Growth Metrics

QuidelOrtho (QDEL) Gross Margin (2021 - 2024)

QuidelOrtho's Gross Margin history spans 4 years, with the latest figure at 98.87% for Q1 2024.

  • On a quarterly basis, Gross Margin fell 68.0% to 98.87% in Q1 2024 year-over-year; TTM through Mar 2024 was 74.5%, a 2066.0% increase, with the full-year FY2024 number at 98.14%, up 4820.0% from a year prior.
  • Gross Margin hit 98.87% in Q1 2024 for QuidelOrtho, up from 49.48% in the prior quarter.
  • Over the last five years, Gross Margin for QDEL hit a ceiling of 100.0% in Q3 2021 and a floor of 14.13% in Q1 2023.
  • Historically, Gross Margin has averaged 71.25% across 4 years, with a median of 86.45% in 2022.
  • The widest YoY moves for Gross Margin: up 2552bps in 2023, down -5001bps in 2023.
  • Tracing QDEL's Gross Margin over 4 years: stood at 100.0% in 2021, then decreased by -1bps to 99.49% in 2022, then crashed by -50bps to 49.48% in 2023, then skyrocketed by 100bps to 98.87% in 2024.
  • Business Quant data shows Gross Margin for QDEL at 98.87% in Q1 2024, 49.48% in Q4 2023, and 44.56% in Q3 2023.