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Lantheus vs Neogen: revenue, profit, margins and growth compared

Lantheus brought in $1.5B of revenue in fiscal 2025, Neogen $870.4M in fiscal 2026. Revenue changed by +0.5% at Lantheus and -2.7% at Neogen on the year before, so Lantheus grew faster. Lantheus kept 15.2% of its revenue as net profit, Neogen -0.9%. Free cash flow was $354.1M at Lantheus and $31.9M at Neogen.

Side by side, latest fiscal year

LNTHNEOG
Fiscal year endedFY2025 (December 31, 2025)FY2026 (May 31, 2026)
Revenue$1.5B$870.4M
Revenue growth+0.5%-2.7%
Net income$233.6M-$7.9M
Net margin15.2%-0.9%
Free cash flow$354.1M$31.9M
Free cash flow margin23.0%3.7%
Earnings per share (diluted)$3.41-$0.04
Cash$359.1M$185.5M
Debt$738K$793.7M
Price to earnings29.3n/a
Market value$6.5B$3B
Dividend yieldn/an/a
Rank by revenue in sector#118 of 523 · Health care#156 of 523 · Health care

Over the years

Revenue
LNTH FY2018: $343.4MLNTH FY2019: $347.3MLNTH FY2020: $339.4MLNTH FY2021: $425.2MLNTH FY2022: $935.1MLNTH FY2023: $1.3BLNTH FY2024: $1.5BLNTH FY2025: $1.5BNEOG FY2019: $414.2MNEOG FY2020: $418.2MNEOG FY2021: $468.5MNEOG FY2022: $527.2MNEOG FY2023: $822.4MNEOG FY2024: $924.2MNEOG FY2025: $894.7MNEOG FY2026: $870.4MFY18FY19FY20FY21FY22FY23FY24FY25FY26
LNTH $1.5BNEOG $870.4M
Net income
LNTH FY2018: $40.5MLNTH FY2019: $31.7MLNTH FY2020: -$13.5MLNTH FY2021: -$71.3MLNTH FY2022: $28.1MLNTH FY2023: $326.7MLNTH FY2024: $312.4MLNTH FY2025: $233.6MNEOG FY2019: $60.2MNEOG FY2020: $59.5MNEOG FY2021: $60.9MNEOG FY2022: $48.3MNEOG FY2023: -$22.9MNEOG FY2024: -$9.4MNEOG FY2025: -$1.1BNEOG FY2026: -$7.9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
LNTH $233.6MNEOG -$7.9M
Net margin
LNTH FY2018: 11.8%LNTH FY2019: 9.1%LNTH FY2020: -4.0%LNTH FY2021: -16.8%LNTH FY2022: 3.0%LNTH FY2023: 25.2%LNTH FY2024: 20.4%LNTH FY2025: 15.2%NEOG FY2019: 14.5%NEOG FY2020: 14.2%NEOG FY2021: 13.0%NEOG FY2022: 9.2%NEOG FY2023: -2.8%NEOG FY2024: -1.0%NEOG FY2025: -122.1%NEOG FY2026: -0.9%FY18FY19FY20FY21FY22FY23FY24FY25FY26
LNTH 15.2%NEOG -0.9%
Revenue growth
LNTH FY2019: +1.2%LNTH FY2020: -2.3%LNTH FY2021: +25.3%LNTH FY2022: +119.9%LNTH FY2023: +38.6%LNTH FY2024: +18.3%LNTH FY2025: +0.5%NEOG FY2020: +1.0%NEOG FY2021: +12.0%NEOG FY2022: +12.5%NEOG FY2023: +56.0%NEOG FY2024: +12.4%NEOG FY2025: -3.2%NEOG FY2026: -2.7%FY19FY20FY21FY22FY23FY24FY25FY26
LNTH +0.5%NEOG -2.7%
Free cash flow
LNTH FY2018: $41.1MLNTH FY2019: $58.3MLNTH FY2020: $16.4MLNTH FY2021: $53.9MLNTH FY2022: $21.8MLNTH FY2023: $259.9MLNTH FY2024: $493.1MLNTH FY2025: $354.1MNEOG FY2019: $49.2MNEOG FY2020: $61.8MNEOG FY2021: $54.4MNEOG FY2022: $43.6MNEOG FY2023: -$24.7MNEOG FY2024: -$76.1MNEOG FY2025: -$46.4MNEOG FY2026: $31.9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
LNTH $354.1MNEOG $31.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Lantheus and Neogen

Which is bigger by revenue, Lantheus or Neogen?

Lantheus is bigger by revenue: $1.5B in fiscal 2025, against $870.4M for Neogen in fiscal 2026.

Which keeps more of its revenue as profit, Lantheus or Neogen?

Lantheus had a net margin of 15.2% in fiscal 2025; Neogen had -0.9% in fiscal 2026.

Which grew revenue faster, Lantheus or Neogen?

In their latest fiscal years revenue changed by +0.5% at Lantheus and -2.7% at Neogen.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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