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Qiagen
Qiagen (QGEN) investor relations material
Qiagen Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary5 Feb, 2026
Executive summary
Delivered solid Q4 and FY 2025 results, with net sales and adjusted EPS at or above the high end of outlook ranges, exceeding expectations despite macroeconomic and U.S. government shutdown headwinds.
Growth pillars (Sample technologies, QuantiFERON, QIAstat-Dx, QIAcuity, QIAGEN Digital Insights) achieved $1.49B in sales, up 8% CER, on track for $2B by 2028.
Strategic acquisitions of Parse Biosciences and Genoox expanded the portfolio into single-cell analysis and AI-driven bioinformatics.
Over $1.1B returned to shareholders since 2024, including share repurchases and the first annual dividend.
Mark Stevenson joined the supervisory board; Ross Levine stepped down but remains as scientific advisory board chair.
Financial highlights
FY 2025 net sales: $2.09B (+5% CER); Q4 net sales: $540M (+1% CER), both at the high end of guidance.
Adjusted diluted EPS for FY 2025: $2.40 CER (outlook: $2.38 CER); Q4 adjusted EPS: $0.62 CER.
Adjusted operating income margin expanded to 29.5% in 2025, up 80 bps despite tariff and currency headwinds.
Free cash flow for 2025: $453M, supporting investments and shareholder returns.
Operating cash flow for 2025: $654M, absorbing efficiency initiative payments and higher CAPEX.
Outlook and guidance
2026 outlook: at least 5% CER sales growth and adjusted EPS of at least $2.50 CER.
Q1 2026: net sales growth of at least 1% CER, adjusted EPS of at least $0.54 CER.
Growth pillars targeted to grow ~9% CER in 2026; Sample technologies $720M, QuantiFERON $535M, QIAstat $160M, QIAcuity $100M, QDI $125M.
2028 ambitions reaffirmed: ~7% sales CAGR, at least 31% adjusted operating margin, $2B+ from growth pillars.
Currency expected to have a positive impact on 2026 net sales and neutral impact on adjusted EPS.
How will 2026 margin remain steady despite Parse/tariffs?
Impact of discontinued products ending in 2026?
How do recent acquisitions impact 2026 growth plans?
CEO succession: When to expect an update?
Update on 2028 operating margin target
QIAcuity: Path to $250M by 2028 despite past misses?
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Next Qiagen earnings date
Leerink Global Healthcare Conference 20269 Mar, 2026
Qiagen
Next Qiagen earnings date
Leerink Global Healthcare Conference 20269 Mar, 2026
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Frequently asked questions
Qiagen N.V. is a global biotechnology company specializing in sample and assay technologies for molecular diagnostics, life sciences research, and pharmaceutical development. The company provides solutions for DNA, RNA, and protein analysis, serving applications in disease detection, genetic research, and forensic testing. Qiagen’s products include reagents, instruments, and bioinformatics software used by healthcare providers, academic institutions, and biopharmaceutical companies. Qiagen N.V. is headquartered in Venlo, Netherlands, and its shares are listed on the NYSE and the Frankfurt Stock Exchange.
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