Filing Flows › QuidelOrtho (QDEL) › Q1 2025
QuidelOrtho (QDEL) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
QuidelOrtho (QDEL) reported revenue of $693M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -2% from the quarter before. Operating margin was 4.7%, net loss $12.7M (1.8% of revenue).
QuidelOrtho, Q1 2025: revenue $693M (-3% year over year), operating margin 4.7%, net loss $12.7M, operating cash flow $65.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $693M | -2% | -3% |
| Operating profit | $32.6M | — | — |
| Net earnings | −$12.7M | — | — |
| Operating cash flow | $65.6M | +3% | — |
| Free cash flow | $9.4M | -43% | — |
What changed
Revenue was $692.8M in Q1 2025, down 3% year over year and down 2% from the previous quarter.
Operating profit was $32.6M, a 4.7% margin (up 252.0 points year over year). Total costs fell 73% while revenue fell 3%. The quarter ended with a net loss of $12.7M, narrower than the previous quarter's $178.4M loss. Net interest and other expense of $41.4M was the main reason.
Operating cash flow was $65.6M. Non-cash charges added back $107.1M of depreciation and amortization and $11.6M of share-based compensation. Working capital and other items used $40.4M. Capital expenditures of $56.2M left free cash flow of $9.4M.
Questions
What was QuidelOrtho's revenue in the first quarter 2025?
QuidelOrtho (QDEL) reported revenue of $693M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -2% from the quarter before.
Was QuidelOrtho profitable in the first quarter 2025?
Operating profit was $32.6M (4.7% of revenue) and net loss $12.7M.
Source: QuidelOrtho 10-Q on SEC EDGAR.