Qiagen N.V. (QGEN) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$0.6	$0.6	0.0%	—	—	—
Q2 26	$0.54	$0.54	0.0%	—	—	—
Q1 26	$0.62	$0.62	0.0%	—	—	—
Q4 25	$0.63	$0.63	0.0%	—	—	—
Q3 25	$0.54	$0.58	+7.4%	—	—	—
Q2 25	$0.65	$0.64	-1.5%	—	—	—
Q1 25	$0.59	$0.62	+5.1%	—	—	—
Q4 24	$0.56	$0.6	+7.1%	—	—	—
Q3 24	$0.47	$0.5	+6.4%	—	—	—
Q2 24	$0.6	$0.6	0.0%	—	—	—
Q1 24	$0.48	$0.5	+4.2%	—	—	—
Q4 23	$0.56	$0.57	+1.8%	—	—	—
Q3 23	$0.51	$0.57	+11.8%	—	—	—
Q2 23	$0.47	$0.53	+12.8%	—	—	—
Q1 23	$0.45	$0.53	+17.8%	—	—	—
Q4 22	$0.51	$0.57	+11.8%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.06	—	—	$2.1B	—
FY24	—	$0.41	—	—	$2B	—
FY23	—	$1.55	—	—	$2B	—
FY22	—	$1.92	—	—	$2.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.3B	$1.4B	$1.5B	$1.5B	$1.9B	$2.3B	$2.1B	$2B	$2B	$2.1B
YoY change	+4.45%	+5.95%	+5.95%	+1.64%	+22.5%	+20.4%	-4.89%	-8.23%	+0.66%	+5.65%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.3B	1.4B	1.5B	1.5B	1.9B	2.3B	2.1B	2B	2B	2.1B
Cost of revenue	493.3M	495M	500.9M	521.2M	637.6M	800.8M	757M	731.6M	1B	790.5M
Gross profit	844.7M	922.6M	1B	1B	1.2B	1.5B	1.4B	1.2B	967.4M	1.3B
Gross margin	63.1%	65.1%	66.6%	65.9%	65.9%	64.4%	64.7%	62.8%	48.9%	62.2%
Research & development	149.8M	154.1M	161.9M	157.4M	149.1M	190M	189.9M	198.5M	193.5M	187.5M
Selling, general & administrative	556.9M	477.6M	496.8M	504.2M	525.4M	584.5M	603.9M	579.2M	564.4M	583.7M
Operating expenses	706.7M	631.7M	658.7M	661.6M	674.4M	774.4M	793.8M	777.7M	757.9M	771.2M
Operating income	98.8M	251.4M	303.2M	313.7M	537.5M	657.8M	576.2M	445.2M	199.9M	520.3M
Operating margin	7.39%	17.7%	20.2%	20.5%	28.7%	29.2%	26.9%	22.7%	10.1%	24.9%
Non-operating income, net	-9.7M	-98M	-31M	-339.4M	-36.7M	12.9M	-38M	-41M	-102.9M	-61.1M
Pretax income	56.9M	114.4M	225.7M	-77.8M	439.5M	625.8M	512.6M	429.8M	121.1M	490.3M
Income tax	-23.4M	74M	35.4M	-36.3M	80.3M	113.2M	89.4M	88.5M	37.6M	65.4M
Net income	80.3M	40.4M	190.4M	-41.5M	359.2M	512.6M	423.2M	341.3M	83.6M	424.9M
Net margin	6%	2.85%	12.7%	-2.72%	19.2%	22.8%	19.8%	17.4%	4.23%	20.3%
EBITDA	309M	478.5M	536.1M	567.7M	866.8M	923M	824.1M	723.9M	470.4M	771.7M
EPS	0.37	0.18	0.87	-0.19	0.33	2.33	1.92	1.55	0.41	2.06
Diluted EPS	0.36	0.18	0.85	-0.19	0.32	2.28	1.9	1.53	0.4	2.04

