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Neogen NEOG Total 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$2.46B+138%
Enterprise value$3.1B+70.0%
P/S2.8×+1.7×

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:CostOfGoodsAndServicesSold.

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
Cost of Revenues
Cost of product revenues96.095.8296.6293.5
Cost of service revenues16.214.947.847.2
Total Cost of Revenues112.2110.7344.4340.7
Gross Profit99.0110.3300.7328.5
Operating Expenses
Sales and marketing38.244.6125.5136.9
General and administrative60.355.8186.4165.2

Item 1. Interim Condensed Consolidated Financial Statements

FAQ

What is Neogen's total cost of revenue?
Neogen (NEOG) reported total cost of revenue of $112.2M in Q4 2025.
How has Neogen's total cost of revenue changed year-over-year?
Neogen's total cost of revenue increased by 1.4% year-over-year, from $110.7M to $112.2M.
What is the long-term trend for Neogen's total cost of revenue?
Over 3 years (2022 to 2025), Neogen's total cost of revenue has grown at a 18.5% compound annual growth rate (CAGR), from $284.15M to $473.25M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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