Qiagen (QGEN) Cost of Revenue (2009 - 2025)
Qiagen's (QGEN) quarterly Cost of Revenue came in at $200.2 million in Q4 2025, up 14.82% year-on-year from $174.4 million in Q4 2024, and up 6.63% quarter-over-quarter from $187.8 million in Q3 2025.
Qiagen (QGEN) Cost of Revenue (2009 - 2025) Analysis & Trends
Qiagen has disclosed Cost of Revenue across 17 years of filings, most recently posting $200.2 million for Q4 2025.
- Cost of Revenue for Q4 2025 came in at $200.2 million, up 14.82% year-over-year; the trailing twelve-month figure through Dec 2025 was $748.6 million (down 22.63% YoY), and the FY2025 annual result was $790.5 million, up 75.31% from the prior year.
- Cost of Revenue came in at $200.2 million for Q4 2025 at Qiagen, up from $187.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $461.6 million in Q2 2024 to a low of $151.7 million in Q1 2024.
- The 5-year median for Cost of Revenue is $177.0 million (2023), against an average of $191.2 million.
- Across the five-year window, Cost of Revenue jumped 177.0% in 2024 and slumped 56.83% in 2025, its largest moves.
- Qiagen's Cost of Revenue stood at $193.1 million in 2021, then fell by 14.33% to $165.5 million in 2022, then grew by 6.98% to $177.0 million in 2023, then dropped by 1.48% to $174.4 million in 2024, then advanced by 14.82% to $200.2 million in 2025.
- The last three Cost of Revenue figures came in at $200.2 million (Q4 2025), $187.8 million (Q3 2025), and $199.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,010.71 Bn | 30,010.25 Bn | 1.11 Bn | 155.00 Mn |
| 2 | Thermo Fisher Scientific | 179.46 Bn | 176.21 Bn | 7.74 Bn | 3.26 Bn |
| 3 | Danaher | 130.33 Bn | 124.64 Bn | 3.59 Bn | 2.36 Bn |
| 4 | Idexx Laboratories | 44.44 Bn | 44.24 Bn | 722.74 Mn | 175.25 Mn |
| 5 | Agilent Technologies | 37.27 Bn | 35.46 Bn | 990.00 Mn | 845.00 Mn |
| 6 | Iqvia Holdings | 30.70 Bn | 28.73 Bn | 1.36 Bn | 2.80 Bn |
| 7 | Natera | 30.59 Bn | 29.49 Bn | 696.04 Mn | 608,000.00 |
| 8 | Illumina | 24.86 Bn | 23.71 Bn | 721.00 Mn | 370.00 Mn |
| 9 | Mettler Toledo International | 23.06 Bn | 23.00 Bn | 555.82 Mn | 118.74 Mn |
| 10 | Qiagen | 8.54 Bn | 7.44 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 200.24 Mn |
| Dec 31, 2025 | 200.24 Mn |
| Sep 30, 2025 | 187.78 Mn |
| Sep 30, 2025 | 187.78 Mn |
| Jun 30, 2025 | 199.25 Mn |
| Jun 30, 2025 | 199.25 Mn |
| Mar 31, 2025 | 161.29 Mn |
| Mar 31, 2025 | 161.29 Mn |
| Dec 31, 2024 | 174.40 Mn |
| Dec 31, 2024 | 174.40 Mn |
| Sep 30, 2024 | 179.82 Mn |
| Sep 30, 2024 | 179.82 Mn |
| Jun 30, 2024 | 461.58 Mn |
| Jun 30, 2024 | 461.58 Mn |
| Mar 31, 2024 | 151.73 Mn |
| Mar 31, 2024 | 151.73 Mn |
| Dec 31, 2023 | 177.02 Mn |
| Dec 31, 2023 | 177.02 Mn |
| Sep 30, 2023 | 161.86 Mn |
| Sep 30, 2023 | 161.86 Mn |