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Side-by-side financial comparison of Embecta Corp. (EMBC) and NEOGENOMICS INC (NEO). Click either name above to swap in a different company.

Embecta Corp. is the larger business by last-quarter revenue ($261.2M vs $186.7M, roughly 1.4× NEOGENOMICS INC). Embecta Corp. runs the higher net margin — 16.9% vs -57.9%, a 74.7% gap on every dollar of revenue. On growth, NEOGENOMICS INC posted the faster year-over-year revenue change (11.1% vs -0.3%). Over the past eight quarters, NEOGENOMICS INC's revenue compounded faster (6.5% CAGR vs -4.6%).

Embecta Corp. is a global medical technology company focused on diabetes care solutions. It designs, manufactures and distributes a full portfolio of products including insulin pen needles, syringes, infusion set components and related delivery devices, serving patients, healthcare providers and biopharmaceutical partners across North America, Europe, Asia Pacific and other major markets.

NeoGenomics Laboratories, Inc., also known as NeoGenomics or Neo, is an American CLIA-certified clinical laboratory, pharma services and information services company that specializes in cancer genetics diagnostic testing. The company's testing services include cytogenetics, fluorescence in situ hybridization (FISH), flow cytometry, immunohistochemistry, anatomic pathology, and molecular genetics.

EMBC vs NEO — Head-to-Head

Bigger by revenue
EMBC
EMBC
1.4× larger
EMBC
$261.2M
$186.7M
NEO
Growing faster (revenue YoY)
NEO
NEO
+11.4% gap
NEO
11.1%
-0.3%
EMBC
Higher net margin
EMBC
EMBC
74.7% more per $
EMBC
16.9%
-57.9%
NEO
Faster 2-yr revenue CAGR
NEO
NEO
Annualised
NEO
6.5%
-4.6%
EMBC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EMBC
EMBC
NEO
NEO
Revenue
$261.2M
$186.7M
Net Profit
$44.1M
$-108.0M
Gross Margin
61.9%
43.3%
Operating Margin
31.9%
46.9%
Net Margin
16.9%
-57.9%
Revenue YoY
-0.3%
11.1%
Net Profit YoY
42.0%
EPS (diluted)
$0.74
$-0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EMBC
EMBC
NEO
NEO
Q1 26
$186.7M
Q4 25
$261.2M
$190.2M
Q3 25
$264.0M
$187.8M
Q2 25
$295.5M
$181.3M
Q1 25
$259.0M
$168.0M
Q4 24
$261.9M
$172.0M
Q3 24
$286.1M
$167.8M
Q2 24
$272.5M
$164.5M
Net Profit
EMBC
EMBC
NEO
NEO
Q1 26
$-108.0M
Q4 25
$44.1M
Q3 25
$26.4M
$-27.1M
Q2 25
$45.5M
$-45.1M
Q1 25
$23.5M
$-25.9M
Q4 24
$0
Q3 24
$14.6M
$-17.7M
Q2 24
$14.7M
$-18.6M
Gross Margin
EMBC
EMBC
NEO
NEO
Q1 26
43.3%
Q4 25
61.9%
43.8%
Q3 25
60.0%
42.8%
Q2 25
66.7%
42.6%
Q1 25
63.4%
43.6%
Q4 24
60.0%
44.9%
Q3 24
60.7%
44.6%
Q2 24
69.8%
44.1%
Operating Margin
EMBC
EMBC
NEO
NEO
Q1 26
46.9%
Q4 25
31.9%
-7.1%
Q3 25
21.4%
-14.4%
Q2 25
31.8%
-26.3%
Q1 25
24.3%
-16.6%
Q4 24
