Neogen annual r&d spending
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2026
Neogen R&D Spending Growth & History (NEOG)
Neogen's r&d spending was $18.4M for fiscal 2026.
View full Neogen company overviewNeogen annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | $18.4M | −$2.7M | −12.80% |
| 2025 | 2025-05-31 | $21.1M | −$1.4M | −6.22% |
| 2024 | 2024-05-31 | $22.5M | −$3.5M | −13.59% |
| 2023 | 2023-05-31 | $26.0M | $9.0M | +52.73% |
| 2022 | 2022-05-31 | $17.0M | $802,000 | +4.94% |
| 2021 | 2021-05-31 | $16.2M | $1.5M | +10.15% |
| 2020 | 2020-05-31 | $14.8M | $1.9M | +15.19% |
| 2019 | 2019-05-31 | $12.8M | $1.9M | +17.96% |
| 2018 | 2018-05-31 | $10.9M | $470,000 | +4.53% |
| 2017 | 2017-05-31 | $10.4M | $495,000 | +5.01% |
| 2016 | 2016-05-31 | $9.9M | $313,000 | +3.27% |
| 2015 | 2015-05-31 | $9.6M | $1.3M | +15.03% |
| 2014 | 2014-05-31 | $8.3M | $545,000 | +7.00% |
| 2013 | 2013-05-31 | $7.8M | $1.1M | +17.25% |
| 2012 | 2012-05-31 | $6.6M | −$189,000 | −2.77% |
| 2011 | 2011-05-31 | $6.8M | $567,000 | +9.06% |
| 2010 | 2010-05-31 | $6.3M | — | — |
Neogen quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | $4.9M | −$1.4M | −21.95% |
| Q3 2026 | 2026-02-28 | $3.8M | −$700,000 | −15.56% |
| Q2 2026 | 2025-11-30 | $4.6M | −$545,000 | −10.67% |
| Q1 2026 | 2025-08-31 | $5.1M | −$74,000 | −1.42% |
| Q4 2025 | 2025-05-31 | $6.3M | $1.1M | +21.75% |
| Q3 2025 | 2025-02-28 | $4.5M | −$353,000 | −7.27% |
| Q2 2025 | 2024-11-30 | $5.1M | −$648,000 | −11.26% |
| Q1 2025 | 2024-08-31 | $5.2M | −$1.5M | −22.66% |
| Q4 2024 | 2024-05-31 | $5.2M | −$1.9M | −26.72% |
| Q3 2024 | 2024-02-29 | $4.9M | −$2.4M | −33.14% |
| Q2 2024 | 2023-11-30 | $5.8M | −$1.1M | −15.92% |
| Q1 2024 | 2023-08-31 | $6.7M | $1.8M | +37.72% |
| Q4 2023 | 2023-05-31 | $7.1M | $3.2M | +84.13% |
| Q3 2023 | 2023-02-28 | $7.3M | $2.7M | +59.13% |
| Q2 2023 | 2022-11-30 | $6.8M | $2.5M | +58.03% |
| Q1 2023 | 2022-08-31 | $4.9M | $556,000 | +12.86% |
| Q4 2022 | 2022-05-31 | $3.8M | −$246,000 | −6.03% |
| Q3 2022 | 2022-02-28 | $4.6M | $325,000 | +7.67% |
| Q2 2022 | 2021-11-30 | $4.3M | $276,000 | +6.80% |
| Q1 2022 | 2021-08-31 | $4.3M | $447,000 | +11.53% |
| Q4 2021 | 2021-05-31 | $4.1M | $619,000 | +17.90% |
| Q3 2021 | 2021-02-28 | $4.2M | $413,000 | +10.80% |
| Q2 2021 | 2020-11-30 | $4.1M | $275,000 | +7.27% |
| Q1 2021 | 2020-08-31 | $3.9M | $190,000 | +5.15% |
| Q4 2020 | 2020-05-31 | $3.5M | −$112,000 | −3.14% |
| Q3 2020 | 2020-02-29 | $3.8M | $574,000 | +17.67% |
| Q2 2020 | 2019-11-30 | $3.8M | $614,000 | +19.39% |
| Q1 2020 | 2019-08-31 | $3.7M | $869,000 | +30.83% |
| Q4 2019 | 2019-05-31 | $3.6M | $1.6M | +82.70% |
| Q3 2019 | 2019-02-28 | $3.2M | $413,000 | +14.56% |
| Q2 2019 | 2018-11-30 | $3.2M | $200,000 | +6.74% |
| Q1 2019 | 2018-08-31 | $2.8M | −$279,000 | −9.01% |
| Q4 2018 | 2018-05-31 | $2.0M | −$344,000 | −14.97% |
| Q3 2018 | 2018-02-28 | $2.8M | $195,000 | +7.38% |
| Q2 2018 | 2017-11-30 | $3.0M | $199,000 | +7.19% |
| Q1 2018 | 2017-08-31 | $3.1M | $420,000 | +15.68% |
| Q4 2017 | 2017-05-31 | $2.3M | $50,000 | +2.22% |
| Q3 2017 | 2017-02-28 | $2.6M | $190,000 | +7.75% |
| Q2 2017 | 2016-11-30 | $2.8M | $150,000 | +5.73% |
| Q1 2017 | 2016-08-31 | $2.7M | $105,000 | +4.08% |
| Q4 2016 | 2016-05-31 | $2.2M | −$85,000 | −3.64% |
| Q3 2016 | 2016-02-29 | $2.5M | $85,000 | +3.59% |
| Q2 2016 | 2015-11-30 | $2.6M | $144,000 | +5.82% |
| Q1 2016 | 2015-08-31 | $2.6M | $169,000 | +7.03% |
| Q4 2015 | 2015-05-31 | $2.3M | $502,000 | +27.42% |
| Q3 2015 | 2015-02-28 | $2.4M | $260,000 | +12.35% |
| Q2 2015 | 2014-11-30 | $2.5M | $171,000 | +7.43% |
| Q1 2015 | 2014-08-31 | $2.4M | $318,000 | +15.24% |
| Q4 2014 | 2014-05-31 | $1.8M | −$49,000 | −2.61% |
| Q3 2014 | 2014-02-28 | $2.1M | $124,000 | +6.26% |
| Q2 2014 | 2013-11-30 | $2.3M | $310,000 | +15.55% |
| Q1 2014 | 2013-08-31 | $2.1M | $160,000 | +8.31% |
| Q4 2013 | 2013-05-31 | $1.9M | $220,000 | +13.25% |
| Q3 2013 | 2013-02-28 | $2.0M | $228,000 | +13.00% |
| Q2 2013 | 2012-11-30 | $2.0M | $283,000 | +16.55% |
| Q1 2013 | 2012-08-31 | $1.9M | $414,000 | +27.38% |
| Q4 2012 | 2012-05-31 | $1.7M | $75,000 | +4.73% |
| Q3 2012 | 2012-02-29 | $1.8M | −$48,000 | −2.66% |
| Q2 2012 | 2011-11-30 | $1.7M | $69,000 | +4.20% |
| Q1 2012 | 2011-08-31 | $1.5M | −$285,000 | −15.86% |
| Q4 2011 | 2011-05-31 | $1.6M | — | — |
| Q3 2011 | 2011-02-28 | $1.8M | — | — |
| Q2 2011 | 2010-11-30 | $1.6M | — | — |
| Q1 2011 | 2010-08-31 | $1.8M | — | — |
Neogen r&d spending trends
Over the last five fiscal years, Neogen's r&d spending increased from $16.2M to $18.4M, a change of $2.2M. The latest reported quarter, Q4 2026, shows $4.9M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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