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Side-by-side financial comparison of NEOGENOMICS INC (NEO) and USA Compression Partners, LP (USAC). Click either name above to swap in a different company.

USA Compression Partners, LP is the larger business by last-quarter revenue ($252.5M vs $186.7M, roughly 1.4× NEOGENOMICS INC). USA Compression Partners, LP runs the higher net margin — 11.0% vs -57.9%, a 68.9% gap on every dollar of revenue. On growth, NEOGENOMICS INC posted the faster year-over-year revenue change (11.1% vs 2.7%). Over the past eight quarters, NEOGENOMICS INC's revenue compounded faster (6.5% CAGR vs 4.9%).

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.

USA Compression Partners, LP is a US-based provider of natural gas compression services and related infrastructure solutions. It serves clients across the upstream, midstream, and downstream segments of the oil and gas industry, offering custom compression systems, maintenance, and operational support to facilitate efficient natural gas production, processing, and transportation.

NEO vs USAC — Head-to-Head

Bigger by revenue
USAC
USAC
1.4× larger
USAC
$252.5M
$186.7M
NEO
Growing faster (revenue YoY)
NEO
NEO
+8.4% gap
NEO
11.1%
2.7%
USAC
Higher net margin
USAC
USAC
68.9% more per $
USAC
11.0%
-57.9%
NEO
Faster 2-yr revenue CAGR
NEO
NEO
Annualised
NEO
6.5%
4.9%
USAC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NEO
NEO
USAC
USAC
Revenue
$186.7M
$252.5M
Net Profit
$-108.0M
$27.8M
Gross Margin
43.3%
Operating Margin
30.3%
Net Margin
-57.9%
11.0%
Revenue YoY
11.1%
2.7%
Net Profit YoY
42.0%
9.1%
EPS (diluted)
$-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
NEO
NEO
USAC
USAC
Q1 26
$186.7M
Q4 25
$190.2M
$252.5M
Q3 25
$187.8M
$250.3M
Q2 25
$181.3M
$250.1M
Q1 25
$168.0M
$245.2M
Q4 24
$172.0M
$245.9M
Q3 24
$167.8M
$240.0M
Q2 24
$164.5M
$235.3M
Net Profit
NEO
NEO
USAC
USAC
Q1 26
$-108.0M
Q4 25
$27.8M
Q3 25
$-27.1M
$34.5M
Q2 25
$-45.1M
$28.6M
Q1 25
$-25.9M
$20.5M
Q4 24
$25.4M
Q3 24
$-17.7M
$19.3M
Q2 24
$-18.6M
$31.2M
Gross Margin
NEO
NEO
USAC
USAC
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
NEO
NEO
USAC
USAC
Q1 26
Q4 25
-7.1%
30.3%
Q3 25
-14.4%
33.5%
Q2 25
-26.3%
30.6%
Q1 25
-16.6%
28.3%
Q4 24
-10.7%
30.3%
Q3 24
-12.6%
31.5%
Q2 24
-13.3%
32.9%
Net Margin
NEO
NEO
USAC
USAC
Q1 26
-57.9%
Q4 25
11.0%
Q3 25
-14.4%
13.8%
Q2 25
-24.9%
11.4%
Q1 25
-15.4%
8.4%
Q4 24
10.3%
Q3 24
-10.5%
8.1%
Q2 24
-11.3%
13.3%
EPS (diluted)
NEO
NEO
USAC
USAC
Q1 26
$-0.13
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Balance Sheet & Financial Strength

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

Metric
NEO
NEO
USAC
USAC
Cash + ST InvestmentsLiquidity on hand
$146.1M
$8.6M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$828.8M
Total Assets
$1.3B
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NEO
NEO
USAC
USAC
Q1 26
$146.1M
Q4 25
$159.6M
$8.6M
Q3 25
$164.1M
Q2 25
$154.7M
$2.0K
Q1 25
$346.2M
$2.0K
Q4 24
$367.0M
$14.0K
Q3 24
$362.0M
$79.0K
Q2 24
$355.1M
$9.0K
Total Debt
NEO
NEO
USAC
USAC
Q1 26
Q4 25
$341.9M
$2.5B
Q3 25
$2.5B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$541.1M
$2.5B
Q3 24
$2.5B
Q2 24
$2.5B
Stockholders' Equity
NEO
NEO
USAC
USAC
Q1 26
$828.8M
Q4 25
$836.6M
Q3 25
$838.3M
Q2 25
$854.0M
Q1 25
$888.3M
Q4 24
$902.3M
Q3 24
$908.2M
Q2 24
$915.9M
Total Assets
NEO
NEO
USAC
USAC
Q1 26
$1.3B
Q4 25
$1.4B
$2.6B
Q3 25
$1.4B
$2.7B
Q2 25
$1.4B
$2.7B
Q1 25
$1.6B
$2.7B
Q4 24
$1.6B
$2.7B
Q3 24
$1.6B
$2.8B
Q2 24
$1.6B
$2.8B
Debt / Equity
NEO
NEO
USAC
USAC
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
NEO
NEO
USAC
USAC
Operating Cash FlowLast quarter
$-8.1M
$139.5M
Free Cash FlowOCF − Capex
$87.7M
FCF MarginFCF / Revenue
34.8%
Capex IntensityCapex / Revenue
20.5%
Cash ConversionOCF / Net Profit
5.02×
TTM Free Cash FlowTrailing 4 quarters
$277.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NEO
NEO
USAC
USAC
Q1 26
$-8.1M
Q4 25
$1.3M
$139.5M
Q3 25
$8.9M
$75.9M
Q2 25
$20.3M
$124.2M
Q1 25
$-25.3M
$54.7M
Q4 24
$9.8M
$130.2M
Q3 24
$9.2M
$48.5M
Q2 24
$13.9M
$96.7M
Free Cash Flow
NEO
NEO
USAC
USAC
Q1 26
Q4 25
$-6.5M
$87.7M
Q3 25
$570.0K
$51.9M
Q2 25
$14.0M
$101.1M
Q1 25
$-29.8M
$36.3M
Q4 24
$-1.8M
$101.2M
Q3 24
$-1.6M
$19.8M
Q2 24
$814.0K
$48.2M
FCF Margin
NEO
NEO
USAC
USAC
Q1 26
Q4 25
-3.4%
34.8%
Q3 25
0.3%
20.7%
Q2 25
7.7%
40.4%
Q1 25
-17.8%
14.8%
Q4 24
-1.0%
41.1%
Q3 24
-0.9%
8.2%
Q2 24
0.5%
20.5%
Capex Intensity
NEO
NEO
USAC
USAC
Q1 26
Q4 25
4.1%
20.5%
Q3 25
4.4%
9.6%
Q2 25
3.5%
9.3%
Q1 25
2.7%
7.5%
Q4 24
6.7%
11.8%
Q3 24
6.4%
12.0%
Q2 24
8.0%
20.6%
Cash Conversion
NEO
NEO
USAC
USAC
Q1 26
Q4 25
5.02×
Q3 25
2.20×
Q2 25
4.35×
Q1 25
2.66×
Q4 24
5.12×
Q3 24
2.51×
Q2 24
3.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NEO
NEO

Segment breakdown not available.

USAC
USAC

Revenue From Contract Operations Excluding Revenue From Related Party$231.7M92%
Entities Affiliated With Energy Transfer LP$16.6M7%
Transferred At Point In Time$5.4M2%

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