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| Date | Value |
|---|---|
| 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% |