QGEN
QIAGEN N.V.
QIAGEN N.V. (QGEN) files with the SEC as a health care company. Its most recent balance sheet puts total assets at $6.3B, against $2.5B of liabilities and $3.8B of equity, as at 2025-12-31. That balance sheet grew 10.4% against 2024-12-31, when total assets were $5.7B. Liabilities account for 39.9% of the balance sheet and equity 60.1%, about $0.66 of liabilities for every dollar of equity. The largest single line on the asset side is Goodwill at $2.7B, 43.0% of total assets, followed by Property & equipment at $924M. Its largest single liability is Long-term debt at $1.7B, 26.3% of the balance sheet. By total assets it is the 62nd largest of the 1,072 health care companies covered here. The figures come from a filing filed on 2026-03-20. Assets equal liabilities plus equity on the filed figures, so this balance sheet reconciles directly. Every figure above is as filed. Nothing is estimated, smoothed or restated, and where the filing and the identity disagree the disagreement is shown rather than closed.
What it owns, and who has a claim on it
Both columns are the same height because they are the same money, counted twice: once by what it is, once by who it belongs to.
| Cash | $839M13% |
|---|---|
| Receivables | $403M6% |
| Inventory | $302M5% |
| Property & equipment | $924M15% |
| Goodwill | $2.7B43% |
| Intangibles | $386M6% |
| Other assets | $727M12% |
| Accounts payable | $73M1% |
|---|---|
| Long-term debt | $1.7B26% |
| Other liabilities | $776M12% |
| Shareholders' equity | $3.8B60% |
It is mostly owner-funded: equity is 60% of the balance sheet, borrowings and other claims the rest.
Where the money goes
Every dollar of revenue over the year ended 2025-12-31, and what is left after each cost comes out.
| Cost of salesWhat it costs to make or buy what it sells | $791M38% |
|---|---|
| Operating costsRunning the business: staff, marketing, admin · computed as a remainder | $834M40% |
| TaxTax on profit | $65M3% |
Of every dollar QGEN took in, 0.20 was left as profit after all costs and tax — $425 million on $2.1 billion of revenue.
The largest single outflow is operating costs, at 40% of revenue.
The size of it
Its annual sales sit just below Fiji.
Company figure: year ended 2025-12-31. GDP: World Bank, GDP (current US$), indicator NY.GDP.MKTP.CD, 2024.
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Learn more
- Understanding the Accounting Identity — Why Assets = Liabilities + Equity works as a test on data you did not produce, and what it means when a filing does not balance.
- Why SEC XBRL Data Is Wrong 1 Out of 5 Times (And How to Fix It) — How the figure on this page was chosen out of the twenty-odd tags the filer published for it.
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Related companies
The nearest in size that file in the same sector, each drawn to the same scale.