Neogen (NEOG) Revenue & Revenue Breakdown

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Neogen Revenue Highlights

Latest Revenue (Y)

$894.66M

Latest Revenue (Q)

$220.98M

Main Segment (Y)

Product

Main Geography (Y)

Non-US

Neogen Revenue by Period

Neogen Revenue by Year

Date	Revenue	Change
2025-05-31	$894.66M	-3.20%
2024-05-31	$924.22M	12.37%
2023-05-31	$822.45M	56.01%
2022-05-31	$527.16M	12.53%
2021-05-31	$468.46M	12.03%
2020-05-31	$418.17M	0.96%
2019-05-31	$414.19M	2.97%
2018-05-31	$402.25M	11.24%
2017-05-31	$361.59M	12.55%
2016-05-31	$321.27M	13.50%
2015-05-31	$283.07M	14.42%
2014-05-31	$247.41M	19.22%
2013-05-31	$207.53M	12.76%
2012-05-31	$184.05M	6.58%
2011-05-31	$172.68M	22.90%
2010-05-31	$140.51M	18.35%
2009-05-31	$118.72M	15.92%
2008-05-31	$102.42M	18.90%
2007-05-31	$86.14M	18.92%
2006-05-31	$72.43M	15.42%
2005-05-31	$62.76M	13.08%
2004-05-31	$55.50M	19.38%
2003-05-31	$46.49M	13.12%
2002-05-31	$41.10M	17.77%
2001-05-31	$34.90M	48.41%
2000-05-31	$23.51M	5.91%
1999-05-31	$22.20M	20.00%
1998-05-31	$18.50M	20.92%
1997-05-31	$15.30M	22.40%
1996-05-31	$12.50M	6.84%
1995-05-31	$11.70M	9.35%
1994-05-31	$10.70M	40.79%
1993-05-31	$7.60M	-

Neogen generated $894.66M in revenue during NA 2025, up -3.20% compared to the previous quarter, and up 213.95% compared to the same period a year ago.

Neogen Revenue by Quarter

Date	Revenue	Change
2025-02-28	$220.98M	-4.44%
2024-11-30	$231.26M	6.59%
2024-08-31	$216.96M	-8.37%
2024-05-31	$236.79M	3.49%
2024-02-29	$228.81M	-0.36%
2023-11-30	$229.63M	0.28%
2023-08-31	$228.99M	-5.30%
2023-05-31	$241.81M	10.79%
2023-02-28	$218.25M	-5.12%
2022-11-30	$230.03M	73.81%
2022-08-31	$132.35M	-5.53%
2022-05-31	$140.09M	9.24%
2022-02-28	$128.24M	-1.74%
2021-11-30	$130.52M	1.72%
2021-08-31	$128.31M	0.69%
2021-05-31	$127.42M	9.18%
2021-02-28	$116.71M	1.49%
2020-11-30	$115.00M	5.19%
2020-08-31	$109.33M	0.23%
2020-05-31	$109.07M	9.22%
2020-02-29	$99.87M	-7.36%
2019-11-30	$107.80M	6.29%
2019-08-31	$101.42M	-7.60%
2019-05-31	$109.76M	12.35%
2019-02-28	$97.70M	-8.78%
2018-11-30	$107.10M	7.50%
2018-08-31	$99.63M	-8.84%
2018-05-31	$109.29M	13.97%
2018-02-28	$95.89M	-5.82%
2017-11-30	$101.82M	6.89%
2017-08-31	$95.26M	-3.63%
2017-05-31	$98.85M	11.84%
2017-02-28	$88.39M	-2.57%
2016-11-30	$90.72M	8.45%
2016-08-31	$83.64M	-7.14%
2016-05-31	$90.08M	17.41%
2016-02-29	$76.72M	-3.62%
2015-11-30	$79.61M	6.35%
2015-08-31	$74.86M	-4.77%
2015-05-31	$78.61M	14.91%
2015-02-28	$68.41M	-0.07%
2014-11-30	$68.45M	1.27%
2014-08-31	$67.60M	0.50%
2014-05-31	$67.26M	8.49%
2014-02-28	$62.00M	4.02%
2013-11-30	$59.60M	1.80%
2013-08-31	$58.55M	4.54%
2013-05-31	$56.01M	9.70%
2013-02-28	$51.05M	0.63%
2012-11-30	$50.74M	2.03%
2012-08-31	$49.73M	2.44%
2012-05-31	$48.55M	8.09%
2012-02-29	$44.91M	0.05%
2011-11-30	$44.89M	-1.76%
2011-08-31	$45.70M	4.82%
2011-05-31	$43.59M	3.22%
2011-02-28	$42.23M	-3.86%
2010-11-30	$43.93M	2.35%
2010-08-31	$42.92M	9.84%
2010-05-31	$39.08M	15.50%
2010-02-28	$33.83M	-4.02%
2009-11-30	$35.25M	8.98%
2009-08-31	$32.35M	4.72%
2009-05-31	$30.89M	10.96%
2009-02-28	$27.84M	-10.73%
2008-11-30	$31.19M	8.27%
2008-08-31	$28.80M	6.22%
2008-05-31	$27.12M	7.70%
2008-02-29	$25.18M	-

Neogen generated $220.98M in revenue during Q3 2025, up -4.44% compared to the previous quarter, and up 96.23% compared to the same period a year ago.

