QuidelOrtho (QDEL) Work In Process (2022 - 2026)
QuidelOrtho's (QDEL) quarterly Work In Process came in at $118.8 million in Q2 2026, up 14.45% year-over-year from $103.8 million in Q2 2025, and up 5.41% quarter-over-quarter from $112.7 million in Q1 2026.
Analysis
QuidelOrtho (QDEL) Work In Process (2022 - 2026) Analysis & Trends
QuidelOrtho has disclosed Work In Process across 5 years of filings, most recently posting $118.8 million for Q2 2026.
- In Q2 2026, Work In Process rose 14.45% year-over-year to $118.8 million; the TTM figure through Jun 2026 stood at $118.8 million (up 14.45% YoY), while the FY2025 annual figure was $107.7 million, up 18.87% from the prior year.
- Work In Process came in at $118.8 million for Q2 2026 at QuidelOrtho, up from $112.7 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $118.8 million in Q2 2026 to a low of $36.1 million in Q1 2022.
- Average Work In Process over 5 years is $93.6 million, with a median of $93.8 million recorded in 2023.
- Year-over-year, Work In Process surged 129.09% in 2023 and dropped 11.75% in 2024.
- Over 5 years, Work In Process stood at $83.2 million in 2022, then gained by 10.94% to $92.3 million in 2023, then declined by 1.84% to $90.6 million in 2024, then climbed by 18.87% to $107.7 million in 2025, then grew by 10.31% to $118.8 million in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $118.8 million in Q2 2026, $112.7 million in Q1 2026, and $107.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.54 Bn | 27.44 Bn | 2.18 Bn |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn |
| 3 | Heartflow | 4.04 Bn | 3.66 Bn | 53.19 Mn |
| 4 | Neogen | 2.59 Bn | 2.41 Bn | 107.80 Mn |
| 5 | Butterfly Network | 1.96 Bn | 1.84 Bn | 23.29 Mn |
| 6 | Ceribell | 928.74 Mn | 799.48 Mn | 25.94 Mn |
| 7 | QuidelOrtho | 866.04 Mn | 742.64 Mn | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn |
| 9 | Prenetics Global | 339.99 Mn | 280.94 Mn | 30.20 Mn |
| 10 | CapsoVision | 318.60 Mn | 309.52 Mn | 1.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 118.80 Mn |
| Mar 29, 2026 | 112.70 Mn |
| Dec 28, 2025 | 107.70 Mn |
| Sep 28, 2025 | 106.40 Mn |
| Jun 29, 2025 | 103.80 Mn |
| Mar 30, 2025 | 92.30 Mn |
| Dec 29, 2024 | 90.60 Mn |
| Sep 29, 2024 | 92.40 Mn |
| Jun 30, 2024 | 99.30 Mn |
| Mar 31, 2024 | 84.00 Mn |
| Dec 31, 2023 | 92.30 Mn |
| Oct 1, 2023 | 104.70 Mn |
| Jul 2, 2023 | 107.20 Mn |
| Apr 2, 2023 | 95.10 Mn |
| Jan 1, 2023 | 82.70 Mn |
| Oct 2, 2022 | 83.20 Mn |
| Jul 3, 2022 | 75.70 Mn |
| Jan 2, 2022 | 36.10 Mn |