NeoGenomics, Inc. (NEO) Balance Sheet
NEO balance sheet, 2025
December 31, 2025 · U.S. dollars$1.36B assets = $523.3M liabilities + $836.6M equity
Both columns are drawn to the same scale: what NEO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NEO financial health
Descriptive bands, not a rating. Fiscal 2025.
NEO balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $337.1M2016 | $1.36B2025 | +16.8%/yr | |
| Total liabilities | $150.5M2016 | $523.3M2025 | +14.8%/yr | |
| Shareholders’ equity | $186.6M2016 | $836.6M2025 | +18.1%/yr | |
| Cash & short-term investments | $12.5M2016 | $159.6M2025 | +32.7%/yr | |
| Total debt | $127.9M2016 | $472.3M2025 | +15.6%/yr | |
| Net cash (debt) | −$115.3M2016 | −$312.7M2025 | −$197.3M | |
| Working capital | $18.9M2016 | $288.0M2025 | +$269.1M | |
| Current ratio | 1.322016 | 4.262025 | +2.95 | |
| Debt / equity | 0.692016 | 0.562025 | −0.12 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NEO assets
NEO liabilities and equity
NEO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NEO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $159.6M | $386.8M | $415.2M | $438.0M | $515.4M | $296.3M | $173.0M | $9.8M | $12.8M | $12.5M |
| Cash & equivalents | $159.6M | $367.0M | $342.5M | $263.2M | $316.8M | $228.7M | $173.0M | $9.8M | $12.8M | $12.5M |
| Short-term investments | $0 | $19.8M | $72.7M | $174.8M | $198.6M | $67.5M | — | — | $0 | $0 |
| Receivables | $159.2M | $150.5M | $131.3M | $119.7M | $112.1M | $106.8M | $95.2M | $76.9M | $60.4M | $55.5M |
| Inventory | $28.6M | $26.7M | $24.2M | $24.3M | $23.4M | $29.5M | $14.4M | $8.7M | $7.5M | $6.3M |
| Other current assets | $28.9M | $31.9M | $26.2M | $23.3M | $30.6M | $16.1M | $8.1M | $8.3M | $4.2M | $4.5M |
| Total current assets | $376.3M | $596.0M | $596.8M | $605.3M | $681.5M | $448.7M | $290.7M | $103.7M | $85.0M | $78.8M |
| Property, plant & equipment (net) | $163.3M | $173.7M | $183.8M | $198.6M | $211.7M | $151.9M | $90.7M | $60.9M | $36.5M | $34.0M |
| Goodwill & intangible assets | $810.9M | $862.4M | $895.9M | $931.0M | $969.4M | $331.7M | $325.2M | $337.9M | $221.2M | $224.1M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $29.6M | $0 | $500,000 | $400,000 | $0 |
| Other non-current assets | $9.4M | $5.9M | $4.7M | $5.1M | $7.2M | $26.4M | $2.8M | $2.0M | $289,000 | $174,000 |
| Total assets | $1.36B | $1.64B | $1.68B | $1.74B | $1.87B | $988.3M | $709.5M | $505.0M | $343.3M | $337.1M |
| Liabilities | ||||||||||
| Accounts payable | $23.1M | $21.6M | $20.3M | $20.5M | $17.9M | $25.0M | $19.6M | $17.8M | $10.4M | $29.4M |
| Short-term debt | $4.8M | $204.2M | $5.6M | $6.7M | $9.2M | $7.8M | $13.8M | $20.5M | $9.0M | $30.5M |
| Deferred revenue | — | $409,000 | $2.1M | $7.6M | $5.2M | $4.0M | $1.6M | $927,000 | −$15.6M | −$12.6M |
| Total current liabilities | $88.3M | $301.2M | $96.3M | $89.9M | $87.2M | $73.2M | $63.9M | $60.9M | $35.1M | $59.9M |
| Long-term debt | $341.9M | $340.3M | $538.2M | $535.3M | $532.5M | $168.1M | $115.9M | $98.1M | $96.4M | $97.3M |
| Lease obligations | $67.6M | $64.2M | $73.5M | $75.6M | $80.3M | $50.1M | $24.0M | $5.2M | $5.3M | $5.4M |
| Other long-term liabilities | $93.1M | $94.1M | $105.2M | $116.8M | $141.8M | $52.7M | $22.3M | $25.5M | $6.3M | $0 |
| Total liabilities | $523.3M | $735.7M | $739.7M | $742.0M | $761.5M | $294.0M | $202.1M | $184.6M | $137.8M | $150.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $129,000 | $128,000 | $127,000 | $127,000 | $124,000 | $112,000 | $105,000 | $94,000 | $80,000 | $79,000 |
