Growth Metrics

Neogen (NEOG) Cost of Revenue (2010 - 2026)

Neogen's quarterly Cost of Revenue came in at $38.2 million in Q1 2026, down 65.49% year-on-year from $110.7 million in Q1 2025, and down 9.67% quarter-over-quarter from $42.3 million in Q4 2025.

Neogen has reported Cost of Revenue for 17 years, with the latest figure at $38.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue fell 65.49% year-over-year to $38.2 million; the trailing twelve-month figure through Feb 2026 stood at $531.1 million (up 361.24% YoY), and the FY2025 full-year result was $473.3 million, up 158.81% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $38.2 million, down from $42.3 million in the prior quarter.
  • The five-year high for Cost of Revenue was $336.4 million in Q2 2025, with the low at -$154.1 million in Q2 2024.
  • Average Cost of Revenue over 5 years is $73.3 million, with a median of $47.9 million recorded in 2024.
  • Year-over-year, Cost of Revenue soared 454.75% in 2023 and plunged 229.93% in 2024.
  • Tracing NEOG's Cost of Revenue over 5 years: stood at $117.5 million in 2022, then tumbled by 61.84% to $44.8 million in 2023, then rose by 3.82% to $46.5 million in 2024, then declined by 9.14% to $42.3 million in 2025, then retreated by 9.67% to $38.2 million in 2026.
  • The last three Cost of Revenue figures came in at $38.2 million (Q1 2026), $42.3 million (Q4 2025), and $114.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 4.89 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 2.21 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 3.26 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 1.59 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 362.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 2.51 Bn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 441.60 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 481.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 891.20 Mn
10 Neogen 1.94 Bn 1.78 Bn 99.00 Mn 38.20 Mn

Historic Data

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DateValue
Feb 28, 2026 38.20 Mn
Feb 28, 2026 38.20 Mn
Nov 30, 2025 42.29 Mn
Nov 30, 2025 42.29 Mn
Aug 31, 2025 114.22 Mn
Aug 31, 2025 114.22 Mn
May 31, 2025 336.39 Mn
May 31, 2025 336.39 Mn
Feb 28, 2025 110.70 Mn
Feb 28, 2025 110.70 Mn
Nov 30, 2024 46.55 Mn
Nov 30, 2024 46.55 Mn
Aug 31, 2024 112.04 Mn
Aug 31, 2024 112.04 Mn
May 31, 2024 -154.14 Mn
May 31, 2024 -154.14 Mn
Feb 29, 2024 47.92 Mn
Feb 29, 2024 47.92 Mn
Nov 30, 2023 44.83 Mn
Nov 30, 2023 44.83 Mn
Aug 31, 2023 45.78 Mn
Aug 31, 2023 45.78 Mn
May 31, 2023 118.63 Mn
May 31, 2023 118.63 Mn
Feb 28, 2023 110.29 Mn
Feb 28, 2023 110.29 Mn
Nov 30, 2022 117.49 Mn
Nov 30, 2022 117.49 Mn
Aug 31, 2022 23.38 Mn
Aug 31, 2022 23.38 Mn
May 31, 2022 21.38 Mn
May 31, 2022 21.38 Mn
Feb 28, 2022 70.83 Mn
Feb 28, 2022 70.83 Mn
Nov 30, 2021 69.92 Mn
Nov 30, 2021 69.92 Mn
Aug 31, 2021 68.30 Mn
Aug 31, 2021 68.30 Mn
May 31, 2021 69.73 Mn
May 31, 2021 69.73 Mn
Feb 28, 2021 18.69 Mn
Feb 28, 2021 18.69 Mn
Nov 30, 2020 17.73 Mn
Nov 30, 2020 17.73 Mn
Aug 31, 2020 16.52 Mn
Aug 31, 2020 16.52 Mn
May 31, 2020 57.35 Mn
May 31, 2020 57.35 Mn
Feb 29, 2020 54.54 Mn
Feb 29, 2020 54.54 Mn
Nov 30, 2019 17.99 Mn
Nov 30, 2019 17.99 Mn
Aug 31, 2019 53.23 Mn
Aug 31, 2019 53.23 Mn
May 31, 2019 59.23 Mn
May 31, 2019 59.23 Mn
Feb 28, 2019 53.07 Mn
Feb 28, 2019 53.07 Mn
Nov 30, 2018 18.50 Mn
Nov 30, 2018 18.50 Mn
Aug 31, 2018 52.90 Mn
Aug 31, 2018 52.90 Mn
May 31, 2018 -85.11 Mn
May 31, 2018 -85.11 Mn
Feb 28, 2018 16.57 Mn
Feb 28, 2018 16.57 Mn
Nov 30, 2017 52.45 Mn
Nov 30, 2017 52.45 Mn
Aug 31, 2017 49.29 Mn
Aug 31, 2017 49.29 Mn
May 31, 2017 143.53 Mn
May 31, 2017 143.53 Mn
Feb 28, 2017 15.34 Mn
Feb 28, 2017 15.34 Mn
Nov 30, 2016 8.24 Mn
Nov 30, 2016 8.24 Mn
Aug 31, 2016 7.63 Mn
Aug 31, 2016 7.63 Mn
May 31, 2016 -39.96 Mn
May 31, 2016 -39.96 Mn
Feb 29, 2016 8.61 Mn
Feb 29, 2016 8.61 Mn
Nov 30, 2015 41.39 Mn
Nov 30, 2015 41.39 Mn
Aug 31, 2015 37.07 Mn
Aug 31, 2015 37.07 Mn
May 31, 2015 -79.46 Mn
May 31, 2015 -79.46 Mn
Feb 28, 2015 34.71 Mn
Feb 28, 2015 34.71 Mn
Nov 30, 2014 4.99 Mn
Nov 30, 2014 4.99 Mn
Aug 31, 2014 5.55 Mn
Aug 31, 2014 5.55 Mn
May 31, 2014 -29.80 Mn
May 31, 2014 -29.80 Mn
Feb 28, 2014 26.93 Mn
Feb 28, 2014 26.93 Mn
Nov 30, 2013 11.22 Mn
Nov 30, 2013 11.22 Mn
Aug 31, 2013 10.32 Mn
Aug 31, 2013 10.32 Mn
May 31, 2013 4.64 Mn
May 31, 2013 4.64 Mn
Feb 28, 2013 10.53 Mn
Feb 28, 2013 10.53 Mn
Nov 30, 2012 2.74 Mn
Nov 30, 2012 2.74 Mn
Aug 31, 2012 23.24 Mn
Aug 31, 2012 23.24 Mn
May 31, 2012 -54.18 Mn
May 31, 2012 -54.18 Mn
Feb 29, 2012 22.02 Mn
Feb 29, 2012 22.02 Mn
Nov 30, 2011 22.23 Mn
Nov 30, 2011 22.23 Mn
Aug 31, 2011 22.72 Mn
Aug 31, 2011 22.72 Mn
May 31, 2011 -33.23 Mn
May 31, 2011 -33.23 Mn
Feb 28, 2011 21.65 Mn
Feb 28, 2011 21.65 Mn
Nov 30, 2010 21.44 Mn
Nov 30, 2010 21.44 Mn
Aug 31, 2010 20.16 Mn
Aug 31, 2010 20.16 Mn