QuidelOrtho (QDEL) Work In Process (2022 - 2026)
QuidelOrtho (QDEL) posted Work In Process of $112.7 million for Q1 2026, up 4.64% sequentially from $107.7 million in Q4 2025, and up 22.1% YoY from $92.3 million in Q1 2025.
QuidelOrtho (QDEL) Work In Process (2022 - 2026) Analysis & Trends
QuidelOrtho has reported Work In Process for 5 years, with the latest figure at $112.7 million in Q1 2026.
- Quarterly Work In Process rose 22.1% year-over-year to $112.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $112.7 million (up 22.1% YoY) and the FY2025 annual result came in at $107.7 million, up 18.87% from the prior year.
- Work In Process advanced to $112.7 million in Q1 2026 per QDEL's latest filing, from $107.7 million in the prior quarter.
- Over five years, Work In Process peaked at $112.7 million in Q1 2026 and troughed at $36.1 million in Q1 2022.
- A 5-year average of $92.1 million and a median of $92.4 million in 2024 frame the typical range for Work In Process.
- The sharpest annual moves came in 2023 and 2024: Work In Process soared 129.09% in 2023, then declined 11.75% in 2024.
- Over 5 years, Work In Process stood at $83.2 million in 2022, then climbed by 10.94% to $92.3 million in 2023, then retreated by 1.84% to $90.6 million in 2024, then increased by 18.87% to $107.7 million in 2025, then advanced by 4.64% to $112.7 million in 2026.
- According to Business Quant data, Work In Process over the past three periods registered $112.7 million, $107.7 million, and $106.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.12 Bn | 193.52 Bn | 7.27 Bn |
| 2 | Stryker | 128.79 Bn | 125.32 Bn | 4.50 Bn |
| 3 | Medtronic | 119.30 Bn | 110.08 Bn | 6.41 Bn |
| 4 | Boston Scientific | 73.50 Bn | 72.96 Bn | 3.85 Bn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn |
| 7 | GE HealthCare Technologies | 34.05 Bn | 31.94 Bn | 2.18 Bn |
| 8 | Koninklijke Philips | 26.42 Bn | 23.10 Bn | 4.55 Bn |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn |
| 10 | QuidelOrtho | 995.81 Mn | 872.41 Mn | - |
Historic Data
Download 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 |