Qiagen (QGEN) Research & Development (2009 - 2025)
Qiagen (QGEN) posted Research & Development of $120.7 million for Q4 2025, up 7.02% sequentially from $112.8 million in Q3 2025, and up 6.05% YoY from $113.9 million in Q4 2024.
Qiagen (QGEN) Research & Development (2009 - 2025) Analysis & Trends
Qiagen has reported Research & Development for 17 years, with the latest figure at $120.7 million in Q4 2025.
- Quarterly Research & Development rose 6.05% year-over-year to $120.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $458.0 million (up 1.57% YoY) and the FY2025 annual result came in at $458.0 million, up 1.57% from the prior year.
- Research & Development rose to $120.7 million in Q4 2025 per QGEN's latest filing, from $112.8 million in the prior quarter.
- Over five years, Research & Development peaked at $122.2 million in Q4 2022 and troughed at $106.3 million in Q1 2025.
- A 5-year average of $115.1 million and a median of $114.6 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2021 and 2025: Research & Development climbed 18.8% in 2021, then slipped 4.31% in 2025.
- Over 5 years, Research & Development stood at $119.4 million in 2021, then grew by 2.4% to $122.2 million in 2022, then slipped by 3.9% to $117.5 million in 2023, then slipped by 3.08% to $113.9 million in 2024, then climbed by 6.05% to $120.7 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $120.7 million, $112.8 million, and $118.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.77 Bn | 209.71 Bn | 8.34 Bn | 364.00 Mn |
| 2 | Danaher | 139.78 Bn | 135.43 Bn | 3.61 Bn | 412.00 Mn |
| 3 | Idexx Laboratories | 46.04 Bn | 45.85 Bn | 779.09 Mn | 171.28 Mn |
| 4 | Agilent Technologies | 39.68 Bn | 37.88 Bn | 990.00 Mn | 126.00 Mn |
| 5 | Iqvia Holdings | 39.34 Bn | 37.26 Bn | 1.44 Bn | - |
| 6 | Natera | 38.75 Bn | 37.65 Bn | 696.04 Mn | 210.70 Mn |
| 7 | Illumina | 29.90 Bn | 28.73 Bn | 770.00 Mn | 252.00 Mn |
| 8 | Mettler Toledo International | 28.58 Bn | 28.53 Bn | 650.22 Mn | 52.99 Mn |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | - |
| 10 | Qiagen | 8.62 Bn | 8.61 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 120.74 Mn |
| Sep 30, 2025 | 112.82 Mn |
| Jun 30, 2025 | 118.10 Mn |
| Mar 31, 2025 | 106.33 Mn |
| Dec 31, 2024 | 113.86 Mn |
| Sep 30, 2024 | 111.26 Mn |
| Jun 30, 2024 | 114.69 Mn |
| Mar 31, 2024 | 111.12 Mn |
| Dec 31, 2023 | 117.48 Mn |
| Sep 30, 2023 | 111.46 Mn |
| Jun 30, 2023 | 116.33 Mn |
| Mar 31, 2023 | 114.64 Mn |
| Dec 31, 2022 | 122.24 Mn |
| Sep 30, 2022 | 114.58 Mn |
| Jun 30, 2022 | 118.89 Mn |
| Mar 31, 2022 | 118.50 Mn |
| Dec 31, 2021 | 119.38 Mn |
| Jun 30, 2021 | 110.39 Mn |
| Mar 31, 2021 | 113.76 Mn |
| Dec 31, 2020 | 121.38 Mn |