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Neogen NEOG Animal Safety — Cost Of Revenue

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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%
CapEx$11.6M-64.7%
Free cash flow$11.1M+182%

Valuation

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Market cap$2B+12.0%
Enterprise value$2.63B+4.4%
P/S2.3×+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:CostOfRevenue.

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 animal safety — cost of revenue?
Neogen (NEOG) reported animal safety — cost of revenue of $34.6M in Q4 2025.
How has Neogen's animal safety — cost of revenue changed year-over-year?
Neogen's animal safety — cost of revenue decreased by 22.6% year-over-year, from $44.7M to $34.6M.
What is the long-term trend for Neogen's animal safety — cost of revenue?
Over 2 years (2023 to 2025), Neogen's animal safety — cost of revenue has grown at a 1.8% compound annual growth rate (CAGR), from $158.84M to $164.5M.
What does animal safety — cost of revenue mean?
Includes the direct costs attributable to the production and delivery of animal safety products, such as raw materials, manufacturing labor, and overhead. Monitoring this metric is essential for assessing the direct production efficiency and gross margin potential of the segment.