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	475.9M	509.2M	458.8M	496.3M	501.9M	521.2M	483.5M	533.5M	532.6M	540.4M	492.3M	535M
Cost of revenue	177.9M	193.1M	167.8M	461.6M	193.6M	187.9M	174.8M	199.3M	201.3M	215.2M	182.7M	194.7M
Gross profit	298M	316.1M	291M	34.8M	308.3M	333.3M	308.7M	334.3M	331.3M	325.3M	309.6M	340.4M
Gross margin	62.6%	62.1%	63.4%	7%	61.4%	63.9%	63.8%	62.7%	62.2%	60.2%	62.9%	63.6%
Research & development	47.9M	46M	51.3M	49.1M	44.5M	48.6M	43.8M	47.8M	48.7M	47.2M	48.3M	50.4M
Selling, general & administrative	140.1M	146M	138.7M	143.3M	140.7M	141.7M	137.9M	148.7M	143.1M	153.9M	142.4M	146.8M
Operating expenses	188M	191.9M	190M	192.4M	185.1M	190.3M	181.7M	196.5M	191.9M	201.1M	190.6M	197.2M
Operating income	107.2M	121.5M	98.2M	-160.4M	120.8M	141.2M	125.2M	136M	137.3M	121.9M	116.6M	140.8M
Operating margin	22.5%	23.9%	21.4%	-32.3%	24.1%	27.1%	25.9%	25.5%	25.8%	22.6%	23.7%	26.3%
Non-operating income, net	-14.7M	-9.4M	-3.4M	-69.1M	-11.2M	-19.3M	-13.7M	-15.4M	-9.4M	-22.6M	-30.3M	-8.1M
Pretax income	99.8M	118.9M	102.3M	-223.5M	116.5M	125.9M	119.5M	126.8M	134.7M	109.2M	85.8M	132.1M
Income tax	22M	21.2M	21.6M	-40M	18.4M	37.5M	28.8M	30.6M	4.7M	1.3M	17.8M	28.7M
Net income	77.8M	97.7M	80.7M	-183.5M	98.1M	88.3M	90.8M	96.3M	130M	107.8M	68M	103.4M
Net margin	16.4%	19.2%	17.6%	-37%	19.5%	16.9%	18.8%	18%	24.4%	20%	13.8%	19.3%
EBITDA	173.4M	193.8M	170.2M	-91.1M	186.7M	204.6M	184.4M	200.6M	202M	191.1M	180.3M	201.9M
EPS	0.34	0.44	0.37	-0.85	0.45	0.43	0.44	0.46	0.63	0.52	0.33	0.5
Diluted EPS	0.34	0.43	0.37	-0.85	0.45	0.42	0.43	0.46	0.63	0.52	0.33	0.5

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	6.4B	6.8B	7.5B	7.5B	11.7B	12.2B	11B	9.6B	9.1B	9.8B	9.3B
Enterprise value	6.9B	7.5B	8.3B	8.4B	12.9B	13.1B	11.5B	10.1B	9.4B	10.5B	10B
Shares outstanding	219.1M	219.8M	218.7M	220.9M	221.6M	220.3M	220.7M	221.3M	205.3M	206.4M	206.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	79.5	168.3	39.6	—	32.6	23.9	26	28.2	109.4	23	22.8
P/S	4.77	4.8	5.02	4.89	6.26	5.44	5.14	4.89	4.62	4.67	4.43
P/B	2.45	2.68	2.86	2.94	4.19	3.95	3.18	2.52	2.56	2.59	2.77
EV/EBITDA	22.4	15.8	15.5	14.9	14.9	14.2	13.9	13.9	20	13.6	13.6
EV/Sales	5.17	5.32	5.54	5.53	6.92	5.84	5.36	5.13	4.75	5.02	4.75
Earnings yield	1.26%	0.59%	2.53%	—	3.07%	4.19%	3.84%	3.55%	0.91%	4.35%	4.38%
FCF yield	3.88%	2.39%	2.77%	0.75%	1.31%	3.53%	5.14%	3.09%	5.49%	4.58%	4.01%
PEG	—	—	—	—	—	—	—	—	—	—	2.87

