QuidelOrtho (QDEL) Operating Expenses (2021 - 2024)

QuidelOrtho (QDEL) reported Operating Expenses of $286.5 million for Q1 2024, down 2.68% on a YoY basis from $294.4 million in Q2 2023, and down 40.11% sequentially from $478.4 million in Q4 2023.

QuidelOrtho (QDEL) Operating Expenses (2021 - 2024) Analysis & Trends

QuidelOrtho (QDEL) has 4 years of Operating Expenses data on file, last reported at $286.5 million in Q1 2024.

  • For the quarter ending Q1 2024, Operating Expenses fell 2.68% year-over-year to $286.5 million; the trailing twelve-month figure through Dec 2024 stood at $286.5 million (down 78.33% YoY), and the FY2024 full-year result was $1.1 billion, down 0.79% from the prior year.
  • Operating Expenses slipped to $286.5 million in Q1 2024, from $478.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $707.6 million in Q1 2023 to a low of $77.9 million in Q3 2021.
  • A 4-year average of $284.0 million and a median of $283.0 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 241.64% in 2022 and sank 32.39% in 2023, its largest moves.
  • Tracing QDEL's Operating Expenses over 4 years: stood at $86.7 million in 2021, then jumped by 241.64% to $296.2 million in 2022, then jumped by 61.51% to $478.4 million in 2023, then slumped by 40.11% to $286.5 million in 2024.
  • Business Quant data shows QDEL's Operating Expenses at $286.5 million in Q1 2024, $478.4 million in Q4 2023, and $283.0 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 QuidelOrtho 1.13 Bn 990.36 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 286.50 Mn
Dec 31, 2023 478.40 Mn
Oct 1, 2023 283.00 Mn
Jul 2, 2023 266.10 Mn
Apr 2, 2023 294.40 Mn
Jan 1, 2023 707.60 Mn
Oct 2, 2022 296.20 Mn
Jul 3, 2022 232.80 Mn
Apr 3, 2022 114.20 Mn
Oct 3, 2021 86.70 Mn
Jul 4, 2021 77.90 Mn