Consistent Performance and Strategic Initiatives
QIAGEN delivered its 24th consecutive quarter meeting or exceeding targets, with a focus on high-growth areas of molecular research and testing. Key strategic initiatives include the acquisition of Parse Biosciences and a $500 million synthetic share repurchase.
Financial Metrics and Growth
Net sales rose 6% to $533 million, with core sales increasing 6% CER. Adjusted diluted EPS was $0.61, above the outlook of $0.58. The company raised its EPS target for 2025 by $0.10, reflecting strong performance.
Strong Product Segment Performance
QIAstat diagnostics and QuantiFERON both grew by 11% CER, while Sample technologies returned to growth with sales rising 3% CER. Digital PCR platform QIAcuity maintained double-digit CER growth.
Positive Cash Flow and Shareholder Returns
Operating cash flow was $466 million for the first nine months of 2025. A $500 million share repurchase is set for completion in January 2026, contributing to a total shareholder return goal of $1 billion by 2028.
Future Growth and Strategic Planning
QIAGEN is on track to achieve a 7% sales CAGR from 2024 to 2028, with ambitions to move well above a 31% adjusted operating income target by 2028.