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	63.1%	65.1%	66.6%	65.9%	65.9%	64.4%	64.7%	62.8%	48.9%	62.2%	63.6%
Operating margin	7.39%	17.7%	20.2%	20.5%	28.7%	29.2%	26.9%	22.7%	10.1%	24.9%	26.3%
Net margin	6%	2.85%	12.7%	-2.72%	19.2%	22.8%	19.8%	17.4%	4.23%	20.3%	19.5%
ROE	3.08%	1.59%	7.23%	-1.63%	12.8%	16.6%	12.2%	8.96%	2.34%	11.2%	11.9%
ROA	1.86%	0.8%	3.31%	-0.79%	6.12%	8.34%	6.73%	5.58%	1.47%	6.76%	5.87%
ROIC	3.14%	2.7%	7.49%	8.94%	10.9%	13.5%	12.1%	8.26%	3.6%	10%	10.9%
Return on tangible assets	-12.2%	287.1%	32.8%	13.4%	-115.6%	269%	85.8%	310%	36.2%	396.9%	-202.3%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	3.36	5.07	2.22	1.65	2.84	1.39	2.46	1.99	3.61	3.9	2.85
Quick ratio	2.92	4.59	2.05	1.47	2.33	1.17	2.09	1.62	3.09	3.31	2.31
Debt / equity	0.41	0.69	0.83	0.68	0.7	0.63	0.54	0.4	0.4	0.48	0.49
Debt / assets	0.25	0.35	0.38	0.33	0.33	0.32	0.3	0.25	0.25	0.29	0.28
Net debt / EBITDA	1.73	1.55	1.46	1.71	1.42	0.97	0.56	0.66	0.56	0.92	1.1
Interest coverage	2.46	3.3	4.35	-0.05	7.16	12.5	9.78	9.05	3.76	15.7	12.7
Effective tax rate	0%	64.7%	15.7%	0%	18.3%	18.1%	17.4%	20.6%	31%	13.3%	11.4%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	6.11	6.45	6.87	6.91	8.44	10.2	9.7	8.88	9.64	10.1	10.2
EPS (basic)	0.37	0.18	0.87	-0.19	0.33	2.33	1.92	1.55	0.41	2.06	2.06
EPS (diluted)	0.36	0.18	0.85	-0.19	0.32	2.28	1.9	1.53	0.4	2.04	1.97
Book value per share	11.9	11.6	12	11.5	12.6	14.1	15.7	17.2	17.4	18.3	16.3
FCF per share	1.13	0.74	0.95	0.25	0.69	1.96	2.56	1.34	2.45	2.17	2.12
Cash per share	2.43	4.63	6.37	3.41	3.23	4.84	6.42	4.78	5.62	5.33	3.84
Capex per share	0.34	0.41	0.5	0.53	0.6	0.86	0.59	0.68	0.81	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	5.57%	6.35%	7.31%	7.73%	7.1%	8.43%	6.03%	7.62%	8.45%	—	—
Capex / operating cash flow	26.4%	31.8%	29.8%	81.6%	22.1%	26.1%	19.7%	29.6%	36%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	12.8%	17.8%
Dividend yield	—	—	—	—	—	—	—	—	—	0.56%	0.79%

Yield

0.79%

trailing twelve months

Frequency

Annual

Last dividend

$0.35

ex-dividend Jul 7, 2026

Payout ratio

18%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 7, 2026	$0.35
Jul 2, 2025	$0.25
Jan 30, 2024	$1.3577

