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Neogen NEOG Food Safety — Restructuring Charges

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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$2.5B+125%
Enterprise value$3.13B+65.3%
P/S2.9×+1.6×

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:RestructuringCharges.

The source filing: Neogen’s 10-Q, filed April 9, 2026.

Filed
Apr 9, 2026, 4:03 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-149599
Line itemThree months ended February 28, 2026Three months ended February 28, 2025Nine months ended February 28, 2026Nine months ended February 28, 2025
Food Safety$0.1$0.3$3.0$2.0
Animal Safety(0.1)0.96.9
Corporate0.33.01.2
Total$0.4$0.2$6.9$10.1

Item 1. Interim Condensed Consolidated Financial Statements

FAQ

What is Neogen's food safety — restructuring charges?
Neogen (NEOG) reported food safety — restructuring charges of $100K in Q4 2025.
How has Neogen's food safety — restructuring charges changed year-over-year?
Neogen's food safety — restructuring charges decreased by 66.7% year-over-year, from $300K to $100K.
What does food safety — restructuring charges mean?
Represents costs incurred by the food safety segment to reorganize business operations, such as severance, facility closures, or asset write-downs. These charges are typically non-recurring and reflect management's efforts to improve operational efficiency or integrate acquired businesses. Investors monitor these to understand the impact of organizational changes on short-term profitability.

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