Nexgel Operating Expenses Growth & History (NXGL)
Nexgel's operating expenses was $7.9M for fiscal 2025.
View full Nexgel company overviewNexgel annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $7.9M | $1.6M | +24.74% |
| 2024 | 2024-12-31 | $6.3M | $2.5M | +63.65% |
| 2023 | 2023-12-31 | $3.9M | $247,000 | +6.85% |
| 2022 | 2022-12-31 | $3.6M | $1.0M | +39.80% |
| 2021 | 2021-12-31 | $2.6M | $609,000 | +30.93% |
| 2020 | 2020-12-31 | $2.0M | $182,000 | +10.18% |
| 2019 | 2019-12-31 | $1.8M | −$615,000 | −25.60% |
| 2018 | 2018-12-31 | $2.4M | — | — |
Nexgel quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.6M | $1.7M | +90.81% |
| Q1 2026 | 2026-03-31 | $2.0M | $54,000 | +2.75% |
| Q4 2025 | 2025-12-31 | $2.0M | $53,000 | +2.68% |
| Q3 2025 | 2025-09-30 | $2.0M | $25,000 | +1.29% |
| Q2 2025 | 2025-06-30 | $1.9M | $547,000 | +40.61% |
| Q1 2025 | 2025-03-31 | $2.0M | $934,000 | +90.59% |
| Q4 2024 | 2024-12-31 | $2.0M | $849,000 | +75.00% |
| Q3 2024 | 2024-09-30 | $1.9M | $987,000 | +103.24% |
| Q2 2024 | 2024-06-30 | $1.3M | $410,000 | +43.76% |
| Q1 2024 | 2024-03-31 | $1.0M | $205,000 | +24.82% |
| Q4 2023 | 2023-12-31 | $1.1M | $322,000 | +39.75% |
| Q3 2023 | 2023-09-30 | $956,000 | −$229,000 | −19.32% |
| Q2 2023 | 2023-06-30 | $937,000 | $118,000 | +14.41% |
| Q1 2023 | 2023-03-31 | $826,000 | $36,000 | +4.56% |
| Q4 2022 | 2022-12-31 | $810,000 | −$180,000 | −18.18% |
| Q3 2022 | 2022-09-30 | $1.2M | $632,000 | +114.29% |
| Q2 2022 | 2022-06-30 | $819,000 | $262,000 | +47.04% |
| Q1 2022 | 2022-03-31 | $790,000 | $312,000 | +65.27% |
| Q4 2021 | 2021-12-31 | $990,000 | $560,000 | +130.23% |
| Q3 2021 | 2021-09-30 | $553,000 | $45,000 | +8.86% |
| Q2 2021 | 2021-06-30 | $557,000 | $102,000 | +22.42% |
| Q1 2021 | 2021-03-31 | $478,000 | −$98,000 | −17.01% |
| Q4 2020 | 2020-12-31 | $430,000 | $154,000 | +55.80% |
| Q3 2020 | 2020-09-30 | $508,000 | $508,000 | — |
| Q2 2020 | 2020-06-30 | $455,000 | −$552,000 | −54.82% |
| Q1 2020 | 2020-03-31 | $576,000 | $72,000 | +14.29% |
| Q4 2019 | 2019-12-31 | $276,000 | — | — |
| Q3 2019 | 2019-09-30 | $0 | −$744,000 | — |
| Q2 2019 | 2019-06-30 | $1.0M | $435,000 | +76.05% |
| Q1 2019 | 2019-03-31 | $504,000 | — | — |
| Q3 2018 | 2018-09-30 | $744,000 | — | — |
| Q2 2018 | 2018-06-30 | $572,000 | — | — |
Nexgel operating expenses trends
Over the last five fiscal years, Nexgel's operating expenses increased from $2.0M to $7.9M, a change of $5.9M. The latest reported quarter, Q2 2026, shows $3.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nexgel source filings ↗