Neogen Corp (NEOG) financials
Neogen revenue and earnings by year
Neogen's revenue was $870 million in the fiscal year to May 31, 2026, down 2.7% from the year before. Net income was -$7.90 million, -0.9% of revenue. Since the fiscal year to May 31, 2017, revenue has grown 10.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | May 2026 | May 2025 | May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.87 | 0.89 | 0.92 | 0.82 | 0.53 | 0.47 | 0.42 | 0.41 | 0.40 | 0.36 |
| Revenue growth | -2.7% | -3.2% | 12.4% | 56.0% | 12.5% | 12.0% | 1.0% | 4.1% | 11.1% | — |
| Gross profit | 0.41 | 0.42 | 0.46 | 0.41 | 0.24 | 0.22 | 0.20 | 0.19 | 0.19 | 0.17 |
| Gross margin | 46.9% | 47.1% | 50.2% | 49.4% | 46.1% | 45.9% | 46.9% | 46.3% | 46.8% | 47.1% |
| Operating income | -0.02 | -1.06 | 0.06 | 0.04 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 |
| Operating margin | -2.5% | -118.6% | 6.3% | 4.6% | 11.1% | 15.8% | 16.1% | 16.4% | 17.6% | 18.1% |
| Net income | -0.01 | -1.09 | -0.01 | -0.02 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.04 |
| Net margin | -0.9% | -122.1% | -1.0% | -2.8% | 9.2% | 13.0% | 14.2% | 14.5% | 15.9% | 12.2% |
| Diluted EPS | -$0.04 | -$5.03 | -$0.04 | -$0.12 | $0.45 | $0.57 | $0.55 | $0.57 | $0.60 | $0.43 |
| Free cash flow | 0.03 | -0.04 | -0.08 | -0.02 | 0.04 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open NEOG in Markets.
How Neogen makes money
Revenue by segment in the quarter to August 31, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Product | $196M | 88.0% |
| Services | $26.8M | 12.0% |
See also: NEOG valuation and P/E history · NEOG returns
No forecast, no recommendation. This page describes Neogen Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.