Neogenomics (NEO) Gross Margin (2010 - 2026)

Neogenomics (NEO) reported Gross Margin of 43.32% for Q1 2026, down 27.0% on a YoY basis from 59.34% in Q1 2025, and down 1.16% quarter-over-quarter from 43.83% in Q4 2025.

Neogenomics (NEO) Gross Margin (2010 - 2026) Analysis & Trends

Neogenomics has reported Gross Margin for 17 years, with the latest figure at 43.32% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 27.0% year-over-year to 43.32%; the trailing twelve-month figure through Mar 2026 stood at 43.15% (down 115.0% YoY), and the FY2025 full-year result was 43.21%, down 71.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 43.32%, down from 43.83% in the prior quarter.
  • The five-year high for Gross Margin was 44.92% in Q4 2024, with the low at 32.63% in Q1 2022.
  • Historically, Gross Margin has averaged 41.39% across 5 years, with a median of 42.61% in 2025.
  • Annual changes were most pronounced in 2022 — Gross Margin sank 840 bps — and 2023, when it soared 732 bps.
  • Neogenomics' Gross Margin stood at 40.97% in 2022, then grew by 6 bps to 43.45% in 2023, then advanced by 3 bps to 44.92% in 2024, then dropped by 2 bps to 43.83% in 2025, then slipped by 1 bps to 43.32% in 2026.
  • The last three Gross Margin figures came in at 43.32% (Q1 2026), 43.83% (Q4 2025), and 42.84% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 70.37%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 63.35%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 53.95%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 32.64%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 99.91%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 58.68%
10 Neogenomics 1.41 Bn 1.27 Bn 80.86 Mn 43.32%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 43.53%