Neogen Corporation
Cash Flow Statement
| Line Item | Feb 2026 | Nov 2025 | Aug 2025 | Feb 2025 | Nov 2024 | Aug 2024 | Feb 2024 | Nov 2023 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-17.0M | $-15.9M | $36.3M | $-10.9M | $-456.3M | $-12.6M | $-2.0M | $-3.5M |
| Depreciation & Amortization | — | — | $29.1M | — | — | $29.8M | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | $23.7M | $23.7M |
| Stock-Based Compensation | — | — | $5.0M | — | — | $4.0M | — | — |
| Net Cash from Operating Activities | $22.7M | $19.4M | $10.9M | $19.5M | $40.3M | $-17.9M | $-30.2M | $15.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $11.6M | $11.7M | $24.0M | $32.9M | $17.2M | $38.4M | $32.1M | $24.4M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | — | $97.7M | — | — | $-33.7M | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | — | $-99.4M | — | — | $979.0K | — | — |
| Net Change in Cash | — | — | $9.9M | — | — | $-50.1M | — | — |
| Free Cash Flow | $11.1M | $7.8M | $-13.1M | $-13.4M | $23.1M | $-56.3M | $-62.3M | $-8.7M |