What is QuidelOrtho Corporation's unbilled balances?

QuidelOrtho Corporation (QDEL) reported unbilled balances of $30.8M in Q1 2026.

How has QuidelOrtho Corporation's unbilled balances changed year-over-year?

QuidelOrtho Corporation's unbilled balances decreased by 6.4% year-over-year, from $32.9M to $30.8M.

What is the long-term trend for QuidelOrtho Corporation's unbilled balances?

Over 2 years (2023 to 2025), QuidelOrtho Corporation's unbilled balances has grown at a -13.3% compound annual growth rate (CAGR), from $46.2M to $34.7M.

QuidelOrtho Corporation QDEL Unbilled balances

Unbilled balances at other companies

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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$921.94M-51.4%

Enterprise value$3.88B-20.1%

P/S0.4×-0.3×

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

Reported directly by QuidelOrtho Corporation in its filing.

Tagged under the XBRL concept us-gaap:UnbilledContractsReceivable.

The official record: QuidelOrtho Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is QuidelOrtho Corporation's unbilled balances?: QuidelOrtho Corporation (QDEL) reported unbilled balances of $30.8M in Q1 2026.
How has QuidelOrtho Corporation's unbilled balances changed year-over-year?: QuidelOrtho Corporation's unbilled balances decreased by 6.4% year-over-year, from $32.9M to $30.8M.
What is the long-term trend for QuidelOrtho Corporation's unbilled balances?: Over 2 years (2023 to 2025), QuidelOrtho Corporation's unbilled balances has grown at a -13.3% compound annual growth rate (CAGR), from $46.2M to $34.7M.