Qiagen N.V. (QGEN) Income Statement

NYSE: QGENRevenue, profits, margins and EPS over 10 years.

QGEN 2025 at a glance

Fiscal year ended December 31, 2025 · U.S. dollars
Revenue+5.7%
$2.09B
2025 · hover or tap a bar for each year
2016: $1.34B (+4.5%)2017: $1.42B (+5.9%)2018: $1.50B (+5.9%)2019: $1.53B (+1.6%)2020: $1.87B (+22.5%)2021: $2.25B (+20.4%)2022: $2.14B (−4.9%)2023: $1.97B (−8.2%)2024: $1.98B (+0.7%)2025: $2.09B (+5.7%)
20162025
Gross profit+33.5%
$1.29B
2025 · hover or tap a bar for each year
2016: $844.7M (+2.2%)2017: $922.6M (+9.2%)2018: $1.00B (+8.5%)2019: $1.01B (+0.4%)2020: $1.23B (+22.6%)2021: $1.45B (+17.7%)2022: $1.38B (−4.6%)2023: $1.23B (−10.9%)2024: $967.4M (−21.6%)2025: $1.29B (+33.5%)
20162025
Operating income+432.5%
$520.3M
2025 · hover or tap a bar for each year
2016: $98.8M (−44.9%)2017: $153.4M (+55.2%)2018: $266.6M (+73.8%)2019: −$26.1M (−109.8%)2020: $386.4M2021: $630.1M (+63.1%)2022: $531.5M (−15.7%)2023: $409.9M (−22.9%)2024: $97.7M (−76.2%)2025: $520.3M (+432.5%)
20162025
Net income+408.3%
$424.9M
2025 · hover or tap a bar for each year
2016: $80.4M (−38.2%)2017: $40.4M (−49.8%)2018: $190.4M (+371.3%)2019: −$41.5M (−121.8%)2020: $359.2M2021: $512.6M (+42.7%)2022: $423.2M (−17.4%)2023: $341.3M (−19.4%)2024: $83.6M (−75.5%)2025: $424.9M (+408.3%)
20162025
EPS (diluted)+4.7%
$2.47
2025 · hover or tap a bar for each year
2016: $1.28 (+1.6%)2017: $1.39 (+8.6%)2018: $1.50 (+7.9%)2019: $1.61 (+7.3%)2020: $2.40 (+49.1%)2021: $2.97 (+23.8%)2022: $2.64 (−11.1%)2023: $2.30 (−12.9%)2024: $2.36 (+2.6%)2025: $2.47 (+4.7%)
20162025
Net profit margin+16.1 pts
20.3%
2025 · hover or tap a point for each year
2016: 6.0% (−4.2 pts)2017: 2.8% (−3.2 pts)2018: 12.7% (+9.8 pts)2019: −2.7% (−15.4 pts)2020: 19.2% (+21.9 pts)2021: 22.8% (+3.6 pts)2022: 19.8% (−3.0 pts)2023: 17.4% (−2.4 pts)2024: 4.2% (−13.1 pts)2025: 20.3% (+16.1 pts)
20162025

QGEN revenue and net income

RevenueNet incomeNet margin (right axis)

Where QGEN's revenue goes

2025
Revenue
$2.09B100.0%
Cost of revenue
−$798.5M−38.2%
Gross profit
$1.29B61.8%
Research & development
−$187.5M−9.0%
Sales, general & admin
−$583.7M−27.9%
Operating income
$520.3M24.9%
Interest & other expense
−$30.0M−1.4%
Income taxes
−$65.4M−3.1%
Net income
$424.9M20.3%

Each bar shows an amount and its share of revenue. QGEN kept 20.3% of revenue as net income.

QGEN profit margins

GrossOperatingNet

QGEN growth rates

to 2025
1 year3 years5 years10 years
Revenue+5.7%−0.8%+2.2%+5.0%
Gross profit+33.5%−2.3%+0.9%+4.6%
Operating income+432.5%−0.7%+6.1%+11.2%
Net income+408.3%+0.1%+3.4%+12.6%
EPS (diluted)+4.7%−2.2%+0.6%+7.0%

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

QGEN quarterly EPS vs estimates

Reported EPSAnalyst estimate

Qiagen beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 3, 2026 (estimate $0.62).

