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

Neogen has reported Research & Development for 17 years, with the latest figure at $41.1 million in Q2 2026.

• On a quarterly basis, Research & Development fell 12.37% year-over-year to $41.1 million in Q2 2026; TTM through May 2026 was $166.6 million, a 9.36% decrease from a year earlier, with the FY2026 full-year figure at $166.6 million, down 9.36% from the prior year.
• Research & Development was $41.1 million for Q2 2026 at Neogen, 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.
• Average Research & Development over 5 years is $39.9 million, with a median of $43.6 million recorded in 2023.
• The sharpest annual moves came in 2023 and 2026: Research & Development jumped 100.58% in 2023, then retreated 14.35% in 2026.
• Over 5 years, Research & Development stood at $36.3 million in 2022, then grew by 23.34% to $44.8 million in 2023, then rose by 3.82% to $46.5 million in 2024, then declined by 9.14% to $42.3 million in 2025, then retreated by 2.81% to $41.1 million in 2026.
• The last three Research & Development figures came in at $41.1 million (Q2 2026), $38.2 million (Q1 2026), and $42.3 million (Q4 2025), per Business Quant data.