Core Insights - QIAGEN N.V. has set its 2026 priorities focused on product commercialization, regulatory milestones, and automation innovations, aiming for $2 billion in combined annual sales by 2028 [1][2] Group 1: Growth Pillars - The five growth pillars identified by QIAGEN include Sample technologies, QIAstat-Dx syndromic testing, QIAcuity digital PCR, QIAGEN Digital Insights (QDI) bioinformatics, and QuantiFERON for latent tuberculosis testing, all of which show significant growth potential [3][4] - QIAGEN plans to launch new products and submissions in 2026 to expand its market reach and enhance its automation systems, thereby increasing recurring revenues from consumables and software [2][4] Group 2: Sample Technologies - QIAGEN's acquisition of Parse Biosciences in December 2025 enhances its Sample technologies portfolio, particularly in single-cell analysis, with expected sales contribution of approximately $40 million in 2026 [4][5] - New sample preparation systems are set to launch in 2026, targeting applications such as liquid biopsy and microbiome research, which will help expand the installed base of instruments [6] Group 3: QIAstat-Dx and QIAcuity - QIAstat-Dx has exceeded 5,200 instrument placements globally by the end of 2025, with new blood culture identification panels submitted for regulatory clearance to enhance its testing menu [7] - QIAcuity digital PCR is set to expand its portfolio with new gene expression assays in 2026, further driving adoption in pharmaceutical applications [9][11] Group 4: QIAGEN Digital Insights (QDI) - QDI plans to introduce at least 14 AI-enabled software solutions by 2028, focusing on enhancing pharmaceutical R&D and clinical decision-making [12][13] - The integration of the Franklin platform with AI capabilities aims to improve genetic analysis and reporting in hereditary and oncology applications [14][15] Group 5: QuantiFERON - QIAGEN is developing a fifth generation of its QuantiFERON test, with updates planned for 2026 to meet increasing testing demands in tuberculosis diagnostics [16][17] - The new generation of chemistry for the LIAISON QuantiFERON-TB Gold Plus II assay is expected to enhance testing capacity and speed, allowing laboratories to test up to 75% more patients per hour [17][18]

Financial Performance - Core sales increased by 6% CER to $532 million, exceeding the outlook of ≥5%[5,9] - Net sales reached $533 million, a 5% CER increase compared to Q3 2024[5,7] - Adjusted diluted EPS was $0.61 CER, a 7% CER increase, surpassing the outlook of ≥$0.58 CER[5] - Adjusted operating income margin remained steady at 29.6%[5,24] - Operating cash flow for 9M 2025 was $466 million, a 3% decrease[5] Product and Portfolio Developments - QIAstat-Dx and QuantiFERON both experienced 11% CER growth, leading the portfolio[5,8] - Sample technologies showed a 3% CER growth[5,8] - QIAcuity digital PCR and QDI delivered solid contributions[5,8] - Parse Biosciences acquisition is expected to contribute ~$40 million in sales in 2026[22] Outlook and Capital Allocation - The company reaffirmed its 2025 net sales outlook of +4-5% CER (+5-6% CER core growth)[5] - The company increased its adjusted diluted EPS outlook to ~$2.38 CER (previously ~$2.35 CER)[5] - At least $1 billion of returns to shareholders is planned for 2024-28 (absent M&A)[14] - $500 million share repurchase program is authorized for completion in January 2026[15]

Financial Performance - Net sales reached $534 million, a 6% increase CER (constant exchange rate) compared to Q2 2024[5] - Core sales also grew by 6% CER[5] - Adjusted diluted EPS was $062 CER, exceeding the outlook of ≥$060 CER[5] - Adjusted operating income margin improved by 15 percentage points to 299% compared to Q2 2024[5] - H1 2025 operating cash flow remained steady at $301 million compared to H1 2024[5] Product and Portfolio Developments - QIAstat-Dx led growth with a 41% CER increase[5, 8] - QuantiFERON also showed strong performance with an 11% CER growth[5, 8] - Sample technologies, QIAcuity digital PCR, and QDI contributed to overall growth[5] Outlook - The company increased its 2025 net sales outlook to +4-5% CER (+5-6% CER core growth)[5] - Adjusted diluted EPS outlook is reaffirmed at approximately $235 CER[5] - Adjusted operating income margin target is set at approximately 30%[5] Capital Allocation - The company plans to return at least $1 billion to shareholders between 2024 and 2028, absent M&A activity[23] - The first-ever annual dividend payment of $54 million was paid in July 2025[23] - Authorization for synthetic share repurchase of up to $500 million over 18 months[24]