Neogenomics (NEO) Operating Expenses (2010 - 2026)
Neogenomics' (NEO) quarterly Operating Expenses came in at $101.6 million in Q2 2026, down 18.61% YoY from $124.9 million in Q2 2025, and up 2.57% on a QoQ basis from $99.1 million in Q1 2026.
Neogenomics (NEO) Operating Expenses (2010 - 2026) Analysis & Trends
Neogenomics (NEO) has 17 years of Operating Expenses data on file, last reported at $101.6 million in Q2 2026.
- Quarterly Operating Expenses fell 18.61% year-over-year to $101.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $405.0 million (down 3.05% YoY) and the FY2025 annual result came in at $430.2 million, up 12.55% from the prior year.
- Operating Expenses improved to $101.6 million in Q2 2026, from $99.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $124.9 million in Q2 2025 to a low of $83.2 million in Q4 2022.
- A 5-year average of $95.1 million and a median of $95.0 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 59.24% — and 2026, when it fell 18.61%.
- Tracing NEO's Operating Expenses over 5 years: stood at $83.2 million in 2022, then increased by 3.55% to $86.2 million in 2023, then grew by 11.02% to $95.7 million in 2024, then advanced by 1.15% to $96.8 million in 2025, then grew by 5.06% to $101.6 million in 2026.
- The last three Operating Expenses figures came in at $101.6 million (Q2 2026), $99.1 million (Q1 2026), and $96.8 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn | 353.52 Mn |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn | 1.44 Bn |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn | 637.00 Mn |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn | 790.16 Mn |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn | 525.00 Mn |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn | 321.77 Mn |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn | 2.58 Bn |
| 10 | Neogenomics | 2.05 Bn | 1.90 Bn | 91.88 Mn | 101.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 101.65 Mn |
| Mar 31, 2026 | 99.11 Mn |
| Dec 31, 2025 | 96.76 Mn |
| Sep 30, 2025 | 107.46 Mn |
| Jun 30, 2025 | 124.89 Mn |
| Mar 31, 2025 | 101.07 Mn |
| Dec 31, 2024 | 95.66 Mn |
| Sep 30, 2024 | 96.08 Mn |
| Jun 30, 2024 | 94.44 Mn |
| Mar 31, 2024 | 96.04 Mn |
| Dec 31, 2023 | 86.16 Mn |
| Sep 30, 2023 | 86.51 Mn |
| Jun 30, 2023 | 89.79 Mn |
| Mar 31, 2023 | 89.89 Mn |
| Dec 31, 2022 | 83.21 Mn |
| Sep 30, 2022 | 88.40 Mn |
| Jun 30, 2022 | 83.65 Mn |
| Mar 31, 2022 | 90.26 Mn |
| Dec 31, 2021 | 86.82 Mn |
| Sep 30, 2021 | 86.95 Mn |