QuidelOrtho (QDEL) Consolidated Net Income (2021 - 2024)

QuidelOrtho (QDEL) reported Consolidated Net Income of -$1.7 billion for Q1 2024, down 3595.9% on a YoY basis from $48.8 million in Q2 2023, and down 222.8% sequentially from -$528.5 million in Q4 2023.

QuidelOrtho (QDEL) Consolidated Net Income (2021 - 2024) Analysis & Trends

QuidelOrtho (QDEL) has 4 years of Consolidated Net Income data on file, last reported at -$1.7 billion in Q1 2024.

  • For the quarter ending Q1 2024, Consolidated Net Income fell 3595.9% year-over-year to -$1.7 billion; the trailing twelve-month figure through Dec 2024 stood at -$1.7 billion (down 212.68% YoY), and the FY2024 full-year result was -$2.1 billion, down 20216.83% from the prior year.
  • Consolidated Net Income declined to -$1.7 billion in Q1 2024, from -$528.5 million in the prior quarter.
  • In the past five years, Consolidated Net Income ranged from a high of $479.9 million in Q2 2022 to a low of -$1.7 billion in Q1 2024.
  • A 4-year average of -$123.9 million and a median of $19.2 million in 2022 frame the typical range for Consolidated Net Income.
  • Across the five-year window, Consolidated Net Income rose 1.05% in 2022 and plunged 3595.9% in 2024, its largest moves.
  • Tracing QDEL's Consolidated Net Income over 4 years: stood at $215.7 million in 2021, then slumped by 91.1% to $19.2 million in 2022, then tumbled by 2852.6% to -$528.5 million in 2023, then sank by 222.8% to -$1.7 billion in 2024.
  • Business Quant data shows QDEL's Consolidated Net Income at -$1.7 billion in Q1 2024, -$528.5 million in Q4 2023, and -$12.7 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Abbott Laboratories 183.20 Bn 175.91 Bn 6.27 Bn 1.08 Bn
2 Stryker 128.87 Bn 125.99 Bn 3.81 Bn 745.00 Mn
3 Medtronic 108.88 Bn 99.66 Bn 6.41 Bn 1.26 Bn
4 Boston Scientific 68.33 Bn 66.87 Bn 3.61 Bn 1.34 Bn
5 Edwards Lifesciences 47.31 Bn 43.64 Bn 1.29 Bn -
6 Dexcom 28.65 Bn 27.53 Bn 750.30 Mn 199.50 Mn
7 GE HealthCare Technologies 28.40 Bn 26.11 Bn 1.98 Bn 411.00 Mn
8 Smith & Nephew 26.97 Bn 26.40 Bn - -
9 Koninklijke Philips 25.55 Bn 22.42 Bn 2.07 Bn 273.95 Mn
10 QuidelOrtho 1.14 Bn 999.90 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 -1.71 Bn
Dec 31, 2023 -528.50 Mn
Oct 1, 2023 -12.70 Mn
Jul 2, 2023 -53.20 Mn
Apr 2, 2023 48.80 Mn
Jan 1, 2023 135.80 Mn
Oct 2, 2022 19.20 Mn
Jul 3, 2022 19.30 Mn
Apr 3, 2022 479.90 Mn
Oct 3, 2021 215.70 Mn
Jul 4, 2021 19.10 Mn