What is Neogen's capex?

Neogen (NEOG) reported capex of $11.63M in Q4 2025.

How has Neogen's capex changed year-over-year?

Neogen's capex decreased by 64.7% year-over-year, from $32.91M to $11.63M.

What is the long-term trend for Neogen's capex?

Over 4 years (2021 to 2025), Neogen's capex has grown at a 40.7% compound annual growth rate (CAGR), from $26.71M to $104.6M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Neogen NEOG CapEx

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Other financials

Income statement

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Revenue$211.2M-4.4%

Gross profit$99.0M-10.2%

Operating income-$3.3M-161%

Net income-$17.0M-56.0%

EPS (diluted)-$0.08-60.0%

Balance sheet

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Cash & equivalents$159.9M+25.2%

Total debt$793.3M-11.2%

Total equity$2.1B-21.0%

Total assets$3.4B-16.8%

Cash flow

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Operating cash flow$22.7M+16.7%

Free cash flow$11.1M+182%

Valuation

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Market cap$1.92B+12.0%

Enterprise value$2.56B+4.4%

P/S2.2×+0.3×

Profitability

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Gross margin45.2%-3.6pp

Operating margin-73.1%+77.7pp

Net margin-69.9%+30.8pp

FCF margin-14%—

Returns & leverage

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Return on equity-25.6%+28.8pp

Debt / equity0.4×0.0×

Current ratio3.9×0.0×

Where this comes from

Reported directly by Neogen in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: Neogen’s 10-Q, filed April 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Neogen's capex?: Neogen (NEOG) reported capex of $11.63M in Q4 2025.
How has Neogen's capex changed year-over-year?: Neogen's capex decreased by 64.7% year-over-year, from $32.91M to $11.63M.
What is the long-term trend for Neogen's capex?: Over 4 years (2021 to 2025), Neogen's capex has grown at a 40.7% compound annual growth rate (CAGR), from $26.71M to $104.6M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.