The Tip Desk

NEOGEN CORP

Financial highlights

MetricFY 05/31/26FY 05/31/25FY 05/31/24FY 05/31/23FY 05/31/22
Income Statement
Revenue$870.4M$894.7M$924.2M$822.4M$527.2M
Cost of revenue$461.9M$473.3M$460.3M$416.5M$284.1M
Gross profit$408.5M$421.4M$463.9M$406.0M$243.0M
Research and development$18.4M$21.1M$22.5M$26.0M$17.0M
Operating expenses$430.1M$1.5B$405.3M$368.4M$184.4M
Operating income-$21.6M-$1.1B$58.6M$37.5M$58.6M
Interest expense$24.1M$38.1M$42.2M$27.3M
Pretax income-$9.0M-$1.1B-$14.3M-$22.0M$60.2M
Income tax expense-$1.1M-$41.1M-$4.9M$828,000$11.9M
Net income-$7.9M-$1.1B-$9.4M-$22.9M$48.3M
Balance Sheet
Cash and equivalents$185.5M$129.0M$170.6M$163.2M$44.5M
Current assets$604.6M$576.9M$589.2M$585.9M$626.8M
Total assets$3.3B$3.4B$4.5B$4.6B$992.9M
Current liabilities$158.2M$174.0M$154.3M$145.5M$77.8M
Total liabilities$1.3B$1.4B$1.4B$1.4B$105.6M
Total debt$800.0M$902.4M$902.4M$900.0M
Stockholders' equity$2.1B$2.1B$3.1B$3.1B$887.4M
Cash Flow Statement
Cash from operations$83.2M$58.2M$35.3M$41.0M$68.0M
Depreciation and amortization$116.3M$119.5M$116.7M$88.4M$23.7M
Stock-based compensation$13.4M$17.3M$13.8M$10.2M$7.2M
Capital expenditure$51.3M$104.6M$111.4M$65.8M$24.4M
Free cash flow$31.9M-$46.4M-$76.1M-$24.7M$43.6M
Impairments$0$1.1B$600,000$0$0

Shares outstanding 217.7M · Free float 99.4%

Annual filing data through FY ended May 31, 2026; float as of August 11, 2026.

Earnings

Other Coverage