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
DateValue
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