Neogen Revenue Breakdown

Neogen Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	May 25	May 24	May 23	May 22	May 21
Product	$797.32M	$821.82M	$715.08M	$424.66M	$376.30M
Service	$97.35M	$102.40M	$107.37M	$102.50M	$92.16M

Neogen's latest annual revenue breakdown by segment (product or service), as of May 25: Product (89.12%), and Service (10.88%).

Quarterly Revenue by Product

Product/Service	May 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	Aug 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21	Feb 21	Nov 20	Aug 20
Product	$200.76M	$196.49M	$207.55M	$192.52M	$211.37M	$202.18M	$203.87M	$204.40M	$214.28M	$190.69M	$203.32M	$106.79M	$112.96M	$101.57M	$106.11M	$104.01M	$103.01M	$92.82M	$92.54M	$87.94M
Service	$24.70M	$24.49M	$23.71M	$24.45M	$25.42M	$26.63M	$25.76M	$24.59M	$27.53M	$27.57M	$26.72M	$25.56M	$27.13M	$26.68M	$24.41M	$24.29M	$24.41M	$23.89M	$22.46M	$21.39M

Neogen's latest quarterly revenue breakdown by segment (product or service), as of May 25: Product (89.05%), and Service (10.95%).

Neogen Revenue Breakdown by Country

Annual Revenue by Country

Country	May 25	May 24	May 23	May 22	May 21
Non-US	$448.73M	$458.98M	$398.44M	$209.34M	$183.20M
UNITED STATES	$445.94M	$465.24M	$424.00M	$317.82M	$285.26M
Product	-	-	-	$424.66M	-
Service	-	-	-	$102.50M	-

Neogen's latest annual revenue breakdown by geography, as of May 25: Non-US (50.16%), and UNITED STATES (49.84%).

Quarterly Revenue by Country

Country	May 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	Aug 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21	Feb 21	Nov 20	Aug 20
UNITED STATES	$112.43M	$115.36M	$113.76M	$104.38M	$116.39M	$124.23M	$113.55M	$111.07M	$119.03M	$109.92M	$114.41M	$80.64M	$86.37M	$77.30M	$76.38M	$77.78M	$77.72M	$70.39M	$69.83M	$67.32M
Non-US	$113.03M	$105.61M	$117.50M	$112.58M	$120.40M	$104.59M	$116.08M	$117.92M	$122.78M	$108.34M	$115.62M	$51.71M	$53.73M	$50.95M	$54.14M	$50.53M	$49.71M	$46.32M	$45.17M	$42.00M
Product	-	-	-	-	-	-	-	-	-	$190.69M	-	-	-	-	-	-	-	-	-	-
Service	-	-	-	-	-	-	-	-	-	$27.57M	-	-	-	-	-	-	-	-	-	-

Neogen's latest quarterly revenue breakdown by geography, as of May 25: Non-US (50.13%), and UNITED STATES (49.87%).

Neogen Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ICUI	ICU Medical	$2.38B	$604.70M
QGEN	Qiagen	$1.97B	$458.80M
CNMD	CONMED	$1.31B	$342.35M
MMSI	Merit Medical Systems	$1.30B	$382.46M
SHC	Sotera Health	$1.10B	$254.52M
NEOG	Neogen	$894.66M	$220.98M
EXPO	Exponent	$558.51M	$141.96M
ACRS	Aclaris Therapeutics	$18.72M	$1.46M
OFIX	Orthofix Medical	-	$203.12M

NEOG Revenue FAQ

What is Neogen’s yearly revenue?

Neogen's yearly revenue for 2025 was $894.66M, representing a decrease of -3.20% compared to 2024. The company's yearly revenue for 2024 was $924.22M, representing an increase of 12.37% compared to 2023. NEOG's yearly revenue for 2023 was $822.45M, representing an increase of 56.01% compared to 2022.

What is Neogen’s quarterly revenue?

Neogen's quarterly revenue for Q3 2025 was $220.98M, a -4.44% decrease from the previous quarter (Q2 2025), and a -3.42% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $231.26M, a 6.59% increase from the previous quarter (Q1 2025), and a 0.71% increase year-over-year (Q2 2024). NEOG's quarterly revenue for Q1 2025 was $216.96M, a -8.37% decrease from the previous quarter (Q4 2024), and a -5.25% decrease year-over-year (Q1 2024).

What is Neogen’s revenue growth rate?

Neogen's revenue growth rate for the last 3 years (2023-2025) was 8.78%, and for the last 5 years (2021-2025) was 90.98%.

What are Neogen’s revenue streams?

Neogen's revenue streams in y 25 are Product, and Service. Product generated $797.32M in revenue, accounting 89.12% of the company's total revenue, down -2.98% year-over-year. Service generated $97.35M in revenue, accounting 10.88% of the company's total revenue, down -4.94% year-over-year.

What is Neogen’s main source of revenue?

For the fiscal year ending May 25, the largest source of revenue of Neogen was Product. This segment made a revenue of $797.32M, representing 89.12% of the company's total revenue.