QuidelOrtho (QDEL) Revenue (2021 - 2024)
QuidelOrtho (QDEL) posted Revenue of $711.0 million for Q1 2024, down 4.44% sequentially from $744.0 million in Q4 2023, and down 15.97% YoY from $846.1 million in Q2 2023.
QuidelOrtho (QDEL) Revenue (2021 - 2024) Analysis & Trends
QuidelOrtho has reported Revenue for 4 years, with the latest figure at $711.0 million in Q1 2024.
- Quarterly Revenue fell 15.97% year-over-year to $711.0 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $3.0 billion (down 15.14% YoY) and the FY2024 annual result came in at $2.8 billion, down 7.17% from the prior year.
- Revenue eased to $711.0 million in Q1 2024 per QDEL's latest filing, from $744.0 million in the prior quarter.
- Over five years, Revenue peaked at $1.2 billion in Q1 2023 and troughed at $176.6 million in Q3 2021.
- A 4-year average of $730.4 million and a median of $727.5 million in 2023 frame the typical range for Revenue.
- The sharpest annual moves came in 2022 and 2024: Revenue surged 296.6% in 2022, then dropped 15.97% in 2024.
- Over 4 years, Revenue stood at $509.8 million in 2021, then surged by 53.75% to $783.8 million in 2022, then slipped by 5.08% to $744.0 million in 2023, then slipped by 4.44% to $711.0 million in 2024.
- According to Business Quant data, Revenue over the past three periods registered $711.0 million, $744.0 million, and $665.1 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.90 Bn | 194.30 Bn | 7.27 Bn | 12.59 Bn |
| 2 | Stryker | 130.01 Bn | 126.54 Bn | 4.50 Bn | 6.59 Bn |
| 3 | Medtronic | 120.53 Bn | 111.31 Bn | 6.41 Bn | 9.81 Bn |
| 4 | Boston Scientific | 74.77 Bn | 74.24 Bn | 3.85 Bn | 5.44 Bn |
| 5 | Edwards Lifesciences | 52.74 Bn | 48.49 Bn | 1.35 Bn | 1.74 Bn |
| 6 | Dexcom | 34.74 Bn | 32.79 Bn | 830.00 Mn | 1.31 Bn |
| 7 | GE HealthCare Technologies | 33.78 Bn | 31.67 Bn | 2.18 Bn | 5.30 Bn |
| 8 | Koninklijke Philips | 26.43 Bn | 23.11 Bn | 4.55 Bn | 9.61 Bn |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 1.49 Bn |
| 10 | QuidelOrtho | 984.54 Mn | 861.14 Mn | - | - |
Historic Data
Download 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 |