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 213.77 Bn 209.71 Bn 8.34 Bn 9.91 Bn
2 Danaher 139.78 Bn 135.43 Bn 3.61 Bn 2.48 Bn
3 Idexx Laboratories 46.04 Bn 45.85 Bn 779.09 Mn 353.52 Mn
4 Agilent Technologies 39.68 Bn 37.88 Bn 990.00 Mn 1.44 Bn
5 Iqvia Holdings 39.34 Bn 37.26 Bn 1.44 Bn 637.00 Mn
6 Natera 38.75 Bn 37.65 Bn 696.04 Mn 790.16 Mn
7 Illumina 29.90 Bn 28.73 Bn 770.00 Mn 525.00 Mn
8 Mettler Toledo International 28.58 Bn 28.53 Bn 650.22 Mn 321.77 Mn
9 Quest Diagnostics 26.18 Bn 25.55 Bn 1.03 Bn 2.58 Bn
10 Qiagen 8.62 Bn 8.61 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