NEOGENOMICS INC (NEO) FY2025 10-K Annual Report

Filed: Feb 17, 2026
Industrials
Services-Testing LaboratoriesSEC EDGAR

NEOGENOMICS INC (NEO) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 17, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

NEOGENOMICS INC FY2025 10-K Analysis

Business Overview

  • Core business: oncology-focused diagnostic testing and consultative services, including molecular and precision cancer testing
  • Emphasis on growth in therapy selection and Molecular Residual Disease (MRD) testing with launches under a 2026 launch excellence program
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Management Discussion & Analysis

  • Revenue $727.3M in 2025, up 10.1% YoY or $66.8M, driven by higher test volumes, higher value tests, reimbursement, and Pathline acquisition
  • Gross profit $314.3M, margin 43.2% in 2025 vs 43.9% in 2024, a 0.7% margin decline mainly from Pathline acquisition and rising costs
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Risk Factors

  • FDA potential regulation of Laboratory Developed Tests requiring clinical trials and approvals, risking operational disruptions and costs
  • Global conflicts and political unrest posing business disruption risks with no specific regional revenue exposure disclosed
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NEOGENOMICS INC FY2025 Key Financial Metrics
XBRL

Revenue

$727M

+10.1% YoY

Net Income

-$108M

-37.2% YoY

Gross Margin

43.2%

-71bp YoY

Operating Margin

-15.9%

-199bp YoY

Net Margin

-14.9%

-293bp YoY

ROE

-12.9%

-419bp YoY

Total Assets

$1.4B

-17.0% YoY

Operating Cash Flow

$5M

-25.5% YoY

Source: XBRL data from NEOGENOMICS INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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