| Retained earnings (deficit) | −$433.8M | −$325.8M | −$247.1M | −$159.1M | −$14.8M | −$7.2M | −$11.4M | −$51.3M | −$57.5M | −$52.5M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | $4,000 | −$206,000 | −$1.7M | −$3.9M | −$638,000 | $10,000 | −$1.6M | −$579,000 | $274,000 | −$27.1M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $836.6M | $902.3M | $941.5M | $998.0M | $1.11B | $694.3M | $507.4M | $320.4M | $205.5M | $186.6M |
| Key figures | ||||||||||
| Total debt | $472.3M | $605.3M | $611.7M | $610.9M | $612.8M | $218.2M | $132.9M | $112.3M | $105.4M | $127.9M |
| Net cash (debt) | −$312.7M | −$218.5M | −$196.5M | −$172.9M | −$97.4M | $78.0M | $40.1M | −$102.5M | −$92.6M | −$115.3M |
| Working capital | $288.0M | $294.8M | $500.5M | $515.4M | $594.3M | $375.5M | $226.8M | $42.7M | $49.9M | $18.9M |
| Tangible book value | $25.7M | $39.9M | $45.6M | $67.0M | $138.8M | $362.6M | $182.2M | −$17.5M | −$15.7M | −$37.5M |
| Book value per share | — | — | — | — | — | — | — | — | — | $2.41 |
| Shares outstanding | — | — | — | — | — | — | — | — | — | 77.5M |
| Current ratio | 4.26 | 1.98 | 6.20 | 6.73 | 7.81 | 6.13 | 4.55 | 1.70 | 2.42 | 1.32 |
| Quick ratio | 3.61 | 1.78 | 5.67 | 6.20 | 7.19 | 5.51 | 4.20 | 1.42 | 2.09 | 1.14 |
| Debt / equity | 0.56 | 0.67 | 0.65 | 0.61 | 0.55 | 0.31 | 0.26 | 0.35 | 0.51 | 0.69 |
| Equity / assets | 61.5% | 55.1% | 56.0% | 57.4% | 59.3% | 70.2% | 71.5% | 63.5% | 59.9% | 55.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $145.5M | $146.1M | $159.6M | $164.1M | $163.7M | $358.1M | $386.8M | $387.8M | $387.9M | $384.8M | $415.2M | $402.3M |
| Cash & equivalents | $145.5M | $146.1M | $159.6M | $164.1M | $154.7M | $346.2M | $367.0M | $362.0M | $355.1M | $331.9M | $342.5M | $306.2M |
| Short-term investments | — | — | $0 | $0 | $9.0M | $11.9M | $19.8M | $25.8M | $32.8M | $52.9M | $72.7M | $96.0M |
| Receivables | $175.4M | $167.4M | $159.2M | $155.8M | $153.6M | $151.2M | $150.5M | $151.4M | $146.6M | $142.1M | $131.3M | $132.6M |
| Inventory | $27.1M | $29.8M | $28.6M | $28.5M | $34.2M | $29.8M | $26.7M | $24.5M | $23.2M | $20.3M | $24.2M | $24.1M |
| Other current assets | $33.4M | $30.3M | $28.9M | $33.9M | $40.9M | $34.9M | $31.9M | $26.5M | $26.6M | $26.6M | $26.2M | $28.0M |
| Total current assets | $381.5M | $373.7M | $376.3M | $382.3M | $392.4M | $573.9M | $596.0M | $590.2M | $584.2M | $573.9M | $596.8M | $587.0M |
| Property, plant & equipment (net) | $166.2M | $160.4M | $163.3M | $165.6M | $168.3M | $167.4M | $173.7M | $174.5M | $175.8M | $174.4M | $183.8M | $181.6M |
| Goodwill & intangible assets | $795.3M | $802.9M | $810.9M | $818.5M | $825.9M | $854.1M | $862.4M | $870.8M | $879.2M | $887.5M | $895.9M | $904.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $9.3M | $9.6M | $9.4M | $8.4M | $7.3M | $6.0M | $5.9M | $5.6M | $4.1M | $4.5M | $4.7M | $5.0M |
| Total assets | $1.35B | $1.35B | $1.36B | $1.37B | $1.39B | $1.60B | $1.64B | $1.64B | $1.64B | $1.64B | $1.68B | $1.68B |
| Liabilities | ||||||||||||
| Accounts payable | $100.5M | $25.9M | $23.1M | $22.6M | $27.5M | $16.2M | $21.6M | $16.5M | $17.2M | $18.3M | $20.3M | $16.8M |
| Short-term debt | $5.4M | $4.8M | $4.8M | $4.5M | $4.1M | $204.2M | $204.2M | $204.1M | $203.6M | $4.5M | $5.6M | $6.2M |
| Deferred revenue | — | $561,000 | — | $1.6M | $1.1M | $1.2M | $409,000 | $589,000 | $972,000 | $1.1M | $2.1M | $3.6M |
| Total current liabilities | $105.9M | $84.6M | $88.3M | $97.9M | $100.1M | $279.7M | $301.2M | $296.4M | $290.0M | $76.7M | $96.3M | $92.9M |
| Long-term debt | $374.2M | $342.2M | $341.9M | $341.5M | $341.1M | $340.7M | $340.3M | $340.0M | $339.6M | $538.9M | $538.2M | $537.5M |
| Lease obligations | $74.1M | $66.3M | $67.6M | $68.8M | $70.7M | $62.9M | $64.2M | $65.9M | $66.9M | $69.3M | $73.5M | $68.2M |
