QuidelOrtho (QDEL) Gross Margin (2021 - 2024)

QuidelOrtho has disclosed Gross Margin across 4 years of filings, most recently posting 98.87% for Q1 2024.

• Gross Margin for Q1 2024 came in at 98.87%, up 4586.0% year-over-year; the trailing twelve-month figure through Mar 2024 was 73.65% (up 2322.0% YoY), and the FY2024 annual result was 46.23%, down 5287.0% from the prior year.
• Gross Margin came in at 98.87% for Q1 2024 at QuidelOrtho, roughly flat from 99.01% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 100.0% in Q4 2021 to a low of 9.44% in Q1 2023.
• The 4-year median for Gross Margin is 80.01% (2024), against an average of 72.62%.
• Across the five-year window, Gross Margin slumped 4698 bps in 2023 and soared 4586 bps in 2024, its largest moves.
• QuidelOrtho's Gross Margin stood at 100.0% in 2021, then dropped by 1 bps to 99.49% in 2022, then slipped by 0 bps to 99.01% in 2023, then retreated by 0 bps to 98.87% in 2024.
• The last three Gross Margin figures came in at 98.87% (Q1 2024), 99.01% (Q4 2023), and 44.56% (Q3 2023), per Business Quant data.