Neogenomics (NEO) Research & Development (2011 - 2026)
Neogenomics (NEO) posted Research & Development of $9.5 million for Q1 2026, up 3.87% quarter-over-quarter from $9.2 million in Q4 2025, and down 6.35% year-on-year from $10.2 million in Q1 2025.
Neogenomics (NEO) Research & Development (2011 - 2026) Analysis & Trends
Neogenomics (NEO) has reported Research & Development for 16 consecutive years, with $9.5 million the latest figure, recorded in Q1 2026.
- Research & Development for Q1 2026 came in at $9.5 million, down 6.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $36.4 million (up 8.04% YoY), and the FY2025 annual result was $37.1 million, up 18.99% from the prior year.
- Research & Development was $9.5 million for Q1 2026 at Neogenomics, up from $9.2 million in the prior quarter.
- Over five years, Research & Development peaked at $10.2 million in Q1 2025 and troughed at $5.3 million in Q3 2023.
- Average Research & Development over 5 years is $8.0 million, with a median of $7.7 million recorded in 2022.
- Year-over-year, Research & Development soared 214.05% in 2022 and decreased 27.72% in 2023.
- Over 5 years, Research & Development stood at $6.7 million in 2022, then advanced by 6.77% to $7.1 million in 2023, then gained by 11.81% to $8.0 million in 2024, then gained by 15.18% to $9.2 million in 2025, then grew by 3.87% to $9.5 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $9.5 million in Q1 2026, $9.2 million in Q4 2025, and $8.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 210.70 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 126.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | - |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 51.28 Mn |
| 10 | Neogenomics | 1.93 Bn | 1.79 Bn | 80.86 Mn | 9.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.53 Mn |
| Dec 31, 2025 | 9.18 Mn |
| Sep 30, 2025 | 8.69 Mn |
| Jun 30, 2025 | 9.02 Mn |
| Mar 31, 2025 | 10.18 Mn |
| Dec 31, 2024 | 7.97 Mn |
| Sep 30, 2024 | 7.68 Mn |
| Jun 30, 2024 | 7.89 Mn |
| Mar 31, 2024 | 7.62 Mn |
| Dec 31, 2023 | 7.13 Mn |
| Sep 30, 2023 | 5.29 Mn |
| Jun 30, 2023 | 7.50 Mn |
| Mar 31, 2023 | 7.40 Mn |
| Dec 31, 2022 | 6.68 Mn |
| Sep 30, 2022 | 7.31 Mn |
| Jun 30, 2022 | 8.63 Mn |
| Mar 31, 2022 | 7.71 Mn |
| Dec 31, 2021 | 8.51 Mn |
| Sep 30, 2021 | 7.41 Mn |
| Jun 30, 2021 | 3.50 Mn |