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
DateValue
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