QuidelOrtho (QDEL) Change in Inventory (2021 - 2026)
QuidelOrtho's (QDEL) quarterly Change in Inventory came in at $50.7 million in Q2 2026, up 2.42% year-over-year from $49.5 million in Q2 2025, and down 30.17% quarter-over-quarter from $72.6 million in Q1 2026.
Analysis
QuidelOrtho (QDEL) Change in Inventory (2021 - 2026) Analysis & Trends
QuidelOrtho has disclosed Change in Inventory across 6 years of filings, most recently posting $50.7 million for Q2 2026.
- In Q2 2026, Change in Inventory rose 2.42% year-over-year to $50.7 million; the TTM figure through Jun 2026 stood at $169.0 million (up 19.43% YoY), while the FY2025 annual figure was $148.3 million, up 10.59% from the prior year.
- Change in Inventory came in at $50.7 million for Q2 2026 at QuidelOrtho, down from $72.6 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $72.6 million in Q1 2026 to a low of -$17.3 million in Q2 2022.
- Average Change in Inventory over 5 years is $39.6 million, with a median of $43.9 million recorded in 2023.
- Year-over-year, Change in Inventory surged 315.61% in 2023 and sank 73.83% in 2024.
- Over 5 years, Change in Inventory stood at -$17.3 million in 2022, then soared by 479.19% to $65.6 million in 2023, then sank by 64.63% to $23.2 million in 2024, then plunged by 71.55% to $6.6 million in 2025, then jumped by 668.18% to $50.7 million in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were $50.7 million in Q2 2026, $72.6 million in Q1 2026, and $6.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 31.10 Bn | 29.22 Bn | 2.18 Bn | 139.00 Mn |
| 2 | Lantheus Holdings | 6.59 Bn | 6.00 Bn | 241.86 Mn | -3.30 Mn |
| 3 | Heartflow | 4.24 Bn | 3.87 Bn | 53.19 Mn | - |
| 4 | Neogen | 2.58 Bn | 2.39 Bn | 107.80 Mn | -16.70 Mn |
| 5 | Butterfly Network | 1.75 Bn | 1.62 Bn | 23.29 Mn | -745,000.00 |
| 6 | QuidelOrtho | 954.15 Mn | 830.75 Mn | - | 50.70 Mn |
| 7 | Ceribell | 944.88 Mn | 815.62 Mn | 25.94 Mn | -164,000.00 |
| 8 | Anbio Biotechnology | 941.05 Mn | 929.15 Mn | - | - |
| 9 | Varex Imaging | 780.16 Mn | 694.86 Mn | 76.70 Mn | 1.50 Mn |
| 10 | Prenetics Global | 357.49 Mn | 298.35 Mn | 30.20 Mn | 80,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 50.70 Mn |
| Mar 29, 2026 | 72.60 Mn |
| Dec 28, 2025 | 6.60 Mn |
| Sep 28, 2025 | 39.10 Mn |
| Jun 29, 2025 | 49.50 Mn |
| Mar 30, 2025 | 53.10 Mn |
| Dec 29, 2024 | 23.20 Mn |
| Sep 29, 2024 | 15.70 Mn |
| Jun 30, 2024 | 57.50 Mn |
| Mar 31, 2024 | 37.70 Mn |
| Dec 31, 2023 | 65.60 Mn |
| Oct 1, 2023 | 60.00 Mn |
| Jul 2, 2023 | 48.70 Mn |
| Apr 2, 2023 | 37.30 Mn |
| Jan 1, 2023 | 33.60 Mn |
| Apr 3, 2022 | -17.30 Mn |
| Oct 3, 2021 | -21.50 Mn |