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Neogen (NEOG) R&D spending by quarter

Neogen's R&D spending was $6.5M in Q1 FY27 (first quarter fiscal 2027), +33% from Q4 FY26. Over the last 7 quarters it ranged from $3.8M (Q3 FY26) to $6.5M (Q1 FY27).

Neogen R&D spending by quarterNeogen R&D spending by quarter$4.5MQ3 FY25$6.3MQ4 FY25$5.1MQ1 FY26$4.6MQ2 FY26$3.8MQ3 FY26$4.9MQ4 FY26$6.5MQ1 FY27
QuarterR&D spendingQ/QY/Y
Q1 FY27$6.5M+33%+27%
Q4 FY26$4.9M+29%-22%
Q3 FY26$3.8M-17%-16%
Q2 FY26$4.6M-11%—
Q1 FY26$5.1M-19%—
Q4 FY25$6.3M+40%—
Q3 FY25$4.5M——

Q1 FY27 at a glance

Neogen, Q1 FY27: revenue $223M (+6% year over year), operating margin -0.8%, net loss $11.9M, operating cash flow $12.9M. The chart follows the revenue to costs, profit and cash.

Questions

What is Neogen's R&D spending?

Neogen's R&D spending was $6.5M in Q1 FY27 (first quarter fiscal 2027), +33% from Q4 FY26.

How has Neogen's R&D spending changed?

Over the last 7 quarters it ranged from $3.8M (Q3 FY26) to $6.5M (Q1 FY27).

Q1 FY27 results → · How Neogen makes money →