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NeoGenomics NEO Gross Profit

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Other financials

Income statement

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Revenue$201.7M+11.2%
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%
Free cash flow-$13.1M+56.0%

Valuation

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Market cap$2B+182%
Enterprise value$2.3B+268%
P/S2.6×+1.6×

Profitability

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Gross margin43.9%0.0pp
Operating margin-8.9%-2.8pp
Net margin-6.8%-2.4pp
FCF margin-4.9%

Returns & leverage

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

Where this comes from

Calculated from NeoGenomics’s reported figures.

The source filing: NeoGenomics’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001077183-26-000059
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
NET REVENUE$201,656$181,330$388,328$349,365
COST OF REVENUE109,778104,072215,586198,861
GROSS PROFIT91,87877,258172,742150,504
Operating expenses:
General and administrative63,61371,747129,354139,954
Research and development10,7619,02320,29519,204
Sales and marketing27,27524,07551,10546,758
Impairment charges (Note 5)20,04120,041

Item 1. Financial Statements (unaudited)

FAQ

What is NeoGenomics's gross profit?
NeoGenomics (NEO) reported gross profit of $91.88M in Q2 2026.
How has NeoGenomics's gross profit changed year-over-year?
NeoGenomics's gross profit increased by 18.9% year-over-year, from $77.26M to $91.88M.
What is the long-term trend for NeoGenomics's gross profit?
Over 4 years (2021 to 2025), NeoGenomics's gross profit has grown at a 13.9% compound annual growth rate (CAGR), from $187.06M to $314.29M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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