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QuidelOrtho (QDEL) Gross Margin (2021 - 2024)

QuidelOrtho (QDEL) has disclosed Gross Margin for 4 consecutive years, with 46.71% as the latest value for Q1 2024.

  • Quarterly Gross Margin fell 5284.0% to 46.71% in Q1 2024 from the year-ago period, while the trailing twelve-month figure was 86.74% through Mar 2024, up 3577.0% year-over-year, with the annual reading at 98.14% for FY2024, 96.0% down from the prior year.
  • Gross Margin hit 46.71% in Q1 2024 for QuidelOrtho, down from 49.48% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2021 to a low of 14.13% in Q1 2023.
  • Historically, Gross Margin has averaged 67.76% across 4 years, with a median of 75.71% in 2022.
  • Biggest YoY gain for Gross Margin was -45bps in 2023; the steepest drop was -5486bps in 2023.
  • Year by year, Gross Margin stood at 100.0% in 2021, then plummeted by -48bps to 51.99% in 2022, then decreased by -5bps to 49.48% in 2023, then fell by -6bps to 46.71% in 2024.
  • Business Quant data shows Gross Margin for QDEL at 46.71% in Q1 2024, 49.48% in Q4 2023, and 44.56% in Q3 2023.