QuidelOrtho (QDEL) Operating Income (2021 - 2024)

QuidelOrtho's (QDEL) quarterly Operating Income came in at -$1.8 billion in Q1 2024, down 1865.06% year-on-year from $99.6 million in Q2 2023, and down 184.42% quarter-over-quarter from -$618.1 million in Q4 2023.

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

QuidelOrtho has disclosed Operating Income across 4 years of filings, most recently posting -$1.8 billion for Q1 2024.

  • Operating Income for Q1 2024 came in at -$1.8 billion, down 1865.06% year-over-year; the trailing twelve-month figure through Mar 2024 was -$2.4 billion (down 531.73% YoY), and the FY2024 annual result was -$2.0 billion, down 1509.71% from the prior year.
  • Operating Income came in at -$1.8 billion for Q1 2024 at QuidelOrtho, down from -$618.1 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $620.7 million in Q2 2022 to a low of -$1.8 billion in Q1 2024.
  • The 4-year median for Operating Income is $56.8 million (2022), against an average of -$81.9 million.
  • Across the five-year window, Operating Income surged 242.06% in 2022 and slumped 1865.06% in 2024, its largest moves.
  • QuidelOrtho's Operating Income stood at $281.8 million in 2021, then sank by 79.84% to $56.8 million in 2022, then slumped by 1188.2% to -$618.1 million in 2023, then plunged by 184.42% to -$1.8 billion in 2024.
  • The last three Operating Income figures came in at -$1.8 billion (Q1 2024), -$618.1 million (Q4 2023), and $26.3 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 1.35 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 936.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 1.46 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 1.10 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 477.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 282.15 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 255.30 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 515.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 316.80 Mn
10 QuidelOrtho 934.34 Mn 793.94 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 -1.76 Bn
Dec 31, 2023 -618.10 Mn
Oct 1, 2023 26.30 Mn
Jul 2, 2023 -26.90 Mn
Apr 2, 2023 99.60 Mn
Jan 1, 2023 314.40 Mn
Oct 2, 2022 56.80 Mn
Jul 3, 2022 79.70 Mn
Apr 3, 2022 620.70 Mn
Oct 3, 2021 281.80 Mn
Jul 4, 2021 23.30 Mn