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Segments

By segment

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Reportable Segment$9.93M+26.4%

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$2.13B+183%
Enterprise value$2.43B+264%
P/S2.8×+1.7×

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:ResearchAndDevelopmentExpense.

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
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
Total operating expenses101,649124,886200,754225,957
LOSS FROM OPERATIONS(9,771)(47,628)(28,012)(75,453)

Item 1. Financial Statements (unaudited)

FAQ

What is NeoGenomics's R&D?
NeoGenomics (NEO) reported R&D of $10.76M in Q2 2026.
How has NeoGenomics's R&D changed year-over-year?
NeoGenomics's R&D increased by 19.3% year-over-year, from $9.02M to $10.76M.
What is the long-term trend for NeoGenomics's R&D?
Over 4 years (2021 to 2025), NeoGenomics's R&D has grown at a 14.1% compound annual growth rate (CAGR), from $21.87M to $37.08M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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