Qiagen (QGEN) Operating Expenses (2009 - 2026)
Qiagen's (QGEN) quarterly Operating Expenses came in at $51.2 million in Q1 2026, down 73.51% year-on-year from $193.3 million in Q1 2025, and down 77.32% quarter-over-quarter from $225.8 million in Q4 2025.
Qiagen (QGEN) Operating Expenses (2009 - 2026) Analysis & Trends
Qiagen has disclosed Operating Expenses across 18 years of filings, most recently posting $51.2 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $51.2 million, down 73.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $691.5 million (down 20.23% YoY), and the FY2025 annual result was $833.6 million, down 4.14% from the prior year.
- Operating Expenses came in at $51.2 million for Q1 2026 at Qiagen, down from $225.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $263.2 million in Q2 2024 to a low of $51.2 million in Q1 2026.
- The 5-year median for Operating Expenses is $207.9 million (2022), against an average of $201.8 million.
- Across the five-year window, Operating Expenses jumped 320.22% in 2022 and tumbled 73.51% in 2026, its largest moves.
- Qiagen's Operating Expenses stood at $213.0 million in 2022, then declined by 3.51% to $205.5 million in 2023, then gained by 4.24% to $214.2 million in 2024, then climbed by 5.43% to $225.8 million in 2025, then slumped by 77.32% to $51.2 million in 2026.
- The last three Operating Expenses figures came in at $51.2 million (Q1 2026), $225.8 million (Q4 2025), and $202.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 1.44 Bn |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 790.16 Mn |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Qiagen | 8.54 Bn | 7.44 Bn | - | 51.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.21 Mn |
| 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 |
| Sep 30, 2021 | 53.16 Mn |
| Jun 30, 2021 | 207.92 Mn |