Neogenomics (NEO) Gross Margin (2010 - 2026)
Neogenomics' (NEO) quarterly Gross Margin came in at 45.56% in Q2 2026, up 296.0% on a YoY basis from 11.51% in Q2 2025, and up 5.18% quarter-over-quarter from 43.32% in Q1 2026.
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Neogenomics (NEO) Gross Margin (2010 - 2026) Analysis & Trends
Neogenomics (NEO) has reported Gross Margin for 17 consecutive years, with 45.56% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 296.0% year-over-year to 45.56%; the trailing twelve-month figure through Jun 2026 stood at 43.92% (changed 0.0% YoY), and the FY2025 full-year result was 43.21%, down 71.0% from the prior year.
- Gross Margin grew to 45.56% in Q2 2026 per NEO's latest filing, from 43.32% in the prior quarter.
- Across five years, Gross Margin topped out at 45.56% in Q2 2026 and bottomed at 32.63% in Q1 2022.
- Historically, Gross Margin has averaged 41.62% across 5 years, with a median of 42.72% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 840 bps in 2022, then jumped 732 bps in 2023.
- Over 5 years, Gross Margin stood at 40.97% in 2022, then rose by 6 bps to 43.45% in 2023, then grew by 3 bps to 44.92% in 2024, then fell by 2 bps to 43.83% in 2025, then grew by 4 bps to 45.56% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 45.56%, 43.32%, and 43.83% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | 64.58% |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 33.75% |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 29.80% |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | 65.39% |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 71.70% |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 69.16% |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 55.38% |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 70.45% |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | 71.82% |
| 10 | Neogenomics | 2.55 Bn | 2.40 Bn | 91.88 Mn | 45.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.56% |
| Mar 31, 2026 | 43.32% |
| Dec 31, 2025 | 43.83% |
| Sep 30, 2025 | 42.84% |
| Jun 30, 2025 | 42.61% |
| Mar 31, 2025 | 43.59% |
| Dec 31, 2024 | 44.92% |
| Sep 30, 2024 | 44.62% |
| Jun 30, 2024 | 44.07% |
| Mar 31, 2024 | 41.90% |
| Dec 31, 2023 | 43.45% |
| Sep 30, 2023 | 41.01% |
| Jun 30, 2023 | 40.77% |
| Mar 31, 2023 | 39.95% |
| Dec 31, 2022 | 40.97% |
| Sep 30, 2022 | 37.97% |
| Jun 30, 2022 | 35.14% |
| Mar 31, 2022 | 32.63% |
| Dec 31, 2021 | 35.99% |
| Sep 30, 2021 | 38.93% |
API Access
Neogenomics Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NEO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NEO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NEO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();