Filing Flows › Nexalin Technology (NXL) › Q4 2025
Nexalin Technology (NXL) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 25, 2026
Nexalin Technology (NXL) reported revenue of $172K for the fourth quarter 2025 (Q4 2025), +532% from a year earlier and +847% from the quarter before.
Nexalin Technology, Q4 2025: revenue $172K (+532% year over year), net loss $2.4M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $172K | +847% | +532% |
| Operating profit | −$2.4M | — | — |
| Net earnings | −$2.4M | — | — |
| Operating cash flow | −$1.1M | — | — |
What changed
Revenue was $172K in Q4 2025, up 532% year over year and up 847% from the previous quarter.
Gross margin was 87.8%, up 15.3 points from Q4 2024. Operating costs exceeded revenue by $2.4M, an operating margin of -1403.9%. Operating expenses fell 11% while revenue rose 532%. The fastest-growing cost line was Other operating costs (+47%). The quarter ended with a net loss of $2.4M, wider than the previous quarter's $2.3M loss.
Operating cash flow was −$1.1M. Non-cash charges added back $832K of share-based compensation. Working capital and other items added $397K.
Questions
What was Nexalin Technology's revenue in the fourth quarter 2025?
Nexalin Technology (NXL) reported revenue of $172K for the fourth quarter 2025 (Q4 2025), +532% from a year earlier and +847% from the quarter before.
Source: Nexalin Technology 10-K on SEC EDGAR.