QuidelOrtho Corp
QuidelOrtho Corp
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 140 | 170 | 98 | 152 | 127 | 98 | 144 | 107 | 79 | 119 | 149 | 179 | |||||
Accounts Receivable Net Current | 360 | 417 | 387 | 275 | 286 | 282 | 295 | 270 | 272 | 303 | 331 | 247 | |||||
Marketable Securities Current | - | - | - | - | - | 0 | 0 | 0 | 0 | 48 | 44 | 45 | |||||
Assets Current | |||||||||||||||||
Assets Current | 1,377 | 1,447 | 1,367 | 1,282 | 1,258 | 1,219 | 1,413 | 1,341 | 1,212 | 1,311 | 1,371 | 1,308 | |||||
Inventory Net | 612 | 578 | 614 | 579 | 563 | 534 | 577 | 602 | 583 | 578 | 552 | 542 | |||||
Prepaid Expense And Other Assets Current | 233 | 251 | 236 | 234 | 240 | 262 | 344 | 310 | 279 | 262 | 295 | 296 | |||||
Assets Held For Sale Not Part Of Disposal Group Cu… | 32 | 32 | 32 | 42 | 42 | 42 | 53 | 53 | - | 0 | - | - | |||||
Property Plant And Equipment And Finance Lease Rig… | 1,339 | 1,358 | 1,323 | 1,315 | 1,399 | 1,380 | 1,364 | 1,327 | 1,441 | 1,444 | 1,369 | 1,376 | |||||
Operating Lease Right Of Use Asset | 158 | 156 | 157 | 157 | 165 | 169 | 175 | 177 | 181 | 170 | 172 | 177 | |||||
Marketable Securities Noncurrent | - | - | - | - | - | 0 | 0 | 0 | 0 | 7 | 12 | 25 | |||||
Goodwill | - | 0 | 0 | 711 | 671 | 650 | 771 | 733 | 735 | 2,492 | 2,443 | 2,471 | |||||
Intangible Assets Net Excluding Goodwill | 2,520 | 2,564 | 2,608 | 2,661 | 2,698 | 2,736 | 2,796 | 2,836 | 2,887 | 2,934 | 2,977 | 3,036 | |||||
Other Assets Noncurrent | 234 | 244 | 220 | 254 | 270 | 271 | 257 | 251 | 222 | 180 | 179 | 141 | |||||
Assets | 5,629 | 5,769 | 5,675 | 6,379 | 6,462 | 6,424 | 6,801 | 6,689 | 6,703 | 8,563 | 8,539 | 8,550 | |||||
Deferred Income Tax Assets Net | - | - | - | - | - | 0 | 26 | 25 | 25 | 26 | 16 | 16 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable Current | 244 | 279 | 214 | 219 | 231 | 246 | 247 | 237 | 250 | 295 | 253 | 226 | |||||
Employee Related Liabilities Current | 135 | 120 | 104 | 85 | 135 | 117 | 113 | 86 | 109 | 85 | 107 | 82 | |||||
Liabilities Current | |||||||||||||||||
Accrued Income Taxes Current | 13 | 12 | 1 | 26 | 6 | 5 | 2 | 4 | 10 | 11 | 2 | 2 | |||||
Liabilities Current | 962 | 966 | 768 | 1,142 | 1,047 | 999 | 1,027 | 932 | 780 | 834 | 860 | 790 | |||||
Debt Current | 228 | 178 | 163 | 534 | 394 | 342 | 374 | 356 | 161 | 140 | 193 | 207 | |||||
Other Liabilities Current | 343 | 377 | 287 | 278 | 281 | 289 | 291 | 249 | 251 | 303 | 305 | 273 | |||||
Operating Lease Liability Noncurrent | 155 | 154 | 156 | 156 | 163 | 167 | 174 | 178 | 182 | 173 | 176 | 181 | |||||
Long Term Debt And Capital Lease Obligations | 2,460 | 2,472 | 2,497 | 2,072 | 2,106 | 2,141 | 2,177 | 2,207 | 2,241 | 2,275 | 2,275 | 2,309 | |||||
Deferred Income Tax Liabilities Net | 87 | 90 | 80 | 83 | 78 | 77 | 117 | 128 | 126 | 192 | 197 | 200 | |||||
Other Liabilities Noncurrent | 112 | 166 | 139 | 133 | 70 | 55 | 119 | 71 | 67 | 84 | 65 | 69 | |||||
Liabilities | 3,777 | 3,849 | 3,639 | 3,586 | 3,464 | 3,439 | 3,614 | 3,516 | 3,396 | 3,557 | 3,572 | 3,548 | |||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Stockholders Equity | |||||||||||||||||
Additional Paid In Capital | 2,943 | 2,932 | 2,921 | 2,909 | 2,898 | 2,885 | 2,876 | 2,864 | 2,852 | 2,848 | 2,839 | 2,825 | |||||
Stockholders Equity | 1,851 | 1,921 | 2,036 | 2,793 | 2,997 | 2,985 | 3,187 | 3,174 | 3,308 | 5,006 | 4,967 | 5,003 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -4 | -15 | -20 | 16 | -24 | -36 | -4 | -25 | -26 | -30 | -53 | -16 | |||||
Retained Earnings Accumulated Deficit | -1,088 | -996 | -865 | -132 | 123 | 136 | 314 | 334 | 482 | 2,188 | 2,181 | 2,194 | |||||
Liabilities And Stockholders Equity | 5,629 | 5,769 | 5,675 | 6,379 | 6,462 | 6,424 | 6,801 | 6,689 | 6,703 | 8,563 | 8,539 | 8,550 | |||||
Accumulated Depreciation Depletion And Amortizatio… | 1,000 | - | 879 | 826 | 785 | - | - | - | - | - | - | - | |||||
Finite Lived Intangible Assets Accumulated Amortiz… | 942 | - | 864 | 817 | 767 | - | - | - | - | - | - | - | |||||
Preferred Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Common Stock Shares Authorized | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | |||||
Common Stock Shares Issued | 68 | 68 | 68 | 68 | 68 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | |||||
Shares Outstanding | 68 | 68 | 68 | 68 | 68 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 18.80% | 25.82% | - | - | - | - | - | - | - | - | - | - |
| 2025 | -15.88% | -20.82% | -24.88% | 22.40% | 20.86% | 30.16% | 28.65% | 37.82% | 32.13% | -27.57% | -41.34% | -54.26% |
| 2024 | 1.31% | -23.84% | -10.80% | 7.17% | 8.10% | -2.79% | -6.29% | 1.14% | 1.12% | -9.68% | -36.73% | -15.89% |
| 2023 | - | - | - | 9.64% | -4.25% | -20.06% | 11.04% | 17.90% | 13.69% | 2.63% | -14.21% | -6.10% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.43 | 1.50 | 1.78 | 1.12 | 1.20 | 1.22 | 1.38 | 1.44 | 1.55 | 1.57 | 1.59 | 1.66 | |||||
| Quick Ratio | 0.55 | 0.64 | 0.67 | 0.41 | 0.43 | 0.42 | 0.48 | 0.46 | 0.45 | 0.56 | 0.61 | 0.60 | |||||
| Working Capital | 414.60M | 481.20M | 598.80M | 139.40M | 211.00M | 220.10M | 385.30M | 408.90M | 432.60M | 476.70M | 511.30M | 518.10M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.04 | 2.00 | 1.79 | 1.28 | 1.16 | 1.15 | 1.13 | 1.11 | 1.03 | 0.71 | 0.72 | 0.71 | |||||
| Interest Coverage TTM | -5.21 | -5.18 | -5.70 | -1.42 | -1.04 | -11.99 | -11.41 | -11.72 | -11.46 | 0.94 | 5.50 | 6.04 | |||||
| Debt Ratio | 0.67 | 0.67 | 0.64 | 0.56 | 0.54 | 0.54 | 0.53 | 0.53 | 0.51 | 0.42 | 0.42 | 0.41 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.44 | 0.45 | 0.44 | 0.42 | 0.42 | 0.37 | 0.37 | 0.37 | 0.37 | 0.34 | 0.48 | 0.48 | |||||
| Days Sales Outstanding TTM | 44.36 | 46.75 | 45.81 | 36.25 | 36.81 | 38.41 | 40.55 | 33.23 | 34.84 | 46.10 | 33.09 | 27.43 | |||||
| Receivables Turnover TTM | 8.23 | 7.81 | 7.97 | 10.07 | 9.91 | 9.50 | 9.00 | 10.98 | 10.48 | 7.92 | 11.03 | 13.31 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -17.76 | -16.69 | -17.35 | -6.89 | -5.31 | -30.54 | -27.74 | -27.71 | -26.38 | -0.15 | 7.37 | 7.86 | |||||
| Free Cash Flow Per Share TTM | -2.34 | -1.22 | -2.25 | 0.19 | -0.53 | -1.67 | -1.44 | -2.54 | -1.78 | 1.06 | 2.19 | 1.62 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 44.96% | 46.67% | 47.15% | 47.29% | 46.94% | 46.23% | 47.57% | 47.89% | 48.13% | 49.85% | 55.90% | 56.29% | |||||
