Neogen Corporation
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-7.9M | $-1.09B | $-9.4M | $-22.9M | $48.3M | $60.9M | $59.5M | $60.2M |
| Depreciation & Amortization | $116.3M | $119.5M | $116.7M | $88.4M | $23.7M | $21.0M | $18.4M | $17.6M |
| Depreciation | $24.4M | $25.6M | $21.8M | $17.3M | $14.1M | $13.3M | $11.9M | $11.3M |
| Amortization | $91.8M | $93.9M | $94.9M | $71.1M | $9.6M | $7.8M | $6.5M | $6.3M |
| Stock-Based Compensation | $13.4M | $17.3M | $13.8M | $10.2M | $7.2M | $6.4M | $6.5M | $5.5M |
| Net Cash from Operating Activities | $83.2M | $58.2M | $35.3M | $41.0M | $68.0M | $81.1M | $85.9M | $63.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $51.3M | $104.6M | $111.4M | $65.8M | $24.4M | $26.7M | $24.1M | $14.7M |
| Business Acquisitions | — | $0 | $0 | $-11.7M | $38.7M | $50.8M | $13.2M | $6.4M |
| Net Cash from Investing Activities | $70.5M | $-99.2M | $-29.3M | $201.0M | $-97.2M | $-105.6M | $-88.8M | $-119.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | $3.1M |
| Net Cash from Financing Activities | $-99.4M | $-1.6M | $1.9M | $-118.1M | $6.8M | $33.5M | $29.4M | $13.9M |
| Net Change in Cash | $56.5M | $-41.6M | $7.4M | $118.8M | $-31.1M | $9.3M | $24.6M | $-41.4M |
| Free Cash Flow | $31.9M | $-46.4M | $-76.1M | $-24.7M | $43.6M | $54.4M | $61.8M | $49.2M |