11.0%
-10.7%
Q3 24
9.2%
-12.6%
Q2 24
20.5%
-13.3%
Net Margin
EMBC
EMBC
NEO
NEO
Q1 26
-57.9%
Q4 25
16.9%
Q3 25
10.0%
-14.4%
Q2 25
15.4%
-24.9%
Q1 25
9.1%
-15.4%
Q4 24
Q3 24
5.1%
-10.5%
Q2 24
5.4%
-11.3%
EPS (diluted)
EMBC
EMBC
NEO
NEO
Q1 26
$-0.13
Q4 25
$0.74
Q3 25
$0.44
Q2 25
$0.78
Q1 25
$0.40
Q4 24
$0.00
Q3 24
$0.24
Q2 24
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EMBC
EMBC
NEO
NEO
Cash + ST InvestmentsLiquidity on hand
$201.3M
$146.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$-613.1M
$828.8M
Total Assets
$1.1B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EMBC
EMBC
NEO
NEO
Q1 26
$146.1M
Q4 25
$201.3M
$159.6M
Q3 25
$225.5M
$164.1M
Q2 25
$230.6M
$154.7M
Q1 25
$209.3M
$346.2M
Q4 24
$210.0M
$367.0M
Q3 24
$267.5M
$362.0M
Q2 24
$275.1M
$355.1M
Total Debt
EMBC
EMBC
NEO
NEO
Q1 26
Q4 25
$341.9M
Q3 25
$1.4B
Q2 25
Q1 25
Q4 24
$541.1M
Q3 24
$1.6B
Q2 24
Stockholders' Equity
EMBC
EMBC
NEO
NEO
Q1 26
$828.8M
Q4 25
$-613.1M
$836.6M
Q3 25
$-650.6M
$838.3M
Q2 25
$-669.6M
$854.0M
Q1 25
$-736.2M
$888.3M
Q4 24
$-768.8M
$902.3M
Q3 24
$-738.3M
$908.2M
Q2 24
$-763.7M
$915.9M
Total Assets
EMBC
EMBC
NEO
NEO
Q1 26
$1.3B
Q4 25
$1.1B
$1.4B
Q3 25
$1.1B
$1.4B
Q2 25
$1.2B
$1.4B
Q1 25
$1.1B
$1.6B
Q4 24
$1.1B
$1.6B
Q3 24
$1.3B
$1.6B
Q2 24
$1.3B
$1.6B
Debt / Equity
EMBC
EMBC
NEO
NEO
Q1 26
Q4 25
0.41×
Q3 25
Q2 25
Q1 25
Q4 24
0.60×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EMBC
EMBC
NEO
NEO
Operating Cash FlowLast quarter
$17.2M
$-8.1M
Free Cash FlowOCF − Capex
$16.6M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
0.39×
TTM Free Cash FlowTrailing 4 quarters
$205.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EMBC
EMBC
NEO
NEO
Q1 26
$-8.1M
Q4 25
$17.2M
$1.3M
Q3 25
$84.0M
$8.9M
Q2 25
$81.2M
$20.3M
Q1 25
$31.8M
$-25.3M
Q4 24
$-5.3M
$9.8M
Q3 24
$26.6M
$9.2M
Q2 24
$-2.1M
$13.9M
Free Cash Flow
EMBC
EMBC
NEO
NEO
Q1 26
Q4 25
$16.6M
$-6.5M
Q3 25
$76.7M
$570.0K
Q2 25
$80.8M
$14.0M
Q1 25
$31.7M
$-29.8M
Q4 24
$-6.8M
$-1.8M
Q3 24
$-1.6M
Q2 24
$-11.8M
$814.0K
FCF Margin
EMBC
EMBC
NEO
NEO
Q1 26
Q4 25
6.4%
-3.4%
Q3 25
29.1%
0.3%
Q2 25
27.3%
7.7%
Q1 25
12.2%
-17.8%
Q4 24
-2.6%
-1.0%
Q3 24
-0.9%
Q2 24
-4.3%
0.5%
Capex Intensity
EMBC
EMBC
NEO
NEO
Q1 26
Q4 25
0.2%
4.1%
Q3 25
2.8%
4.4%
Q2 25
0.1%
3.5%
Q1 25
0.0%
2.7%
Q4 24
0.6%
6.7%
Q3 24
0.0%
6.4%
Q2 24
3.6%
8.0%
Cash Conversion
EMBC
EMBC
NEO
NEO
Q1 26
Q4 25
0.39×
Q3 25
3.18×
Q2 25
1.78×
Q1 25
1.35×
Q4 24
Q3 24
1.82×
Q2 24
-0.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EMBC
EMBC

Pen Needles$185.5M71%
Safety$37.3M14%
Syringes$30.7M12%
Manufacturing Facility$4.1M2%

NEO
NEO

Segment breakdown not available.

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