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Neogen vs Alpha Teknova: revenue, profit, margins and growth compared

Neogen brought in $870.4M of revenue in fiscal 2026, Alpha Teknova $40.5M in fiscal 2025. Revenue changed by -2.7% at Neogen and +7.4% at Alpha Teknova on the year before, so Alpha Teknova grew faster. Neogen kept -0.9% of its revenue as net profit, Alpha Teknova -42.6%. Free cash flow was $31.9M at Neogen and -$9.8M at Alpha Teknova.

Side by side, latest fiscal year

NEOGTKNO
Fiscal year endedFY2026 (May 31, 2026)FY2025 (December 31, 2025)
Revenue$870.4M$40.5M
Revenue growth-2.7%+7.4%
Net income-$7.9M-$17.3M
Net margin-0.9%-42.6%
Free cash flow$31.9M-$9.8M
Free cash flow margin3.7%-24.2%
Earnings per share (diluted)-$0.04-$0.32
Cash$185.5M$5.9M
Debt$793.7M$13.1M
Price to earningsn/an/a
Market valuen/a$500.9M
Dividend yieldn/an/a
Rank by revenue in sector#156 of 523 · Health care#376 of 523 · Health care

Over the years

Revenue
NEOG FY2019: $414.2MNEOG FY2020: $418.2MNEOG FY2021: $468.5MNEOG FY2022: $527.2MNEOG FY2023: $822.4MNEOG FY2024: $924.2MNEOG FY2025: $894.7MNEOG FY2026: $870.4MTKNO FY2021: $31.3MTKNO FY2021: $36.9MTKNO FY2022: $41.4MTKNO FY2023: $36.7MTKNO FY2024: $37.7MTKNO FY2025: $40.5MFY19FY20FY21FY22FY23FY24FY25FY26
NEOG $870.4MTKNO $40.5M
Net income
NEOG FY2019: $60.2MNEOG FY2020: $59.5MNEOG FY2021: $60.9MNEOG FY2022: $48.3MNEOG FY2023: -$22.9MNEOG FY2024: -$9.4MNEOG FY2025: -$1.1BNEOG FY2026: -$7.9MTKNO FY2021: $3.6MTKNO FY2021: -$9.8MTKNO FY2022: -$47.5MTKNO FY2023: -$36.8MTKNO FY2024: -$26.7MTKNO FY2025: -$17.3MFY19FY20FY21FY22FY23FY24FY25FY26
NEOG -$7.9MTKNO -$17.3M
Net margin
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%TKNO FY2021: 11.4%TKNO FY2021: -26.6%TKNO FY2022: -114.6%TKNO FY2023: -100.3%TKNO FY2024: -70.9%TKNO FY2025: -42.6%FY19FY20FY21FY22FY23FY24FY25FY26
NEOG -0.9%TKNO -42.6%
Revenue growth
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%TKNO FY2021: +17.9%TKNO FY2022: +12.3%TKNO FY2023: -11.4%TKNO FY2024: +2.9%TKNO FY2025: +7.4%FY20FY21FY22FY23FY24FY25FY26
NEOG -2.7%TKNO +7.4%
Free cash flow
NEOG FY2019: $49.2MNEOG FY2020: $61.8MNEOG FY2021: $54.4MNEOG FY2022: $43.6MNEOG FY2023: -$24.7MNEOG FY2024: -$76.1MNEOG FY2025: -$46.4MNEOG FY2026: $31.9MTKNO FY2021: -$3MTKNO FY2021: -$28.9MTKNO FY2022: -$55.5MTKNO FY2023: -$26.7MTKNO FY2024: -$13.5MTKNO FY2025: -$9.8MFY19FY20FY21FY22FY23FY24FY25FY26
NEOG $31.9MTKNO -$9.8M

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

Questions about Neogen and Alpha Teknova

Which is bigger by revenue, Neogen or Alpha Teknova?

Neogen is bigger by revenue: $870.4M in fiscal 2026, against $40.5M for Alpha Teknova in fiscal 2025.

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

Neogen had a net margin of -0.9% in fiscal 2026; Alpha Teknova had -42.6% in fiscal 2025.

Which grew revenue faster, Neogen or Alpha Teknova?

In their latest fiscal years revenue changed by -2.7% at Neogen and +7.4% at Alpha Teknova.

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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