Neogen Corporation (NEOG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 211.2M | 224.69M | 209.19M | 225.46M | 220.98M | 231.26M | 216.96M | 236.79M | 228.81M | 229.63M | 228.99M | 241.81M | 218.25M | 230.03M | 132.35M | 140.09M | 128.24M | 130.52M | 128.31M | 127.42M |
| Revenue Growth % | -4.43% | -2.84% | -3.58% | -4.79% | -3.42% | 0.71% | -5.25% | -2.07% | 4.84% | -0.18% | 73.02% | 72.61% | 70.19% | 76.25% | 3.15% | 9.94% | 9.88% | 13.49% | 17.36% | 16.82% |
| Cost of Goods Sold | 112.2M | 118.01M | 137.22M | 132.6M | 134.01M | 141.53M | 130.53M | 123.31M | 113.19M | 112.86M | 112.23M | 118.63M | 110.29M | 117.49M | 70.08M | 75.09M | 70.83M | 69.92M | 68.3M | 69.73M |
| COGS % of Revenue | 53.13% | 52.52% | 65.6% | 58.82% | 60.65% | 61.2% | 60.16% | 52.08% | 49.47% | 49.15% | 49.01% | 49.06% | 50.53% | 51.08% | 52.95% | 53.6% | 55.23% | 53.57% | 53.23% | 54.73% |
| Gross Profit | 99M | 106.68M | 71.97M | 92.86M | 86.97M | 89.73M | 86.44M | 113.48M | 115.62M | 116.77M | 116.76M | 123.18M | 107.96M | 112.54M | 62.27M | 65M | 57.41M | 60.59M | 60.01M | 57.69M |
| Gross Margin % | 46.88% | 47.48% | 34.4% | 41.18% | 39.35% | 38.8% | 39.84% | 47.92% | 50.53% | 50.85% | 50.99% | 50.94% | 49.47% | 48.92% | 47.05% | 46.4% | 44.77% | 46.43% | 46.77% | 45.27% |
| Gross Profit Growth % | 13.84% | 18.89% | -16.74% | -18.18% | -24.78% | -23.16% | -25.97% | -7.87% | 7.09% | 3.76% | 87.51% | 89.51% | 88.05% | 85.73% | 3.77% | 12.67% | 6.62% | 13.87% | 19.3% | 11.53% |
| Operating Expenses | 102.3M | 112.06M | 87.95M | 106.11M | 74.98M | 72.66M | 77.78M | 95.91M | 103.92M | 102.31M | 97.63M | 99.76M | 92.28M | 120.19M | 56.21M | 46.97M | 51.03M | 48.13M | 38.26M | 37.44M |
| OpEx % of Revenue | 48.44% | 49.87% | 42.04% | 47.06% | 33.93% | 31.42% | 35.85% | 40.5% | 45.42% | 44.55% | 42.63% | 41.25% | 42.28% | 52.25% | 42.47% | 33.53% | 39.8% | 36.87% | 29.82% | 29.38% |
| Selling, General & Admin | 98.5M | 107.5M | 105.94M | 99.8M | 100.38M | 104.32M | 97.47M | 95.3M | 100.01M | 96.55M | 90.9M | 92.7M | 85.02M | 113.35M | 51.33M | 43.14M | 46.47M | 43.79M | 33.94M | 33.36M |
| SG&A % of Revenue | 46.64% | 47.84% | 50.64% | 44.27% | 45.42% | 45.11% | 44.92% | 40.24% | 43.71% | 42.05% | 39.7% | 38.34% | 38.96% | 49.28% | 38.78% | 30.79% | 36.24% | 33.55% | 26.45% | 26.18% |
| Research & Development | 3.8M | 4.56M | 5.13M | 6.31M | 4.47M | 5.11M | 5.2M | 5.14M | 4.85M | 5.76M | 6.72M | 7.05M | 7.26M | 6.85M | 4.88M | 3.83M | 4.56M | 4.33M | 4.33M | 4.08M |
| R&D % of Revenue | 1.8% | 2.03% | 2.45% | 2.8% | 2.02% | 2.21% | 2.4% | 2.17% | 2.12% | 2.51% | 2.94% | 2.92% | 3.33% | 2.98% | 3.69% | 2.73% | 3.56% | 3.32% | 3.37% | 3.2% |
