22.06 percentage points).
- Business Quant data shows NXL's Gross Margin at 87.85% (Q1 2026), 87.77% (Q4 2025) and 78.25% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 46.46% |
| 10 | Nexalin Technology | 3.09 Mn | -8.70 Mn | 8,897.00 | 73.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73.16% |
| Mar 31, 2026 | 87.85% |
| Dec 31, 2025 | 87.77% |
| Sep 30, 2025 | 78.25% |
| Jun 30, 2025 | 67.65% |
| Mar 31, 2025 | 66.94% |
| Dec 31, 2024 | 72.42% |
| Sep 30, 2024 | 64.77% |
| Jun 30, 2024 | 73.00% |
| Mar 31, 2024 | 88.36% |
| Dec 31, 2023 | 74.53% |
| Sep 30, 2023 | 83.52% |
| Jun 30, 2023 | 73.62% |
| Mar 31, 2023 | 76.73% |
| Dec 31, 2022 | 82.13% |
| Sep 30, 2022 | 65.65% |
| Jun 30, 2022 | 70.30% |
| Mar 31, 2022 | 85.77% |
| Dec 31, 2021 | 104.19% |
| Sep 30, 2021 | 83.37% |
API Access
Nexalin Technology Gross Margin 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=gross-margin&ticker=NXL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=NXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();