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
DateValue
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