Growth Metrics

Neogen (NEOG) Research & Development (2010 - 2026)

Neogen's quarterly Research & Development came in at $3.8 million in Q1 2026, down 15.56% year-on-year from $4.5 million in Q1 2025, and down 16.72% quarter-over-quarter from $4.6 million in Q4 2025.

Neogen has reported Research & Development for 17 years, with the latest figure at $3.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 15.56% year-over-year to $3.8 million; the trailing twelve-month figure through Feb 2026 stood at $19.8 million (down 0.89% YoY), and the FY2025 full-year result was $21.1 million, down 6.18% from the prior year.
  • Research & Development for Q1 2026 stood at $3.8 million, down from $4.6 million in the prior quarter.
  • The five-year high for Research & Development was $7.3 million in Q1 2023, with the low at $3.8 million in Q1 2026.
  • Average Research & Development over 5 years is $5.4 million, with a median of $5.1 million recorded in 2025.
  • Year-over-year, Research & Development soared 84.13% in 2023 and plunged 33.14% in 2024.
  • Tracing NEOG's Research & Development over 5 years: stood at $6.8 million in 2022, then slipped by 15.92% to $5.8 million in 2023, then dropped by 11.26% to $5.1 million in 2024, then retreated by 10.67% to $4.6 million in 2025, then dropped by 16.72% to $3.8 million in 2026.
  • The last three Research & Development figures came in at $3.8 million (Q1 2026), $4.6 million (Q4 2025), and $5.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 767.00 Mn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 413.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 345.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 28.80 Mn
10 Neogen 1.94 Bn 1.78 Bn 99.00 Mn 3.80 Mn

Historic Data

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DateValue
Feb 28, 2026 3.80 Mn
Nov 30, 2025 4.56 Mn
Aug 31, 2025 5.13 Mn
May 31, 2025 6.29 Mn
Feb 28, 2025 4.50 Mn
Nov 30, 2024 5.11 Mn
Aug 31, 2024 5.20 Mn
May 31, 2024 5.15 Mn
Feb 29, 2024 4.85 Mn
Nov 30, 2023 5.76 Mn
Aug 31, 2023 6.72 Mn
May 31, 2023 7.05 Mn
Feb 28, 2023 7.26 Mn
Nov 30, 2022 6.85 Mn
Aug 31, 2022 4.88 Mn
May 31, 2022 3.83 Mn
Feb 28, 2022 4.56 Mn
Nov 30, 2021 4.33 Mn
Aug 31, 2021 4.33 Mn
May 31, 2021 4.08 Mn
Feb 28, 2021 4.24 Mn
Nov 30, 2020 4.06 Mn
Aug 31, 2020 3.88 Mn
May 31, 2020 3.46 Mn
Feb 29, 2020 3.82 Mn
Nov 30, 2019 3.78 Mn
Aug 31, 2019 3.69 Mn
May 31, 2019 3.57 Mn
Feb 28, 2019 3.25 Mn
Nov 30, 2018 3.17 Mn
Aug 31, 2018 2.82 Mn
May 31, 2018 1.95 Mn
Feb 28, 2018 2.84 Mn
Nov 30, 2017 2.97 Mn
Aug 31, 2017 3.10 Mn
May 31, 2017 2.30 Mn
Feb 28, 2017 2.64 Mn
Nov 30, 2016 2.77 Mn
Aug 31, 2016 2.68 Mn
May 31, 2016 2.25 Mn
Feb 29, 2016 2.45 Mn
Nov 30, 2015 2.62 Mn
Aug 31, 2015 2.57 Mn
May 31, 2015 2.33 Mn
Feb 28, 2015 2.37 Mn
Nov 30, 2014 2.47 Mn
Aug 31, 2014 2.40 Mn
May 31, 2014 1.83 Mn
Feb 28, 2014 2.11 Mn
Nov 30, 2013 2.30 Mn
Aug 31, 2013 2.09 Mn
May 31, 2013 1.88 Mn
Feb 28, 2013 1.98 Mn
Nov 30, 2012 1.99 Mn
Aug 31, 2012 1.93 Mn
May 31, 2012 1.66 Mn
Feb 29, 2012 1.75 Mn
Nov 30, 2011 1.71 Mn
Aug 31, 2011 1.51 Mn
May 31, 2011 1.59 Mn
Feb 28, 2011 1.80 Mn
Nov 30, 2010 1.64 Mn
Aug 31, 2010 1.80 Mn