Split history

Date	Ratio
Jan 25, 2017	962:1000
Jul 14, 2000	4:1
Jul 16, 1999	2:1

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$475.9M	$509.2M	$458.8M	$496.3M	$501.9M	$521.2M	$483.5M	$533.5M	$532.6M	$540.4M	$492.3M	$535M
YoY change	-4.75%	+2.24%	-5.48%	+0.3%	+5.46%	+2.36%	+5.37%	+7.49%	+6.12%	+3.69%	+1.83%	+0.28%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	532.2M	1B	1.4B	753.2M	715.2M	1.1B	1.4B	1.1B	1.2B	1.1B
Receivables	278.2M	329.1M	351.6M	385.1M	380.5M	362.1M	323.8M	381.9M	349.3M	402.6M
Inventory	136.6M	155.9M	162.9M	170.7M	291.2M	327.5M	358M	398.4M	279.3M	301.9M
Total current assets	1B	1.6B	2.2B	1.6B	1.6B	2.1B	2.4B	2.1B	2B	2B
Property, plant & equipment	135.6M	165.4M	188.9M	114.2M	196.5M	266.3M	299.4M	382.2M	372.1M	667.7M
Goodwill & intangibles	5B	5B	5.2B	5.5B	6.2B	6B	5.8B	6B	5.5B	6.2B
Total assets	4.3B	5B	5.7B	5.2B	5.9B	6.1B	6.3B	6.1B	5.7B	6.3B
Accounts payable	51.2M	59.2M	69.4M	84.8M	118.2M	101.2M	98.7M	84.2M	83.3M	72.7M
Short-term debt	999K	1.4M	503.1M	304M	66M	869.7M	411.8M	610.2M	77.8M	28.8M
Total current liabilities	308.4M	324.8M	972.2M	951.3M	572.2M	1.5B	974.5M	1.1B	543.6M	512.1M
Long-term debt	1.1B	1.8B	1.7B	1.4B	1.9B	1.1B	1.5B	921.8M	1.3B	1.8B
Total liabilities	1.7B	2.5B	3.1B	2.7B	3.1B	3.1B	2.8B	2.3B	2.1B	2.5B
Shareholders' equity	2.6B	2.5B	2.6B	2.5B	2.8B	3.1B	3.5B	3.8B	3.6B	3.8B
Total debt	1.1B	1.8B	2.2B	1.7B	1.9B	2B	1.9B	1.5B	1.4B	1.8B
Net debt	628.9M	1.1B	1B	1.1B	1.3B	1.1B	1.2B	864M	752.3M	973.4M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	1B	1.1B	893.1M	890.2M	1.5B	1.2B	963.4M	953.8M	1.7B	1.1B	646.3M	793.5M
Receivables	326.7M	381.9M	343.9M	355.3M	345.6M	349.3M	340.7M	385.8M	375.6M	402.6M	396.6M	389.9M
Inventory	399.2M	398.4M	401.7M	321.8M	321.7M	279.3M	281.4M	292.6M	290.2M	301.9M	309.6M	311.4M
Total current assets	2B	2.1B	1.9B	1.8B	2.5B	2B	1.7B	1.8B	2.5B	2B	1.5B	1.7B
Property, plant & equipment	-549M	382.2M	-529.2M	-530.9M	-564.7M	372.1M	-549M	-603.6M	-621.3M	667.7M	-481M	-502.2M
Goodwill & intangibles	6B	6B	5.9B	5.6B	5.6B	5.5B	5.5B	5.7B	5.7B	6.2B	6.1B	6.1B
Total assets	5.9B	6.1B	5.8B	5.6B	6.3B	5.7B	5.5B	5.8B	6.6B	6.3B	5.8B	5.9B
Accounts payable	76.9M	84.2M	75.3M	76.1M	79M	83.3M	69.7M	82.3M	74.8M	72.7M	78.3M	79.1M
Short-term debt	100.6M	610.2M	590.5M	492.7M	555.3M	77.8M	55.7M	559.2M	499.6M	28.8M	—	16.5M
Total current liabilities	524.4M	1.1B	1B	1B	1.1B	543.6M	516.9M	1.1B	973.4M	512.1M	479.1M	581.4M
Long-term debt	1.4B	921.8M	912.8M	908.9M	1.4B	1.3B	1.4B	884.8M	1.6B	1.8B	1.6B	1.6B
