← QIAGEN N.V.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $80.4m | $40.4m | $190.4m | ($41.5m) | $359.2m | $512.6m | $423.2m | $341.3m | $83.6m | $424.9m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $80.3m | $40.4m | $190.4m | ($41.5m) | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($101k) | $0 | $0 | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $213.1m | $216.4m | $206.4m | $231.5m | $205.0m | $214.9m | $208.4m | $205.3m | $203.3m | $193.7m | |
| Depreciation | $213.1m | $216.4m | $206.4m | $86.0m | $78.6m | $85.4m | $89.5m | $85.6m | $91.5m | $95.8m | |
| Amortization of Debt Issuance Costs | $20.5m | $24.8m | $35.5m | $40.8m | $42.3m | $32.3m | $33.7m | $30.2m | $18.4m | $3.4m | |
| Amortization of Intangible Assets | $137.9m | $133.8m | $118.6m | $122.6m | $103.2m | $104.4m | $93.7m | $93.8m | $84.9m | $70.3m | |
| Capitalized Computer Software, Amortization | $9.3m | $13.9m | $17.2m | $18.3m | $7.4m | $9.2m | $10.8m | $11.7m | $13.0m | $18.0m | |
| Deferred Income Tax Expense (Benefit) | ($66.0m) | $60.2m | ($23.3m) | ($55.4m) | ($6.7m) | ($5.3m) | ($9.6m) | $10.7m | ($23.0m) | ($20.1m) | |
| Share-based Payment Arrangement, Noncash Expense | $28.3m | $34.4m | $40.1m | $65.9m | $40.9m | $38.4m | $49.5m | $47.1m | $43.6m | $50.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $50.0m | $13.8m | $23.6m | $25.4m | $17.7m | $34.2m | $27.3m | |
| Share-based Payment Arrangement, Expense | $28.3m | $34.4m | $40.1m | $65.9m | $40.9m | $38.4m | $49.5m | $47.1m | $43.6m | $50.4m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | — | — | $2.4m | $2.5m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | $0 | — | — | — | — | $4.2m | $250k | $0 | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | $21.4m | — | — | $40.3m | $0 | — | $12.8m | $0 | $135.3m | $977k | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | — | $55.0m | — | |
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $2.8m | $3.2m | $2.6m | $2.1m | $5.0m | $12.0m | $3.8m | $4.2m | $5.7m | $4.4m | |
| Income Tax Expense (Benefit) | ($23.4m) | $74.0m | $35.4m | ($36.3m) | $80.3m | $113.2m | $89.4m | $88.5m | $37.6m | $65.4m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $43.8m | $33.3m | |
| Other Nonoperating Income (Expense) | ($9.7m) | ($4k) | $5.6m | $432k | $114.3m | $40.7m | $6.7m | ($5.7m) | ($739k) | ($6.7m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $12.2m | $34.2m | $41.8m | $39.6m | $14.7m | $7.4m | ($15.5m) | $55.1m | ($12.2m) | $36.4m | |
| Increase (Decrease) in Inventories | $20.3m | $21.6m | $36.9m | $30.0m | $107.6m | $81.8m | $62.0m | $44.8m | ($87.8m) | $848k | |
| Increase (Decrease) in Accounts Payable | ($1.5m) | $4.3m | $7.0m | $9.3m | $8.4m | ($6.0m) | ($1.8m) | ($22.4m) | $1.4m | ($8.4m) | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | ($5.7m) | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | $100k | ($3.3m) | ($12.3m) | ($5.7m) | ($4.1m) | ($9.0m) | $2.7m | ($5.8m) | ($4.5m) | ($8.4m) | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | ($426k) | ($968k) | |
| General and Administrative Expense | — | — | — | $112.3m | $111.7m | $128.1m | $129.7m | $119.3m | $113.4m | $125.7m | |
| Goodwill | $1.9b | $2.0b | $2.1b | $2.1b | $2.4b | $2.4b | $2.4b | $2.5b | $2.4b | $2.7b | |
| Investment Income, Interest | $6.8m | $10.6m | $20.9m | $22.1m | $10.0m | $9.6m | $32.8m | $79.0m | $68.0m | $64.3m | |
| Nonoperating Income (Expense) | ($41.9m) | ($39.0m) | ($40.8m) | ($51.6m) | $53.0m | ($4.3m) | ($18.9m) | $19.9m | $23.4m | $24.4m | |
| Operating Expenses | $745.8m | $769.1m | $734.4m | $1.0b | $846.3m | $820.7m | $853.1m | $823.8m | $869.6m | $833.6m | |
| Payments for Repurchase of Warrants | — | — | — | — | $174.6m | $0 | $0 | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | $2.2m | $5.6m | $5k | ($5k) | $0 | |
| Realized Investment Gains (Losses) | $1.4m | $1.1m | $2.7m | — | — | — | — | — | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | $95.0m | $58.8m | ($33.0m) | $58.4m | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($4.7m) | $19.6m | $7.3m | $3.9m | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $341.6m | $286.8m | $359.5m | $330.8m | $457.8m | $639.0m | $715.3m | $459.5m | $673.6m | $654.3m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $74.5m | $90.1m | $109.8m | $118.0m | $132.8m | $189.9m | $129.2m | $149.7m | $167.2m | $201.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $90.5m | $50.5m | $172.8m | $68.1m | $239.6m | $0 | $63.7m | $149.5m | $0 | $291.2m | |
| Payments to Acquire Investments | — | — | — | $5.2m | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Investments | — | — | — | — | $121.8m | $36.1m | $0 | $0 | — | — | |
| Payments for (Proceeds from) Other Investing Activities | $8.8m | $2.3m | $15.1m | ($10k) | $5.0m | $57k | ($107k) | ($29k) | $0 | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($179.1m) | ($464.3m) | ($211.4m) | ($222.3m) | ($443.3m) | ($202.4m) | ($726.8m) | ($87.7m) | ($249.2m) | ($305.3m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $0 | $329.9m | $0 | $0 | $497.6m | $0 | $371.5m | $0 | $494.2m | $742.3m | |
| Repayments of Long-term Debt | $6.7m | $0 | $0 | $506.4m | $296.4m | $41.3m | $480.0m | $400.0m | $601.5m | $534.2m | |
| Proceeds from Issuance of Common Stock | $6.3m | $6.1m | $4.4m | $2.1m | $7.7m | $7.9m | $121k | $163k | — | — | |
| Payments for Repurchase of Common Stock | $0 | $61.0m | $104.7m | $74.5m | $64.0m | $100.0m | $0 | $0 | $292.1m | $280.1m | |
| Dividends paid | — | — | — | — | — | — | — | — | — | $54.2m | |
| Proceeds from (Payments for) Other Financing Activities | ($9.6m) | ($8.6m) | ($8.0m) | ($11.3m) | ($9.6m) | $6.6m | $0 | $0 | ($661k) | ($229k) | |
| Net Cash Provided by (Used in) Financing Activities | ($10.6m) | $387.2m | $360.4m | ($639.1m) | ($50.1m) | ($150.4m) | ($125.8m) | ($433.8m) | ($422.9m) | ($179.0m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($2.8m) | $8.8m | ($7.2m) | $826k | $4.2m | ($3.7m) | ($12.5m) | ($558k) | ($6.0m) | $5.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($2.8m) | $8.8m | ($7.2m) | ($529.7m) | ($31.4m) | $282.5m | ($149.8m) | ($62.6m) | ($4.5m) | $175.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $629.4m | $598.0m | $880.5m | $730.7m | $668.1m | $663.6m | $839.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $18.2m | $20.3m | $25.9m | $29.7m | $25.4m | $21.6m | $23.2m | $20.3m | $24.2m | $29.3m | |
| Income Taxes Paid, Net | $22.7m | $40.5m | $29.3m | $41.5m | $42.6m | $102.1m | $98.6m | $82.4m | $15.7m | $17.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.