QuidelOrtho (QDEL) Research & Development (2021 - 2024)

QuidelOrtho's (QDEL) quarterly Research & Development came in at $59.2 million in Q1 2024, down 4.98% year-on-year from $62.3 million in Q2 2023, and down 50.17% quarter-over-quarter from $118.8 million in Q4 2023.

QuidelOrtho (QDEL) Research & Development (2021 - 2024) Analysis & Trends

QuidelOrtho has disclosed Research & Development across 4 years of filings, most recently posting $59.2 million for Q1 2024.

  • Research & Development for Q1 2024 came in at $59.2 million, down 4.98% year-over-year; the trailing twelve-month figure through Mar 2024 was $303.2 million (up 8.13% YoY), and the FY2024 annual result was $218.7 million, down 10.73% from the prior year.
  • Research & Development came in at $59.2 million for Q1 2024 at QuidelOrtho, down from $118.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $118.8 million in Q4 2023 to a low of $22.6 million in Q3 2021.
  • The 4-year median for Research & Development is $62.3 million (2023), against an average of $59.7 million.
  • Across the five-year window, Research & Development jumped 176.79% in 2022 and decreased 4.98% in 2024, its largest moves.
  • QuidelOrtho's Research & Development stood at $23.7 million in 2021, then surged by 176.79% to $65.6 million in 2022, then jumped by 81.1% to $118.8 million in 2023, then sank by 50.17% to $59.2 million in 2024.
  • The last three Research & Development figures came in at $59.2 million (Q1 2024), $118.8 million (Q4 2023), and $62.4 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 767.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 413.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 345.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 28.80 Mn
10 QuidelOrtho 934.34 Mn 793.94 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 59.20 Mn
Dec 31, 2023 118.80 Mn
Oct 1, 2023 62.40 Mn
Jul 2, 2023 62.80 Mn
Apr 2, 2023 62.30 Mn
Jan 1, 2023 118.30 Mn
Oct 2, 2022 65.60 Mn
Jul 3, 2022 34.20 Mn
Apr 3, 2022 26.40 Mn
Oct 3, 2021 23.70 Mn
Jul 4, 2021 22.60 Mn