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NeoGenomics NEO Commercial insurance — NET REVENUE

Other product segments

Client direct billing
$137.96M+5.2%
Medicare and other government
$27.43M
Self-pay
$0-100%

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Other financials

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%
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

Reported directly by NeoGenomics in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

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
Client direct billing$137,956$131,157$269,545$253,195
Commercial insurance36,27328,76667,21153,623
Medicare and other government27,42721,38751,57242,488
Self-pay2059
Total net revenue$201,656$181,330$388,328$349,365

Item 1. Financial Statements (unaudited)

FAQ

What is NeoGenomics's commercial insurance — NET REVENUE?
NeoGenomics (NEO) reported commercial insurance — NET REVENUE of $36.27M in Q2 2026.
How has NeoGenomics's commercial insurance — NET REVENUE changed year-over-year?
NeoGenomics's commercial insurance — NET REVENUE increased by 26.1% year-over-year, from $28.77M to $36.27M.
What is the long-term trend for NeoGenomics's commercial insurance — NET REVENUE?
Over 4 years (2021 to 2025), NeoGenomics's commercial insurance — NET REVENUE has grown at a 10.5% compound annual growth rate (CAGR), from $78.77M to $117.51M.
What does commercial insurance — NET REVENUE mean?
This metric represents the total revenue generated from genetic and molecular testing services reimbursed by private commercial insurance payers. It reflects the company's ability to secure favorable coverage policies and successfully navigate the billing and collection processes with non-governmental health plans. Growth in this segment indicates successful market penetration and effective management of the payer mix within the clinical diagnostics landscape.

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