Neogenomics (NEO) Gross Margin (2010 - 2026)
Neogenomics (NEO) posted Gross Margin of 45.56% for Q2 2026, up 2.96 percentage points from 42.61% a year earlier and up 2.24 percentage points from the prior quarter.
Neogenomics (NEO) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Neogenomics was 43.92%, unchanged year-over-year; for FY2025, it was 43.21%, down 0.71 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +1.39 percentage points (FY2020 to FY2025).
- In prior years, Neogenomics' Gross Margin was 43.92% in FY2024 (+2.57 pp), 41.34% in FY2023 (+4.48 pp), 36.86% in FY2022 (-1.76 pp) and 38.62% in FY2021 (-3.20 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin since Q4 2020.
- On a year-over-year basis, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of +0.64 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2023, with a gain of 7.32 percentage points; the weakest was Q4 2021, with a drop of 9.60 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 43.32% (Q1 2026), 43.83% (Q4 2025) and 42.84% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.50 Bn | 98.51 Bn | - | - |
| 2 | Natera | 58.05 Bn | 53.74 Bn | 485.19 Mn | 64.46% |
| 3 | Labcorp Holdings | 26.39 Bn | 24.13 Bn | 1.11 Bn | 29.80% |
| 4 | Quest Diagnostics | 26.28 Bn | 24.41 Bn | 1.03 Bn | 33.75% |
| 5 | Tenet Healthcare | 22.71 Bn | 11.72 Bn | - | - |
| 6 | Guardant Health | 21.59 Bn | 17.65 Bn | 219.03 Mn | 65.39% |
| 7 | BrightSpring Health Services | 12.87 Bn | 11.21 Bn | 492.75 Mn | 12.72% |
| 8 | Fresenius Medical Care AG | 12.49 Bn | 4.44 Bn | 1.52 Bn | 26.95% |
| 9 | Encompass Health | 12.04 Bn | 11.70 Bn | - | - |
| 10 | Neogenomics | 2.15 Bn | 1.54 Bn | 91.88 Mn | 45.56% |
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% |
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_KEY
import 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();