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Side-by-side financial comparison of BIOMERICA INC (BMRA) and NEOGEN CORP (NEOG). Click either name above to swap in a different company.

NEOGEN CORP is the larger business by last-quarter revenue ($224.7M vs $1.2M, roughly 185.7× BIOMERICA INC). NEOGEN CORP runs the higher net margin — -7.1% vs -109.1%, a 102.0% gap on every dollar of revenue. On growth, NEOGEN CORP posted the faster year-over-year revenue change (-2.8% vs -26.0%). Over the past eight quarters, BIOMERICA INC's revenue compounded faster (9.1% CAGR vs -0.9%).

Biomerica Inc. is a global medical technology company that develops, manufactures and markets diagnostic test kits and related medical products. Its portfolio covers gastrointestinal conditions, infectious diseases, food intolerances and point-of-care testing solutions, serving clinical labs, healthcare providers and retail healthcare segments across North America, Europe and Asia.

Neogen Corporation is an international food safety company that provides test kits and relevant products to detect dangerous substances in food. The company was founded in 1982 and is based in Lansing, Michigan. The company serves a wide range of countries including Canada, United States, the United Kingdom, parts of Europe, Mexico and Brazil, India, and China, among others. The company operates a product line of over 100 drug detection test kits worldwide for the detection of about 300 abuse...

BMRA vs NEOG — Head-to-Head

Bigger by revenue
NEOG
NEOG
185.7× larger
NEOG
$224.7M
$1.2M
BMRA
Growing faster (revenue YoY)
NEOG
NEOG
+23.2% gap
NEOG
-2.8%
-26.0%
BMRA
Higher net margin
NEOG
NEOG
102.0% more per $
NEOG
-7.1%
-109.1%
BMRA
Faster 2-yr revenue CAGR
BMRA
BMRA
Annualised
BMRA
9.1%
-0.9%
NEOG

