Neogen Corporation

NEOG Healthcare Medical Devices

Neogen Corporation’s revenue for fiscal 2026 (year ended May 2026) was $870.4 million, down 2.72% from fiscal 2025.

Revenue
+6.50%
EPS
−129.4%
Free cash flow
+135.6%
Total debt
−2.31%

Quarter to August 2026, against a year earlier

11.72 0.04 +0.34%
Market cap
$2.6B
P/E
0.0×
Fwd P/E
−93.3×
Dividend yield
—
F-score
5/9
Altman Z
1.11
Beneish M
−2.43
Dividend safety
n/a

Neogen Corporation (NEOG) Gross margin

Alert me on Gross margin

Neogen Corporation's gross margin over the twelve months to 31 August 2026 was 47.4%, up 0.5 percentage points from fiscal 2026 (46.9%). Over the past ten years it has ranged from 45.9% (fiscal 2021) to 50.2% (fiscal 2024); the current reading is higher than 42% of that period. That is below the Medical Devices industry median of 57.8% and below the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 46.9% (0.17)
FY2025 47.1% (3.09)
FY2024 50.2% 0.83
FY2023 49.4% 3.26
FY2022 46.1% 0.19
FY2021 45.9% (1.03)
FY2020 46.9% 0.60
FY2019 46.3% (0.47)
FY2018 46.8% (0.34)
FY2017 47.2% (0.49)

Quarterly newest first

Period Gross margin Change (points)
Aug 2026 47.4% (0.50)
May 2026 47.9% 0.97
Feb 2026 46.9% (0.60)
Nov 2025 47.5% 2.07
43 more quarters

Against its own ten years

Low 45.9% High 50.2%
Ten-year median 47.0%
Current reading's percentile 74

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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