Neogen (NEOG) Cost of Revenue (2010 - 2026)
Neogen (NEOG) posted Cost of Revenue of $117.5 million for Q2 2026, up 4.72% on a QoQ basis from $112.2 million in Q1 2026, and down 11.39% year-over-year from $132.6 million in Q2 2025.
Analysis
Neogen (NEOG) Cost of Revenue (2010 - 2026) Analysis & Trends
Neogen has reported Cost of Revenue for 17 years, with the latest figure at $117.5 million in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 11.39% year-over-year to $117.5 million in Q2 2026; TTM through May 2026 was $461.9 million, a 2.4% decrease from a year earlier, with the FY2026 full-year figure at $461.9 million, down 2.41% from the prior year.
- Cost of Revenue was $117.5 million for Q2 2026 at Neogen, up from $112.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $132.6 million in Q2 2025, with the low at $70.1 million in Q3 2022.
- Average Cost of Revenue over 5 years is $108.8 million, with a median of $112.5 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Cost of Revenue surged 68.03% in 2022, then declined 11.39% in 2026.
- Over 5 years, Cost of Revenue stood at $117.5 million in 2022, then slipped by 3.95% to $112.9 million in 2023, then climbed by 4.5% to $117.9 million in 2024, then rose by 0.07% to $118.0 million in 2025, then slipped by 0.43% to $117.5 million in 2026.
- The last three Cost of Revenue figures came in at $117.5 million (Q2 2026), $112.2 million (Q1 2026), and $118.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.78 Bn | 27.67 Bn | 2.18 Bn | 2.25 Bn |
| 2 | Lantheus Holdings | 6.58 Bn | 5.99 Bn | 241.86 Mn | 146.33 Mn |
| 3 | Heartflow | 4.11 Bn | 3.74 Bn | 53.19 Mn | 10.89 Mn |
| 4 | Neogen | 2.60 Bn | 2.41 Bn | 107.80 Mn | 117.50 Mn |
| 5 | Butterfly Network | 1.99 Bn | 1.86 Bn | 23.29 Mn | 9.32 Mn |
| 6 | Ceribell | 921.90 Mn | 792.63 Mn | 25.94 Mn | 2.16 Mn |
| 7 | QuidelOrtho | 886.88 Mn | 763.48 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 133.80 Mn |
| 9 | Prenetics Global | 338.37 Mn | 279.32 Mn | 30.20 Mn | 16.29 Mn |
| 10 | CapsoVision | 319.60 Mn | 310.52 Mn | 1.87 Mn | 1.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 117.50 Mn |
| Feb 28, 2026 | 112.20 Mn |
| Nov 30, 2025 | 118.01 Mn |
| Aug 31, 2025 | 114.22 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 |
| Aug 31, 2021 | 68.30 Mn |