Neogenomics (NEO) Tax Rate (2013 - 2026)
Neogenomics (NEO) reported Tax Rate of 2.69% for Q1 2026, up 372.0% on a YoY basis from 0.57% in Q1 2025, and down 86.81% quarter-over-quarter from 20.35% in Q4 2025.
Neogenomics (NEO) Tax Rate (2013 - 2026) Analysis & Trends
Neogenomics has reported Tax Rate for 14 years, with the latest figure at 2.69% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 372.0% year-over-year to 2.69%; the trailing twelve-month figure through Mar 2026 stood at 2.92% (up 157.0% YoY), and the FY2025 full-year result was 2.03%, down 38.0% from the prior year.
- Tax Rate for Q1 2026 stood at 2.69%, down from 20.35% in the prior quarter.
- The five-year high for Tax Rate was 20.35% in Q4 2025, with the low at 2.8% in Q3 2025.
- Historically, Tax Rate has averaged 6.31% across 5 years, with a median of 6.28% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate surged 1728 bps — and 2024, when it tumbled 1284 bps.
- Neogenomics' Tax Rate stood at 11.12% in 2022, then sank by 43 bps to 6.28% in 2023, then fell by 21 bps to 4.99% in 2024, then surged by 308 bps to 20.35% in 2025, then sank by 87 bps to 2.69% in 2026.
- The last three Tax Rate figures came in at 2.69% (Q1 2026), 20.35% (Q4 2025), and 2.8% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 21.66% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 16.91% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 17.99% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -0.35% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 19.17% |
| 10 | Neogenomics | 1.41 Bn | 1.27 Bn | 80.86 Mn | 2.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.69% |
| Mar 31, 2026 | 2.69% |
| Dec 31, 2025 | 20.35% |
| Dec 31, 2025 | 20.35% |
| Sep 30, 2025 | -2.80% |
| Sep 30, 2025 | -2.80% |
| Jun 30, 2025 | 1.58% |
| Jun 30, 2025 | 1.58% |
| Mar 31, 2025 | -1.04% |
| Mar 31, 2025 | -1.04% |
| Dec 31, 2024 | 4.99% |
| Dec 31, 2024 | 4.99% |
| Sep 30, 2024 | 0.84% |
| Sep 30, 2024 | 0.84% |
| Jun 30, 2024 | 1.97% |
| Jun 30, 2024 | 1.97% |
| Mar 31, 2024 | 2.24% |
| Mar 31, 2024 | 2.24% |
| Dec 31, 2023 | 6.28% |
| Dec 31, 2023 | 6.28% |