vs

Side-by-side financial comparison of ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) and NEOGENOMICS INC (NEO). Click either name above to swap in a different company.

NEOGENOMICS INC is the larger business by last-quarter revenue ($186.7M vs $158.8M, roughly 1.2× ESSENTIAL PROPERTIES REALTY TRUST, INC.). ESSENTIAL PROPERTIES REALTY TRUST, INC. runs the higher net margin — 37.8% vs -57.9%, a 95.6% gap on every dollar of revenue. On growth, ESSENTIAL PROPERTIES REALTY TRUST, INC. posted the faster year-over-year revenue change (22.8% vs 11.1%). Over the past eight quarters, ESSENTIAL PROPERTIES REALTY TRUST, INC.'s revenue compounded faster (20.6% CAGR vs 6.5%).

Essential Properties Realty Trust is a publicly traded real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of single-tenant net-leased commercial properties across the United States. Its assets primarily cover essential service-oriented sectors including casual dining, automotive services, medical clinics, early childhood education centers and light industrial facilities, with tenants mostly holding robust long-term operating track records.

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.

EPRT vs NEO — Head-to-Head

Bigger by revenue
NEO
NEO
1.2× larger
NEO
$186.7M
$158.8M
EPRT
Growing faster (revenue YoY)
EPRT
EPRT
+11.7% gap
EPRT
22.8%
11.1%
NEO
Higher net margin
EPRT
EPRT
95.6% more per $
EPRT
37.8%
-57.9%
NEO
Faster 2-yr revenue CAGR
EPRT
EPRT
Annualised
EPRT
20.6%
6.5%
NEO

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EPRT
EPRT
NEO
NEO
Revenue
$158.8M
$186.7M
Net Profit
$60.0M
$-108.0M
Gross Margin
43.3%
Operating Margin
56.5%
46.9%
Net Margin
37.8%
-57.9%
Revenue YoY
22.8%
11.1%
Net Profit YoY
6.5%
42.0%
EPS (diluted)
$0.28
$-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
EPRT
EPRT
NEO
NEO
Q1 26
$158.8M
$186.7M
Q4 25
$149.9M
$190.2M
Q3 25
$144.9M
$187.8M
Q2 25
$137.1M
$181.3M
Q1 25
$129.4M
$168.0M
Q4 24
$119.7M
$172.0M
Q3 24
$117.1M
$167.8M
Q2 24
$109.3M
$164.5M
Net Profit
EPRT
EPRT
NEO
NEO
Q1 26
$60.0M
$-108.0M
Q4 25
$68.1M
Q3 25
$65.6M
$-27.1M
Q2 25
$63.2M
$-45.1M
Q1 25
$56.1M
$-25.9M
Q4 24
$55.4M
Q3 24
$49.1M
$-17.7M
Q2 24
$51.5M
$-18.6M
Gross Margin
EPRT
EPRT
NEO
NEO
Q1 26
43.3%
Q4 25
43.8%
Q3 25
42.8%
Q2 25
42.6%
Q1 25
43.6%
Q4 24
44.9%
Q3 24
44.6%
Q2 24
44.1%
Operating Margin
EPRT
EPRT
NEO
NEO
Q1 26
56.5%
46.9%
Q4 25
65.9%
-7.1%
Q3 25
64.7%
-14.4%
Q2 25
64.1%
-26.3%
Q1 25
61.6%
-16.6%
Q4 24
66.1%
-10.7%
Q3 24
59.7%
-12.6%
Q2 24
61.1%
-13.3%
Net Margin
EPRT
EPRT
NEO
NEO
Q1 26
37.8%
-57.9%
Q4 25
45.4%
Q3 25
45.3%
-14.4%
Q2 25
46.1%
-24.9%
Q1 25
43.4%
-15.4%
Q4 24
46.3%
Q3 24
42.0%
-10.5%
Q2 24
47.1%
-11.3%
EPS (diluted)
EPRT
EPRT
NEO
NEO
Q1 26
$0.28
$-0.13
Q4 25
$0.34
Q3 25
$0.33
Q2 25
$0.32
Q1 25
$0.29
Q4 24
$0.31
Q3 24
$0.27
Q2 24
$0.29

Balance Sheet & Financial Strength

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

Metric
EPRT
EPRT
NEO
NEO
Cash + ST InvestmentsLiquidity on hand
$15.2M
$146.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.4B
$828.8M
Total Assets
$7.2B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPRT
EPRT
NEO
NEO
Q1 26
$15.2M
$146.1M
Q4 25
$60.2M
$159.6M
Q3 25
$23.8M
$164.1M
Q2 25
$20.8M
$154.7M
Q1 25
$47.0M
$346.2M
Q4 24
$40.7M
$367.0M
Q3 24
$32.7M
$362.0M
Q2 24
$23.6M
$355.1M
Total Debt
EPRT
EPRT
NEO
NEO
Q1 26
Q4 25
$2.5B
$341.9M
Q3 25
$2.6B
Q2 25
$2.3B
Q1 25
$2.1B
Q4 24
$2.1B
$541.1M
Q3 24
$2.2B
Q2 24
$1.9B
Stockholders' Equity
EPRT
EPRT
NEO
NEO
Q1 26
$4.4B
$828.8M
Q4 25
$4.2B
$836.6M
Q3 25
$3.8B
$838.3M
Q2 25
$3.8B
$854.0M
Q1 25
$3.8B
$888.3M
Q4 24
$3.6B
$902.3M
Q3 24
$3.2B
$908.2M
Q2 24
$3.2B
$915.9M
Total Assets
EPRT
EPRT
NEO
NEO
Q1 26
$7.2B
$1.3B
Q4 25
$6.9B
$1.4B
Q3 25
$6.6B
$1.4B
Q2 25
$6.3B
$1.4B
Q1 25
$6.1B
$1.6B
Q4 24
$5.8B
$1.6B
Q3 24
$5.5B
$1.6B
Q2 24
$5.3B
$1.6B
Debt / Equity
EPRT
EPRT
NEO
NEO
Q1 26
Q4 25
0.60×
0.41×
Q3 25
0.69×
Q2 25
0.61×
Q1 25
0.56×
Q4 24
0.60×
0.60×
Q3 24
0.69×
Q2 24
0.59×

Cash Flow & Capital Efficiency

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

Metric
EPRT
EPRT
NEO
NEO
Operating Cash FlowLast quarter
$-8.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPRT
EPRT
NEO
NEO
Q1 26
$-8.1M
Q4 25
$381.1M
$1.3M
Q3 25
$99.0M
$8.9M
Q2 25
$99.8M
$20.3M
Q1 25
$77.2M
$-25.3M
Q4 24
$308.5M
$9.8M
Q3 24
$73.5M
$9.2M
Q2 24
$81.1M
$13.9M
Free Cash Flow
EPRT
EPRT
NEO
NEO
Q1 26
Q4 25
$-6.5M
Q3 25
$570.0K
Q2 25
$14.0M
Q1 25
$-29.8M
Q4 24
$-1.8M
Q3 24
$-1.6M
Q2 24
$814.0K
FCF Margin
EPRT
EPRT
NEO
NEO
Q1 26
Q4 25
-3.4%
Q3 25
0.3%
Q2 25
7.7%
Q1 25
-17.8%
Q4 24
-1.0%
Q3 24
-0.9%
Q2 24
0.5%
Capex Intensity
EPRT
EPRT
NEO
NEO
Q1 26
Q4 25
4.1%
Q3 25
4.4%
Q2 25
3.5%
Q1 25
2.7%
Q4 24
6.7%
Q3 24
6.4%
Q2 24
8.0%
Cash Conversion
EPRT
EPRT
NEO
NEO
Q1 26
Q4 25
5.60×
Q3 25
1.51×
Q2 25
1.58×
Q1 25
1.38×
Q4 24
5.57×
Q3 24
1.50×
Q2 24
1.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPRT
EPRT

Rental revenue 1,2$149.4M94%
Other$8.6M5%
Other revenue$779.0K0%

NEO
NEO

Segment breakdown not available.

Related Comparisons