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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›QDEL›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

QuidelOrtho Corp (QDEL) financials

Income statement

QuidelOrtho Corp (QDEL) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$1.66B$1.70B$3.00B$2.78B$2.73B
Revenue growth—2.2%76.5%-7.2%-1.9%
Operating income$1.06B$906M$139M-$1.96B-$919M
Operating margin63.8%53.3%4.6%-70.5%-33.7%
Net income$810M$704M-$10.1M-$2.05B-$1.13B
Net margin48.8%41.5%-0.3%-73.7%-41.5%
EPS (diluted)$18.60$16.43-$0.15-$30.54-$16.69

Cash flow

QuidelOrtho Corp (QDEL) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow$630M$806M$280M$83.0M$105M
Capital expenditures$64.9M$293M$209M$195M$188M
Free cash flow$565M$513M$70.9M-$112M-$83.0M
Share buybacks$43.7M$104M$7.20M$0.00$0.00

Balance sheet

QuidelOrtho Corp (QDEL) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$490M$803M$119M$98.3M$170M
Total assets—$2.43B$8.56B$6.42B$5.77B
Total liabilities—$501M$3.56B$3.44B$3.85B
Long-term debt——$2.42B$2.49B$2.70B
Shareholders' equity$1.33B$1.93B$4.93B$2.98B$1.92B
Retained earnings—$1.65B$2.19B$136M-$996M
Shares (wtd avg diluted)43.6M42.9M66.8M67.2M67.8M

Every figure is extracted from QuidelOrtho Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is QuidelOrtho Corp's annual revenue?
QuidelOrtho Corp (QDEL) reported $2.73B of revenue for fiscal year 2025 — down 1.9% from $2.78B in FY2024, per its annual report filed with the SEC.
Is QuidelOrtho Corp profitable?
Not in FY2025 — QDEL reported a net loss of $1.13B, per SEC filings.
What is QuidelOrtho Corp's free cash flow?
-$83.0M in FY2025 (operating cash flow $105M minus $188M of capital expenditures), from the SEC cash-flow statement.
Does QDEL pay a dividend?
QuidelOrtho Corp reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full QDEL analysis — verdict, score & filings →Is QDEL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.