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Financials · NXGL

NexGel Inc (NXGL) financials

For the twelve months ended Jun 30, 2026, NexGel Inc reported $12.07M of revenue and -$6.13M of net income.

Revenue, TTM
$12.07M
Revenue growth, YoY
+3.4%
Net income, TTM
-$6.13M
Net margin
-50.8%
EPS, diluted, TTM
-$0.71
Cash
$1.71M
P/S
0.15
Market cap
$1.8M
Annual revenue$11.42M
FY2018FY2025
Annual net income-$3.00M
FY2018FY2025
Annual free cash flow-$1.38M
FY2019FY2025

NXGL revenue and earnings growth

NXGL revenueQ2 2026$3.69M

Quarter YoY
+27.8%
QoQ
+39.1%
FY YoY
+31.5%
5Y CAGR
+76.1%

NXGL revenue was $3.69M in fiscal Q2 2026 (ended Jun 30, 2026), up 27.8% from a year earlier and up 39.1% from the prior quarter. For the full fiscal 2025 it was $11.42M, up 31.5% from fiscal 2024. Compound annual growth was +76.1% over 5 years. It rose in 5 of the last 7 fiscal years. Fiscal 2025 is the highest of the 8 fiscal years on file.

NXGL net incomeQ2 2026-$3.63M

NXGL net income was -$3.63M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$665.0K a year earlier. For the full fiscal 2025 it was -$3.00M, compared with -$3.28M in fiscal 2024.

NXGL EPSQ2 2026-$0.40

NXGL diluted EPS was -$0.40 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.09 a year earlier. For the full fiscal 2025 it was -$0.38, compared with -$0.50 in fiscal 2024.

NXGL free cash flowQ1 2026-$513.0K

NXGL free cash flow was -$513.0K in fiscal Q1 2026 (ended Mar 31, 2026). For the full fiscal 2025 it was -$1.38M, compared with -$4.31M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
Revenue$11.42M$8.69M$4.09M$2.05M$1.55M$674.0K$717.0K$2.21M
Cost of revenue$6.91M$5.94M$3.71M$1.79M$1.54M$965.0K$854.0K$1.70M
Gross profit$4.51M$2.75M$374.0K$256.0K$8.0K-$291.0K-$137.0K$514.0K
Research and development$2.0K$78.0K$103.0K$367.0K$31.0K---
Selling, general and admin$7.86M$6.22M$3.75M$3.24M$2.55M$1.97M$1.79M$2.40M
Operating income-$3.35M-$3.55M-$3.48M-$3.35M-$2.57M-$2.26M-$1.92M-$1.89M
Interest expense$34.0K$81.0K$15.0K$1.34M----
Pre-tax income-$2.89M-$3.46M-$3.19M-$4.75M----
Income tax---$0$0$0$0-
Net income-$3.00M-$3.28M-$3.16M-$4.75M-$4.31M-$2.26M-$1.92M-$1.89M
EPS, basic-$0.38-$0.50-$0.56-$0.85-$1.45-$1.05-$0.14-$0.38
EPS, diluted-$0.38-$0.50-$0.56-$0.85-$1.45-$1.05-$0.14-$0.38
Diluted shares7.9M6.5M5.7M5.6M3.0M2.3M13.6M5.0M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
Cash and equivalents$317.0K$1.81M$2.70M$1.10M$13.35M$32.0K$261.0K$0
Short-term investments---$5.51M----
Receivables$673.0K$933.0K$633.0K$222.0K$209.0K$73.0K$102.0K$34.0K
Inventory$2.11M$1.75M$1.32M$502.0K$291.0K$233.0K$113.0K$101.0K
Current assets$4.34M$5.11M$5.05M$7.50M$13.93M$363.0K$513.0K$361.0K
Goodwill$1.13M$1.13M$1.13M$311.0K$311.0K$311.0K$0-
Total assets$10.46M$10.98M$9.96M$10.36M$16.98M$2.26M$1.89M$739.0K
Current liabilities$2.96M$2.47M$2.55M$859.0K$2.89M$1.33M$800.0K$407.0K
Short-term debt--$245.0K-----
Total debt$588.0K$685.0K$593.0K$283.0K$1.36B---
Total liabilities$5.57M$4.90M$4.79M$2.72M$4.90M$2.19M$1.51M$458.0K
Shareholders' equity$4.46M$6.08M$5.17M$7.64M$12.09M$71.0K$380.0K$281.0K

