NEXGEL, Inc. (NXGL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.65M | 2.8M | 2.93M | 2.88M | 2.81M | 3.04M | 2.94M | 1.44M | 1.27M | 1.08M | 1.22M | 1.17M | 620K | 524K | 568K | 561K | 396K | 533K | 335K | 417K |
| Revenue Growth % | -5.56% | -8.06% | -0.2% | 100.28% | 121.64% | 181.05% | 140.79% | 23.39% | 104.19% | 106.49% | 114.96% | 108.02% | 56.57% | -1.69% | 69.55% | 34.53% | 48.31% | 427.72% | 38.43% | 358.24% |
| Cost of Goods Sold | 1.59M | 1.98M | 1.69M | 1.63M | 1.62M | 2.26M | 1.66M | 1.03M | 1.11M | 924K | 877K | 995K | 677K | 488K | 420K | 460K | 418K | 430K | 392K | 413K |
| COGS % of Revenue | 59.96% | 70.71% | 57.63% | 56.38% | 57.66% | 74.38% | 56.39% | 71.53% | 87.36% | 85.4% | 71.83% | 85.26% | 109.19% | 93.13% | 73.94% | 82% | 105.56% | 80.68% | 117.01% | 99.04% |
| Gross Profit | 1.06M | 819K | 1.24M | 1.26M | 1.19M | 779K | 1.28M | 410K | 160K | 158K | 344K | 172K | -57K | 36K | 148K | 101K | -22K | 103K | -57K | 4K |
| Gross Margin % | 40.04% | 29.29% | 42.37% | 43.62% | 42.34% | 25.62% | 43.61% | 28.47% | 12.64% | 14.6% | 28.17% | 14.74% | -9.19% | 6.87% | 26.06% | 18% | -5.56% | 19.32% | -17.01% | 0.96% |
| Gross Profit Growth % | -10.69% | 5.13% | -3.04% | 206.83% | 642.5% | 393.04% | 272.67% | 138.37% | 380.7% | 338.89% | 132.43% | 70.3% | -159.09% | -65.05% | 359.65% | 2425% | 47.62% | 174.64% | -111.11% | 104.71% |
| Operating Expenses | 2.02M | 2.03M | 1.97M | 1.89M | 1.97M | 1.62M | 2.07M | 1.46M | 1.03M | 1.38M | 956K | 934K | 826K | 817K | 1.19M | 819K | 790K | 990K | 553K | 557K |
| OpEx % of Revenue | 76.19% | 72.71% | 67.08% | 65.67% | 70.03% | 53.27% | 70.41% | 101.67% | 81.44% | 127.26% | 78.3% | 80.03% | 133.23% | 155.92% | 208.63% | 145.99% | 199.49% | 185.74% | 165.07% | 133.57% |
| Selling, General & Admin | 2.02M | 2.03M | 1.88M | 1.82M | 1.89M | 1.53M | 2M | 1.31M | 940K | 1.22M | 893K | 879K | 743K | 931K | 724K | 653K | 710K | 0 | 553K | 543K |
| SG&A % of Revenue | 76.19% | 72.71% | 64.11% | 63% | 67.46% | 50.48% | 68.2% | 91.25% | 74.25% | 112.75% | 73.14% | 75.32% | 119.84% | 177.67% | 127.46% | 116.4% | 179.29% | - | 165.07% | 130.22% |
| Research & Development | 0 | 0 | 7K | 0 | 1K | 0 | 0 | 76K | 2K | 13K | 6K | 55K | 29K | 39K | 193K | 111K | 24K | 14K | 0 | 10K |
| R&D % of Revenue | - | - | 0.24% | - | 0.04% | - | - | 5.28% | 0.16% | 1.2% | 0.49% | 4.71% | 4.68% | 7.44% | 33.98% | 19.79% | 6.06% | 2.63% | - | 2.4% |
| Other Operating Expenses | 0 | 0 | 80K | 77K | 71K | 85K | 65K | 74K | 89K | 144K | 57K | 0 | 54K | -153K | 268K | 55K | 56K | 976K | 0 | 4K |
| Operating Income | -958K | -1.21M | -725K | -636K | -777K | -841K | -788K | -1.05M | -871K | -1.22M | -612K | -762K | -883K | -781K | -1.04M | -718K | -812K | -887K | -610K | -553K |
| Operating Margin % | -36.15% | -43.42% | -24.71% | -22.05% | -27.69% | -27.66% | -26.8% | -73.19% | -68.8% | -112.66% | -50.12% | -65.3% | -142.42% | -149.05% | -182.57% | -127.99% | -205.05% | -166.42% | -182.09% | -132.61% |
| Operating Income Growth % | -23.29% | -44.35% | 7.99% | 39.66% | 10.79% | 31.01% | -28.76% | -38.32% | 1.36% | -56.08% | 40.98% | -6.13% | -8.74% | 11.95% | -70% | -29.84% | -56.15% | -31.21% | -14.02% | -2.41% |
| EBITDA | -958K | -811K | -613K | -537K | -651K | -691K | -604K | -968K | -802K | -879K | -577K | -725K | -852K | -753K | -1.01M | -689K | -784K | -858.75K | -581K | -524K |
| EBITDA Margin % | -36.15% | -29.01% | -20.89% | -18.62% | -23.2% | -22.72% | -20.54% | -67.22% | -63.35% | -81.24% | -47.26% | -62.13% | -137.42% | -143.7% | -177.82% | -122.82% | -197.98% | -161.12% | -173.43% | -125.66% |
| EBITDA Growth % | -47.16% | -17.37% | -1.49% | 44.52% | 18.83% | 21.39% | -4.68% | -33.52% | 5.87% | -16.73% | 42.87% | -5.22% | -8.67% | 12.31% | -73.84% | -31.49% | -59.03% | -29.43% | -19.55% | 0.95% |
| D&A (Non-Cash Add-back) | 0 | 403K | 112K | 99K | 126K | 150K | 184K | 86K | 69K | 340K | 35K | 37K | 31K | 28K | 27K | 29K | 28K | 28.25K | 29K | 29K |
| EBIT | -958K | -1.21M | -725K | -619K | -657K | -810K | -734K | -949K | -890K | -1.19M | -549K | -633K | -806K | -960K | -985K | -687K | -1.09M | -887K | -608K | -404K |
| Net Interest Income | 42K | -2K | 10K | -21K | -21K | -16K | -20K | -29K | -15K | -5K | -2K | -7K | -1K | -2K | -242K | -348K | -744K | -878K | -534K | -422K |
| Interest Income | 0 | 0 | 10K | 0 | 0 | 0 | 0 | 1K | 0 | 0 | 1K | 2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -42K | 2K | 0 | 21K | 21K | 16K | 20K | 30K | 15K | 5K | 3K | 9K | 1K | 2K | 242K | 348K | 744K | 878K | 534K | 422K |
| Other Income/Expense | 87K | 286K | 78K | -4K | 99K | 17K | 34K | 75K | -34K | 32K | 60K | 120K | 76K | 133K | -190K | -317K | -1.02M | -752K | -532K | -273K |
| Pretax Income | -871K | -928K | -647K | -640K | -678K | -824K | -754K | -979K | -905K | -1.19M | -552K | -642K | -807K | -648K | -1.23M | -1.03M | -1.84M | -1.64M | -1.14M | -826K |
| Pretax Margin % | -32.87% | -33.19% | -22.05% | -22.19% | -24.16% | -27.1% | -25.65% | -67.99% | -71.48% | -109.7% | -45.21% | -55.01% | -130.16% | -123.66% | -216.02% | -184.49% | -463.64% | -307.5% | -340.9% | -198.08% |
| Income Tax | 56K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -6.43% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -927K | -970K | -653K | -665K | -712K | -850K | -693K | -885K | -853K | -1.1M | -550K | -695K | -814K | -648K | -1.23M | -1.03M | -1.84M | -1.64M | -1.14M | -826K |
| Net Margin % | -34.98% | -34.69% | -22.26% | -23.06% | -25.37% | -27.95% | -23.57% | -61.46% | -67.38% | -101.48% | -45.05% | -59.55% | -131.29% | -123.66% | -216.02% | -184.49% | -463.64% | -307.5% | -340.9% | -198.08% |
| Net Income Growth % | -30.2% | -14.12% | 5.77% | 24.86% | 16.53% | 22.59% | -26% | -27.34% | -4.79% | -69.44% | 55.18% | 32.85% | 55.66% | 60.46% | -7.44% | -25.3% | -160.8% | -140.68% | -109.54% | -55.85% |
| Net Income (Continuing) | -927K | -928K | -647K | -640K | -678K | -824K | -754K | -979K | -905K | -1.19M | -552K | -642K | -807K | -648K | -1.23M | -1.03M | -1.84M | -1.64M | -1.14M | -826K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 488K | 432K | 390K | 384K | 359K | 325K | 299K | 360K | 417K | 469K | 558K | 560K | 507K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.11 | -0.12 | -0.08 | -0.09 | -0.09 | -0.12 | -0.11 | -0.14 | -0.14 | -0.19 | -0.10 | -0.12 | -0.15 | -0.09 | -0.22 | -0.19 | -0.33 | -0.29 | -0.23 | -0.15 |
| EPS Growth % | -18.15% | 0% | 27.27% | 37.93% | 33.5% | 36.84% | -14.35% | -16.67% | 6.67% | -105.85% | 56.27% | 36.84% | 54.55% | 68.17% | 4.35% | -26.67% | -153.85% | -141.67% | -134.93% | -57.56% |
| EPS (Basic) | -0.11 | -0.12 | -0.08 | -0.09 | -0.09 | -0.12 | -0.11 | -0.14 | -0.14 | -0.19 | -0.10 | -0.12 | -0.15 | -0.09 | -0.22 | -0.19 | -0.33 | -0.29 | -0.23 | -0.15 |
| Diluted Shares Outstanding | 8.2M | 7.85M | 7.97M | 7.65M | 7.65M | 7.3M | 6.57M | 6.25M | 5.98M | 5.74M | 5.71M | 5.66M | 5.59M | 5.58M | 5.57M | 5.57M | 5.57M | 5.57M | 5.05M | 5.57M |
| Basic Shares Outstanding | 8.2M | 7.85M | 7.97M | 7.65M | 7.65M | 7.3M | 6.57M | 6.25M | 5.98M | 5.74M | 5.71M | 5.66M | 5.59M | 5.58M | 5.57M | 5.57M | 5.57M | 5.57M | 5.05M | 5.57M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |