QuidelOrtho (QDEL) Cost of Revenue (2021 - 2024)

QuidelOrtho has disclosed Cost of Revenue across 4 years of filings, most recently posting $378.9 million for Q1 2024.

• In Q1 2024, Cost of Revenue fell 4.68% year-over-year to $378.9 million; the TTM figure through Mar 2024 stood at $1.7 billion (down 18.68% YoY), while the FY2024 annual figure was $1.5 billion, changed 0.29% from the prior year.
• Cost of Revenue came in at $378.9 million for Q1 2024 at QuidelOrtho, down from $588.2 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $1.1 billion in Q1 2023 to a low of $68.6 million in Q3 2021.
• Average Cost of Revenue over 4 years is $389.1 million, with a median of $375.9 million recorded in 2023.
• Year-over-year, Cost of Revenue soared 302.19% in 2022 and slumped 44.26% in 2023.
• Over 4 years, Cost of Revenue stood at $134.4 million in 2021, then surged by 179.99% to $376.3 million in 2022, then soared by 56.31% to $588.2 million in 2023, then tumbled by 35.58% to $378.9 million in 2024.
• Per Business Quant data, the three most recent Cost of Revenue figures were $378.9 million in Q1 2024, $588.2 million in Q4 2023, and $375.9 million in Q4 2023.