NEOGEN CORP

For the period ended May 31, 2025. Filed Jul 30, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Jul 30, 2025

NEOG$12.08+2.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

(in thousands, except shares)

	Year Ended May 31,
	2025	2024	2023
Revenues
Product revenues	$797,315	$821,821	$715,076
Service revenues	97,346	102,401	107,371
Total Revenues	894,661	924,222	822,447
Cost of Revenues
Cost of product revenues	411,460	401,079	354,707
Cost of service revenues	61,825	59,243	61,785
Cost of Revenues	473,285	460,322	416,492
Gross Profit	421,376	463,900	405,955
Operating Expenses
Sales and marketing	183,798	182,872	141,222
General and administrative	218,167	199,889	201,179
Goodwill impairment	1,059,321	—	—
Research and development	21,087	22,476	26,039
Total Operating Expenses	1,482,373	405,237	368,440
Operating Loss (Income)	(1,060,997)	58,663	37,515
Other Expense
Interest income	3,110	6,362	3,166
Interest expense	(71,622)	(73,394)	(55,961)
Other, net	(3,601)	(5,936)	(6,762)
Total Other Expense	(72,113)	(72,968)	(59,557)
Loss Before Taxes	(1,133,110)	(14,305)	(22,042)
Income Tax (Benefit) Expense	(41,066)	(4,884)	828
Net Loss	$(1,092,044)	$(9,421)	$(22,870)
Net Loss Per Share
Basic	$(5.03)	$(0.04)	$(0.12)
Diluted	$(5.03)	$(0.04)	$(0.12)
Weighted Average Shares Outstanding
Basic	216,894,861	216,481,878	188,880,836
Diluted	216,894,861	216,481,878	188,880,836

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.