QuidelOrtho (QDEL) Gross Profit (2021 - 2024)
QuidelOrtho's (QDEL) quarterly Gross Profit came in at $332.1 million in Q1 2024, down 25.97% year-over-year from $448.6 million in Q2 2023, and down 9.78% quarter-over-quarter from $368.1 million in Q4 2023.
Analysis
QuidelOrtho (QDEL) Gross Profit (2021 - 2024) Analysis & Trends
QuidelOrtho has disclosed Gross Profit across 4 years of filings, most recently posting $332.1 million for Q1 2024.
- In Q1 2024, Gross Profit fell 25.97% year-over-year to $332.1 million; the TTM figure through Mar 2024 stood at $1.4 billion (up 3.93% YoY), while the FY2024 annual figure was $1.3 billion, down 14.07% from the prior year.
- Gross Profit came in at $332.1 million for Q1 2024 at QuidelOrtho, down from $368.1 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $742.0 million in Q2 2022 to a low of $108.0 million in Q3 2021.
- Average Gross Profit over 4 years is $361.3 million, with a median of $371.8 million recorded in 2021.
- Year-over-year, Gross Profit jumped 293.06% in 2022 and slumped 39.54% in 2023.
- Over 4 years, Gross Profit stood at $375.4 million in 2021, then gained by 8.55% to $407.5 million in 2022, then retreated by 9.67% to $368.1 million in 2023, then dropped by 9.78% to $332.1 million in 2024.
- Per Business Quant data, the three most recent Gross Profit figures were $332.1 million in Q1 2024, $368.1 million in Q4 2023, and $296.4 million in Q3 2023.
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