QuidelOrtho (QDEL) Revenue (2021 - 2024)
QuidelOrtho (QDEL) reported Revenue of $711.0 million for Q1 2024, down 15.97% on a YoY basis from $846.1 million in Q2 2023, and down 4.44% sequentially from $744.0 million in Q4 2023.
QuidelOrtho (QDEL) Revenue (2021 - 2024) Analysis & Trends
QuidelOrtho (QDEL) has 4 years of Revenue data on file, last reported at $711.0 million in Q1 2024.
- For the quarter ending Q1 2024, Revenue fell 15.97% year-over-year to $711.0 million; the trailing twelve-month figure through Mar 2024 stood at $3.0 billion (down 15.14% YoY), and the FY2024 full-year result was $2.8 billion, down 7.17% from the prior year.
- Revenue eased to $711.0 million in Q1 2024, 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.
- A 4-year average of $730.4 million and a median of $727.5 million in 2023 frame the typical range for Revenue.
- Across the five-year window, Revenue soared 296.6% in 2022 and decreased 15.97% in 2024, its largest moves.
- Tracing QDEL's Revenue over 4 years: stood at $509.8 million in 2021, then surged by 53.75% to $783.8 million in 2022, then fell by 5.08% to $744.0 million in 2023, then fell by 4.44% to $711.0 million in 2024.
- Business Quant data shows QDEL's Revenue at $711.0 million in Q1 2024, $744.0 million in Q4 2023, and $665.1 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 11.16 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 6.02 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 9.81 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 5.20 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 1.65 Bn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 1.19 Bn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 4.57 Bn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 5.13 Bn |
| 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 | 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 |