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
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%