Nexalin Technology NXL
NASDAQ NXL
$9.42 +5.14 (+120.09%)
As of: Oct 1, 2026 · 10:06 AM EDT

Nexalin Technology (NXL) Operating Expenses (2021 - 2026)

Updated

Nexalin Technology (NXL) posted Operating Expenses of $2.26 million for Q2 2026, up 35.2% from $1.67 million a year earlier and up 5.8% from the prior quarter.

Analysis

Nexalin Technology (NXL) Operating Expenses (2021 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Nexalin Technology was $9.31 million, up 2.0% year-over-year; for FY2025, it was $8.63 million, up 9.4% from FY2024.

  • Annual Operating Expenses has increased for three consecutive years, with a four-year compound annual growth rate of 8.9% (FY2021 to FY2025).
  • In prior years, Nexalin Technology's Operating Expenses was $7.89 million in FY2024 (+36.4%), $5.78 million in FY2023 (+107.1%), $2.79 million in FY2022 (-54.6%) and $6.14 million in FY2021.
  • Quarterly Operating Expenses has run from a low of $602,494 in Q4 2021 to a high of $2.9 million in Q4 2024 over five years.
  • On a year-over-year basis, Operating Expenses increased in six of the last eight quarters, with growth averaging 25.9%.
  • The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2023, with growth of 274.0%; the weakest was Q3 2022, with a decline of 64.6%.
  • According to Business Quant data, Operating Expenses for the three prior quarters was $2.13 million (Q1 2026), $2.56 million (Q4 2025) and $2.36 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Thermo Fisher Scientific 249.71 Bn 228.86 Bn 4.88 Bn 9.91 Bn
2 Abbott Laboratories 171.00 Bn 142.08 Bn 7.27 Bn 10.90 Bn
3 Danaher 155.79 Bn 139.61 Bn 3.61 Bn 2.48 Bn
4 Intuitive Surgical 143.91 Bn 123.46 Bn 1.96 Bn 988.50 Mn
5 Medtronic 110.42 Bn 76.29 Bn 6.34 Bn 4.06 Bn
6 Stryker 105.71 Bn 91.82 Bn 4.50 Bn 2.84 Bn
7 Boston Scientific 63.26 Bn 58.27 Bn 3.85 Bn 2.67 Bn
8 Edwards Lifesciences 49.80 Bn 33.91 Bn 1.35 Bn 840.10 Mn
9 Becton Dickinson 48.78 Bn 45.93 Bn 2.32 Bn 4.32 Bn
10 Nexalin Technology 3.09 Mn -8.70 Mn 8,897.00 2.26 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.26 Mn
Mar 31, 2026 2.13 Mn
Dec 31, 2025 2.56 Mn
Sep 30, 2025 2.36 Mn
Jun 30, 2025 1.67 Mn
Mar 31, 2025 2.04 Mn
Dec 31, 2024 2.90 Mn
Sep 30, 2024 2.53 Mn
Jun 30, 2024 1.32 Mn
Mar 31, 2024 1.14 Mn
Dec 31, 2023 1.64 Mn
Sep 30, 2023 2.44 Mn
Jun 30, 2023 903,026.00
Mar 31, 2023 802,876.00
Dec 31, 2022 751,174.00
Sep 30, 2022 651,219.00
Jun 30, 2022 736,359.00
Mar 31, 2022 652,424.00
Dec 31, 2021 602,494.00
Sep 30, 2021 1.84 Mn
API Access

Nexalin Technology 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=NXL&period=max&api_key=YOUR_API_KEY