Neogen Corp balance sheet

At the end of fiscal 2026, Neogen Corp had total assets of $3.35bn, total liabilities of $1.25bn and shareholders' equity of $2.09bn. It held $186m in cash against $800m of debt: net debt of $615m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Neogen Corp: balance sheet, annual
Fiscal year	2010May 2010	2011May 2011	2012May 2012	2013May 2013	2014May 2014	2015May 2015	2016May 2016	2017May 2017	2018May 2018	2019May 2019	2020May 2020	2021May 2021	2022May 2022	2023May 2023	2024May 2024	2025May 2025	2026May 2026	LTMAug 2026
Cash and equivalents	23	36	49	50	41	66	55	78	83	42	66	76	44	163	171	129	186	172
Receivables	—	29	36	39	52	59	68	69	79	83	85	92	100	153	173	153	147	136
Inventory	—	32	35	38	51	52	64	73	76	86	95	101	122	134	189	191	144	146
Total current assets	—	123	144	168	189	231	248	293	376	450	537	591	627	586	589	577	605	583
Goodwill	53	52	53	59	68	70	89	105	100	104	110	131	143	2,137	2,136	1,065	1,047	1,048
Total assets	180	220	252	291	345	392	450	528	618	696	797	920	993	4,554	4,549	3,444	3,346	3,303
Accounts payable	—	9	11	9	13	14	16	16	21	19	26	24	35	77	83	80	79	78
Deferred revenue (current)	—	—	—	—	—	—	—	—	—	—	—	3	5	5	5	6	4	4
Total current liabilities	—	18	20	18	25	25	29	36	39	38	48	54	78	145	154	174	158	150
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2	19	0	—
Long-term debt	—	—	—	—	—	—	—	—	—	—	—	—	0	885	888	875	794	774
Total debt	0	5	3	2	2	—	2	3	0	0	0	0	0	900	902	902	800	774
Total liabilities	—	31	33	32	39	41	46	57	58	58	72	80	106	1,420	1,405	1,373	1,253	1,217
Shareholders' equity	153	189	219	258	306	351	404	472	560	638	725	840	887	3,134	3,144	2,071	2,093	2,086
Net debt (negative = net cash)	−23	−31	−46	−48	−39	−66	−53	−74	−83	−42	−66	−76	−44	737	732	773	615	602
Shares outstanding	—	93m	94m	—	110m	—	—	102m	103m	104m	106m	107m	108m	216m	217m	217m	218m	218m

US$ millions unless shown otherwise. Fiscal quarters.

Neogen Corp: balance sheet, quarterly
Quarter	2025 Q2Nov 2024	2025 Q3Feb 2025	2025 Q4May 2025	2026 Q1Aug 2025	2026 Q2Nov 2025	2026 Q3Feb 2026	2026 Q4May 2026	2027 Q1Aug 2026
Receivables	164	160	153	138	132	137	147	136
Inventory	198	205	191	193	163	162	144	146
Total current assets	570	552	577	524	575	590	605	583
Goodwill	1,673	1,672	1,065	1,066	1,046	1,048	1,047	1,048
Total assets	4,054	4,036	3,444	3,378	3,360	3,359	3,346	3,303
Accounts payable	80	72	80	77	63	75	79	78
Deferred revenue (current)	6	6	6	6	4	4	4	4
Total current liabilities	151	141	174	146	147	151	158	150
Short-term debt	—	—	19	—	—	—	0	—
Long-term debt	890	891	875	793	793	793	794	774
Total debt	890	891	894	793	793	793	794	774
Total liabilities	1,385	1,376	1,373	1,260	1,255	1,257	1,253	1,217
Shareholders' equity	2,669	2,660	2,071	2,119	2,104	2,102	2,093	2,086
Shares outstanding	217m	217m	217m	217m	218m	218m	218m	218m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Neogen Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Neogen Corp.