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Nasdaq · Healthcare

Neogen Corp. (NEOG)

As-reported financials and SEC filings for Neogen Corp. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Neogen Corp.

Neogen Corporation develops, manufactures, and markets products and services focused on food and animal safety. Its Food Safety segment offers diagnostic test kits and related products to food and animal feed producers and processors to detect contaminants and ensure food quality. The Animal Safety segment provides veterinary instruments, pharmaceuticals, vaccines, diagnostic products, and genomics testing services to veterinarians, retailers, livestock producers, and animal health distributors worldwide.

Snapshot

Revenue
$870.4M
Revenue growth (YoY)
-2.7%
Net income
$-7.9M
Diluted EPS
$-0.04
Gross margin
46.9%
Operating margin
-2.5%
Net margin
-0.9%
FCF margin
3.7%
ROE
-0.4%
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$2.59B
Long-term debt / equity
0.38×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended May 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Neogen

  • Revenue fell 2.7% to $870M in FY2026, after a 3.2% decline the year before.
  • Operating margin is now a 2.5% loss in FY2026, from 11.1% in FY2022.
  • Most recent quarter Q1 FY2027: revenue $223M, up 6.5% from Q1 FY2026.
  • Free cash flow was $32M in FY2026, 3.7% of revenue.
  • Net loss narrowed to $8M in FY2026, from $1.1B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Neogen’s fundamentals sit among the 570 Healthcare companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin46.9%
33rd percentile of 290
Operating margin-2.5%
46th percentile of 410
Net margin-0.9%
51st percentile of 429
FCF margin3.7%
51st percentile of 385
Revenue growth (YoY)-2.7%
23rd percentile of 552
ROE-0.4%
61st percentile of 481
Long-term debt / equity0.38×
45th percentile of 251
Short interest2.03d
18th percentile of 568

2 reported insider purchases (code P) totaling $10,405 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+4 quant / multi-strat
Initiated / added
3
3 new, 0 added
Reduced / exited
4
2 trimmed, 2 exited
Combined position
$6.8M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$4.5M500.4KReduced
Renaissance TechnologiesquantQ2 2026$1.1M118.2KNew
Citadel AdvisorsquantQ2 2026$771,60385.8KReduced
D. E. ShawquantQ2 2026$382,06642.5KNew
Gotham Asset ManagementQ2 2026$130,78714.5KNew

No longer held by: Bridgewater Associates (as of Q2 2026), Millennium Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
2
1 insider
Bought (90d)
$10K
code P value
Sells (90d)
0
—
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-10-09
Mikheal NassifCEOBuy505$11.95$6K
2026-08-04
filed 2026-08-06
Mikheal NassifCEOBuy370$11.81$4K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
11.8M
settled 2026-09-30
Change vs prior
+6.1%
vs previous settlement
Days to cover
2.03
at avg daily volume
Avg daily volume
5.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3011.8M+6.1%2.03
2026-09-1511.2M+5.5%4.53
2026-08-3110.6M+6.5%7.41
2026-08-149.9M+5.3%4.23
2026-07-319.4M-12.5%4.34
2026-07-1510.8M+2.8%7.52
2026-06-3010.5M-12.0%4.08
2026-06-1511.9M-8.6%6.43

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$870.4M$894.7M$924.2M$822.4M$527.2M
Gross profit
Operating income$-21.6M$-1.06B$58.6M$37.5M$58.6M
Net income$-7.9M$-1.09B$-9.4M$-22.9M$48.3M
Diluted EPS$-0.04$-5.03$-0.04$-0.12$0.45

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$83.2M$58.2M$35.3M$41.0M$68.0M
Capital expenditure$51.3M$104.6M$111.4M$65.8M$24.4M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$222.8M6.5%$-11.9M$-0.05
Q4 FY2026-0.1%
Q3 FY2026$211.2M-4.4%$-17.0M$-0.08
Q2 FY2026$224.7M-2.8%$-15.9M$-0.07
Q1 FY2026$209.2M-3.6%$36.3M$0.17
Q4 FY2025-4.8%
Q3 FY2025$221.0M-3.4%$-10.9M$-0.05
Q2 FY2025$231.3M0.7%$-456.3M$-2.10

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorHealthcare
SIC industryIn Vitro & In Vivo Diagnostic Substances
Latest annual periodFY2026 (ended May 31, 2026)
Latest reported quarterQ1 FY2027 (ended August 31, 2026)
Oldest indexed filing2013
SEC CIK711377

Selected SEC filings

10-K2026-07-30
View on EDGAR →
10-Q2026-10-07
View on EDGAR →
10-Q2026-04-09
View on EDGAR →
10-Q2026-01-08
View on EDGAR →
8-K2026-10-07
View on EDGAR →
8-K2026-10-06
View on EDGAR →
8-K2026-08-07
View on EDGAR →
8-K2026-07-30
View on EDGAR →

Largest Healthcare peers

All Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.