QuidelOrtho (QDEL) Net Income (2021 - 2024)
QuidelOrtho recorded quarterly Net Income of -$1.7 billion in Q1 2024, down 222.8% quarter-over-quarter from -$528.5 million in Q4 2023, and down 3595.9% year-over-year from $48.8 million in Q2 2023.
QuidelOrtho's Net Income history runs 4 years deep, the most recent figure standing at -$1.7 billion for Q1 2024.
- In Q1 2024, Net Income fell 3595.9% year-over-year to -$1.7 billion; the TTM figure through Dec 2024 stood at -$1.7 billion (down 212.68% YoY), while the FY2024 annual figure 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.
- A 4-year average of -$123.9 million and a median of $19.2 million in 2022 frame the typical range for Net Income.
- Across the five-year window, Net Income gained 1.05% in 2022 and sank 3595.9% in 2024, its largest moves.
- QuidelOrtho's Net Income stood at $215.7 million in 2021, then plunged by 91.1% to $19.2 million in 2022, then sank by 2852.6% to -$528.5 million in 2023, then tumbled by 222.8% to -$1.7 billion in 2024.
- According to Business Quant data, Net Income over the past three periods registered -$1.7 billion, -$528.5 million, and -$12.7 million for Q1 2024, Q4 2023, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 1.08 Bn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 745.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 1.15 Bn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 1.34 Bn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 273.95 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 199.50 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 411.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | - |
| 10 | QuidelOrtho | 898.19 Mn | 757.79 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |