NextPlat (NXPL) Cost of Revenue (2015 - 2026)
NextPlat (NXPL) recorded Cost of Revenue of $7.19 million in Q2 2026, down 30.6% from $10.36 million a year earlier but up 11.5% from the prior quarter.
NextPlat (NXPL) Cost of Revenue (2015 - 2026) Analysis & Trends
On a TTM basis, NextPlat's Cost of Revenue came in at $35.63 million as of Jun 30, 2026, down 23.8% year-over-year; for FY2025, it was $43.42 million, down 11.5% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of 57.6% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $49.07 million in FY2024 (+85.6%), $26.45 million in FY2023 (+186.8%), $9.22 million in FY2022 (+56.8%) and $5.88 million in FY2021 (+31.7%).
- Quarterly Cost of Revenue has ranged from $1.68 million in Q4 2021 to $13.5 million in Q4 2024 over the past five years.
- On a year-over-year basis, Cost of Revenue has declined for six consecutive quarters, with an average decline of 11.0% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 460.1% in Q1 2024, against a decline of 41.8% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.44 million (Q1 2026), $10.98 million (Q4 2025) and $11.02 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 3.27 Bn |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 8.05 Bn |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 4.29 Bn |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 4.40 Bn |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 3.71 Bn |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 2.52 Bn |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 2.81 Bn |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | 1.58 Bn |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | 4.09 Bn |
| 10 | NextPlat | 23.20 Mn | -27.28 Mn | 4.69 Mn | 7.19 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.19 Mn |
| Mar 31, 2026 | 6.44 Mn |
| Dec 31, 2025 | 10.98 Mn |
| Sep 30, 2025 | 11.02 Mn |
| Jun 30, 2025 | 10.36 Mn |
| Mar 31, 2025 | 11.06 Mn |
| Dec 31, 2024 | 13.50 Mn |
| Sep 30, 2024 | 11.81 Mn |
| Jun 30, 2024 | 11.13 Mn |
| Mar 31, 2024 | 12.63 Mn |
| Dec 31, 2023 | 11.37 Mn |
| Sep 30, 2023 | 10.71 Mn |
| Jun 30, 2023 | 2.11 Mn |
| Mar 31, 2023 | 2.26 Mn |
| Dec 31, 2022 | 2.19 Mn |
| Sep 30, 2022 | 1.95 Mn |
| Jun 30, 2022 | 2.30 Mn |
| Mar 31, 2022 | 2.78 Mn |
| Dec 31, 2021 | 1.68 Mn |
| Sep 30, 2021 | 1.76 Mn |
NextPlat 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=NXPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NXPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NXPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();