QuidelOrtho (QDEL) Revenue (2021 - 2024)
QuidelOrtho's (QDEL) quarterly Revenue came in at $711.0 million in Q1 2024, down 15.97% year-over-year from $846.1 million in Q2 2023, and down 4.44% quarter-over-quarter from $744.0 million in Q4 2023.
Analysis
QuidelOrtho (QDEL) Revenue (2021 - 2024) Analysis & Trends
QuidelOrtho has disclosed Revenue across 4 years of filings, most recently posting $711.0 million for Q1 2024.
- In Q1 2024, Revenue fell 15.97% year-over-year to $711.0 million; the TTM figure through Mar 2024 stood at $3.0 billion (down 15.14% YoY), while the FY2024 annual figure was $2.8 billion, down 7.17% from the prior year.
- Revenue came in at $711.0 million for Q1 2024 at QuidelOrtho, down from $744.0 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $1.2 billion in Q1 2023 to a low of $176.6 million in Q3 2021.
- Average Revenue over 4 years is $730.4 million, with a median of $727.5 million recorded in 2023.
- Year-over-year, Revenue jumped 296.6% in 2022 and slipped 15.97% in 2024.
- Over 4 years, Revenue stood at $509.8 million in 2021, then soared by 53.75% to $783.8 million in 2022, then retreated by 5.08% to $744.0 million in 2023, then retreated by 4.44% to $711.0 million in 2024.
- Per Business Quant data, the three most recent Revenue figures were $711.0 million in Q1 2024, $744.0 million in Q4 2023, and $665.1 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.13 Bn | 27.02 Bn | 2.18 Bn | 5.30 Bn |
| 2 | Lantheus Holdings | 6.57 Bn | 5.97 Bn | 241.86 Mn | 388.18 Mn |
| 3 | Heartflow | 3.97 Bn | 3.60 Bn | 53.19 Mn | 64.08 Mn |
| 4 | Neogen | 2.55 Bn | 2.36 Bn | 107.80 Mn | 225.30 Mn |
| 5 | Butterfly Network | 1.88 Bn | 1.76 Bn | 23.29 Mn | 32.61 Mn |
| 6 | Ceribell | 912.39 Mn | 783.13 Mn | 25.94 Mn | 28.10 Mn |
| 7 | QuidelOrtho | 827.80 Mn | 704.40 Mn | - | - |
| 8 | Varex Imaging | 778.64 Mn | 679.44 Mn | 76.70 Mn | 210.50 Mn |
| 9 | Prenetics Global | 338.51 Mn | 279.46 Mn | 30.20 Mn | 46.49 Mn |
| 10 | CapsoVision | 318.10 Mn | 309.03 Mn | 1.87 Mn | 3.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 711.00 Mn |
| Oct 1, 2023 | 744.00 Mn |
| Jul 2, 2023 | 665.10 Mn |
| Apr 2, 2023 | 846.10 Mn |
| Jan 1, 2023 | 1.17 Bn |
| Oct 2, 2022 | 783.80 Mn |
| Jul 3, 2022 | 700.40 Mn |
| Apr 3, 2022 | 1.00 Bn |
| Oct 3, 2021 | 509.80 Mn |
| Jul 4, 2021 | 176.60 Mn |