Neogenomics (NEO) Tax Rate (2013 - 2026)

Neogenomics' (NEO) quarterly Tax Rate came in at 22.56% in Q2 2026, down 2414.0% YoY from 0.98% in Q2 2025, and down 940.28% on a QoQ basis from 2.69% in Q1 2026.

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

Neogenomics (NEO) has 14 years of Tax Rate data on file, last reported at 22.56% in Q2 2026.

  • Quarterly Tax Rate fell 2414.0% year-over-year to 22.56% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 4.89% (up 355.0% YoY) and the FY2025 annual result came in at 2.03%, down 38.0% from the prior year.
  • Tax Rate slipped to 22.56% in Q2 2026, from 2.69% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 20.35% in Q4 2025 to a low of 22.56% in Q2 2026.
  • A 5-year average of 4.71% and a median of 5.63% in 2024 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate surged 1728 bps — and 2026, when it sank 2414 bps.
  • Tracing NEO's Tax Rate over 5 years: 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 211 bps to 22.56% in 2026.
  • The last three Tax Rate figures came in at 22.56% (Q2 2026), 2.69% (Q1 2026), and 20.35% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 8.68%
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 19.29%
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 18.89%
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 16.91%
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 19.93%
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn -0.35%
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 20.38%
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 19.52%
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 21.36%
10 Neogenomics 2.05 Bn 1.90 Bn 91.88 Mn -22.56%

Historic Data

Download Data
DateValue
Jun 30, 2026 -22.56%
Jun 30, 2026 -22.56%
Jun 30, 2026 -22.56%
Mar 31, 2026 2.69%
Mar 31, 2026 2.69%
Mar 31, 2026 2.69%
Dec 31, 2025 20.35%
Dec 31, 2025 20.35%
Dec 31, 2025 20.35%
Sep 30, 2025 -2.80%
Sep 30, 2025 -2.80%
Sep 30, 2025 -2.80%
Jun 30, 2025 1.58%
Jun 30, 2025 1.58%
Jun 30, 2025 1.58%
Mar 31, 2025 -1.04%
Mar 31, 2025 -1.04%
Mar 31, 2025 -1.04%
Dec 31, 2024 4.99%
Dec 31, 2024 4.99%