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

Neogen's (NEOG) quarterly Research & Development came in at $38.2 million in Q1 2026, down 14.35% year-on-year from $44.6 million in Q1 2025, and up 737.17% quarter-over-quarter from $4.6 million in Q4 2025.

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

Neogen's Research & Development history runs 17 years deep, the most recent figure standing at $38.2 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 14.35% year-over-year to $38.2 million in Q1 2026; TTM through Feb 2026 was $94.8 million, a 47.71% decrease from a year earlier, with the FY2025 full-year figure at $183.8 million, up 0.51% from the prior year.
  • Research & Development improved to $38.2 million in Q1 2026 per NEOG's latest filing, from $4.6 million in the prior quarter.
  • Across five years, Research & Development topped out at $46.9 million in Q2 2025 and bottomed at -$46.2 million in Q2 2022.
  • The 5-year median for Research & Development is $38.6 million (2023), against an average of $27.0 million.
  • Across the five-year window, Research & Development tumbled 1232.47% in 2022 and soared 819.02% in 2025, its largest moves.
  • Year by year, Research & Development stood at $6.8 million in 2022, then surged by 554.86% to $44.8 million in 2023, then increased by 3.82% to $46.5 million in 2024, then plunged by 90.2% to $4.6 million in 2025, then surged by 737.17% to $38.2 million in 2026.
  • Per Business Quant, the three latest NEOG Research & Development figures stand at $38.2 million (Q1 2026), $4.6 million (Q4 2025), and $5.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 767.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 413.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 671.00 Mn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 263.30 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 145.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -461.27 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 345.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Neogen 2.09 Bn 1.93 Bn 99.00 Mn 38.20 Mn

Historic Data

Download Data
DateValue
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
May 31, 2021 4.08 Mn