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QuidelOrtho Corporation QDEL Q1 2026 earnings

Reported May 5, 2026 · After market close

Revenue$619.8MMiss by $45.4M
EPS-$0.04Miss by $0.41
Revenue estimate$665.2M
EPS estimate$0.37

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$628.1M
EPS estimate$0.18

Financials

Q1 2026

Income statement

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Revenue$619.8M-10.5%
Gross profit$263.8M-23.2%
Operating income-$31.8M-198%
Net income-$91.8M-623%
EPS (diluted)-$1.35-611%

Balance sheet

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Cash & equivalents$140.4M+10.4%
Total debt$3.1B+0.3%
Total equity$1.9B-38.2%
Total assets$5.6B-12.9%

Cash flow

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Operating cash flow-$33.0M-150%
CapEx$34.0M-39.5%
Free cash flow-$67.0M-813%

Valuation & ratios

Valuation

as of 03/29/26
See full
Market cap$837.57M-55.3%
Enterprise value$3.8B-21.5%
P/S0.3×-0.4×

Profitability

See full
Gross margin45%-2.0pp
Operating margin-37%-46.2pp
Net margin-45.6%-75.7pp

Returns & leverage

See full
Return on equity-49.9%-70.8pp
Debt / equity1.7×+0.6×
Current ratio1.4×+0.2×

Segments

By segment

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North America$328.9M-19.1%
EMEA$92.5M+4.0%
JPAC$70.0M+2.8%
Latin America$64.9M+20.0%
China$63.5M-15.3%

FAQ

When did QuidelOrtho Corporation report Q1 2026 earnings?
QuidelOrtho Corporation (QDEL) reported Q1 2026 earnings on May 5, 2026 after market close.
What were QuidelOrtho Corporation's Q1 2026 revenue and EPS?
QuidelOrtho Corporation reported revenue of $619.8M and eps of $-0.04 for Q1 2026.
Did QuidelOrtho Corporation beat estimates in Q1 2026?
Revenue missed the consensus estimate of $665.2M by $45.4M. EPS missed the consensus estimate of $0.37 by $0.41.
How did QuidelOrtho Corporation's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 10.5% from $692.8M a year earlier.
Where can I find QuidelOrtho Corporation's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001906324-26-000023) and the 10-Q periodic report (0001906324-26-000024) directly on SEC EDGAR. The filing index links above go to sec.gov.