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
DateValue
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