| Other long-term liabilities | $85.5M | $90.9M | $93.1M | $97.1M | $98.7M | $92.8M | $94.1M | $96.5M | $97.9M | $101.3M | $105.2M | $100.4M |
| Total liabilities | $565.6M | $517.8M | $523.3M | $536.5M | $539.9M | $713.2M | $735.7M | $732.9M | $727.4M | $716.9M | $739.7M | $730.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $130,000 | $129,000 | $129,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $127,000 | $127,000 | $127,000 |
| Retained earnings (deficit) | −$448.7M | −$450.9M | −$433.8M | −$423.9M | −$396.8M | −$351.7M | −$325.8M | −$310.5M | −$292.8M | −$274.1M | −$247.1M | −$232.7M |
| Accumulated other comprehensive income | $4,000 | $4,000 | $4,000 | $71,000 | $29,000 | −$56,000 | −$206,000 | −$643,000 | −$1.0M | −$1.3M | −$1.7M | −$1.8M |
| Total shareholders' equity | $785.7M | $828.8M | $836.6M | $838.3M | $854.0M | $888.3M | $902.3M | $908.2M | $915.9M | $923.4M | $941.5M | $947.4M |
| Key figures | ||||||||||||
| Total debt | $448.4M | $408.5M | $472.3M | $410.3M | $411.8M | $604.8M | $605.3M | $606.3M | $606.5M | $608.2M | $611.7M | $605.7M |
| Net cash (debt) | −$302.8M | −$262.4M | −$312.7M | −$246.2M | −$248.1M | −$246.7M | −$218.5M | −$218.5M | −$218.7M | −$223.4M | −$196.5M | −$203.4M |
| Working capital | $275.6M | $289.1M | $288.0M | $284.4M | $292.2M | $294.2M | $294.8M | $293.8M | $294.2M | $497.2M | $500.5M | $494.0M |
| Tangible book value | −$9.5M | $25.9M | $25.7M | $19.8M | $28.1M | $34.2M | $39.9M | $37.4M | $36.7M | $35.9M | $45.6M | $42.8M |
| Book value per share | $30.03 | $32.08 | $32.51 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 26.2M | 25.8M | 25.7M | — | — | — | — | — | — | — | — | — |
| Current ratio | 3.60 | 4.42 | 4.26 | 3.91 | 3.92 | 2.05 | 1.98 | 1.99 | 2.01 | 7.48 | 6.20 | 6.32 |
| Quick ratio | 3.03 | 3.71 | 3.61 | 3.27 | 3.17 | 1.82 | 1.78 | 1.82 | 1.84 | 6.87 | 5.67 | 5.76 |
| Debt / equity | 0.57 | 0.49 | 0.56 | 0.49 | 0.48 | 0.68 | 0.67 | 0.67 | 0.66 | 0.66 | 0.65 | 0.64 |
| Equity / assets | 58.1% | 61.5% | 61.5% | 61.0% | 61.3% | 55.5% | 55.1% | 55.3% | 55.7% | 56.3% | 56.0% | 56.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 17, 2026); data from EODHD.
NEO financial position
At the end of fiscal 2025 (December 31, 2025), NeoGenomics had total assets of $1.4 billion (down 17.0% from a year earlier), total liabilities of $523.3 million and shareholders' equity of $836.6 million. It held $159.6 million in cash and short-term investments against $472.3 million of debt, net debt of $312.7 million. Its current ratio was 4.26. In the latest quarter (ended June 30, 2026) total assets were $1.4 billion and equity $785.7 million.
Related: NEO income statement, NEO cash flow statement, NEO key metrics. See the NEO stock overview for the latest quote and news.
NEO balance sheet FAQ
What are NeoGenomics's total assets?
NeoGenomics reported total assets of $1.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.6 billion a year earlier.
How much debt does NeoGenomics have?
NeoGenomics had $472.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.56.
How much cash does NeoGenomics have?
NeoGenomics held $159.6 million in cash and short-term investments at the end of fiscal 2025; with $472.3 million of debt that is net debt of $312.7 million.
What is NeoGenomics's book value?
NeoGenomics's shareholders' equity (book value) was $836.6 million at the end of fiscal 2025.
What is NeoGenomics's current ratio?
NeoGenomics had current assets of $376.3 million and current liabilities of $88.3 million, a current ratio of 4.26 (it can cover its short-term obligations).
How much goodwill does NeoGenomics have?
NeoGenomics carried $810.9 million of goodwill and intangible assets, 59.6% of total assets, at the end of fiscal 2025.