Neogen (NEOG) Work In Process (2011 - 2026)

Neogen's Work In Process history runs 13 years deep, the most recent figure standing at $9.3 million for Q1 2026.

• In Q1 2026, Work In Process fell 34.99% year-over-year to $9.3 million; the TTM figure through Feb 2026 stood at $9.3 million (down 34.99% YoY), while the FY2025 annual figure was $11.2 million, up 1.91% from the prior year.
• Work In Process was $9.3 million for Q1 2026 at Neogen, down from $10.7 million in the prior quarter.
• In the past five years, Work In Process ranged from a high of $14.3 million in Q1 2025 to a low of $5.4 million in Q2 2023.
• Historically, Work In Process has averaged $9.8 million across 5 years, with a median of $10.8 million in 2024.
• The sharpest annual moves came in 2024 and 2026: Work In Process surged 112.13% in 2024, then sank 34.99% in 2026.
• A 5-year view of Work In Process shows it stood at $6.4 million in 2022, then increased by 4.02% to $6.6 million in 2023, then soared by 112.13% to $14.1 million in 2024, then slipped by 24.24% to $10.7 million in 2025, then decreased by 12.91% to $9.3 million in 2026.
• The last three Work In Process figures came in at $9.3 million (Q1 2026), $10.7 million (Q4 2025), and $11.6 million (Q3 2025), per Business Quant data.