Neogen (NEOG) Operating Expenses (2010 - 2026)
Neogen (NEOG) recorded quarterly Operating Expenses of $102.3 million in Q1 2026, down 8.71% quarter-over-quarter from $112.1 million in Q4 2025, and down 2.48% on a YoY basis from $104.9 million in Q1 2025.
Neogen (NEOG) Operating Expenses (2010 - 2026) Analysis & Trends
Neogen's Operating Expenses history runs 17 years deep, the most recent figure standing at $102.3 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 2.48% year-over-year to $102.3 million; the TTM figure through Feb 2026 stood at $1.0 billion (up 17.14% YoY), while the FY2025 annual figure was $1.5 billion, up 265.8% from the prior year.
- Operating Expenses was $102.3 million for Q1 2026 at Neogen, down from $112.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $704.1 million in Q2 2025 to a low of $47.0 million in Q2 2022.
- Historically, Operating Expenses has averaged $157.6 million across 5 years, with a median of $102.3 million in 2023.
- Biggest YoY gain for Operating Expenses was 600.97% in 2025; the steepest drop was 80.37% in 2025.
- A 5-year view of Operating Expenses shows it stood at $120.2 million in 2022, then dropped by 14.88% to $102.3 million in 2023, then surged by 457.93% to $570.8 million in 2024, then slumped by 80.37% to $112.1 million in 2025, then fell by 8.71% to $102.3 million in 2026.
- The last three Operating Expenses figures came in at $102.3 million (Q1 2026), $112.1 million (Q4 2025), and $111.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Neogen | 2.03 Bn | 1.87 Bn | 99.00 Mn | 102.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 102.30 Mn |
| Nov 30, 2025 | 112.06 Mn |
| Aug 31, 2025 | 111.06 Mn |
| May 31, 2025 | 704.07 Mn |
| Feb 28, 2025 | 104.90 Mn |
| Nov 30, 2024 | 570.81 Mn |
| Aug 31, 2024 | 102.67 Mn |
| May 31, 2024 | 100.44 Mn |
| Feb 29, 2024 | 104.86 Mn |
| Nov 30, 2023 | 102.31 Mn |
| Aug 31, 2023 | 97.63 Mn |
| May 31, 2023 | 99.76 Mn |
| Feb 28, 2023 | 92.28 Mn |
| Nov 30, 2022 | 120.20 Mn |
| Aug 31, 2022 | 56.21 Mn |
| May 31, 2022 | 46.97 Mn |
| Feb 28, 2022 | 51.04 Mn |
| Nov 30, 2021 | 48.13 Mn |
| Aug 31, 2021 | 38.26 Mn |
| May 31, 2021 | 37.44 Mn |