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 has reported Operating Expenses for 17 years, with the latest figure 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.
- Over five years, Operating Expenses peaked at $263.2 million in Q2 2024 and troughed at $193.3 million in Q1 2025.
- A 5-year average of $210.3 million and a median of $207.9 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses advanced 27.32% in 2024, then declined 19.31% in 2025.
- Over 5 years, Operating Expenses stood at $200.7 million in 2021, then increased by 6.11% to $213.0 million in 2022, then retreated by 3.51% to $205.5 million in 2023, then climbed by 4.24% to $214.2 million in 2024, then increased by 5.43% to $225.8 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $225.8 million, $202.1 million, and $212.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 828.54 Mn |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 1.44 Bn |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 637.00 Mn |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 353.52 Mn |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 525.00 Mn |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 321.77 Mn |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 582.30 Mn |
| 10 | Qiagen | 9.49 Bn | 8.72 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 |
| 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 |
| Sep 30, 2020 | 276.27 Mn |