Xwell (XWEL) Cost of Revenue (2010 - 2026)

Xwell's (XWEL) quarterly Cost of Revenue came in at $4.3 million in Q1 2026, down 24.88% year-on-year from $5.7 million in Q1 2025, and up 1.2% quarter-over-quarter from $4.2 million in Q4 2025.

Xwell (XWEL) Cost of Revenue (2010 - 2026) Analysis & Trends

Xwell has disclosed Cost of Revenue across 16 years of filings, most recently posting $4.3 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $4.3 million, down 24.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $20.3 million (down 17.61% YoY), and the FY2025 annual result was $21.7 million, down 13.11% from the prior year.
  • Cost of Revenue came in at $4.3 million for Q1 2026 at Xwell, up from $4.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $15.0 million in Q1 2022 to a low of $4.2 million in Q4 2025.
  • The 5-year median for Cost of Revenue is $6.4 million (2024), against an average of $7.1 million.
  • Across the five-year window, Cost of Revenue surged 261.79% in 2022 and sank 56.53% in 2023, its largest moves.
  • Xwell's Cost of Revenue stood at $7.1 million in 2022, then decreased by 8.72% to $6.5 million in 2023, then dropped by 2.76% to $6.3 million in 2024, then sank by 33.27% to $4.2 million in 2025, then climbed by 1.2% to $4.3 million in 2026.
  • The last three Cost of Revenue figures came in at $4.3 million (Q1 2026), $4.2 million (Q4 2025), and $5.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 30,010.71 Bn 30,010.25 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 179.46 Bn 176.21 Bn 7.74 Bn 3.26 Bn
3 Danaher 130.33 Bn 124.64 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 44.44 Bn 44.24 Bn 722.74 Mn 175.25 Mn
5 Agilent Technologies 37.27 Bn 35.46 Bn 990.00 Mn 845.00 Mn
6 Iqvia Holdings 30.70 Bn 28.73 Bn 1.36 Bn 2.80 Bn
7 Natera 30.59 Bn 29.49 Bn 696.04 Mn 608,000.00
8 Illumina 24.86 Bn 23.71 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 23.06 Bn 23.00 Bn 555.82 Mn 118.74 Mn
10 Xwell 8.65 Mn 1.54 Mn 2.35 Mn 4.29 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.29 Mn
Mar 31, 2026 4.29 Mn
Dec 31, 2025 4.23 Mn
Dec 31, 2025 4.23 Mn
Sep 30, 2025 5.85 Mn
Sep 30, 2025 5.85 Mn
Jun 30, 2025 5.91 Mn
Jun 30, 2025 5.91 Mn
Mar 31, 2025 5.70 Mn
Mar 31, 2025 5.70 Mn
Dec 31, 2024 6.35 Mn
Dec 31, 2024 6.35 Mn
Sep 30, 2024 6.37 Mn
Sep 30, 2024 6.37 Mn
Jun 30, 2024 6.20 Mn
Jun 30, 2024 6.20 Mn
Mar 31, 2024 6.06 Mn
Mar 31, 2024 6.06 Mn
Dec 31, 2023 6.53 Mn
Dec 31, 2023 6.53 Mn