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

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

• In Q1 2026, Change in Inventory fell 162.26% year-over-year to -$4.8 million; the TTM figure through Feb 2026 stood at -$30.5 million (down 194.12% YoY), while the FY2025 annual figure was $16.1 million, down 71.19% from the prior year.
• Change in Inventory was -$4.8 million for Q1 2026 at Neogen, up from -$18.7 million in the prior quarter.
• In the past five years, Change in Inventory ranged from a high of $22.7 million in Q1 2024 to a low of -$18.7 million in Q4 2025.
• Historically, Change in Inventory has averaged $3.2 million across 5 years, with a median of $7.1 million in 2023.
• Biggest YoY gain for Change in Inventory was 938.27% in 2022; the steepest drop was 392.3% in 2022.
• A 5-year view of Change in Inventory shows it stood at -$14.8 million in 2022, then soared by 232.53% to $19.6 million in 2023, then sank by 61.99% to $7.5 million in 2024, then sank by 350.21% to -$18.7 million in 2025, then soared by 74.31% to -$4.8 million in 2026.
• The last three Change in Inventory figures came in at -$4.8 million (Q1 2026), -$18.7 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.