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
DateValue
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