Neogen (NEOG) Gross Margin (2010 - 2026)
Neogen's quarterly Gross Margin came in at 46.88% in Q1 2026, down 303.0% year-on-year from 23.09% in Q1 2025, and down 1.27% quarter-over-quarter from 47.48% in Q4 2025.
Neogen has reported Gross Margin for 17 years, with the latest figure at 46.88% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 303.0% year-over-year to 46.88%; the trailing twelve-month figure through Feb 2026 stood at 45.21% (down 358.0% YoY), and the FY2025 full-year result was 47.1%, down 309.0% from the prior year.
- Gross Margin for Q1 2026 stood at 46.88%, down from 47.48% in the prior quarter.
- The five-year high for Gross Margin was 51.08% in Q1 2024, with the low at 41.19% in Q2 2025.
- Average Gross Margin over 5 years is 48.04%, with a median of 48.36% recorded in 2024.
- Year-over-year, Gross Margin soared 470 bps in 2023 and tumbled 673 bps in 2025.
- Tracing NEOG's Gross Margin over 5 years: stood at 48.92% in 2022, then rose by 4 bps to 50.85% in 2023, then declined by 4 bps to 49.01% in 2024, then retreated by 3 bps to 47.48% in 2025, then fell by 1 bps to 46.88% in 2026.
- The last three Gross Margin figures came in at 46.88% (Q1 2026), 47.48% (Q4 2025), and 45.4% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | Neogen | 1.94 Bn | 1.78 Bn | 99.00 Mn | 46.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| May 31, 2021 | 45.27% |
| Feb 28, 2021 | 46.14% |
| Nov 30, 2020 | 46.27% |
| Aug 31, 2020 | 46.01% |
| May 31, 2020 | 47.43% |
| Feb 29, 2020 | 45.39% |
| Nov 30, 2019 | 47.33% |
| Aug 31, 2019 | 47.52% |
| May 31, 2019 | 46.04% |
| Feb 28, 2019 | 45.68% |
| Nov 30, 2018 | 46.72% |
| Aug 31, 2018 | 46.90% |
| May 31, 2018 | 44.86% |
| Feb 28, 2018 | 47.00% |
| Nov 30, 2017 | 47.91% |
| Aug 31, 2017 | 47.69% |
| May 31, 2017 | 47.57% |
| Feb 28, 2017 | 46.25% |
| Nov 30, 2016 | 56.64% |
| Aug 31, 2016 | 355.08% |
| May 31, 2016 | 46.46% |
| Feb 29, 2016 | 45.87% |
| Nov 30, 2015 | 48.01% |
| Aug 31, 2015 | 50.48% |
| May 31, 2015 | 47.96% |
| Feb 28, 2015 | 49.27% |
| Nov 30, 2014 | 49.97% |
| Aug 31, 2014 | 50.41% |
| May 31, 2014 | 47.63% |
| Feb 28, 2014 | 49.53% |
| Nov 30, 2013 | 49.48% |
| Aug 31, 2013 | 51.86% |
| May 31, 2013 | 50.67% |
| Feb 28, 2013 | 53.50% |
| Nov 30, 2012 | 53.82% |
| Aug 31, 2012 | 53.28% |
| May 31, 2012 | 49.23% |
| Feb 29, 2012 | 50.97% |
| Nov 30, 2011 | 50.47% |
| Aug 31, 2011 | 50.28% |
| May 31, 2011 | 50.35% |
| Feb 28, 2011 | 48.75% |
| Nov 30, 2010 | 51.19% |
| Aug 31, 2010 | 53.04% |