Income Statement — Q2 2026 vs Q2 2026

Metric
BMRA
BMRA
NEOG
NEOG
Revenue
$1.2M
$224.7M
Net Profit
$-1.3M
$-15.9M
Gross Margin
4.2%
47.5%
Operating Margin
-113.5%
-2.4%
Net Margin
-109.1%
-7.1%
Revenue YoY
-26.0%
-2.8%
Net Profit YoY
-38.9%
96.5%
EPS (diluted)
$-0.45
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BMRA
BMRA
NEOG
NEOG
Q4 25
$1.2M
$224.7M
Q3 25
$1.4M
$209.2M
Q2 25
$749.0K
$225.4M
Q1 25
$1.1M
$221.0M
Q4 24
$1.6M
$231.3M
Q3 24
$1.8M
$217.0M
Q2 24
$1.1M
$236.8M
Q1 24
$1.0M
$228.8M
Net Profit
BMRA
BMRA
NEOG
NEOG
Q4 25
$-1.3M
$-15.9M
Q3 25
$2.0K
$36.3M
Q2 25
$-1.5M
$-612.3M
Q1 25
$-1.2M
$-10.9M
Q4 24
$-950.0K
$-456.3M
Q3 24
$-1.3M
$-12.6M
Q2 24
$-1.4M
$-5.4M
Q1 24
$-1.9M
$-2.0M
Gross Margin
BMRA
BMRA
NEOG
NEOG
Q4 25
4.2%
47.5%
Q3 25
30.7%
45.4%
Q2 25
-33.0%
41.2%
Q1 25
1.7%
49.9%
Q4 24
26.7%
49.0%
Q3 24
16.0%
48.4%
Q2 24
2.1%
47.9%
Q1 24
-14.7%
51.1%
Operating Margin
BMRA
BMRA
NEOG
NEOG
Q4 25
-113.5%
-2.4%
Q3 25
-81.0%
-7.7%
Q2 25
-209.1%
-271.1%
Q1 25
-108.1%
2.4%
Q4 24
-60.7%
-197.8%
Q3 24
-75.7%
1.0%
Q2 24
-136.6%
5.5%
Q1 24
-196.7%
5.3%
Net Margin
BMRA
BMRA
NEOG
NEOG
Q4 25
-109.1%
-7.1%
Q3 25
0.1%
17.4%
Q2 25
-206.1%
-271.6%
Q1 25
-103.9%
-4.9%
Q4 24
-58.1%
-197.3%
Q3 24
-72.8%
-5.8%
Q2 24
-127.1%
-2.3%
Q1 24
-188.6%
-0.9%
EPS (diluted)
BMRA
BMRA
NEOG
NEOG
Q4 25
$-0.45
$-0.07
Q3 25
$0.00
$0.17
Q2 25
$-0.99
$-2.82
Q1 25
$-0.48
$-0.05
Q4 24
$-0.06
$-2.10
Q3 24
$-0.63
$-0.06
Q2 24
$-2.57
$-0.02
Q1 24
$-0.11
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BMRA
BMRA
NEOG
NEOG
Cash + ST InvestmentsLiquidity on hand
$2.5M
$145.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.4M
$2.1B
Total Assets
$6.0M
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BMRA
BMRA
NEOG
NEOG
Q4 25
$2.5M
$145.3M
Q3 25
$3.1M
$138.9M
Q2 25
$3.1M
$129.0M
Q1 25
$3.1M
$127.7M
Q4 24
$2.4M
$140.2M
Q3 24
$2.8M
$120.5M
Q2 24
$4.2M
$170.9M
Q1 24
$5.3M
$168.4M
Stockholders' Equity
BMRA
BMRA
NEOG
NEOG
Q4 25
$4.4M
$2.1B
Q3 25
$5.2M
$2.1B
Q2 25
$4.1M
$2.1B
Q1 25
$5.5M
$2.7B
Q4 24
$5.1M
$2.7B
Q3 24
$5.3M
$3.1B
Q2 24
$6.6M
$3.1B
Q1 24
$7.8M
$3.1B
Total Assets
BMRA
BMRA
NEOG
NEOG
Q4 25
$6.0M
$3.4B
Q3 25
$6.9M
$3.4B
Q2 25
$5.9M
$3.4B
Q1 25
$7.4M
$4.0B
Q4 24
$7.3M
$4.1B
Q3 24
$7.9M
$4.5B
Q2 24
$9.3M
$4.5B
Q1 24
$10.3M
$4.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BMRA
BMRA
NEOG
NEOG
Operating Cash FlowLast quarter
$-991.0K
$19.4M
Free Cash FlowOCF − Capex
$7.8M
FCF MarginFCF / Revenue
3.5%
Capex IntensityCapex / Revenue
5.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-18.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BMRA
BMRA
NEOG
NEOG
Q4 25
$-991.0K
$19.4M
Q3 25
$-268.0K
$10.9M
Q2 25
$-661.0K
$16.4M
Q1 25
$-1.0M
$19.5M
Q4 24
$-791.0K
$40.3M
Q3 24
$-1.3M
$-17.9M
Q2 24
$-1.0M
$26.7M
Q1 24
$-1.8M
$-30.2M
Free Cash Flow
BMRA
BMRA
NEOG
NEOG
Q4 25
$7.8M
Q3 25
$-13.1M
Q2 25
$349.0K
Q1 25
$-13.4M
Q4 24
$23.1M
Q3 24
$-56.3M
Q2 24
$-1.1M
$2.5M
Q1 24
$-62.3M
FCF Margin
BMRA
BMRA
NEOG
NEOG
Q4 25
3.5%
Q3 25
-6.3%
Q2 25
0.2%
Q1 25
-6.1%
Q4 24
10.0%
Q3 24
-26.0%
Q2 24
-95.5%
1.1%
Q1 24
-27.2%
Capex Intensity
BMRA
BMRA
NEOG
NEOG
Q4 25
5.2%
Q3 25
11.5%
Q2 25
7.1%
Q1 25
14.9%
Q4 24
7.4%
Q3 24
17.7%
Q2 24
2.1%
10.2%
Q1 24
0.0%
14.0%
Cash Conversion
BMRA
BMRA
NEOG
NEOG
Q4 25
Q3 25
-134.00×
0.30×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BMRA
BMRA

Segment breakdown not available.

NEOG
NEOG

Other$109.2M49%
Bacterial And General Sanitation$44.9M20%
Services$25.7M11%
Natural Toxins And Allergens$20.4M9%
Animal Care$8.9M4%
Genomics Services$6.3M3%
Biosecurity Products$4.6M2%
Life Sciences$1.4M1%

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