Neogen (NEOG) Change in Inventory (2010 - 2026)

Neogen's (NEOG) quarterly Change in Inventory came in at -$4.8 million in Q1 2026, down 162.26% year-on-year from $7.7 million in Q1 2025, and up 74.31% quarter-over-quarter from -$18.7 million in Q4 2025.

Neogen (NEOG) Change in Inventory (2010 - 2026) Analysis & Trends

Neogen's Change in Inventory history runs 17 years deep, the most recent figure standing at -$4.8 million for Q1 2026.

  • On a quarterly basis, Change in Inventory fell 162.26% year-over-year to -$4.8 million in Q1 2026; TTM through Feb 2026 was -$30.5 million, a 194.12% decrease from a year earlier, with the FY2025 full-year figure at $16.1 million, down 71.19% from the prior year.
  • Change in Inventory improved to -$4.8 million in Q1 2026 per NEOG's latest filing, from -$18.7 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $22.7 million in Q1 2024 and bottomed at -$18.7 million in Q4 2025.
  • The 5-year median for Change in Inventory is $7.1 million (2023), against an average of $3.2 million.
  • Biggest YoY gain for Change in Inventory was 938.27% in 2022; the steepest drop was 392.3% in 2022.
  • Year by year, Change in Inventory stood at -$14.8 million in 2022, then soared by 232.53% to $19.6 million in 2023, then tumbled by 61.99% to $7.5 million in 2024, then tumbled by 350.21% to -$18.7 million in 2025, then soared by 74.31% to -$4.8 million in 2026.
  • Per Business Quant, the three latest NEOG Change in Inventory figures stand at -$4.8 million (Q1 2026), -$18.7 million (Q4 2025), and $2.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Abbott Laboratories 183.95 Bn 176.66 Bn 6.27 Bn 420.00 Mn
2 Stryker 129.08 Bn 126.21 Bn 3.81 Bn 127.00 Mn
3 Medtronic 108.57 Bn 99.35 Bn 6.41 Bn -399.00 Mn
4 Boston Scientific 68.52 Bn 67.07 Bn 3.61 Bn 177.00 Mn
5 Edwards Lifesciences 48.35 Bn 44.68 Bn 1.29 Bn 1.60 Mn
6 Dexcom 28.35 Bn 27.24 Bn 750.30 Mn 65.20 Mn
7 GE HealthCare Technologies 28.17 Bn 25.88 Bn 1.98 Bn 171.00 Mn
8 Smith & Nephew 26.91 Bn 26.33 Bn - -
9 Koninklijke Philips 24.37 Bn 21.25 Bn 2.07 Bn -264.59 Mn
10 Neogen 2.06 Bn 1.90 Bn 99.00 Mn -4.80 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 -4.80 Mn
Feb 28, 2026 -4.80 Mn
Nov 30, 2025 -18.66 Mn
Nov 30, 2025 -18.66 Mn
Aug 31, 2025 1.96 Mn
Aug 31, 2025 1.96 Mn
May 31, 2025 -8.98 Mn
May 31, 2025 -8.98 Mn
Feb 28, 2025 7.70 Mn
Feb 28, 2025 7.70 Mn
Nov 30, 2024 7.46 Mn
Nov 30, 2024 7.46 Mn
Aug 31, 2024 9.94 Mn
Aug 31, 2024 9.94 Mn
May 31, 2024 7.29 Mn
May 31, 2024 7.29 Mn
Feb 29, 2024 22.73 Mn
Feb 29, 2024 22.73 Mn
Nov 30, 2023 19.63 Mn
Nov 30, 2023 19.63 Mn