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-on-year from $294.4 million in Q2 2023, and down 40.11% quarter-over-quarter from $478.4 million in Q4 2023.

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.

  • Operating Expenses for Q1 2024 came in at $286.5 million, down 2.68% year-over-year; the trailing twelve-month figure through Dec 2024 was $286.5 million (down 78.33% YoY), and the FY2024 annual result 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 $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.
  • The 4-year median for Operating Expenses is $283.0 million (2023), against an average of $284.0 million.
  • Across the five-year window, Operating Expenses jumped 241.64% in 2022 and tumbled 32.39% in 2023, its largest moves.
  • QuidelOrtho's Operating Expenses stood at $86.7 million in 2021, then surged by 241.64% to $296.2 million in 2022, then surged by 61.51% to $478.4 million in 2023, then sank by 40.11% to $286.5 million in 2024.
  • The last three Operating Expenses figures came in at $286.5 million (Q1 2024), $478.4 million (Q4 2023), and $283.0 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.82 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 2.87 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 1.46 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 380.30 Mn
10 QuidelOrtho 934.34 Mn 793.94 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