QuidelOrtho Corporation QDEL Damages awarded
Damages awarded at other companies
Other financials
Where this comes from
Reported directly by QuidelOrtho Corporation in its filing.
Tagged under the XBRL concept us-gaap:LossContingencyDamagesAwardedValue.
The source filing: QuidelOrtho Corporation’s 10-K, filed February 19, 2026.
- Filed
- Feb 18, 2026, 9:45 PM EST
- Fiscal year
- FY2025
- Accession
- 0001906324-26-000008
During the third quarter of 2025, a final judgment was entered relating to a dispute with a potential supplier for COVID-19 pandemic raw materials and services, which required the Company to pay monetary damages of $10.8 million, which was paid in full in the fourth quarter of 2025. Consistent with ASC 450, for the three months ended April 2, 2023, the Company accrued reserves of $1.4 million for this matter, representing the minimum amount in the then-estimable range of loss. The Company accrued additional reserves of $9.4 million for this matter in the third quarter of 2025. Following the payment of $10.8 million in the fourth quarter of 2025, there was no remaining accrual for this matter as of fiscal year ended 2025.
Item 8. Financial Statements and Supplementary Data
FAQ
- What is QuidelOrtho Corporation's damages awarded?
- QuidelOrtho Corporation (QDEL) reported damages awarded of $10.8M in Q3 2025.
- What does damages awarded mean?
- Damages awarded as reported by QuidelOrtho Corporation Common Stock.
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