QuidelOrtho (QDEL) Operating Income (2021 - 2024)
QuidelOrtho (QDEL) reported Operating Income of -$1.8 billion for Q1 2024, down 1865.06% on a YoY basis from $99.6 million in Q2 2023, and down 184.42% sequentially from -$618.1 million in Q4 2023.
QuidelOrtho (QDEL) Operating Income (2021 - 2024) Analysis & Trends
QuidelOrtho (QDEL) has 4 years of Operating Income data on file, last reported at -$1.8 billion in Q1 2024.
- For the quarter ending Q1 2024, Operating Income fell 1865.06% year-over-year to -$1.8 billion; the trailing twelve-month figure through Mar 2024 stood at -$2.4 billion (down 531.73% YoY), and the FY2024 full-year result was -$2.0 billion, down 1509.71% from the prior year.
- Operating Income slipped to -$1.8 billion in Q1 2024, 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.
- A 4-year average of -$81.9 million and a median of $56.8 million in 2022 frame the typical range for Operating Income.
- Across the five-year window, Operating Income surged 242.06% in 2022 and plunged 1865.06% in 2024, its largest moves.
- Tracing QDEL's Operating Income over 4 years: stood at $281.8 million in 2021, then slumped by 79.84% to $56.8 million in 2022, then tumbled by 1188.2% to -$618.1 million in 2023, then sank by 184.42% to -$1.8 billion in 2024.
- Business Quant data shows QDEL's Operating Income at -$1.8 billion in Q1 2024, -$618.1 million in Q4 2023, and $26.3 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 1.35 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 936.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 1.87 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 1.10 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 477.60 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 255.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 282.15 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 515.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | QuidelOrtho | 1.13 Bn | 990.36 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |