Neogen NEOG
NASDAQ NEOG
$11.90 +0.01 (+0.08%)
As of: Sep 9, 2026 · 12:14 PM EDT

Neogen (NEOG) Operating Expenses (2010 - 2026)

Neogen (NEOG) posted Operating Expenses of $104.7 million for Q2 2026, up 2.35% on a QoQ basis from $102.3 million in Q1 2026, and down 85.13% year-over-year from $704.1 million in Q2 2025.

Analysis

Neogen (NEOG) Operating Expenses (2010 - 2026) Analysis & Trends

Neogen has reported Operating Expenses for 17 years, with the latest figure at $104.7 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 85.13% year-over-year to $104.7 million in Q2 2026; TTM through May 2026 was $430.1 million, a 70.99% decrease from a year earlier, with the FY2026 full-year figure at $430.1 million, down 70.99% from the prior year.
  • Operating Expenses was $104.7 million for Q2 2026 at Neogen, up from $102.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $704.1 million in Q2 2025, with the low at $47.0 million in Q2 2022.
  • Average Operating Expenses over 5 years is $154.7 million, with a median of $102.5 million recorded in 2023.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 600.56% in 2025, then tumbled 85.13% in 2026.
  • Over 5 years, Operating Expenses stood at $120.2 million in 2022, then declined by 14.88% to $102.3 million in 2023, then soared by 457.93% to $570.8 million in 2024, then sank by 80.37% to $112.1 million in 2025, then fell by 6.57% to $104.7 million in 2026.
  • The last three Operating Expenses figures came in at $104.7 million (Q2 2026), $102.3 million (Q1 2026), and $112.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE HealthCare Technologies 29.85 Bn 27.74 Bn 2.18 Bn 1.44 Bn
2 Lantheus Holdings 6.57 Bn 5.98 Bn 241.86 Mn 103.44 Mn
3 Heartflow 4.11 Bn 3.74 Bn 53.19 Mn 71.09 Mn
4 Neogen 2.59 Bn 2.40 Bn 107.80 Mn 104.70 Mn
5 Butterfly Network 1.99 Bn 1.87 Bn 23.29 Mn 36.95 Mn
6 Ceribell 924.56 Mn 795.30 Mn 25.94 Mn 45.92 Mn
7 QuidelOrtho 874.92 Mn 751.52 Mn - -
8 Varex Imaging 779.06 Mn 679.86 Mn 76.70 Mn 53.90 Mn
9 Prenetics Global 340.90 Mn 281.85 Mn 30.20 Mn -10.82 Mn
10 CapsoVision 324.09 Mn 315.02 Mn 1.87 Mn 9.45 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 104.70 Mn
Feb 28, 2026 102.30 Mn
Nov 30, 2025 112.06 Mn
Aug 31, 2025 111.06 Mn
May 31, 2025 704.10 Mn
Feb 28, 2025 104.90 Mn
Nov 30, 2024 570.81 Mn
Aug 31, 2024 102.67 Mn
May 31, 2024 100.51 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