QGEN income statement

Qiagen N.V. annual income statement
2025202420232022202120202019201820172016
Revenue$2.09B$1.98B$1.97B$2.14B$2.25B$1.87B$1.53B$1.50B$1.42B$1.34B
Cost of revenue$798.5M$1.01B$731.6M$757.0M$800.8M$637.6M$521.2M$500.9M$495.0M$493.3M
Gross profit$1.29B$967.4M$1.23B$1.38B$1.45B$1.23B$1.01B$1.00B$922.6M$844.7M
Research & development$187.5M$193.5M$198.5M$189.9M$190.0M$149.1M$157.4M$161.9M$154.1M$176.1M
Sales, general & admin$583.7M$564.4M$579.2M$603.9M$584.5M$525.4M$504.2M$533.5M$575.7M$530.6M
Total operating expenses$771.2M$869.6M$823.8M$853.1M$820.7M$846.3M$1.03B$734.4M$769.1M$745.8M
Operating income$520.3M$97.7M$409.9M$531.5M$630.1M$386.4M−$26.1M$266.6M$153.4M$98.8M
Interest income$64.3M$68.0M$76.0M$32.8M$9.6M$10.0M$22.1M$20.9M$10.6M$6.8M
Interest expense$33.3M$43.8M$53.4M$58.4M$54.5M$71.3M$74.2M$67.3M$49.7M$39.0M
Income before taxes$490.3M$121.1M$429.8M$512.6M$625.8M$439.5M−$77.8M$225.7M$114.4M$56.9M
Income taxes$65.4M$37.6M$88.5M$89.4M$113.2M$80.3M−$36.3M$35.4M$74.0M−$23.4M
Net income$424.9M$83.6M$341.3M$423.2M$512.6M$359.2M−$41.5M$190.4M$40.4M$80.4M
EBITDA$717.3M$368.3M$688.6M$779.4M$895.2M$715.8M$227.9M$499.5M$380.5M$309.0M
EPS (diluted)$2.47$2.36$2.30$2.64$2.97$2.40$1.61$1.50$1.39$1.28
Gross margin61.8%48.9%62.8%64.7%64.4%65.9%65.9%66.6%65.1%63.1%
Operating margin24.9%4.9%20.9%24.8%28.0%20.7%−1.7%17.8%10.8%7.4%
Net margin20.3%4.2%17.4%19.8%22.8%19.2%−2.7%12.7%2.8%6.0%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in QGEN's financial statements (latest annual report filed March 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

QGEN financial results

In fiscal year 2025 (ended December 31, 2025), Qiagen reported revenue of $2.1 billion, up 5.7% from the year before. It had net income of $424.9 million (up 408.3%), a net profit margin of 20.3%. Diluted earnings per share came to $2.47. Over five years revenue grew at an average rate of 2.2% a year.

See the QGEN stock overview for the latest quote and news, or the QGEN chart for price history and technical indicators.

QGEN income statement FAQ

What is Qiagen's annual revenue?

Qiagen reported total revenue of $2.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.7% from $2.0 billion the previous year.

Is Qiagen profitable?

Yes. Qiagen reported net income of $424.9 million in fiscal 2025, a net profit margin of 20.3%; its operating margin was 24.9%.

What is Qiagen's gross margin?

Qiagen's gross margin was 61.8% in fiscal 2025: for every $100 of revenue, Qiagen kept $62 after the direct cost of its products and services.

How much does Qiagen spend on research and development?

Qiagen spent $187.5 million on research and development in fiscal 2025, 9.0% of revenue.

How fast is Qiagen growing?

Revenue grew 2.2% a year on average over the last five fiscal years, from $1.9 billion to $2.1 billion.

What are Qiagen's earnings per share?

Qiagen earned $2.47 per diluted share in fiscal 2025, compared with $2.36 a year earlier.

When will Qiagen report its next earnings?

Qiagen is expected to report results for the quarter ending September 30, 2026 on November 3, 2026.

When does Qiagen's fiscal year end?

Qiagen's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 20, 2026.

Diagnostics & Research income statements