QuidelOrtho (QDEL) Tax Provisions (2021 - 2024)

QuidelOrtho has disclosed Tax Provisions across 4 years of filings, most recently posting -$92.9 million for Q1 2024.

• In Q1 2024, Tax Provisions fell 929.46% year-over-year to -$92.9 million; the TTM figure through Mar 2024 stood at -$123.1 million (down 200.9% YoY), while the FY2024 annual figure was -$79.5 million, down 318.42% from the prior year.
• Tax Provisions came in at -$92.9 million for Q1 2024 at QuidelOrtho, down from -$16.2 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $140.7 million in Q2 2022 to a low of -$92.9 million in Q1 2024.
• Average Tax Provisions over 4 years is $18.9 million, with a median of $11.2 million recorded in 2023.
• Year-over-year, Tax Provisions jumped 807.69% in 2022 and slumped 929.46% in 2024.
• Over 4 years, Tax Provisions stood at $65.8 million in 2021, then tumbled by 81.61% to $12.1 million in 2022, then sank by 233.88% to -$16.2 million in 2023, then slumped by 473.46% to -$92.9 million in 2024.
• Per Business Quant data, the three most recent Tax Provisions figures were -$92.9 million in Q1 2024, -$16.2 million in Q4 2023, and -$2.8 million in Q4 2023.