QuidelOrtho (QDEL) Cost of Revenue (2021 - 2024)
QuidelOrtho's (QDEL) quarterly Cost of Revenue came in at $8.0 million in Q1 2024, down 97.99% year-on-year from $397.5 million in Q2 2023, and up 100.9% quarter-over-quarter from -$885.4 million in Q4 2023.
QuidelOrtho (QDEL) Cost of Revenue (2021 - 2024) Analysis & Trends
QuidelOrtho has disclosed Cost of Revenue across 4 years of filings, most recently posting $8.0 million for Q1 2024.
- Cost of Revenue for Q1 2024 came in at $8.0 million, down 97.99% year-over-year; the trailing twelve-month figure through Mar 2024 was -$501.3 million (down 128.93% YoY), and the FY2024 annual result was $1.5 billion, up 5421.77% from the prior year.
- Cost of Revenue came in at $8.0 million for Q1 2024 at QuidelOrtho, up from -$885.4 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 -$885.4 million in Q4 2023.
- The 4-year median for Cost of Revenue is $68.6 million (2021), against an average of $144.4 million.
- Across the five-year window, Cost of Revenue surged 302.19% in 2022 and tumbled 183.91% in 2023, its largest moves.
- QuidelOrtho's Cost of Revenue stood at $68.6 million in 2021, then sank by 94.17% to $4.0 million in 2022, then slumped by 22235.0% to -$885.4 million in 2023, then surged by 100.9% to $8.0 million in 2024.
- The last three Cost of Revenue figures came in at $8.0 million (Q1 2024), -$885.4 million (Q4 2023), and $7.4 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.92 Bn | 146.27 Bn | 6.27 Bn | 4.89 Bn |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 2.21 Bn |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 3.26 Bn |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | 1.59 Bn |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | 362.60 Mn |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 481.00 Mn |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 2.51 Bn |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | 441.60 Mn |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | 891.20 Mn |
| 10 | QuidelOrtho | 967.08 Mn | 826.68 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 8.00 Mn |
| Mar 31, 2024 | 8.00 Mn |
| Dec 31, 2023 | -885.40 Mn |
| Dec 31, 2023 | -885.40 Mn |
| Oct 1, 2023 | 7.40 Mn |
| Oct 1, 2023 | 7.40 Mn |
| Jul 2, 2023 | 368.70 Mn |
| Jul 2, 2023 | 368.70 Mn |
| Apr 2, 2023 | 397.50 Mn |
| Apr 2, 2023 | 397.50 Mn |
| Jan 1, 2023 | 1.06 Bn |
| Jan 1, 2023 | 1.06 Bn |
| Oct 2, 2022 | 4.00 Mn |
| Oct 2, 2022 | 4.00 Mn |
| Jul 3, 2022 | 275.90 Mn |
| Jul 3, 2022 | 275.90 Mn |
| Jul 4, 2021 | 68.60 Mn |
| Jul 4, 2021 | 68.60 Mn |