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Discontinued — last reported Q1 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

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

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Market cap$1.14B-29.9%
Enterprise value$4.11B-14.6%
P/S0.4×-0.2×

Profitability

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Gross margin45%-2.0pp
Operating margin-37%-46.2pp
Net margin-45.6%-75.7pp
FCF margin13.8%

Returns & leverage

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

Where this comes from

Calculated from QuidelOrtho Corporation’s reported figures.

The source filing: QuidelOrtho Corporation’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 5, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001906324-26-000024

FAQ

What is QuidelOrtho Corporation's net debt?
QuidelOrtho Corporation (QDEL) reported net debt of $2.96B in Q1 2026.
How has QuidelOrtho Corporation's net debt changed year-over-year?
QuidelOrtho Corporation's net debt decreased by 0.2% year-over-year, from $2.97B to $2.96B.
What is the long-term trend for QuidelOrtho Corporation's net debt?
Over 4 years (2021 to 2025), QuidelOrtho Corporation's net debt has grown at a 43.9% compound annual growth rate (CAGR), from -$662.8M to $2.84B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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