undamentalytics Newsletter

Neogenomics vs 10x Genomics

Neogenomics and 10x Genomics are similar in size: $727m and $643m of revenue in their latest fiscal years. Neogenomics grew faster (10.1% against 5.2%). 10x Genomics kept more of each dollar of sales as profit: a net margin of -6.8% against -14.9%.

Latest fiscal yearNeogenomicsNEO, 202510x GenomicsTXG, 2025
Revenue $727m $643m
Revenue growth 10.1% 5.2%
Net income −$108m −$43.5m
Operating margin — -9.5%
Net margin -14.9% -6.8%
Return on equity -12.4% -5.8%
Free cash flow −$21.8m $130m
Cash $160m $474m
Total debt $345m $0
Debt to equity — 0.0%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 2,500 —
Market value $2.20bn $8.34bn
Price vs our value range — —
Moat score 34 (Weak) 33 (Weak)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 50 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.