QuidelOrtho QDEL
NASDAQ QDEL
$12.86 -0.52 (-3.85%)
As of: Sep 9, 2026 · 12:14 PM EDT

QuidelOrtho (QDEL) Operating Expenses (2021 - 2024)

QuidelOrtho's (QDEL) quarterly Operating Expenses came in at $286.5 million in Q1 2024, down 2.68% year-over-year from $294.4 million in Q2 2023, and down 43.56% quarter-over-quarter from $507.6 million in Q4 2023.

Analysis

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

QuidelOrtho has disclosed Operating Expenses across 4 years of filings, most recently posting $286.5 million for Q1 2024.

  • In Q1 2024, Operating Expenses fell 2.68% year-over-year to $286.5 million; the TTM figure through Mar 2024 stood at $1.3 billion (down 12.27% YoY), while the FY2024 annual figure was $1.1 billion, down 0.79% from the prior year.
  • Operating Expenses came in at $286.5 million for Q1 2024 at QuidelOrtho, down from $507.6 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.
  • Average Operating Expenses over 4 years is $286.6 million, with a median of $283.0 million recorded in 2023.
  • Year-over-year, Operating Expenses surged 241.64% in 2022 and dropped 28.26% in 2023.
  • Over 4 years, Operating Expenses stood at $86.7 million in 2021, then surged by 241.64% to $296.2 million in 2022, then surged by 71.37% to $507.6 million in 2023, then slumped by 43.56% to $286.5 million in 2024.
  • Per Business Quant data, the three most recent Operating Expenses figures were $286.5 million in Q1 2024, $507.6 million in Q4 2023, and $283.0 million in Q4 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE HealthCare Technologies 29.85 Bn 27.74 Bn 2.18 Bn 1.44 Bn
2 Lantheus Holdings 6.57 Bn 5.98 Bn 241.86 Mn 103.44 Mn
3 Heartflow 4.11 Bn 3.74 Bn 53.19 Mn 71.09 Mn
4 Neogen 2.59 Bn 2.40 Bn 107.80 Mn 104.70 Mn
5 Butterfly Network 1.99 Bn 1.87 Bn 23.29 Mn 36.95 Mn
6 Ceribell 924.56 Mn 795.30 Mn 25.94 Mn 45.92 Mn
7 QuidelOrtho 874.92 Mn 751.52 Mn - -
8 Varex Imaging 779.06 Mn 679.86 Mn 76.70 Mn 53.90 Mn
9 Prenetics Global 340.90 Mn 281.85 Mn 30.20 Mn -10.82 Mn
10 CapsoVision 324.09 Mn 315.02 Mn 1.87 Mn 9.45 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2024 286.50 Mn
Dec 31, 2023 507.60 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