Neogenomics (NEO) Research & Development (2010 - 2026)
Neogenomics' (NEO) quarterly Research & Development came in at $27.3 million in Q2 2026, up 13.29% on a YoY basis from $24.1 million in Q2 2025, and up 14.46% quarter-over-quarter from $23.8 million in Q1 2026.
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Analysis
Neogenomics (NEO) Research & Development (2010 - 2026) Analysis & Trends
Neogenomics (NEO) has reported Research & Development for 17 consecutive years, with $27.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 13.29% year-over-year to $27.3 million; the trailing twelve-month figure through Jun 2026 stood at $96.4 million (up 7.64% YoY), and the FY2025 full-year result was $92.0 million, up 8.69% from the prior year.
- Research & Development rose to $27.3 million in Q2 2026 per NEO's latest filing, from $23.8 million in the prior quarter.
- Across five years, Research & Development topped out at $27.3 million in Q2 2026 and bottomed at $16.3 million in Q1 2023.
- Historically, Research & Development has averaged $20.3 million across 5 years, with a median of $20.3 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Research & Development slipped 0.89% in 2022, then grew 24.37% in 2024.
- Over 5 years, Research & Development stood at $17.1 million in 2022, then advanced by 5.43% to $18.1 million in 2023, then rose by 23.61% to $22.3 million in 2024, then increased by 4.94% to $23.4 million in 2025, then gained by 16.35% to $27.3 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $27.3 million, $23.8 million, and $23.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | 228.07 Mn |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | - |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | - |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | 189.95 Mn |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 52.64 Mn |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 53.76 Mn |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | - |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 17.32 Mn |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | 26.41 Mn |
| 10 | Neogenomics | 2.55 Bn | 2.40 Bn | 91.88 Mn | 27.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.28 Mn |
| Mar 31, 2026 | 23.83 Mn |
| Dec 31, 2025 | 23.44 Mn |
| Sep 30, 2025 | 21.81 Mn |
| Jun 30, 2025 | 24.08 Mn |
| Mar 31, 2025 | 22.68 Mn |
| Dec 31, 2024 | 22.34 Mn |
| Sep 30, 2024 | 20.42 Mn |
| Jun 30, 2024 | 21.68 Mn |
| Mar 31, 2024 | 20.22 Mn |
| Dec 31, 2023 | 18.07 Mn |
| Sep 30, 2023 | 17.61 Mn |
| Jun 30, 2023 | 18.90 Mn |
| Mar 31, 2023 | 16.26 Mn |
| Dec 31, 2022 | 17.14 Mn |
| Sep 30, 2022 | 16.81 Mn |
| Jun 30, 2022 | 17.07 Mn |
| Mar 31, 2022 | 16.30 Mn |
| Dec 31, 2021 | 15.92 Mn |
| Sep 30, 2021 | 15.70 Mn |
API Access
Neogenomics Research & Development 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=research-and-development&ticker=NEO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=NEO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();