QuidelOrtho (QDEL) Net Income (2021 - 2024)

QuidelOrtho's (QDEL) quarterly Net Income came in at -$1.7 billion in Q1 2024, down 3595.9% year-on-year from $48.8 million in Q2 2023, and down 222.8% quarter-over-quarter from -$528.5 million in Q4 2023.

QuidelOrtho (QDEL) Net Income (2021 - 2024) Analysis & Trends

QuidelOrtho has disclosed Net Income across 4 years of filings, most recently posting -$1.7 billion for Q1 2024.

  • Net Income for Q1 2024 came in at -$1.7 billion, down 3595.9% year-over-year; the trailing twelve-month figure through Dec 2024 was -$1.7 billion (down 212.68% YoY), and the FY2024 annual result was -$2.1 billion, down 20216.83% from the prior year.
  • Net Income came in at -$1.7 billion for Q1 2024 at QuidelOrtho, down from -$528.5 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $479.9 million in Q2 2022 to a low of -$1.7 billion in Q1 2024.
  • The 4-year median for Net Income is $19.2 million (2022), against an average of -$123.9 million.
  • Across the five-year window, Net Income rose 1.05% in 2022 and slumped 3595.9% in 2024, its largest moves.
  • QuidelOrtho's Net Income stood at $215.7 million in 2021, then sank by 91.1% to $19.2 million in 2022, then slumped by 2852.6% to -$528.5 million in 2023, then plunged by 222.8% to -$1.7 billion in 2024.
  • The last three Net Income figures came in at -$1.7 billion (Q1 2024), -$528.5 million (Q4 2023), and -$12.7 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Abbott Laboratories 152.92 Bn 146.27 Bn 6.27 Bn 1.08 Bn
2 Stryker 119.50 Bn 116.62 Bn 3.81 Bn 745.00 Mn
3 Medtronic 102.71 Bn 94.54 Bn 5.76 Bn 1.15 Bn
4 Boston Scientific 69.72 Bn 68.51 Bn 3.61 Bn 1.34 Bn
5 Edwards Lifesciences 49.24 Bn 45.57 Bn 1.29 Bn -
6 GE HealthCare Technologies 29.74 Bn 27.67 Bn 1.98 Bn 411.00 Mn
7 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 273.95 Mn
8 Dexcom 28.96 Bn 27.84 Bn 750.30 Mn 199.50 Mn
9 Steris 20.31 Bn 19.88 Bn 697.10 Mn -
10 QuidelOrtho 967.08 Mn 826.68 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 -1.71 Bn
Dec 31, 2023 -528.50 Mn
Oct 1, 2023 -12.70 Mn
Jul 2, 2023 -53.20 Mn
Apr 2, 2023 48.80 Mn
Jan 1, 2023 135.80 Mn
Oct 2, 2022 19.20 Mn
Jul 3, 2022 19.30 Mn
Apr 3, 2022 479.90 Mn
Oct 3, 2021 215.70 Mn
Jul 4, 2021 19.10 Mn