Quidelortho Corp (QDEL) financials
Quidelortho revenue and earnings by year
Quidelortho's revenue was $2.73 billion in the fiscal year to December 28, 2025, down 1.9% from the year before. Net income was -$1.13 billion, -41.5% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 34.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Jan 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.73 | 2.78 | 3.00 | 3.27 | 1.70 | 1.66 | 0.53 | 0.52 | 0.28 | 0.19 |
| Revenue growth | -1.9% | -7.2% | -8.2% | 92.3% | 2.2% | 210.7% | 2.4% | 88.0% | 45.0% | — |
| Gross profit | 1.27 | 1.29 | 1.50 | 1.94 | 1.28 | 1.36 | 0.32 | 0.32 | 0.16 | 0.11 |
| Gross margin | 46.7% | 46.2% | 49.9% | 59.3% | 75.3% | 81.6% | 60.0% | 60.4% | 56.2% | 58.3% |
| Operating income | -0.92 | -1.96 | 0.14 | 0.84 | 0.91 | 1.06 | 0.09 | 0.10 | 0.01 | -0.00 |
| Operating margin | -33.7% | -70.5% | 4.6% | 25.8% | 53.3% | 63.8% | 17.3% | 18.4% | 3.4% | -2.3% |
| Net income | -1.13 | -2.05 | -0.01 | 0.55 | 0.70 | 0.81 | 0.07 | 0.07 | -0.01 | -0.01 |
| Net margin | -41.5% | -73.7% | -0.3% | 16.8% | 41.5% | 48.8% | 13.6% | 14.2% | -2.9% | -7.2% |
| Diluted EPS | -$16.69 | -$30.54 | -$0.15 | $9.56 | — | — | — | — | — | — |
| Free cash flow | -0.08 | -0.11 | 0.08 | 0.76 | 0.55 | 0.57 | 0.11 | 0.02 | 0.01 | -0.00 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open QDEL in Markets.
How Quidelortho makes money
Revenue by segment in the quarter to June 28, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| North America | $327M | 51.9% |
| EMEA | $91.2M | 14.5% |
| JPAC | $74.3M | 11.8% |
| Latin America | $70.2M | 11.1% |
| China | $67.8M | 10.7% |
See also: QDEL returns
No forecast, no recommendation. This page describes Quidelortho Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.