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

NEOGENOMICS INC is the larger business by last-quarter revenue ($186.7M vs $185.4M, roughly 1.0× Ingevity Corp). Ingevity Corp runs the higher net margin — -45.6% vs -57.9%, a 12.2% gap on every dollar of revenue. On growth, Ingevity Corp posted the faster year-over-year revenue change (36.7% vs 11.1%). Over the past eight quarters, NEOGENOMICS INC's revenue compounded faster (6.5% CAGR vs -26.2%).

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.

Ingevity Corp is a global specialty chemicals and advanced materials manufacturer. It produces high-performance carbon materials, pavement preservation solutions, and specialty chemicals, serving automotive emissions control, industrial purification, road infrastructure, and agricultural input markets across North America, Europe, and Asia Pacific.

NEO vs NGVT — Head-to-Head

Bigger by revenue
NEO
NEO
1.0× larger
NEO
$186.7M
$185.4M
NGVT
Growing faster (revenue YoY)
NGVT
NGVT
+25.6% gap
NGVT
36.7%
11.1%
NEO
Higher net margin
NGVT
NGVT
12.2% more per $
NGVT
-45.6%
-57.9%
NEO
Faster 2-yr revenue CAGR
NEO
NEO
Annualised
NEO
6.5%
-26.2%
NGVT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NEO
NEO
NGVT
NGVT
Revenue
$186.7M
$185.4M
Net Profit
$-108.0M
$-84.6M
Gross Margin
43.3%
41.2%
Operating Margin
46.9%
-47.7%
Net Margin
-57.9%
-45.6%
Revenue YoY
11.1%
36.7%
Net Profit YoY
42.0%
-609.6%
EPS (diluted)
$-0.13
$-2.33

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
NEO
NEO
NGVT
NGVT
Q1 26
$186.7M
Q4 25
$190.2M
$185.4M
Q3 25
$187.8M
$333.1M
Q2 25
$181.3M
$365.1M
Q1 25
$168.0M
$284.0M
Q4 24
$172.0M
$135.6M
Q3 24
$167.8M
$333.8M
Q2 24
$164.5M
$390.6M
Net Profit
NEO
NEO
NGVT
NGVT
Q1 26
$-108.0M
Q4 25
$-84.6M
Q3 25
$-27.1M
$43.5M
Q2 25
$-45.1M
$-146.5M
Q1 25
$-25.9M
$20.5M
Q4 24
$16.6M
Q3 24
$-17.7M
$-107.2M
Q2 24
$-18.6M
$-283.7M
Gross Margin
NEO
NEO
NGVT
NGVT
Q1 26
43.3%
Q4 25
43.8%
41.2%
Q3 25
42.8%
40.2%
Q2 25
42.6%
37.8%
Q1 25
43.6%
39.9%
Q4 24
44.9%
81.3%
Q3 24
44.6%
39.4%
Q2 24
44.1%
31.5%
Operating Margin
NEO
NEO
NGVT
NGVT
Q1 26
46.9%
Q4 25
-7.1%
-47.7%
Q3 25
-14.4%
18.7%
Q2 25
-26.3%
-39.1%
Q1 25
-16.6%
9.4%
Q4 24
-10.7%
Q3 24
-12.6%
33.0%
Q2 24
-13.3%
25.9%
Net Margin
NEO
NEO
NGVT
NGVT
Q1 26
-57.9%
Q4 25
-45.6%
Q3 25
-14.4%
13.1%
Q2 25
-24.9%
-40.1%
Q1 25
-15.4%
7.2%
Q4 24
12.2%
Q3 24
-10.5%
-32.1%
Q2 24
-11.3%
-72.6%
EPS (diluted)
NEO
NEO
NGVT
NGVT
Q1 26
$-0.13
Q4 25
$-2.33
Q3 25
$1.18
Q2 25
$-4.02
Q1 25
$0.56
Q4 24
$0.44
Q3 24
$-2.94
Q2 24
$-7.81

Balance Sheet & Financial Strength

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

Metric
NEO
NEO
NGVT
NGVT
Cash + ST InvestmentsLiquidity on hand
$146.1M
$78.1M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$828.8M
$29.7M
Total Assets
$1.3B
$1.7B
Debt / EquityLower = less leverage
39.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NEO
NEO
NGVT
NGVT
Q1 26
$146.1M
Q4 25
$159.6M
$78.1M
Q3 25
$164.1M
$83.4M
Q2 25
$154.7M
$76.9M
Q1 25
$346.2M
$71.5M
Q4 24
$367.0M
$68.0M
Q3 24
$362.0M
$135.5M
Q2 24
$355.1M
$107.4M
Total Debt
NEO
NEO
NGVT
NGVT
Q1 26
Q4 25
$341.9M
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$541.1M
$1.3B
Q3 24
$1.4B
Q2 24
$1.4B
Stockholders' Equity
NEO
NEO
NGVT
NGVT
Q1 26
$828.8M
Q4 25
$836.6M
$29.7M
Q3 25
$838.3M
$138.1M
Q2 25
$854.0M
$120.7M
Q1 25
$888.3M
$234.6M
Q4 24
$902.3M
$195.2M
Q3 24
$908.2M
$214.5M
Q2 24
$915.9M
$284.8M
Total Assets
NEO
NEO
NGVT
NGVT
Q1 26
$1.3B
Q4 25
$1.4B
$1.7B
Q3 25
$1.4B
$1.8B
Q2 25
$1.4B
$1.9B
Q1 25
$1.6B
$2.1B
Q4 24
$1.6B
$2.0B
Q3 24
$1.6B
$2.2B
Q2 24
$1.6B
$2.3B
Debt / Equity
NEO
NEO
NGVT
NGVT
Q1 26
Q4 25
0.41×
39.10×
Q3 25
8.39×
Q2 25
10.24×
Q1 25
5.68×
Q4 24
0.60×
6.86×
Q3 24
6.52×
Q2 24
4.92×

Cash Flow & Capital Efficiency

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

Metric
NEO
NEO
NGVT
NGVT
Operating Cash FlowLast quarter
$-8.1M
$97.1M
Free Cash FlowOCF − Capex
$73.5M
FCF MarginFCF / Revenue
39.6%
Capex IntensityCapex / Revenue
12.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$273.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NEO
NEO
NGVT
NGVT
Q1 26
$-8.1M
Q4 25
$1.3M
$97.1M
Q3 25
$8.9M
$129.7M
Q2 25
$20.3M
$79.0M
Q1 25
$-25.3M
$25.4M
Q4 24
$9.8M
$64.5M
Q3 24
$9.2M
$46.5M
Q2 24
$13.9M
$29.7M
Free Cash Flow
NEO
NEO
NGVT
NGVT
Q1 26
Q4 25
$-6.5M
$73.5M
Q3 25
$570.0K
$117.8M
Q2 25
$14.0M
$66.8M
Q1 25
$-29.8M
$15.4M
Q4 24
$-1.8M
$39.6M
Q3 24
$-1.6M
$28.5M
Q2 24
$814.0K
$11.6M
FCF Margin
NEO
NEO
NGVT
NGVT
Q1 26
Q4 25
-3.4%
39.6%
Q3 25
0.3%
35.4%
Q2 25
7.7%
18.3%
Q1 25
-17.8%
5.4%
Q4 24
-1.0%
29.2%
Q3 24
-0.9%
8.5%
Q2 24
0.5%
3.0%
Capex Intensity
NEO
NEO
NGVT
NGVT
Q1 26
Q4 25
4.1%
12.7%
Q3 25
4.4%
3.6%
Q2 25
3.5%
3.3%
Q1 25
2.7%
3.5%
Q4 24
6.7%
18.4%
Q3 24
6.4%
5.4%
Q2 24
8.0%
4.6%
Cash Conversion
NEO
NEO
NGVT
NGVT
Q1 26
Q4 25
Q3 25
2.98×
Q2 25
Q1 25
1.24×
Q4 24
3.89×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NEO
NEO

Segment breakdown not available.

NGVT
NGVT

Performance Materials$151.2M82%
Advanced Polymer Technologies Segment$36.5M20%

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