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| Date | Value |
|---|---|
| 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% |