← NEOGEN CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $321.3m | $361.6m | $402.3m | $414.2m | $418.2m | $468.5m | $527.2m | $822.4m | $924.2m | $894.7m | |
| Revenue from Contract with Customer, Including Assessed Tax | $321.3m | $361.6m | $402.3m | $414.2m | $418.2m | $468.5m | $527.2m | $822.4m | $924.2m | $894.7m | |
| Cost of Revenue | $168.2m | $189.6m | $212.0m | $222.3m | $221.9m | $253.4m | $284.1m | $416.5m | $460.3m | $473.3m | |
| Gross Profit | $153.1m | $172.0m | $190.3m | $191.9m | $196.3m | $215.1m | $243.0m | $406.0m | $463.9m | $421.4m | |
| Operating Expenses | $96.7m | $107.0m | $120.1m | $123.8m | $128.8m | $140.9m | $184.4m | $368.4m | $405.2m | $1.5b | |
| Operating Income (Loss) | $56.4m | $64.9m | $70.2m | $68.1m | $67.5m | $74.2m | $58.6m | $37.5m | $58.7m | ($1.1b) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $5.1m | $5.9m | $6.7m | $6.3m | $6.5m | $7.8m | $9.6m | $71.1m | $94.9m | $93.9m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | — | — | ($5.2m) | ($3.7m) | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | $0 | — | $556k | $1.1b | |
| Interest Income, Other | — | — | — | — | — | — | — | — | — | $3.1m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $55.5m | $66.7m | $73.5m | $73.0m | $72.3m | $75.3m | $60.2m | ($22.0m) | ($14.3m) | ($1.1b) | |
| Net Income (Loss) Attributable to Parent | $36.6m | $43.8m | $63.1m | $60.2m | $59.5m | $60.9m | $48.3m | ($22.9m) | ($9.4m) | ($1.1b) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($26k) | $180k | $70k | $0 | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $0.98 | $1.16 | $1.23 | $1.16 | $1.13 | $0.57 | $0.45 | ($0.12) | ($0.04) | ($5.03) | |
| Earnings Per Share, Diluted | $0.97 | $1.14 | $1.21 | $1.15 | $1.13 | $0.57 | $0.45 | ($0.12) | ($0.04) | ($5.03) | |
| Weighted Average Number of Shares Outstanding, Basic | 37.4m | 37.9m | 51.4m | 51.9m | 52.5m | 106.5m | 107.7m | 188.9m | 216.5m | 216.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 37.9m | 38.4m | 52.1m | 52.4m | 52.9m | 107.1m | 108.0m | 188.9m | 216.5m | 216.9m | |
| Research and Development Expense | $9.9m | $10.4m | $10.9m | $12.8m | $14.8m | $16.2m | $17.0m | $26.0m | $22.5m | $21.1m | |
| General and Administrative Expense | $29.2m | $34.2m | $38.3m | $40.8m | $44.3m | $51.2m | $82.7m | $201.2m | $199.9m | $218.2m | |
| Other Nonoperating Income (Expense) | ($1.4m) | $701k | $1.1m | $32k | ($1.2m) | ($515k) | $322k | ($6.8m) | ($5.9m) | ($3.6m) | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | $16.1m | $20.1m | $24.6m | $15.7m | |
| Environmental Remediation Expense | — | — | — | — | — | — | $305k | — | — | — | |
| Interest Expense | — | — | — | — | — | — | — | $27.3m | $42.2m | $38.1m | |
| Interest Expense, Debt | — | — | — | — | — | — | — | $26.1m | $30.2m | — | |
| Selling and Marketing Expense | $57.6m | $62.4m | $70.9m | $70.2m | $69.7m | $73.4m | $84.6m | $141.2m | $182.9m | $183.8m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | $5.5m | $5.3m | $4.9m | $5.5m | $6.5m | $6.4m | $7.2m | $10.2m | $13.8m | $17.3m | |
| Income Tax Expense (Benefit) | $19.0m | $22.7m | $10.2m | $12.8m | $12.8m | $14.4m | $11.9m | $828k | ($4.9m) | ($41.1m) | |
| Interest Income (Expense), Nonoperating, Net | — | — | $2.0m | $4.7m | $6.0m | $1.6m | $1.3m | $3.2m | $6.4m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.