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Nexalin Technology (NXL) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 12, 2026

Nexalin Technology (NXL) reported revenue of $12K for the second quarter 2026 (Q2 2026), -83% from a year earlier and -19% from the quarter before.

Revenue$12K
Year over year-83%
Quarter over quarter-19%
Operating margin—
Net earnings−$2.2M

Nexalin Technology, Q2 2026: revenue $12K (-83% year over year), net loss $2.2M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$12K-19%-83%
Operating profit−$2.2M——
Net earnings−$2.2M——
Operating cash flow−$1.8M——

What changed

Revenue was $12K in Q2 2026, down 83% year over year and down 19% from the previous quarter.

Gross margin was 73.2%, up 5.5 points from Q2 2025. Operating costs exceeded revenue by $2.2M, an operating margin of -18479.7%. Operating expenses grew 35% against a revenue fall of 83%. The fastest-growing cost line was Research & development (+150%). The quarter ended with a net loss of $2.2M, wider than the previous quarter's $2.1M loss.

Operating cash flow was −$1.8M. Non-cash charges added back $9K of depreciation and amortization and $408K of share-based compensation.

Questions

What was Nexalin Technology's revenue in the second quarter 2026?

Nexalin Technology (NXL) reported revenue of $12K for the second quarter 2026 (Q2 2026), -83% from a year earlier and -19% from the quarter before.

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Source: Nexalin Technology 10-Q on SEC EDGAR.