Qiagen (QGEN) Operating Expenses (2009 - 2025)
Qiagen (QGEN) posted Operating Expenses of $225.8 million for Q4 2025, up 11.74% sequentially from $202.1 million in Q3 2025, and up 5.43% YoY from $214.2 million in Q4 2024.
Qiagen (QGEN) Operating Expenses (2009 - 2025) Analysis & Trends
Qiagen (QGEN) has 17 years of Operating Expenses data on file, last reported at $225.8 million in Q4 2025.
- Quarterly Operating Expenses rose 5.43% year-over-year to $225.8 million in Q4 2025, while the trailing twelve-month figure through Mar 2026 was $640.3 million (down 26.14% YoY) and the FY2025 annual result came in at $833.6 million, down 4.14% from the prior year.
- Operating Expenses rose to $225.8 million in Q4 2025 per QGEN's latest filing, from $202.1 million in the prior quarter.
- The five-year high for Operating Expenses was $263.2 million in Q2 2024, with the low at $193.3 million in Q1 2025.
- Average Operating Expenses over 5 years is $210.3 million, with a median of $207.9 million recorded in 2022.
- Year-over-year, Operating Expenses grew 27.32% in 2024 and retreated 19.31% in 2025.
- Qiagen's Operating Expenses stood at $200.7 million in 2021, then rose by 6.11% to $213.0 million in 2022, then decreased by 3.51% to $205.5 million in 2023, then grew by 4.24% to $214.2 million in 2024, then rose by 5.43% to $225.8 million in 2025.
- Business Quant data shows QGEN's Operating Expenses at $225.8 million in Q4 2025, $202.1 million in Q3 2025, and $212.4 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 790.16 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 1.44 Bn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Qiagen | 8.12 Bn | 7.47 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 225.83 Mn |
| Sep 30, 2025 | 202.10 Mn |
| Jun 30, 2025 | 212.38 Mn |
| Mar 31, 2025 | 193.33 Mn |
| Dec 31, 2024 | 214.19 Mn |
| Sep 30, 2024 | 196.20 Mn |
| Jun 30, 2024 | 263.20 Mn |
| Mar 31, 2024 | 196.04 Mn |
| Dec 31, 2023 | 205.49 Mn |
| Sep 30, 2023 | 200.78 Mn |
| Jun 30, 2023 | 206.72 Mn |
| Mar 31, 2023 | 210.77 Mn |
| Dec 31, 2022 | 212.95 Mn |
| Sep 30, 2022 | 223.39 Mn |
| Jun 30, 2022 | 208.86 Mn |
| Mar 31, 2022 | 207.90 Mn |
| Dec 31, 2021 | 200.68 Mn |
| Jun 30, 2021 | 207.92 Mn |
| Mar 31, 2021 | 206.79 Mn |
| Dec 31, 2020 | 217.52 Mn |