Neogen Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Revenue	880.32	894.66	924.22	822.45	527.16	468.46
Revenue Growth (YoY)	-3.67%	-3.20%	12.38%	56.02%	12.53%	12.03%
Cost of Revenue	475.55	473.29	460.32	416.49	284.15	253.4
Gross Profit	404.77	421.38	463.9	405.96	243.01	215.06
Selling, General & Admin	413.61	401.97	382.76	342.4	167.35	124.64
Research & Development	20.47	21.09	22.48	26.04	17.05	16.25
Other Operating Expenses	597.93	1,059	-	-	-	-
Total Operating Expenses	1,032	1,482	405.24	368.44	184.4	140.89
Operating Income	-627.24	-1,061	58.66	37.52	58.62	74.17
Interest Income	2.85	3.11	6.36	3.17	1.34	1.69
Interest Expense	-66.16	-71.62	-73.39	-55.96	-0.07	-0.08
Other Non-Operating Income (Expense)	79.72	3.6	5.94	6.76	-0.32	0.52
Total Non-Operating Income (Expense)	16.42	-64.91	-61.1	-46.03	0.95	2.13
Pretax Income	-610.82	-1,126	-2.43	-8.52	59.56	76.3
Provision for Income Taxes	-14.75	-41.07	-4.88	0.83	11.9	14.39
Net Income	-602.74	-1,092	-9.42	-22.87	48.31	60.88
Net Income to Common	-602.74	-1,092	-9.42	-22.87	48.31	60.88
Net Income Growth	-	-	-	-	-20.66%	2.37%
Shares Outstanding (Basic)	217	217	216	189	108	106
Shares Outstanding (Diluted)	217	217	216	189	108	107
Shares Change (YoY)	0.24%	0.19%	14.61%	74.86%	0.84%	1.32%
EPS (Basic)	-2.77	-5.03	-0.04	-0.12	0.45	0.57
EPS (Diluted)	-2.77	-5.03	-0.04	-0.12	0.45	0.57
EPS Growth	-	-	-	-	-21.05%	1.79%
Free Cash Flow	-18.47	-46.35	-76.16	-24.73	43.61	54.38
Free Cash Flow Growth	-	-	-	-	-19.80%	-12.05%
Free Cash Flow Per Share	-0.09	-0.21	-0.35	-0.13	0.40	0.51
Gross Margin	45.98%	47.10%	50.19%	49.36%	46.10%	45.91%
Operating Margin	-71.25%	-118.59%	6.35%	4.56%	11.12%	15.83%
Profit Margin	-68.47%	-122.06%	-1.02%	-2.78%	9.16%	13.00%
FCF Margin	-2.10%	-5.18%	-8.24%	-3.01%	8.27%	11.61%
EBITDA	-509.62	-935.33	179.89	127.99	82.75	95.21
EBITDA Margin	-57.89%	-104.55%	19.46%	15.56%	15.70%	20.32%
EBIT	-627.24	-1,061	58.66	37.52	58.62	74.17
EBIT Margin	-71.25%	-118.59%	6.35%	4.56%	11.12%	15.83%
Effective Tax Rate	2.41%	3.65%	200.74%	-9.72%	19.98%	18.86%

Updated Jan 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q