Xwell (XWEL) Cost of Revenue (2010 - 2026)
Xwell (XWEL) reported Cost of Revenue of $4.2 million for Q2 2026, down 29.0% from $5.91 million a year earlier and down 2.1% from the prior quarter.
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Analysis
Xwell (XWEL) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Xwell's Cost of Revenue came in at $18.57 million, down 23.7% year-over-year; for FY2025, it was $21.7 million, down 13.1% from FY2024.
- Cost of Revenue has declined for three consecutive years, though with a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $24.98 million in FY2024 (-5.5%), $26.43 million in FY2023 (-39.8%), $43.89 million in FY2022 (+6.1%) and $41.39 million in FY2021 (+245.4%).
- The Q2 2026 figure ranks as the lowest quarterly Cost of Revenue since Q1 2021.
- Year over year, Cost of Revenue has now declined in each of the last 16 quarters, with an average decline of 13.6% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q3 2021 (growth of 872.4%); the low point was Q1 2023 (a decline of 56.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.29 million (Q1 2026), $4.23 million (Q4 2025) and $5.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 11.38 Bn | 10.38 Bn | 273.50 Mn | 829.79 Mn |
| 2 | New Oriental Education & Technology | 9.05 Bn | -1.75 Bn | 5,600.00 | 717.31 Mn |
| 3 | TAL Education | 5.82 Bn | -7.17 Bn | 438.20 Mn | 320.18 Mn |
| 4 | Laureate Education | 5.38 Bn | 4.67 Bn | 237.67 Mn | 378.20 Mn |
| 5 | Graham Holdings | 5.18 Bn | 304.06 Mn | 392.03 Mn | 910.48 Mn |
| 6 | Covista | 4.49 Bn | 3.62 Bn | 284.63 Mn | 216.75 Mn |
| 7 | Valvoline | 4.03 Bn | 3.74 Bn | 214.90 Mn | 329.70 Mn |
| 8 | Bright Horizons Family Solutions | 3.52 Bn | 2.96 Bn | 188.96 Mn | 590.22 Mn |
| 9 | Stride | 3.29 Bn | 188.64 Mn | 217.28 Mn | 418.78 Mn |
| 10 | Xwell | 5.93 Mn | -19.40 Mn | 2.95 Mn | 4.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.20 Mn |
| Mar 31, 2026 | 4.29 Mn |
| Dec 31, 2025 | 4.23 Mn |
| Sep 30, 2025 | 5.85 Mn |
| Jun 30, 2025 | 5.91 Mn |
| Mar 31, 2025 | 5.70 Mn |
| Dec 31, 2024 | 6.35 Mn |
| Sep 30, 2024 | 6.37 Mn |
| Jun 30, 2024 | 6.20 Mn |
| Mar 31, 2024 | 6.06 Mn |
| Dec 31, 2023 | 6.53 Mn |
| Sep 30, 2023 | 6.38 Mn |
| Jun 30, 2023 | 6.99 Mn |
| Mar 31, 2023 | 6.54 Mn |
| Dec 31, 2022 | 7.15 Mn |
| Sep 30, 2022 | 9.34 Mn |
| Jun 30, 2022 | 12.36 Mn |
| Mar 31, 2022 | 15.05 Mn |
| Dec 31, 2021 | 15.86 Mn |
| Sep 30, 2021 | 13.66 Mn |
API Access
Xwell 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=XWEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "XWEL", "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=XWEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();