Neogenomics (NEO) Tax Rate (2013 - 2026)

Neogenomics (NEO) posted Tax Rate of 2.69% for Q1 2026, down 86.81% quarter-over-quarter from 20.35% in Q4 2025, and up 372.0% year-on-year from 0.57% in Q1 2025.

Neogenomics (NEO) Tax Rate (2013 - 2026) Analysis & Trends

Neogenomics (NEO) has reported Tax Rate for 14 consecutive years, with 2.69% the latest figure, recorded in Q1 2026.

  • Tax Rate for Q1 2026 came in at 2.69%, up 372.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.92% (up 157.0% YoY), and the FY2025 annual result was 2.03%, down 38.0% from the prior year.
  • Tax Rate was 2.69% for Q1 2026 at Neogenomics, down from 20.35% in the prior quarter.
  • Over five years, Tax Rate peaked at 20.35% in Q4 2025 and troughed at 2.8% in Q3 2025.
  • Average Tax Rate over 5 years is 6.31%, with a median of 6.28% recorded in 2023.
  • Year-over-year, Tax Rate jumped 1728 bps in 2022 and sank 1284 bps in 2024.
  • Over 5 years, Tax Rate stood at 11.12% in 2022, then plunged by 43 bps to 6.28% in 2023, then slipped by 21 bps to 4.99% in 2024, then surged by 308 bps to 20.35% in 2025, then plunged by 87 bps to 2.69% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 2.69% in Q1 2026, 20.35% in Q4 2025, and 2.8% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 18.18%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 4.04%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 16.68%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 21.66%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -0.35%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 16.91%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 17.99%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 14.65%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 19.17%
10 Neogenomics 1.93 Bn 1.79 Bn 80.86 Mn 2.69%

Historic Data

Download Data
DateValue
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%