QGEN FY 2018 Earnings Report — Qiagen N.V. Revenue & Financial Results | Market Cap Arena

Qiagen N.V.QGEN

FY 2018 Earnings

Reported March 5, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$1.5B	—	$1.4B	—	5.9%
Op. Income	$267M	—	$153M	—	73.8%
Gross Margin	66.6%	—	65.1%	—	1.6pp
Net Margin	12.7%	—	2.8%	—	9.8pp
EPS (Diluted)	$0.82	—	$0.17	—	382.4%
Free Cash Flow	$209M	—	$162M	—	28.6%

Revenue Flow

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$501M
GROSS PROFIT	$1.0B
R&D Expenses	$162M
Selling & Marketing	$392M
General & Administrative	$141M
SG&A Expenses	$533M
Other Expenses	$76M
Operating Expenses	$734M
Cost & Expenses	$1.2B
OPERATING INCOME	$267M
Interest Income	$21M
Interest Expense	$67M
Other Income/Expenses	-$41M
INCOME BEFORE TAX	$226M
Income Tax Expense	$35M
Net Income from Continuing Ops	$190M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$190M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$190M
D&A	$206M
EBIT	$293M
EBITDA	$499M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$501M
GROSS PROFIT	$1.0B
R&D Expenses	$162M
Selling & Marketing	$392M
General & Administrative	$141M
SG&A Expenses	$533M
Other Expenses	$76M
Operating Expenses	$734M
Cost & Expenses	$1.2B
OPERATING INCOME	$267M
Interest Income	$21M
Interest Expense	$67M
Other Income/Expenses	-$41M
INCOME BEFORE TAX	$226M
Income Tax Expense	$35M
Net Income from Continuing Ops	$190M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$190M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$190M
D&A	$206M
EBIT	$293M
EBITDA	$499M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$190M
Depreciation & Amortization	$206M
Stock-Based Compensation	$40M
Deferred Income Tax	-$23M
Other Non-Cash Items	$41M
Change in Working Capital	-$95M
OPERATING CASH FLOW	$359M
Capital Expenditure	-$151M
Acquisitions (Net)	-$173M
Purchases of Investments	-$577M
Sales/Maturities of Investments	$692M
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$211M
Net Debt Issuance	$494M
Common Stock Repurchased	-$105M
Common Dividends Paid	$0
Other Financing Activities	-$28M
NET CASH FROM FINANCING	$360M
FREE CASH FLOW	$209M
Net Change in Cash	$501M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.2B
Short-Term Investments	$235M
Net Receivables	$398M
Inventory	$163M
Other Current Assets	$103M
TOTAL CURRENT ASSETS	$2.2B
PP&E (Net)	$512M
Goodwill	$2.1B
Intangible Assets	$475M
Long-Term Investments	$370M
Tax Assets	$43M
Other Non-Current Assets	$85M
TOTAL NON-CURRENT ASSETS	$3.6B
TOTAL ASSETS	$5.7B
Account Payables	$69M
Short-Term Debt	$503M
Deferred Revenue	$45M
Other Current Liabilities	$257M
TOTAL CURRENT LIABILITIES	$972M
Long-Term Debt	$1.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$63M
Other Non-Current Liabilities	$407M
TOTAL NON-CURRENT LIABILITIES	$2.1B
TOTAL LIABILITIES	$3.1B
Common Stock	$3M
Additional Paid-In Capital	$1.7B
Retained Earnings	$1.4B
Treasury Stock	-$179M
Accum. Other Comp. Income	-$311M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.6B
Minority Interest	$0
TOTAL EQUITY	$2.6B
TOTAL LIABILITIES & EQUITY	$5.7B
Total Debt	$2.2B
Net Debt	$990M