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NeoGenomics NEO Q2 2026 earnings

Reported July 28, 2026 · After market close

Revenue$201.7MBeat by $4.7M
Adjusted EPS$0.05Beat by $0.02
Revenue estimate$196.9M
EPS estimate$0.03
Revenue growth of 11% year-over-year exceeded our outlook, with NGS revenue growth of 26% reflecting a continued mix shift to more advanced testing modalities. This revenue growth is being coupled with our focus on disciplined margin expansion, as evidenced by adjusted EBITDA increasing by 36%. Looking ahead, I remain confident that we are well positioned to deliver long-term profitable growth, while investing in our business and expanding our suite of on-market testing solutions for patients and providers.
Tony Zook

Next report

Oct 27, 2026 (in a month)
Revenue estimate$205.9M
EPS estimate$0.06

Financials

Q2 2026

Income statement

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Revenue$201.7M+11.2%
Gross profit$91.9M+18.9%
Operating income-$9.8M+79.5%
Net income$2.2M+105%
EPS (diluted)$0.02+106%

Balance sheet

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Cash & equivalents$145.5M-5.9%
Total debt$448.4M+534%
Total equity$785.7M-8.0%
Total assets$1.4B-3.0%

Cash flow

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Operating cash flow$20.0M-1.8%
CapEx$8.2M+30.0%

Valuation & ratios

Valuation

as of 09/17/26
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Market cap$2.43B+132%
Enterprise value$2.74B+184%
P/S3.2×+1.7×

Profitability

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Gross margin43.9%0.0pp
Operating margin-8.9%-2.8pp
Net margin-6.8%-2.4pp

Returns & leverage

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Return on equity-6.3%-2.0pp
Debt / equity0.6×+0.5×
Current ratio3.6×-0.3×

Segments

By product

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Client direct billing$138.0M+5.2%
Commercial insurance$36.3M+26.1%
Medicare and other government$27.4M
Self-pay--100%

By segment

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Reportable Segment$201.7M+11.2%

FAQ

When did NeoGenomics report Q2 2026 earnings?
NeoGenomics (NEO) reported Q2 2026 earnings on July 28, 2026 after market close.
What were NeoGenomics's Q2 2026 revenue and EPS?
NeoGenomics reported revenue of $201.7M and adjusted eps of $0.05 for Q2 2026.
Did NeoGenomics beat estimates in Q2 2026?
Revenue beat the consensus estimate of $196.9M by $4.7M. EPS beat the consensus estimate of $0.03 by $0.02.
How did NeoGenomics's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 11.2% from $181.3M a year earlier.
Where can I find NeoGenomics's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001077183-26-000058) and the 10-Q periodic report (0001077183-26-000059) directly on SEC EDGAR. The filing index links above go to sec.gov.