Flagship explainer

How Neogen Corporation makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$895M · 100%Cost of revenue$473M · 53%Gross profit$421M · 47%Operating income−$1.1B · −119%Income before tax−$1.1B · −127%Income tax−$41.1M · −5%Net income−$1.1B · −122%As of 2025-05-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$895M100%
Cost of revenue$473M53%
$421M47%
−$1.1B−119%
Income before tax−$1.1B−127%
Income tax−$41.1M−5%
−$1.1B−122%
Source: · event May 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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