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MARKETS / NASDAQ / NEO
NASDAQ · SERVICES-TESTING LABORATORIES · LARGE CAP

Neogenomics Inc. NEO

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$727.3M
▲ 10.1% YoY
$-108.0M
$-21.8M
In brief

What this company does

NeoGenomics, Inc. provides oncology diagnostic testing and consultative services, including technical laboratory services and professional interpretation of laboratory test results by licensed physicians or molecular experts who specialize in pathology and oncology. As of December 31, 2025, it operated College of American Pathologists accredited and Clinical Laboratory Improvement Amendments of 1988 certified laboratories in Fort Myers, Florida; Aliso Viejo and Carlsbad, California; Durham, North Carolina; Ramsey, New Jersey; and Houston, Texas; and an International Organization for Standardization certified, CAP accredited full-service, sample-processing laboratory in Cambridge, United Kingdom. It operates under a single segment that encompasses a comprehensive range of services, serving a client base that includes community-based pathology and oncology practices, hospital pathology labs, reference labs, academic centers, and pharmaceutical companies. As of December 31, 2025, it had approximately 2,500 full-time equivalent employees, including contracted pathologists. For the years ended December 31, 2025, 2024 and 2023, no single client accounted for more than 10% of its revenue.

Written from the business description in NEOGENOMICS, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.

Growth
USD 727.3M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 727.3 · Net income -108.0
250.0M500.0M-50.0M-100.0M201020122014201620182020202220242025
Compound annual growth
+12.6%
+10.4%
+22.0%
+22.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +10.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−15 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -15.9% · Net -14.9%
2%4%-10%-20%-30%201020122014201620182020202220242025
ROE
FY2025 · ROE -12.4%
5%10%-50%-100%201020122014201620182020202220242025

Each USD of equity lost 12 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -21.8
20M-40M-80M201020122014201620182020202220242025

Total assetsUSD 1.4B
EquityUSD 836.6M
CashUSD 159.6M
Gross debtUSD 341.9M
Net debtUSD 182.2M
Current ratio4.26×

Net debt stands at 22% of equity.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.70.70.60.50.50.40.40.30.20.20.10.10.10.10.00.0
Operating income $B−0.1−0.1−0.1−0.2−0.1−0.00.00.00.00.0−0.00.00.00.0−0.0−0.0
EBITDA $B−0.1−0.1−0.1−0.1−0.10.00.00.00.00.00.00.00.00.00.0−0.0
Income tax $B−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.00.00.00.00.0·
Net income $B−0.1−0.1−0.1−0.1−0.00.00.00.0−0.0−0.0−0.00.00.00.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.1−0.1−0.00.00.00.00.00.00.00.0−0.0−0.0−0.0
EPS, diluted $··········−0.040.020.040.00−0.03−0.09
Dividend / sh $················
Payout %················
ROE %−12.4−8.5−9.1−13.7−0.90.71.91.1−0.2−3.3−1.92.813.10.9−26.1−105.4
Shares out B0.130.130.130.130.120.110.100.090.080.080.080.060.050.050.040.04

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 68 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 27 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Testing Laboratories
Listed onNASDAQ
Incorporated inNevada
Fiscal year endsDecember 31
Data on record since2010

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