| Other Operating Expenses | 0 | 0 | -1000K | 0 | -1000K | -1000K | -1000K | -1000K | -938K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -3.3M | -5.38M | -15.98M | -13.25M | 11.99M | 17.07M | 8.66M | 17.57M | 11.7M | 14.46M | 19.14M | 23.43M | 15.68M | -7.66M | 6.06M | 18.03M | 6.38M | 12.47M | 21.75M | 20.25M |
| Operating Margin % | -1.56% | -2.39% | -7.64% | -5.88% | 5.42% | 7.38% | 3.99% | 7.42% | 5.11% | 6.3% | 8.36% | 9.69% | 7.19% | -3.33% | 4.58% | 12.87% | 4.97% | 9.55% | 16.95% | 15.9% |
| Operating Income Growth % | -127.53% | -131.51% | -284.52% | -175.43% | 2.5% | 17.99% | -54.74% | -24.99% | -25.43% | 288.94% | 215.65% | 29.94% | 145.95% | -161.4% | -72.12% | -11% | -59.57% | -35.21% | 15.08% | 1.56% |
| EBITDA | 25.6M | 23.55M | 13.07M | 17.01M | 41.36M | 47.12M | 38.46M | 46.44M | 41.35M | 43.93M | 47.87M | 51.86M | 43.16M | 19.08M | 11.79M | 23.89M | 12.7M | 18.3M | 27.43M | 26.14M |
| EBITDA Margin % | 12.12% | 10.48% | 6.25% | 7.54% | 18.72% | 20.37% | 17.73% | 19.61% | 18.07% | 19.13% | 20.9% | 21.45% | 19.77% | 8.3% | 8.91% | 17.05% | 9.9% | 14.02% | 21.38% | 20.51% |
| EBITDA Growth % | -38.11% | -50.02% | -66.01% | -63.38% | 0.04% | 7.24% | -19.65% | -10.47% | -4.19% | 130.24% | 305.98% | 117.11% | 239.83% | 4.28% | -57.01% | -8.61% | -40.54% | -23.91% | 16.14% | 5.41% |
| D&A (Non-Cash Add-back) | 28.9M | 28.93M | 29.05M | 30.26M | 29.37M | 30.05M | 29.8M | 28.86M | 29.65M | 29.47M | 28.73M | 28.44M | 27.47M | 26.74M | 5.73M | 5.86M | 6.32M | 5.83M | 5.68M | 5.88M |
| EBIT | -6.4M | -5.52M | 60.25M | -614.07M | 8.01M | -458.43M | 3.01M | 12.81M | 13.05M | 14.29M | 20.12M | 25.6M | 15.2M | -13.55M | 6.66M | 18.91M | 6.64M | 12.93M | 21.73M | 20.15M |
| Net Interest Income | -13.9M | -14.26M | -15.52M | -16.48M | -17.04M | -17.37M | -17.62M | -17.52M | -16.67M | -16.17M | -16.67M | -16.95M | -16.82M | -19.99M | 969K | 526K | 314K | 224K | 203K | 43K |
| Interest Income | 0 | 592K | 918K | 644K | 699K | 774K | 993K | 1.1M | 1.61M | 1.86M | 1.79M | 1M | 640K | 553K | 971K | 526K | 349K | 246K | 203K | 43K |
| Interest Expense | 13.9M | 14.85M | 16.44M | 17.13M | 17.74M | 18.14M | 18.61M | 18.62M | 18.29M | 18.03M | 18.46M | 17.95M | 17.46M | 20.55M | 2K | 0 | 35K | 22K | 0 | 0 |
| Other Income/Expense | -17M | -14.99M | 59.79M | -617.95M | -21.71M | -493.64M | -24.27M | -23.97M | -17.52M | -18.21M | -17.47M | -15.78M | -17.94M | -26.43M | 597K | 882K | 266K | 459K | -18K | -109K |
