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

Neogen's Research & Development history runs 17 years deep, the most recent figure standing at $3.8 million for Q1 2026.

• In Q1 2026, Research & Development fell 15.56% year-over-year to $3.8 million; the TTM figure through Feb 2026 stood at $19.8 million (down 0.89% YoY), while the FY2025 annual figure was $21.1 million, down 6.18% from the prior year.
• Research & Development was $3.8 million for Q1 2026 at Neogen, down from $4.6 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $7.3 million in Q1 2023 to a low of $3.8 million in Q1 2026.
• Historically, Research & Development has averaged $5.4 million across 5 years, with a median of $5.1 million in 2025.
• The sharpest annual moves came in 2023 and 2024: Research & Development jumped 84.13% in 2023, then plunged 33.14% in 2024.
• A 5-year view of Research & Development shows it stood at $6.8 million in 2022, then decreased by 15.92% to $5.8 million in 2023, then slipped by 11.26% to $5.1 million in 2024, then fell by 10.67% to $4.6 million in 2025, then slipped 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.