Neogen (NEOG) Cost of Revenue (2009 - 2026)
Neogen (NEOG) recorded Cost of Revenue of $117.3 million in fiscal Q1 2027 (quarter ended Aug 31, 2026), up 2.7% from $114.2 million a year earlier but down 0.2% from the prior quarter.
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Analysis
Neogen (NEOG) Cost of Revenue (2009 - 2026) Analysis & Trends
On a TTM basis, Neogen's Cost of Revenue came in at $465.01 million as of Aug 31, 2026, down 2.2% year-over-year; for FY2026 (ended May 31, 2026), it was $461.9 million, down 2.4% from FY2025.
- Annual Cost of Revenue has a five-year compound annual growth rate of 12.8% (FY2021 to FY2026).
- Across earlier fiscal years, Cost of Revenue came in at $473.3 million in FY2025 (+2.8%), $460.3 million in FY2024 (+10.5%), $416.49 million in FY2023 (+46.6%) and $284.15 million in FY2022 (+12.1%).
- Quarterly Cost of Revenue has ranged from $69.92 million in fiscal Q2 2022 to $132.6 million in fiscal Q4 2025 over the past five years.
- On a year-over-year basis, Cost of Revenue rose in six of the last eight quarters, with growth averaging 0.7%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 68.0% in fiscal Q2 2023, against a decline of 11.4% in fiscal Q4 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $117.5 million (Q4 2026), $112.2 million (Q3 2026) and $118.01 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 7.01 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 5.63 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 2.72 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 964.40 Mn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 2.27 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 1.71 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 369.20 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 5.93 Bn |
| 10 | Neogen | 2.55 Bn | 1.88 Bn | 105.50 Mn | 117.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 117.30 Mn |
| May 31, 2026 | 117.50 Mn |
| Feb 28, 2026 | 112.20 Mn |
| Nov 30, 2025 | 118.01 Mn |
| Aug 31, 2025 | 114.20 Mn |
| May 31, 2025 | 132.60 Mn |
| Feb 28, 2025 | 110.70 Mn |
| Nov 30, 2024 | 117.93 Mn |
| Aug 31, 2024 | 112.04 Mn |
| May 31, 2024 | 123.29 Mn |
| Feb 29, 2024 | 111.93 Mn |
| Nov 30, 2023 | 112.86 Mn |
| Aug 31, 2023 | 112.23 Mn |
| May 31, 2023 | 118.63 Mn |
| Feb 28, 2023 | 110.29 Mn |
| Nov 30, 2022 | 117.49 Mn |
| Aug 31, 2022 | 70.08 Mn |
| May 31, 2022 | 75.09 Mn |
| Feb 28, 2022 | 70.83 Mn |
| Nov 30, 2021 | 69.92 Mn |
API Access
Neogen Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NEOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NEOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NEOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();