| Pretax Income | -20.3M | -20.36M | 43.81M | -631.2M | -9.73M | -476.57M | -15.61M | -6.4M | -5.82M | -3.75M | 1.66M | 7.65M | -2.26M | -34.09M | 6.66M | 18.91M | 6.64M | 12.93M | 21.73M | 20.15M |
| Pretax Margin % | -9.61% | -9.06% | 20.94% | -279.96% | -4.4% | -206.08% | -7.19% | -2.7% | -2.54% | -1.63% | 0.73% | 3.16% | -1.04% | -14.82% | 5.03% | 13.5% | 5.18% | 9.91% | 16.93% | 15.81% |
| Income Tax | -3.3M | -4.44M | 7.47M | -19.01M | 1.23M | -20.29M | -3M | -984K | -3.8M | -260K | 160K | 2.08M | -10.45M | 7.75M | 1.45M | 3.95M | 1.2M | 2.1M | 4.65M | 4.39M |
| Effective Tax Rate % | 16.26% | 21.8% | 17.05% | 3.01% | -12.65% | 4.26% | 19.22% | 15.38% | 65.27% | 6.94% | 9.62% | 27.16% | 462.39% | -22.73% | 21.78% | 20.89% | 18.06% | 16.24% | 21.4% | 21.77% |
| Net Income | -17M | -15.92M | 36.34M | -612.2M | -10.96M | -456.28M | -12.61M | -5.42M | -2.02M | -3.49M | 1.5M | 5.57M | 8.19M | -41.84M | 5.21M | 14.96M | 5.44M | 10.83M | 17.08M | 15.76M |
| Net Margin % | -8.05% | -7.09% | 17.37% | -271.53% | -4.96% | -197.3% | -5.81% | -2.29% | -0.88% | -1.52% | 0.66% | 2.3% | 3.75% | -18.19% | 3.94% | 10.68% | 4.24% | 8.3% | 13.31% | 12.37% |
| Net Income Growth % | -55.15% | 96.51% | 388.19% | -11205.56% | -441.89% | -12985.23% | -938.92% | -197.18% | -124.69% | 91.67% | -71.15% | -62.75% | 50.47% | -486.41% | -69.5% | -5.08% | -59.31% | -31.84% | 7.67% | -3.59% |
| Net Income (Continuing) | -17M | -15.92M | 36.34M | -612.2M | -10.96M | -456.28M | -12.61M | -5.42M | -2.02M | -3.49M | 1.5M | 5.57M | 8.19M | -41.84M | 5.21M | 14.96M | 5.44M | 10.83M | 17.08M | 15.76M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.08 | -0.07 | 0.17 | -2.82 | -0.05 | -2.10 | -0.06 | -0.03 | -0.01 | -0.02 | 0.01 | 0.03 | 0.04 | -0.19 | 0.05 | 0.14 | 0.05 | 0.10 | 0.16 | 0.15 |
| EPS Growth % | -58.42% | 96.51% | 392.1% | -11180% | - | -12943.48% | - | -197.28% | -124.6% | 91.53% | -86.2% | -81.64% | -24.85% | -290% | -68.75% | -6.67% | -58.08% | -33.33% | 6.67% | 0% |
| EPS (Basic) | -0.08 | -0.07 | 0.17 | -2.82 | -0.05 | -2.10 | -0.06 | -0.03 | -0.01 | -0.02 | 0.01 | 0.03 | 0.04 | -0.19 | 0.05 | 0.14 | 0.05 | 0.10 | 0.16 | 0.15 |
| Diluted Shares Outstanding | 217.7M | 217.41M | 217.04M | 217.04M | 217.03M | 216.81M | 216.7M | 216.61M | 216.6M | 216.41M | 216.85M | 216.44M | 216.4M | 220.22M | 107.86M | 107.86M | 108.13M | 108.12M | 108.11M | 108.04M |
| Basic Shares Outstanding | 217.7M | 217.41M | 217.04M | 217.04M | 217.03M | 216.81M | 216.7M | 216.61M | 216.6M | 216.41M | 216.31M | 216.25M | 216.22M | 216.14M | 107.84M | 107.79M | 107.82M | 107.77M | 107.49M | 107.47M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |