2022 Q4 Form 20-F Financial Statement

#000101582023000012 Filed on March 13, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $498.0M $2.142B $582.4M
YoY Change -14.49% -4.89% 1.96%
Cost Of Revenue $180.5M $757.0M $208.6M
YoY Change -13.48% -5.48% 5.45%
Gross Profit $317.5M $1.385B $373.8M
YoY Change -15.06% -4.57% 0.11%
Gross Profit Margin 63.76% 64.65% 64.19%
Selling, General & Admin $154.2M $603.9M $152.3M
YoY Change 1.27% 3.33% -0.54%
% of Gross Profit 48.57% 43.62% 40.73%
Research & Development $44.72M $189.9M $42.11M
YoY Change 6.19% -0.06% -9.04%
% of Gross Profit 14.08% 13.71% 11.27%
Depreciation & Amortization $54.67M $208.4M $51.10M
YoY Change 6.99% -3.04% -10.66%
% of Gross Profit 17.22% 15.05% 13.67%
Operating Expenses $204.9M $853.1M $197.7M
YoY Change 3.62% 7.58% -3.45%
Operating Profit $112.6M $531.5M $176.1M
YoY Change -36.04% -19.21% 4.44%
Interest Expense $1.387M $58.36M -$7.275M
YoY Change -119.07% -1239.34% -42.26%
% of Operating Profit 1.23% 10.98% -4.13%
Other Income/Expense, Net -$123.0K -$18.86M -$487.0K
YoY Change -74.74% -2265.21% -100.43%
Pretax Income $105.8M $512.6M $165.4M
YoY Change -36.0% -18.09% -35.52%
Income Tax $16.99M $89.39M $36.19M
% Of Pretax Income 16.06% 17.44% 21.88%
Net Earnings $88.84M $423.2M $129.2M
YoY Change -31.23% -17.44% -39.26%
Net Earnings / Revenue 17.84% 19.76% 22.18%
Basic Earnings Per Share $1.86
Diluted Earnings Per Share $0.39 $1.84 $557.4K
COMMON SHARES
Basic Shares Outstanding 227.7M shares 227.6M shares
Diluted Shares Outstanding 230.1M shares

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.418B $1.418B $1.065B
YoY Change 33.13% 33.13% 48.95%
Cash & Equivalents $730.7M $608.4M $880.5M
Short-Term Investments $687.6M $687.6M $184.8M
Other Short-Term Assets $284.2M $183.7M $340.6M
YoY Change -16.55% -25.68% 54.1%
Inventory $358.0M $358.0M $327.5M
Prepaid Expenses $50.96M $60.63M
Receivables $323.8M $333.5M $376.2M
Other Receivables $0.00 $100.6M $0.00
Total Short-Term Assets $2.394B $2.394B $2.110B
YoY Change 13.48% 13.48% 26.53%
LONG-TERM ASSETS
Property, Plant & Equipment $662.2M $757.7M $739.1M
YoY Change -10.41% 2.52% 32.12%
Goodwill $2.353B $2.351B
YoY Change 0.08% -0.56%
Intangibles $544.8M $627.4M
YoY Change -13.17% -13.6%
Long-Term Investments $17.90M $23.50M $25.40M
YoY Change -29.53% -7.48% 62.82%
Other Assets $202.9M $215.2M $294.7M
YoY Change -31.15% -26.96% -49.19%
Total Long-Term Assets $3.894B $3.894B $4.037B
YoY Change -3.56% -3.56% -4.9%
TOTAL ASSETS
Total Short-Term Assets $2.394B $2.394B $2.110B
Total Long-Term Assets $3.894B $3.894B $4.037B
Total Assets $6.288B $6.288B $6.147B
YoY Change 2.29% 2.29% 3.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $98.73M $98.73M $101.2M
YoY Change -2.46% -2.46% -14.36%
Accrued Expenses $62.47M $215.7M $568.6M
YoY Change -89.01% -1.93% 65.44%
Deferred Revenue $69.00M $63.37M
YoY Change 8.89%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $389.6M $389.6M $847.6M
YoY Change -54.04% -54.04% 1894.41%
Total Short-Term Liabilities $974.5M $974.5M $1.517B
YoY Change -35.78% -35.78% 146.7%
LONG-TERM LIABILITIES
Long-Term Debt $1.472B $1.472B $1.094B
YoY Change 34.53% 34.53% -41.81%
Other Long-Term Liabilities $218.0M $374.7M $401.2M
YoY Change -45.67% -6.6% -30.85%
Total Long-Term Liabilities $1.847B $1.847B $1.495B
YoY Change 23.49% 23.49% -39.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $974.5M $974.5M $1.517B
Total Long-Term Liabilities $1.847B $1.847B $1.495B
Total Liabilities $2.821B $2.821B $3.050B
YoY Change -7.52% -7.52% -2.06%
SHAREHOLDERS EQUITY
Retained Earnings $2.160B $1.792B
YoY Change 20.56%
Common Stock $2.702M $2.702M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $160.2M $189.7M
YoY Change -15.57%
Treasury Stock Shares 3.113M shares 3.755M shares
Shareholders Equity $3.467B $3.467B $3.097B
YoY Change
Total Liabilities & Shareholders Equity $6.288B $6.288B $6.147B
YoY Change 2.29% 2.29% 3.97%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $88.84M $423.2M $129.2M
YoY Change -31.23% -17.44% -39.26%
Depreciation, Depletion And Amortization $54.67M $208.4M $51.10M
YoY Change 6.99% -3.04% -10.66%
Cash From Operating Activities $124.3M $715.3M $198.5M
YoY Change -37.36% 11.93% -26.42%
INVESTING ACTIVITIES
Capital Expenditures $46.59M $129.2M -$54.00M
YoY Change -186.27% -162.57% -18.91%
Acquisitions $63.65M
YoY Change
Other Investing Activities -$77.94M -$107.0K $149.3M
YoY Change -152.2% -102.6% 1123.72%
Cash From Investing Activities -$124.5M -$726.8M $95.29M
YoY Change -230.68% 259.03% -274.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$121.0K -$17.64M
YoY Change -99.87% 61.84%
Debt Paid & Issued, Net $480.0M
YoY Change 1060.97%
Cash From Financing Activities -546.4M -$125.8M -30.97M
YoY Change 1664.26% -16.34% -66.66%
NET CHANGE
Cash From Operating Activities 124.3M $715.3M 198.5M
Cash From Investing Activities -124.5M -$726.8M 95.29M
Cash From Financing Activities -546.4M -$125.8M -30.97M
Net Change In Cash -546.6M -$149.8M 262.8M
YoY Change -308.0% -152.36% 114.87%
FREE CASH FLOW
Cash From Operating Activities $124.3M $715.3M $198.5M
Capital Expenditures $46.59M $129.2M -$54.00M
Free Cash Flow $77.73M $586.0M $252.5M
YoY Change -69.21% -30.69% -24.93%

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ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
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CY2021 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
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ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
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SellingAndMarketingExpense
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CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
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CY2020 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
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GeneralAndAdministrativeExpense
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CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
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CY2020 us-gaap General And Administrative Expense
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CY2021 qgen Acquisition Related Intangible Amortization
AcquisitionRelatedIntangibleAmortization
18542000 usd
CY2020 qgen Acquisition Related Intangible Amortization
AcquisitionRelatedIntangibleAmortization
20811000 usd
CY2022 qgen Restructuring Acquisition Integration And Other Expenses
RestructuringAcquisitionIntegrationAndOtherExpenses
44768000 usd
CY2021 qgen Restructuring Acquisition Integration And Other Expenses
RestructuringAcquisitionIntegrationAndOtherExpenses
27762000 usd
CY2020 qgen Restructuring Acquisition Integration And Other Expenses
RestructuringAcquisitionIntegrationAndOtherExpenses
151039000 usd
CY2022 us-gaap Operating Expenses
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OperatingExpenses
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CY2020 us-gaap Operating Expenses
OperatingExpenses
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OperatingIncomeLoss
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CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
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InvestmentIncomeInterest
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CY2020 us-gaap Investment Income Interest
InvestmentIncomeInterest
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InterestExpense
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InterestExpense
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InterestExpense
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OtherNonoperatingIncomeExpense
6741000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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NonoperatingIncomeExpense
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CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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IncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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2.21
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227983000 shares
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CY2020 us-gaap Net Income Loss
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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-8536000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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854000 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1674000 usd
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OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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OtherComprehensiveIncomeLossNetOfTax
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OtherComprehensiveIncomeLossNetOfTax
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CY2020 qgen Class Of Warrant Or Right Value Warrants Converted
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CY2020 us-gaap Treasury Stock Value Acquired Cost Method
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CY2020Q4 us-gaap Stockholders Equity
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23574000 usd
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38391000 usd
CY2021Q4 us-gaap Stockholders Equity
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CY2022Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2020 us-gaap Net Income Loss
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CY2022 us-gaap Depreciation Depletion And Amortization
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CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
214931000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
205014000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
12970000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1432000 usd
CY2022 us-gaap Amortization Of Financing Costs
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CY2021 us-gaap Amortization Of Financing Costs
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32294000 usd
CY2020 us-gaap Amortization Of Financing Costs
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42318000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
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DeferredIncomeTaxExpenseBenefit
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DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Marketable Securities Gain Loss
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CY2021 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
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CY2020 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
1992000 usd
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GainLossOnSaleOfInvestments
36086000 usd
CY2020 us-gaap Gain Loss On Sale Of Investments
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121813000 usd
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OtherNoncashIncomeExpense
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7402000 usd
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14711000 usd
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61950000 usd
CY2021 us-gaap Increase Decrease In Inventories
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81803000 usd
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107573000 usd
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CY2021 us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
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CY2022 us-gaap Increase Decrease In Other Operating Assets
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2025000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
8442000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
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CY2021 us-gaap Increase Decrease In Accrued Liabilities
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CY2020 us-gaap Increase Decrease In Accrued Liabilities
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CY2022 qgen Increase Decrease In Income Tax Receivable And Payable Net
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21894000 usd
CY2021 qgen Increase Decrease In Income Tax Receivable And Payable Net
IncreaseDecreaseInIncomeTaxReceivableAndPayableNet
12832000 usd
CY2020 qgen Increase Decrease In Income Tax Receivable And Payable Net
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869000 usd
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
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CY2022 us-gaap Payments To Acquire Intangible Assets
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16630000 usd
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CY2021 us-gaap Payments To Acquire Short Term Investments
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CY2020 us-gaap Payments To Acquire Short Term Investments
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49770000 usd
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CY2021 us-gaap Proceeds From Divestiture Of Businesses
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CY2020 us-gaap Proceeds From Divestiture Of Businesses
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CY2021 qgen Proceeds From Payments For Collateral
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CY2020 us-gaap Payments For Proceeds From Other Investing Activities
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4991000 usd
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Proceeds From Short Term Debt
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CY2020 us-gaap Proceeds From Short Term Debt
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CY2022 us-gaap Repayments Of Short Term Debt
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CY2021 us-gaap Repayments Of Short Term Debt
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CY2020 us-gaap Repayments Of Short Term Debt
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CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
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371452000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2022 us-gaap Repayments Of Long Term Debt
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480003000 usd
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
41345000 usd
CY2020 us-gaap Repayments Of Long Term Debt
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296400000 usd
CY2022 us-gaap Payments For Repurchase Of Warrants
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0 usd
CY2021 us-gaap Payments For Repurchase Of Warrants
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CY2020 us-gaap Payments For Repurchase Of Warrants
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174627000 usd
CY2022 qgen Payments For Embedded Cash Conversion Options
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0 usd
CY2021 qgen Payments For Embedded Cash Conversion Options
PaymentsForEmbeddedCashConversionOptions
0 usd
CY2020 qgen Payments For Embedded Cash Conversion Options
PaymentsForEmbeddedCashConversionOptions
237438000 usd
CY2022 qgen Proceeds From Exercise Of Call Options
ProceedsFromExerciseOfCallOptions
0 usd
CY2021 qgen Proceeds From Exercise Of Call Options
ProceedsFromExerciseOfCallOptions
0 usd
CY2020 qgen Proceeds From Exercise Of Call Options
ProceedsFromExerciseOfCallOptions
239836000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
99987000 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
63995000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
121000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7919000 usd
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7662000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
25357000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
23574000 usd
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13841000 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
4572000 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2020 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2022 qgen Cash Received Paid For Collateral Liability
CashReceivedPaidForCollateralLiability
12556000 usd
CY2021 qgen Cash Received Paid For Collateral Liability
CashReceivedPaidForCollateralLiability
8600000 usd
CY2020 qgen Cash Received Paid For Collateral Liability
CashReceivedPaidForCollateralLiability
0 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1979000 usd
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9610000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-125803000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-150366000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-50127000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-12545000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3677000 usd
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4196000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-149847000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
282532000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-31406000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
880516000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
597984000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
629390000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
730669000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
880516000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
597984000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
23208000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
21588000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
25351000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
98565000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
102083000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
42572000 usd
CY2022 qgen Noncash Or Part Noncash Equity Securities Acquired
NoncashOrPartNoncashEquitySecuritiesAcquired
1475000 usd
CY2021 qgen Noncash Or Part Noncash Equity Securities Acquired
NoncashOrPartNoncashEquitySecuritiesAcquired
35705000 usd
CY2020 qgen Noncash Or Part Noncash Equity Securities Acquired
NoncashOrPartNoncashEquitySecuritiesAcquired
122368000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
0 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
14989000 usd
CY2020 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
0 usd
CY2022Q4 qgen Number Of Customers
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500000 customer
CY2022Q4 dei Entity Number Of Employees
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6200 employee
CY2022Q4 qgen Number Of Countries With Employees
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35 country
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt;text-align:justify"><span style="color:#004d9f;font-family:'Futura Std Book',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#474746;font-family:'Futura Std Book',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and disclosure of contingencies at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting period. While changing conditions regarding the war in Ukraine and the COVID-19 pandemic recovery present additional uncertainty, we continue to use the best information available to form our estimates. Actual results could differ from those estimates.</span></div>
CY2022 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
2700000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-9000000 usd
CY2020 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-4100000 usd
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022 us-gaap Number Of Reporting Units
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1 reportingunit
CY2022 qgen Standard Product Warranty Term
StandardProductWarrantyTerm
P1Y
CY2022Q4 us-gaap Time Deposits At Carrying Value
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224133000 usd
CY2022 us-gaap Advertising Expense
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15800000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
13500000 usd
CY2020 us-gaap Advertising Expense
AdvertisingExpense
9500000 usd
CY2022Q4 us-gaap Cash
Cash
122314000 usd
CY2021Q4 us-gaap Cash
Cash
235381000 usd
CY2022Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
289394000 usd
CY2021Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
366117000 usd
CY2022Q4 us-gaap Commercial Paper At Carrying Value
CommercialPaperAtCarryingValue
94828000 usd
CY2021Q4 us-gaap Commercial Paper At Carrying Value
CommercialPaperAtCarryingValue
179844000 usd
CY2021Q4 us-gaap Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
99174000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
730669000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
880516000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
2685000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1249000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
23124000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
27052000 usd
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
12115000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5142000 usd
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9132000 usd
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
0 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4483000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
18000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
16439000 usd
CY2022 us-gaap Provision For Loan Losses Expensed
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5574000 usd
CY2021 us-gaap Provision For Loan Losses Expensed
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2155000 usd
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1325000 usd
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
9868000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0 usd
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
6049000 usd
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
3916000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
288000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 usd
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
12000 usd
CY2022 qgen Accounts Receivable Allowance For Credit Loss Foreign Currency Translation
AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslation
-2042000 usd
CY2021 qgen Accounts Receivable Allowance For Credit Loss Foreign Currency Translation
AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslation
-2985000 usd
CY2020 qgen Accounts Receivable Allowance For Credit Loss Foreign Currency Translation
AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslation
277000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
-118000 usd
CY2021 us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
-108000 usd
CY2020 us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
180000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
22880000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
23124000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
27052000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
10598000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5142000 usd
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9132000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
97613000 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
94748000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
85488000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
67679000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
174859000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
165098000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
357960000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
327525000 usd
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1870346000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
54500000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
9800000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
14100000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
84200000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
74700000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
57600000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
54900000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2141518000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2251657000 usd
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1870346000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2141518000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2251657000 usd
CY2022Q4 us-gaap Restructuring And Related Cost Expected Cost Remaining1
RestructuringAndRelatedCostExpectedCostRemaining1
3000000 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
687597000 usd
CY2021Q4 us-gaap Short Term Investments
ShortTermInvestments
184785000 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
687600000 usd
CY2021Q4 us-gaap Short Term Investments
ShortTermInvestments
184800000 usd
CY2021Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
11200000 usd
CY2022Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
111617000 usd
CY2021Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
175284000 usd
CY2022Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
53394000 usd
CY2021Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
45116000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
50958000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
60629000 usd
CY2022Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
28130000 usd
CY2021Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
22884000 usd
CY2022Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
21083000 usd
CY2022Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
18997000 usd
CY2021Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
19201000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
9768000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
14082000 usd
CY2022Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
29000 usd
CY2021Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
6249000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
293976000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
354645000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1165137000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1270599000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
502967000 usd
CY2022Q4 qgen Preference Shares Shares Issued
PreferenceSharesSharesIssued
0 shares
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
632416000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
662170000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
638183000 usd
CY2022 us-gaap Depreciation
Depreciation
89500000 usd
CY2021 us-gaap Depreciation
Depreciation
85400000 usd
CY2020 us-gaap Depreciation
Depreciation
78600000 usd
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
10800000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
9200000 usd
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
7400000 usd
CY2022Q4 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
69200000 usd
CY2021Q4 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
56900000 usd
CY2022 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
16800000 usd
CY2021 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
16200000 usd
CY2020 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
13800000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
17906000 usd
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
21137000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3758000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11987000 usd
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5018000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
17900000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
5300000 usd
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
3900000 usd
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
3945000 usd
CY2020Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
4142000 usd
CY2022 qgen Equity Securities Without Readily Determinable Fair Value Additional Investments
EquitySecuritiesWithoutReadilyDeterminableFairValueAdditionalInvestments
52000 usd
CY2021 qgen Equity Securities Without Readily Determinable Fair Value Additional Investments
EquitySecuritiesWithoutReadilyDeterminableFairValueAdditionalInvestments
81000 usd
CY2022 qgen Equity Securities Without Readily Determinable Fair Value Shares Received In Exchange For Services Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueSharesReceivedInExchangeForServicesAmount
1475000 usd
CY2021 qgen Equity Securities Without Readily Determinable Fair Value Shares Received In Exchange For Services Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueSharesReceivedInExchangeForServicesAmount
0 usd
CY2022 qgen Equity Securities Without Readily Determinable Fair Value Foreign Currency Translation Adjustments
EquitySecuritiesWithoutReadilyDeterminableFairValueForeignCurrencyTranslationAdjustments
-143000 usd
CY2021 qgen Equity Securities Without Readily Determinable Fair Value Foreign Currency Translation Adjustments
EquitySecuritiesWithoutReadilyDeterminableFairValueForeignCurrencyTranslationAdjustments
-278000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
5329000 usd
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
3945000 usd
CY2021 qgen Payments To Acquire Equity Securities Without Readily Determinable Fair Value
PaymentsToAcquireEquitySecuritiesWithoutReadilyDeterminableFairValue
100000 usd
CY2022 qgen Payments To Acquire Equity Securities Without Readily Determinable Fair Value
PaymentsToAcquireEquitySecuritiesWithoutReadilyDeterminableFairValue
100000 usd
CY2020 us-gaap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentAnnualAmount
400000 usd
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
700000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
700000 usd
CY2021 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
32300000 usd
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-5700000 usd
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P10Y10M13D
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1210953000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
727691000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1372284000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
806787000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
2352569000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
2350763000 usd
CY2022Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2414103000 usd
CY2021Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2412702000 usd
CY2022Q4 qgen Finite Lived Intangible Assets Retired Gross
FiniteLivedIntangibleAssetsRetiredGross
135300000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
627436000 usd
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
726194000 usd
CY2022 qgen Intangible Assets Acquired
IntangibleAssetsAcquired
19632000 usd
CY2021 qgen Intangible Assets Acquired
IntangibleAssetsAcquired
23969000 usd
CY2022 qgen Intangible Assets From Acquisitions
IntangibleAssetsFromAcquisitions
17247000 usd
CY2021 qgen Intangible Assets From Acquisitions
IntangibleAssetsFromAcquisitions
0 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
93714000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
104371000 usd
CY2022 qgen Intangible Assets Disposals
IntangibleAssetsDisposals
35000 usd
CY2021 qgen Intangible Assets Disposals
IntangibleAssetsDisposals
4571000 usd
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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12829000 usd
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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0 usd
CY2022 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-12941000 usd
CY2021 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-13785000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
544796000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
627436000 usd
CY2022 qgen Intangible Assets Acquired
IntangibleAssetsAcquired
19600000 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
20100000 usd
CY2022 qgen Payments To Acquire Intangible Assets Previous Year Accruals
PaymentsToAcquireIntangibleAssetsPreviousYearAccruals
4800000 usd
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
16600000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
93700000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
104400000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
103200000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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87794000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
84412000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
73280000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
65875000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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60410000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
2350763000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
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CY2022 us-gaap Goodwill Acquired During Period
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42201000 usd
CY2021 us-gaap Goodwill Acquired During Period
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0 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-303000 usd
CY2021 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
33716000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-40092000 usd
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-46984000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
2352569000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
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CY2022 us-gaap Operating Lease Cost
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27000000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
27200000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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95523000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
100894000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
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22220000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
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22048000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
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71406000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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76534000 usd
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P6Y11M1D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P7Y9M18D
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0.0208
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2022 us-gaap Operating Lease Payments
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26842000 usd
CY2021 us-gaap Operating Lease Payments
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27429000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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25148000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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26784000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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23747000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
18693000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
28256000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
100940000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7314000 usd
CY2022Q4 us-gaap Operating Lease Liability
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CY2022Q4 qgen Lessee Operating Lease Not Yet Commenced Amount
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8300000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
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CY2021Q4 us-gaap Derivative Liabilities Current
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181858000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
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CY2021Q4 us-gaap Employee Related Liabilities Current
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CY2022Q4 us-gaap Contract With Customer Liability Current
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CY2021Q4 us-gaap Contract With Customer Liability Current
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CY2022Q4 us-gaap Accrued Liabilities Current
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62469000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
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54271000 usd
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CY2021Q4 us-gaap Other Liabilities Current
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CY2022Q4 us-gaap Operating Lease Liability Current
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22220000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
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22048000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Cash
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21755000 usd
CY2021Q4 us-gaap Derivative Collateral Obligation To Return Cash
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CY2022Q4 us-gaap Taxes Payable Current
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13980000 usd
CY2021Q4 us-gaap Taxes Payable Current
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CY2022Q4 us-gaap Accrued Royalties Current
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12877000 usd
CY2021Q4 us-gaap Accrued Royalties Current
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CY2022Q4 qgen Accrued Earn Outs And Milestone Payments
AccruedEarnOutsAndMilestonePayments
8181000 usd
CY2021Q4 qgen Accrued Earn Outs And Milestone Payments
AccruedEarnOutsAndMilestonePayments
24100000 usd
CY2022Q4 qgen Accrued Interest On Long Term Debt
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5431000 usd
CY2021Q4 qgen Accrued Interest On Long Term Debt
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4488000 usd
CY2022Q4 us-gaap Restructuring Reserve
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4639000 usd
CY2021Q4 us-gaap Restructuring Reserve
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CY2022Q4 qgen Accrued And Other Liabilities Current
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CY2021Q4 qgen Accrued And Other Liabilities Current
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568620000 usd
CY2022 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
1200000 usd
CY2022Q4 qgen Derivative Asset Fair Value Gross Asset Current
DerivativeAssetFairValueGrossAssetCurrent
111617000 usd
CY2022Q4 qgen Derivative Asset Fair Value Gross Asset Noncurrent
DerivativeAssetFairValueGrossAssetNoncurrent
131354000 usd
CY2021Q4 qgen Derivative Asset Fair Value Gross Asset Current
DerivativeAssetFairValueGrossAssetCurrent
175284000 usd
CY2021Q4 qgen Derivative Asset Fair Value Gross Asset Noncurrent
DerivativeAssetFairValueGrossAssetNoncurrent
190430000 usd
CY2022Q4 qgen Derivative Liability Fair Value Gross Liability Current
DerivativeLiabilityFairValueGrossLiabilityCurrent
111252000 usd
CY2022Q4 qgen Derivative Liability Fair Value Gross Liability Noncurrent
DerivativeLiabilityFairValueGrossLiabilityNoncurrent
156718000 usd
CY2021Q4 qgen Derivative Liability Fair Value Gross Liability Current
DerivativeLiabilityFairValueGrossLiabilityCurrent
181858000 usd
CY2021Q4 qgen Derivative Liability Fair Value Gross Liability Noncurrent
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CY2022 us-gaap Other Nonoperating Income Expense
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6741000 usd
CY2021 us-gaap Other Nonoperating Income Expense
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40671000 usd
CY2020 us-gaap Other Nonoperating Income Expense
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CY2022 us-gaap Derivative Gain Loss On Derivative Net
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95007000 usd
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2020 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
7604000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
0 usd
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
128916000 usd
CY2022Q4 us-gaap Hedged Liability Fair Value Hedge Cumulative Increase Decrease
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0 usd
CY2021Q4 us-gaap Hedged Liability Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
1971000 usd
CY2021 us-gaap Repayments Of Long Term Debt
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CY2020 us-gaap Repayments Of Long Term Debt
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296400000 usd
CY2022 qgen Percentage Of Royalty On Net Product Sales Range Minimum
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CY2022Q4 us-gaap Deferred Finance Costs Net
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6600000 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
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8400000 usd
CY2022Q4 us-gaap Long Term Debt
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CY2021Q4 us-gaap Long Term Debt
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CY2022Q4 us-gaap Long Term Debt Current
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CY2021Q4 us-gaap Long Term Debt Current
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CY2022Q4 us-gaap Long Term Debt Noncurrent
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CY2021Q4 us-gaap Long Term Debt Noncurrent
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CY2022 us-gaap Interest Expense Long Term Debt
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55100000 usd
CY2021 us-gaap Interest Expense Long Term Debt
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50700000 usd
CY2020 us-gaap Interest Expense Long Term Debt
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63500000 usd
CY2022 us-gaap Repayments Of Long Term Debt
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480003000 usd
CY2022Q4 us-gaap Debt Instrument Face Amount
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CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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CY2022Q4 us-gaap Long Term Debt
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CY2022Q4 us-gaap Long Term Debt Fair Value
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2163120000 usd
CY2021Q4 us-gaap Debt Instrument Face Amount
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CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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CY2021Q4 us-gaap Long Term Debt
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CY2021Q4 us-gaap Long Term Debt Fair Value
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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389552000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
54803000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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610134000 usd
CY2022Q4 qgen Preference Shares Par Value
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0.01
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
241374000 usd
CY2022Q4 us-gaap Long Term Debt
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1861450000 usd
CY2012Q4 qgen Debt Instrument Unsecured Notes Numberof Series
DebtInstrumentUnsecuredNotesNumberofSeries
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CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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427000000 eur
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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455400000 usd
CY2022Q4 us-gaap Line Of Credit
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
14551000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
7062000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
498050000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
618771000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
477714000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
512601000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
625833000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
439472000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
89321000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
116808000 usd
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
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CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
98993000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
118522000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
86990000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
215000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
89390000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.258
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.250
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.250
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.049
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.030
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.016
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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-0.005
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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-0.010
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.044
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.081
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.008
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.174
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.181
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.183
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.258
CY2021Q4 us-gaap Unrecognized Tax Benefits
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103618000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
100092000 usd
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
58002000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9754000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
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CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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Files In Submission

Name View Source Status
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