Neogen (NEOG) Gross Margin (2010 - 2026)
Neogen (NEOG) posted quarterly Gross Margin of 47.85% for Q2 2026, up 665.0% year-over-year from 6.25% in Q2 2025, and up 2.07% quarter-over-quarter from 46.88% in Q1 2026.
Neogen (NEOG) Gross Margin (2010 - 2026) Analysis & Trends
Neogen's Gross Margin history runs 17 years deep, the most recent figure standing at 47.85% for Q2 2026.
- In Q2 2026, Gross Margin rose 665.0% year-over-year to 47.85%; the TTM figure through May 2026 stood at 46.93% (down 18.0% YoY), while the FY2026 annual figure was 46.93%, down 17.0% from the prior year.
- Gross Margin for Q2 2026 stood at 47.85%, up from 46.88% in the prior quarter.
- The five-year high for Gross Margin was 51.08% in Q1 2024, with the low at 41.2% in Q2 2025.
- The 5-year median for Gross Margin is 48.14% (2024), against an average of 48.03%.
- The sharpest annual moves came in 2025 and 2026: Gross Margin slumped 673 bps in 2025, then surged 665 bps in 2026.
- Neogen's Gross Margin stood at 48.92% in 2022, then grew by 4 bps to 50.85% in 2023, then slipped by 4 bps to 49.01% in 2024, then declined by 3 bps to 47.48% in 2025, then advanced by 1 bps to 47.85% in 2026.
- Business Quant data shows NEOG's Gross Margin at 47.85% in Q2 2026, 46.88% in Q1 2026, and 47.48% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 45.84% |
| 10 | Neogen | 2.56 Bn | 2.37 Bn | 107.80 Mn | 47.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 47.85% |
| Feb 28, 2026 | 46.88% |
| Nov 30, 2025 | 47.48% |
| Aug 31, 2025 | 45.40% |
| May 31, 2025 | 41.19% |
| Feb 28, 2025 | 49.91% |
| Nov 30, 2024 | 49.01% |
| Aug 31, 2024 | 48.36% |
| May 31, 2024 | 47.92% |
| Feb 29, 2024 | 51.08% |
| Nov 30, 2023 | 50.85% |
| Aug 31, 2023 | 50.99% |
| May 31, 2023 | 50.94% |
| Feb 28, 2023 | 49.47% |
| Nov 30, 2022 | 48.92% |
| Aug 31, 2022 | 47.05% |
| May 31, 2022 | 46.40% |
| Feb 28, 2022 | 44.77% |
| Nov 30, 2021 | 46.43% |
| Aug 31, 2021 | 46.77% |