Neogenomics (NEO) Gross Margin (2010 - 2026)

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

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

Neogenomics (NEO) has reported Gross Margin for 17 consecutive years, with 43.32% the latest figure, recorded in Q1 2026.

  • Gross Margin for Q1 2026 came in at 43.32%, down 27.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 43.15% (down 115.0% YoY), and the FY2025 annual result was 43.21%, down 71.0% from the prior year.
  • Gross Margin was 43.32% for Q1 2026 at Neogenomics, down from 43.83% in the prior quarter.
  • Over five years, Gross Margin peaked at 44.92% in Q4 2024 and troughed at 32.63% in Q1 2022.
  • Average Gross Margin over 5 years is 41.39%, with a median of 42.61% recorded in 2025.
  • Year-over-year, Gross Margin tumbled 840 bps in 2022 and surged 732 bps in 2023.
  • Over 5 years, Gross Margin stood at 40.97% in 2022, then gained by 6 bps to 43.45% in 2023, then increased by 3 bps to 44.92% in 2024, then retreated by 2 bps to 43.83% in 2025, then fell by 1 bps to 43.32% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 43.32% in Q1 2026, 43.83% in Q4 2025, and 42.84% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 70.37%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 63.35%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 99.91%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 53.95%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 32.64%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 58.68%
10 Neogenomics 1.93 Bn 1.79 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%