Nexgel Operating Expenses Growth & History (NXGL)

Nexgel's operating expenses was $7.9M for fiscal 2025.

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Nexgel annual operating expenses history

Nexgel annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20252025-12-31$7.9M$1.6M+24.74%
20242024-12-31$6.3M$2.5M+63.65%
20232023-12-31$3.9M$247,000+6.85%
20222022-12-31$3.6M$1.0M+39.80%
20212021-12-31$2.6M$609,000+30.93%
20202020-12-31$2.0M$182,000+10.18%
20192019-12-31$1.8M−$615,000−25.60%
20182018-12-31$2.4M

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.

About the metric

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.

Calculation and source

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.

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