QuidelOrtho (QDEL) Work In Process (2022 - 2026)
QuidelOrtho (QDEL) reported Work In Process of $118.8 million for Q2 2026, up 14.5% from $103.8 million a year earlier and up 5.4% from the prior quarter.
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Analysis
QuidelOrtho (QDEL) Work In Process (2022 - 2026) Analysis & Trends
At the end of FY2025, QuidelOrtho posted Work In Process of $107.7 million, up 18.9% from FY2024.
- Work In Process has a three-year compound annual growth rate of 9.2% (FY2022 to FY2025).
- By year, Work In Process came in at $90.6 million in FY2024 (-1.8%), $92.3 million in FY2023 (+11.6%) and $82.7 million in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Work In Process in data going back to Q4 2022.
- Year over year, Work In Process has now increased in each of the last six quarters, with growth averaging 8.9% over the last eight quarters.
- The high point for year-over-year Work In Process in five years was Q1 2026 (growth of 22.1%); the low point was Q3 2024 (a decline of 11.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $112.7 million (Q1 2026), $107.7 million (Q4 2025) and $106.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn |
| 10 | QuidelOrtho | 719.88 Mn | 188.18 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 |
API Access
QuidelOrtho Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=QDEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "QDEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=QDEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();