Neogenomics (NEO) Research & Development (2010 - 2026)
Neogenomics' (NEO) quarterly Research & Development came in at $27.3 million in Q2 2026, up 13.29% YoY from $24.1 million in Q2 2025, and up 14.46% on a QoQ basis from $23.8 million in Q1 2026.
Neogenomics (NEO) Research & Development (2010 - 2026) Analysis & Trends
Neogenomics (NEO) has 17 years of Research & Development data on file, last reported at $27.3 million in Q2 2026.
- Quarterly Research & Development rose 13.29% year-over-year to $27.3 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $96.4 million (up 7.64% YoY) and the FY2025 annual result came in at $92.0 million, up 8.69% from the prior year.
- Research & Development advanced to $27.3 million in Q2 2026, from $23.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $27.3 million in Q2 2026 to a low of $16.3 million in Q1 2023.
- A 5-year average of $20.3 million and a median of $20.3 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development decreased 0.89% — and 2024, when it climbed 24.37%.
- Tracing NEO's Research & Development over 5 years: stood at $17.1 million in 2022, then rose by 5.43% to $18.1 million in 2023, then grew by 23.61% to $22.3 million in 2024, then climbed by 4.94% to $23.4 million in 2025, then increased by 16.35% to $27.3 million in 2026.
- The last three Research & Development figures came in at $27.3 million (Q2 2026), $23.8 million (Q1 2026), and $23.4 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.77 Bn | 209.71 Bn | 8.34 Bn | 364.00 Mn |
| 2 | Danaher | 139.78 Bn | 135.43 Bn | 3.61 Bn | 412.00 Mn |
| 3 | Idexx Laboratories | 46.04 Bn | 45.85 Bn | 779.09 Mn | 171.28 Mn |
| 4 | Agilent Technologies | 39.68 Bn | 37.88 Bn | 990.00 Mn | 126.00 Mn |
| 5 | Iqvia Holdings | 39.34 Bn | 37.26 Bn | 1.44 Bn | - |
| 6 | Natera | 38.75 Bn | 37.65 Bn | 696.04 Mn | 210.70 Mn |
| 7 | Illumina | 29.90 Bn | 28.73 Bn | 770.00 Mn | 252.00 Mn |
| 8 | Mettler Toledo International | 28.58 Bn | 28.53 Bn | 650.22 Mn | 52.99 Mn |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | - |
| 10 | Neogenomics | 2.07 Bn | 1.92 Bn | 91.88 Mn | 27.28 Mn |
Historic Data
Download 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 |