Neogenomics (NEO) Research & Development (2011 - 2026)
Neogenomics (NEO) reported Research & Development of $9.5 million for Q1 2026, down 6.35% on a YoY basis from $10.2 million in Q1 2025, and up 3.87% quarter-over-quarter from $9.2 million in Q4 2025.
Neogenomics (NEO) Research & Development (2011 - 2026) Analysis & Trends
Neogenomics has reported Research & Development for 16 years, with the latest figure at $9.5 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 6.35% year-over-year to $9.5 million; the trailing twelve-month figure through Mar 2026 stood at $36.4 million (up 8.04% YoY), and the FY2025 full-year result was $37.1 million, up 18.99% from the prior year.
- Research & Development for Q1 2026 stood at $9.5 million, up from $9.2 million in the prior quarter.
- The five-year high for Research & Development was $10.2 million in Q1 2025, with the low at $5.3 million in Q3 2023.
- Historically, Research & Development has averaged $8.0 million across 5 years, with a median of $7.7 million in 2022.
- Annual changes were most pronounced in 2022 — Research & Development jumped 214.05% — and 2023, when it fell 27.72%.
- Neogenomics' Research & Development stood at $6.7 million in 2022, then increased by 6.77% to $7.1 million in 2023, then grew by 11.81% to $8.0 million in 2024, then grew by 15.18% to $9.2 million in 2025, then gained by 3.87% to $9.5 million in 2026.
- The last three Research & Development figures came in at $9.5 million (Q1 2026), $9.2 million (Q4 2025), and $8.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 126.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | - |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 210.70 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 51.28 Mn |
| 10 | Neogenomics | 1.41 Bn | 1.27 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 |