Neogen (NEOG) Revenue & Revenue Breakdown

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Neogen Revenue Highlights

Latest Revenue (Y)

$924.22M

Latest Revenue (Q)

$216.96M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Neogen Revenue by Period

Neogen Revenue by Year

Date	Revenue	Change
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 $924.22M in revenue during NA 2024, up 12.37% compared to the previous quarter, and up 223.14% compared to the same period a year ago.

Neogen Revenue by Quarter

Date	Revenue	Change
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 $216.96M in revenue during Q1 2025, up -8.37% compared to the previous quarter, and up 89.72% compared to the same period a year ago.

Neogen Revenue Breakdown

Neogen Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	May 24	May 23	May 22	May 21	May 20
Product	$821.82M	$715.08M	$424.66M	$376.30M	$335.54M
Service	$102.40M	$107.37M	$102.50M	$92.16M	$82.63M

Neogen's latest annual revenue breakdown by segment (product or service), as of May 24: Product (88.92%), and Service (11.08%).

Quarterly Revenue by Product

Product/Service	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	Feb 20	Nov 19	Aug 19
Product	$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	$77.74M	$87.39M	$81.95M
Service	$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	$22.13M	$20.42M	$19.48M

Neogen's latest quarterly revenue breakdown by segment (product or service), as of Aug 24: Product (88.73%), and Service (11.27%).

Neogen Revenue Breakdown by Country

Annual Revenue by Country

Country	May 24	May 23	May 22	May 21	May 20
UNITED STATES	$465.24M	$424.00M	$317.82M	$285.26M	$253.46M
Non-US	$458.98M	$398.44M	$209.34M	$183.20M	$164.71M
Service	-	-	$102.50M	-	-
Product	-	-	$424.66M	-	-

Neogen's latest annual revenue breakdown by geography, as of May 24: UNITED STATES (50.34%), and Non-US (49.66%).

Quarterly Revenue by Country

Country	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	Feb 20	Nov 19	Aug 19
Non-US	$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	$40.11M	$44.49M	$38.08M
UNITED STATES	$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	$59.76M	$63.32M	$63.34M
Service	-	-	-	-	-	-	$27.57M	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	-	-	-	-	-	-	$190.69M	-	-	-	-	-	-	-	-	-	-	-	-	-

Neogen's latest quarterly revenue breakdown by geography, as of Aug 24: Non-US (51.89%), and UNITED STATES (48.11%).

Neogen Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FONR	FONAR	$102.88B	$25.94M
IQV	IQVIA	$14.98B	$3.90B
ICLR	ICON Public Limited Company	$8.12B	$2.09B
QGEN	Qiagen	$1.97B	$458.80M
MEDP	Medpace	$1.89B	$533.32M
RDNT	RadNet	$1.62B	$461.14M
SHC	Sotera Health Company	$1.05B	$285.47M
NEOG	Neogen	$924.22M	$216.96M
MYGN	Myriad Genetics	$678.40M	$191.90M
BNR	Burning Rock Biotech	$537.43M	$125.62M
XGN	Exagen	$52.55M	$15.06M
ACRS	Aclaris Therapeutics	$31.25M	$4.35M
SERA	Sera Prognostics	$306.00K	$24.00K

NEOG Revenue FAQ

What is Neogen’s yearly revenue?

Neogen's yearly revenue for 2024 was $924.22M, representing an increase of 12.37% compared to 2023. The company's yearly revenue for 2023 was $822.45M, representing an increase of 56.01% compared to 2022. NEOG's yearly revenue for 2022 was $527.16M, representing an increase of 12.53% compared to 2021.

What is Neogen’s quarterly revenue?

Neogen'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). The company's quarterly revenue for Q4 2024 was $236.79M, a 3.49% increase from the previous quarter (Q3 2024), and a -2.07% decrease year-over-year (Q4 2023). NEOG's quarterly revenue for Q3 2024 was $228.81M, a -0.36% decrease from the previous quarter (Q2 2024), and a 4.84% increase year-over-year (Q3 2023).

What is Neogen’s revenue growth rate?

Neogen's revenue growth rate for the last 3 years (2022-2024) was 75.32%, and for the last 5 years (2020-2024) was 121.02%.

What are Neogen’s revenue streams?

Neogen's revenue streams in y 24 are Product, and Service. Product generated $821.82M in revenue, accounting 88.92% of the company's total revenue, up 14.93% year-over-year. Service generated $102.4M in revenue, accounting 11.08% of the company's total revenue, down -4.63% year-over-year.

What is Neogen’s main source of revenue?

For the fiscal year ending May 24, the largest source of revenue of Neogen was Product. This segment made a revenue of $821.82M, representing 88.92% of the company's total revenue.