| Operating Profit Margin TTM | -37.02% | -33.67% | -35.12% | -8.52% | -6.16% | -70.46% | -64.61% | -63.82% | -60.03% | 4.64% | 19.55% | 20.09% | |||||
| Net Profit Margin TTM | -45.57% | -41.45% | -43.45% | -17.01% | -12.97% | -73.74% | -66.25% | -65.60% | -61.65% | -0.34% | 11.96% | 12.61% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -3.89% | -1.89% | -3.67% | -3.28% | -3.42% | -7.17% | -31.68% | -31.92% | -30.38% | - | - | - | |||||
| Net Income Growth (1Y) | 237.58% | -44.84% | -36.81% | -74.92% | -79.68% | 20,216.83% | -478.54% | -454.17% | -395.38% | - | - | - | |||||
| EPS Growth (1Y) | 234.12% | -45.33% | -37.46% | -75.14% | -79.86% | 20,095.90% | -476.29% | -452.59% | -394.06% | - | - | - | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -0.93 | -1.71 | -1.70 | -4.18 | -6.58 | -1.46 | -1.64 | -1.20 | -1.82 | -487.44 | 9.91 | 10.54 | |||||
| P/B TTM | 0.61 | 1.01 | 0.98 | 0.70 | 0.79 | 1.00 | 0.96 | 0.70 | 0.97 | 0.98 | 0.98 | 1.11 | |||||
| P/S TTM | 0.42 | 0.71 | 0.74 | 0.71 | 0.85 | 1.08 | 1.09 | 0.79 | 1.12 | 1.64 | 1.18 | 1.33 | |||||
| Market Cap | 1.12B | 1.94B | 2.00B | 1.95B | 2.36B | 2.99B | 3.07B | 2.23B | 3.21B | 4.92B | 4.89B | 5.54B | |||||
| Enterprise Value | 3.67B | 4.42B | 4.56B | 4.41B | 4.73B | 5.38B | 5.48B | 4.69B | 5.53B | 7.22B | 7.20B | 7.87B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -159.40M | -83.00M | -153.10M | 13.00M | -35.90M | -112.10M | -96.80M | -170.10M | -118.80M | 70.90M | 146.80M | 108.50M | |||||
| Net Debt | 2.55B | 2.48B | 2.56B | 2.45B | 2.37B | 2.38B | 2.41B | 2.46B | 2.32B | 2.30B | 2.32B | 2.34B | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
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| Average Inventory | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
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| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
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| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
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| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
QuidelOrtho Corp (QDEL) — SEC Financial Statements & Analysis
QuidelOrtho Corp (QDEL) is a in vitro & in vivo diagnostic substances company. QuidelOrtho Corp trades on QDEL: Nasdaq as: QDEL. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), QuidelOrtho Corp reported a -3.89% year-over-year revenue growth, a Gross Profit Margin of 44.96% (TTM), a Debt-to-Equity ratio of 2.04x, a Price-to-Sales (P/S) ratio of 0.42x (TTM), a Price-to-Book (P/B) ratio of 0.61 (TTM), at a market cap of $1.12B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -3.89%
- Gross Profit Margin TTM
- 44.96%
- Debt To Equity
- 2.04x
- P/S TTM
- 0.42x
- P/B TTM
- 0.61
- Market Cap
- $1.12B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is QuidelOrtho Corp in?
QuidelOrtho Corp (QDEL) operates in the In Vitro & In Vivo Diagnostic Substances industry.
What is QDEL's market cap?
QuidelOrtho Corp (QDEL) has a market capitalization of $1.12B as of 2026-03-31.
What exchange does QDEL trade on?
QuidelOrtho Corp (QDEL) trades on the QDEL: Nasdaq.