Nexalin Technology (NXL) Operating Expenses (2021 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=NXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();