Growth Metrics

Neogen (NEOG) Gross Margin (2016 - 2026)

Neogen has reported Gross Margin over the past 17 years, most recently at 46.88% for Q1 2026.

  • For Q1 2026, Gross Margin fell 303.0% year-over-year to 46.88%; the TTM value through Feb 2026 reached 45.21%, down 358.0%, while the annual FY2025 figure was 47.1%, 309.0% down from the prior year.
  • Gross Margin for Q1 2026 was 46.88% at Neogen, down from 47.48% in the prior quarter.
  • Over five years, Gross Margin peaked at 51.08% in Q1 2024 and troughed at 41.19% in Q2 2025.
  • A 5-year average of 48.04% and a median of 48.36% in 2024 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: skyrocketed 470bps in 2023 and later plummeted -673bps in 2025.
  • Year by year, Gross Margin stood at 48.92% in 2022, then grew by 4bps to 50.85% in 2023, then fell by -4bps to 49.01% in 2024, then decreased by -3bps to 47.48% in 2025, then dropped by -1bps to 46.88% in 2026.
  • Business Quant data shows Gross Margin for NEOG at 46.88% in Q1 2026, 47.48% in Q4 2025, and 45.4% in Q3 2025.