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QuidelOrtho Corporation QDEL Implementation costs

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Other financials

Income statement

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Revenue$630.9M+2.8%
Gross profit$272.9M-0.7%
Operating income-$21.8M+87.9%
Net income-$92.9M+63.6%
EPS (diluted)-$1.36+63.9%

Balance sheet

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Cash & equivalents$123.4M-18.7%
Total debt$3.4B+3.0%
Total equity$1.8B-36.4%
Total assets$5.7B-10.4%

Cash flow

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Operating cash flow-$110.6M
CapEx$25.5M-32.0%
Free cash flow-$136.1M-61.4%

Valuation

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Market cap$942.91M-41.3%
Enterprise value$4.25B-11.2%
P/S0.4×-0.2×

Profitability

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Gross margin44.6%-2.7pp
Operating margin-30.8%-49.9pp
Net margin-39.2%-168pp
FCF margin13.8%

Returns & leverage

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Return on equity-45.9%-94.9pp
Debt / equity1.9×+0.7×
Current ratio1.4×+0.3×

Where this comes from

Reported directly by QuidelOrtho Corporation in its filing.

Tagged under the XBRL concept qdel:ImplementationCosts.

The source filing: QuidelOrtho Corporation’s 10-Q, filed August 7, 2026.

Filed
Aug 6, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0001906324-26-000033
(In millions)Three Months Ended / June 28, 2026Three Months Ended / June 29, 2025Six Months Ended / June 28, 2026Six Months Ended / June 29, 2025
Asset impairments/write off(0.2)148.6(0.8)148.6
Other(1.6)(1.2)
SAVANNA Exit charges(2)(1.7)149.6(1.7)149.6
Implementation costs(2)(3)4.60.17.70.1
Accelerated depreciation2.11.04.11.0
Integration expenses(2)2.622.62.638.7
Total charges$8.6$179.9$15.0$196.0
Cost of sales, excluding amortization of intangibles$2.1$1.0$4.1$1.0

Item 1. Financial Statements (unaudited)

FAQ

What is QuidelOrtho Corporation's implementation costs?
QuidelOrtho Corporation (QDEL) reported implementation costs of $4.6M in Q2 2026.
How has QuidelOrtho Corporation's implementation costs changed year-over-year?
QuidelOrtho Corporation's implementation costs increased by 4500.0% year-over-year, from $100K to $4.6M.
What does implementation costs mean?
Refers to the non-recurring expenses incurred to deploy new systems, software, or infrastructure, such as cloud computing implementations. These costs are distinct from standard operating expenses and represent investments in operational efficiency.

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