Neogen (NEOG) Research & Development (2010 - 2026)
Neogen (NEOG) posted quarterly Research & Development of $41.1 million for Q2 2026, down 12.37% year-over-year from $46.9 million in Q2 2025, and up 7.59% quarter-over-quarter from $38.2 million in Q1 2026.
Neogen (NEOG) Research & Development (2010 - 2026) Analysis & Trends
Neogen's Research & Development history runs 17 years deep, the most recent figure standing at $41.1 million for Q2 2026.
- In Q2 2026, Research & Development fell 12.37% year-over-year to $41.1 million; the TTM figure through May 2026 stood at $166.6 million (down 9.36% YoY), while the FY2026 annual figure was $166.6 million, down 9.36% from the prior year.
- Research & Development for Q2 2026 stood at $41.1 million, up from $38.2 million in the prior quarter.
- The five-year high for Research & Development was $47.9 million in Q1 2024, with the low at $21.4 million in Q2 2022.
- The 5-year median for Research & Development is $43.6 million (2023), against an average of $39.9 million.
- The sharpest annual moves came in 2023 and 2026: Research & Development surged 100.58% in 2023, then declined 14.35% in 2026.
- Neogen's Research & Development stood at $36.3 million in 2022, then advanced by 23.34% to $44.8 million in 2023, then grew by 3.82% to $46.5 million in 2024, then slipped by 9.14% to $42.3 million in 2025, then declined by 2.81% to $41.1 million in 2026.
- Business Quant data shows NEOG's Research & Development at $41.1 million in Q2 2026, $38.2 million in Q1 2026, and $42.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.51 Bn | 194.91 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 129.96 Bn | 126.48 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 120.18 Bn | 110.96 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 74.28 Bn | 73.74 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 52.75 Bn | 48.50 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.67 Bn | 32.73 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 34.23 Bn | 32.12 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.46 Bn | 23.14 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.30 Bn | 22.82 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Neogen | 2.61 Bn | 2.43 Bn | 107.80 Mn | 41.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 41.10 Mn |
| Feb 28, 2026 | 38.20 Mn |
| Nov 30, 2025 | 4.56 Mn |
| Aug 31, 2025 | 5.13 Mn |
| May 31, 2025 | 46.90 Mn |
| Feb 28, 2025 | 44.60 Mn |
| Nov 30, 2024 | 46.55 Mn |
| Aug 31, 2024 | 45.80 Mn |
| May 31, 2024 | 44.34 Mn |
| Feb 29, 2024 | 4.85 Mn |
| Nov 30, 2023 | 44.83 Mn |
| Aug 31, 2023 | 45.78 Mn |
| May 31, 2023 | 42.89 Mn |
| Feb 28, 2023 | 38.60 Mn |
| Nov 30, 2022 | 6.85 Mn |
| Aug 31, 2022 | 23.38 Mn |
| May 31, 2022 | -46.17 Mn |
| Feb 28, 2022 | 21.48 Mn |
| Nov 30, 2021 | 4.33 Mn |
| Aug 31, 2021 | 4.33 Mn |