QuidelOrtho (QDEL) Research & Development (2021 - 2024)
QuidelOrtho's Research & Development history spans 4 years, with the latest figure at $59.2 million for Q1 2024.
- On a quarterly basis, Research & Development fell 4.98% to $59.2 million in Q1 2024 year-over-year; TTM through Mar 2024 was $303.2 million, a 8.13% increase, with the full-year FY2024 number at $218.7 million, down 10.73% from a year prior.
- Research & Development hit $59.2 million in Q1 2024 for QuidelOrtho, down from $118.8 million in the prior quarter.
- Over the last five years, Research & Development for QDEL hit a ceiling of $118.8 million in Q4 2023 and a floor of $22.6 million in Q3 2021.
- Historically, Research & Development has averaged $59.7 million across 4 years, with a median of $62.3 million in 2023.
- Biggest five-year swings in Research & Development: skyrocketed 176.79% in 2022 and later dropped 4.98% in 2024.
- Tracing QDEL's Research & Development over 4 years: stood at $23.7 million in 2021, then skyrocketed by 176.79% to $65.6 million in 2022, then surged by 81.1% to $118.8 million in 2023, then tumbled by 50.17% to $59.2 million in 2024.
- Business Quant data shows Research & Development for QDEL at $59.2 million in Q1 2024, $118.8 million in Q4 2023, and $62.4 million in Q4 2023.