Growth Metrics

Neogen (NEOG) Cost of Revenue (2016 - 2026)

Neogen has reported Cost of Revenue over the past 17 years, most recently at $38.2 million for Q1 2026.

  • For Q1 2026, Cost of Revenue fell 65.49% year-over-year to $38.2 million; the TTM value through Feb 2026 reached $531.1 million, up 361.24%, while the annual FY2025 figure was $473.3 million, 158.81% up from the prior year.
  • Cost of Revenue for Q1 2026 was $38.2 million at Neogen, down from $42.3 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $336.4 million in Q2 2025 and troughed at -$154.1 million in Q2 2024.
  • A 5-year average of $73.3 million and a median of $47.9 million in 2024 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: skyrocketed 454.75% in 2023 and later tumbled 229.93% in 2024.
  • Year by year, Cost of Revenue stood at $117.5 million in 2022, then tumbled by 61.84% to $44.8 million in 2023, then grew by 3.82% to $46.5 million in 2024, then fell by 9.14% to $42.3 million in 2025, then decreased by 9.67% to $38.2 million in 2026.
  • Business Quant data shows Cost of Revenue for NEOG at $38.2 million in Q1 2026, $42.3 million in Q4 2025, and $114.2 million in Q3 2025.