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
Operating cash flow-$1.31M-$3.87M-$3.24M-$2.99M-$2.75M-$1.80M-$1.81M-$1.54M
Capital expenditures$68.0K$443.0K$696.0K$96.0K$269.0K$312.0K$0-
Free cash flow-$1.38M-$4.31M-$3.93M-$3.09M-$3.02M-$2.11M-$1.81M-
Investing cash flow-$68.0K-$775.0K$4.46M-$5.59M-$269.0K-$312.0K$0-
Financing cash flow$630.0K$3.75M$379.0K-$3.66M$16.34M$1.88M$2.08M$1.54M
Stock-based compensation$654.0K$367.0K$217.0K$298.0K$285.0K$232.0K$4.0K$0
Depreciation and amortization$450.0K$436.0K$226.0K$112.0K$113.0K$50.0K$67.0K$322.0K

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
Revenue growth, YoY31.5%112.5%99.7%32.0%130.1%-6.0%-67.6%-
Gross margin39.5%31.6%9.1%12.5%0.5%-43.2%-19.1%23.2%
Operating margin-29.3%-40.9%-85.0%-163.5%-165.7%-335.3%-268.3%-85.3%
Net margin-26.3%-37.8%-77.2%-231.7%-277.9%-335.9%-268.2%-85.3%
Free cash flow margin-12.1%-49.6%-96.2%-150.8%-194.8%-313.5%-253.0%-
Return on equity-67.3%-54.0%-61.1%-62.1%-35.7%-3188.7%-506.1%-671.9%
Return on assets-28.7%-29.9%-31.7%-45.8%-25.4%-100.3%-101.7%-255.5%
Current ratio1.472.071.988.744.820.270.640.89
Debt to equity0.130.110.110.04112.35---

Source: XBRL data NexGel Inc files with the SEC, latest filing dated Aug 17, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

NXGL peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
NXGL$12.07M+3.4%-$6.13M-50.8%$1.8M
SYK$26.30B+7.9%$3.62B13.8%$124.00B
MMM$25.25B+1.7%$3.54B14.0%$97.47B
BSX$21.07B+8.9%$3.50B16.6%$63.81B
BDX$23.25B+17.4%$941.00M4.0%$58.63B
MDLN$30.68B-$683.00M2.2%$53.55B
RMD$5.73B+9.0%$1.59B27.8%$33.16B
DXCM$5.10B+13.0%$991.00M19.4%$30.24B
WST$3.40B+12.6%$638.90M18.8%$28.78B

NXGL FAQ

8 questions
  • What is NXGL revenue?
    NexGel Inc (NXGL) reported $12.07M of revenue for the twelve months ended Jun 30, 2026. That is up 3.4% from the year before. Revenue for fiscal 2025 was $11.42M.
  • Is NXGL profitable?
    No. NexGel Inc reported a net loss of $6.13M for the twelve months ended Jun 30, 2026.
  • How much cash and debt does NXGL have?
    NexGel Inc reported $1.71M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is NXGL revenue growing?
    NexGel Inc's revenue changed +31.5% in fiscal 2025, to $11.42M. Its compound annual growth rate was +76.1% over 5 years.
  • What is NXGL gross margin?
    NexGel Inc's gross profit was $4.23M on $12.07M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 35.1%.
  • What is NXGL earnings per share?
    Diluted earnings per share were -$0.71 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did NXGL last report financial results?
    The latest statements here come from NexGel Inc's 10-Q filed on Aug 17, 2026, covering the period ended Jun 30, 2026.
  • Where does this NXGL financial data come from?
    Quantisnow builds these statements from the structured XBRL data NexGel Inc files with the SEC. It is provided for information only and is not investment advice.