QuidelOrtho Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Revenue	2,730	2,783	2,998	3,266	1,699
Revenue Growth (YoY)	-1.89%	-7.17%	-8.21%	92.28%	2.22%
Cost of Revenue	1,456	1,496	1,501	1,330	420.3
Gross Profit	1,274	1,287	1,497	1,936	1,278
Selling, General & Admin	746.3	766.8	763.2	621	239.6
Depreciation & Amortization Expenses	189.2	203.4	204.8	132.5	27.4
Research & Development	186.2	218.7	245	187.9	95.7
Other Operating Expenses	1,072	2,059	145	151.1	9.6
Total Operating Expenses	2,193	3,247	1,358	1,093	372.3
Operating Income	-919.2	-1,961	139.1	843.7	906
Interest Expense	-177.6	-163.5	-147.6	-75.7	-5.8
Other Non-Operating Income (Expense)	-10.9	-7.1	-20.6	-32.1	0.1
Total Non-Operating Income (Expense)	-188.5	-170.6	-168.2	-107.8	-5.7
Pretax Income	-1,108	-2,132	-29.1	735.9	900.3
Provision for Income Taxes	24.1	-79.5	-19	187.2	196.1
Net Income	-1,132	-2,052	-10.1	548.7	704.2
Net Income to Common	-1,132	-2,052	-10.1	548.7	704.2
Net Income Growth	-	-	-	-22.08%	-13.09%
Shares Outstanding (Basic)	68	67	67	57	42
Shares Outstanding (Diluted)	68	67	67	57	43
Shares Change (YoY)	0.89%	0.60%	16.38%	33.80%	-1.61%
EPS (Basic)	-16.69	-30.54	-0.15	9.66	16.74
EPS (Diluted)	-16.69	-30.54	-0.15	9.56	16.43
EPS Growth	-	-	-	-41.81%	-11.67%
Shares Outstanding	67.9	67.3	66.7	66.4	41.7
Free Cash Flow	-83	-112.1	70.9	744.4	513.1
Free Cash Flow Growth	-	-	-90.48%	45.08%	-9.15%
Free Cash Flow Per Share	-1.22	-1.67	1.06	12.97	11.96
Gross Margin	46.67%	46.23%	49.94%	59.28%	75.26%
Operating Margin	-33.67%	-70.46%	4.64%	25.83%	53.34%
Profit Margin	-41.45%	-73.74%	-0.34%	16.80%	41.46%
FCF Margin	-3.04%	-4.03%	2.37%	22.79%	30.21%
EBITDA	-477.2	-1,508	596.3	1,127	958.7
EBITDA Margin	-17.48%	-54.17%	19.89%	34.52%	56.44%
EBIT	-919.2	-1,961	139.1	843.7	906
EBIT Margin	-33.67%	-70.46%	4.64%	25.83%	53.34%
Effective Tax Rate	-2.18%	3.73%	65.29%	25.44%	21.78%

Updated Dec 28, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q