Total liabilities	2.2B	2.3B	2.2B	2.2B	2.7B	2.1B	2.1B	2.3B	2.9B	2.5B	2.5B	2.5B
Shareholders' equity	3.7B	3.8B	3.6B	3.4B	3.5B	3.6B	3.4B	3.5B	3.6B	3.8B	3.3B	3.4B
Total debt	1.5B	1.5B	1.5B	1.4B	1.9B	1.4B	1.4B	1.4B	2.1B	1.8B	1.6B	1.6B
Net debt	903M	864M	989.7M	868M	946.9M	752.3M	769.6M	710.2M	771.6M	973.4M	1B	875.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	80.3M	40.4M	190.4M	-41.5M	359.2M	512.6M	423.2M	341.3M	83.6M	424.9M
Depreciation & amortization	213.1M	216.4M	206.4M	231.5M	205M	214.9M	208.4M	205.3M	203.3M	193.7M
Stock-based compensation	28.3M	34.4M	40.1M	65.9M	40.9M	38.4M	49.5M	47.1M	43.6M	50.4M
Change in working capital	-9M	-85.4M	-71.9M	-82.9M	-51.2M	-72.2M	-73M	-135.8M	129.9M	5.3M
Operating cash flow	282.1M	283M	368.5M	144.6M	601.3M	726.3M	654.9M	506.5M	464.1M	654.3M
Capital expenditure	-74.5M	-90M	-109.8M	-118M	-132.8M	-189.9M	-129.2M	-149.7M	-167.2M	—
Investing cash flow	-159.7M	-429.9M	-170.4M	-65.3M	-271.8M	-185.8M	-706.7M	-74.6M	-245.2M	-98.2M
Dividends paid	—	—	—	—	—	—	—	—	—	-54.2M
Share repurchases	0	-61M	-104.7M	-74.5M	-64M	-100M	0	0	-292.1M	—
Financing cash flow	-10.6M	341.8M	288M	-773.8M	-174M	-150.4M	-125.8M	-470.6M	-422.9M	-179M
Net change in cash	111.8M	194.9M	486.1M	-694.6M	155.4M	390.1M	-177.6M	-38.7M	-203.9M	377.2M
Free cash flow	247.7M	162.4M	208.7M	56M	153.6M	432.5M	565.9M	296.7M	502.3M	447.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	77.8M	97.7M	80.7M	-183.5M	98.1M	88.3M	90.8M	96.3M	130M	107.8M	68M	103.4M
Depreciation & amortization	50.6M	51.6M	54.3M	53.4M	50M	45.6M	43.9M	49.5M	51M	49.4M	51.2M	50.6M
Stock-based compensation	13.1M	12M	13.8M	10.1M	8.8M	10.8M	12.3M	10.8M	10.7M	16.6M	9.7M	7M
Change in working capital	-28.6M	-52.4M	-18.3M	25.8M	49.8M	14.6M	39.5M	-5.8M	-5M	-23.3M	-25.2M	52.2M
Operating cash flow	120.7M	139.5M	133.1M	-107.6M	209.2M	171.6M	190.3M	161.4M	165M	188.1M	100.6M	200.7M
Capital expenditure	-35.9M	-51.5M	-36.5M	-38.2M	-43.7M	-48.7M	-43.9M	—	—	—	—	—
Investing cash flow	253.5M	-57.7M	8.3M	-17.2M	-230.4M	-5.8M	120.4M	65.4M	-106.5M	-154.9M	260M	-25M
Dividends paid	—	—	—	—	—	—	—	—	—	1K	—	—
Share repurchases	—	—	—	—	—	—	—	—	0	—	—	—
Financing cash flow	-437.9M	-7.4M	-292.1M	266.3M	-302.9M	-196.9M	-286.7M	252.1M	-76.3M	-758.4M	-503.7M	488.3M
Net change in cash	-63.6M	74.4M	-150.8M	141.5M	-324.2M	-31.1M	24M	479M	-17.7M	-725.2M	-143.1M	663.9M
Free cash flow	83.6M	99.1M	94.7M	127.7M	138M	141.9M	95.5M	120.6M	114.6M	116.6M	52.1M	157.3M

Qiagen N.V. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement