Nexalin Technology NXL
NASDAQ NXL
$4.21 -0.14 (-3.22%)
At close: Sep 30, 2026 · 4:00 PM EDT

Nexalin Technology (NXL) Research & Development (2024 - 2026)

Updated

Nexalin Technology's Research & Development came in at $564,480 for Q2 2026, up 150.0% from $225,774 a year earlier and up 63.0% from the prior quarter.

Analysis

Nexalin Technology (NXL) Research & Development (2024 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Nexalin Technology reported Research & Development of $1.36 million, down 12.0% year-over-year; for FY2025, it was $1.08 million, down 9.0% from FY2024.

  • Going back by year, Research & Development was $1.19 million in FY2024 (-38.0%) and $1.92 million in FY2023.
  • The Q2 2026 figure represents the highest quarterly Research & Development since Q4 2024.
  • Year-over-year, Research & Development increased in four of the last six quarters, with growth averaging 68.4%.
  • Business Quant data shows NXL's Research & Development at $346,382 (Q1 2026), $224,940 (Q4 2025) and $226,520 (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Thermo Fisher Scientific 249.71 Bn 228.86 Bn 4.88 Bn 364.00 Mn
2 Abbott Laboratories 171.00 Bn 142.08 Bn 7.27 Bn 892.00 Mn
3 Danaher 155.79 Bn 139.61 Bn 3.61 Bn 412.00 Mn
4 Intuitive Surgical 143.91 Bn 123.46 Bn 1.96 Bn 370.60 Mn
5 Medtronic 110.42 Bn 76.29 Bn 6.34 Bn 771.00 Mn
6 Stryker 105.71 Bn 91.82 Bn 4.50 Bn 434.00 Mn
7 Boston Scientific 63.26 Bn 58.27 Bn 3.85 Bn 554.00 Mn
8 Edwards Lifesciences 49.80 Bn 33.91 Bn 1.35 Bn 278.90 Mn
9 Becton Dickinson 48.78 Bn 45.93 Bn 2.32 Bn 258.00 Mn
10 Nexalin Technology 3.09 Mn -8.70 Mn 8,897.00 564,480.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 564,480.00
Mar 31, 2026 346,382.00
Dec 31, 2025 224,940.00
Sep 30, 2025 226,520.00
Jun 30, 2025 225,774.00
Mar 31, 2025 406,288.00
Dec 31, 2024 737,242.00
Sep 30, 2024 178,565.00
Jun 30, 2024 169,410.00
Mar 31, 2024 105,668.00
API Access

Nexalin Technology Research & Development 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=research-and-development&ticker=NXL&period=max&api_key=YOUR_API_KEY