Filing Flows › QuidelOrtho (QDEL) › Q2 2025
QuidelOrtho (QDEL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
QuidelOrtho (QDEL) reported revenue of $614M for the second quarter 2025 (Q2 2025), -4% from a year earlier and -11% from the quarter before. Operating margin was -29.4%, net loss $255M (41.6% of revenue).
QuidelOrtho, Q2 2025: revenue $614M (-4% year over year), operating margin -29.4%, net loss $255M, operating cash flow −$46.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $614M | -11% | -4% |
| Operating profit | −$181M | -654% | — |
| Net earnings | −$255M | — | — |
| Operating cash flow | −$46.8M | -171% | — |
What changed
Revenue was $613.9M in Q2 2025, down 4% year over year and down 11% from the previous quarter.
Operating costs exceeded revenue by $180.7M, an operating margin of -29.4%. Total costs grew 5% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+56%). The quarter ended with a net loss of $255.4M, wider than the previous quarter's $12.7M loss.
Operating cash flow was −$46.8M. Non-cash charges added back $110.3M of depreciation and amortization and $12.8M of share-based compensation. Working capital and other items added $85.5M. Capital expenditures of $37.5M exceeded it, leaving free cash flow of −$84.3M.
Questions
What was QuidelOrtho's revenue in the second quarter 2025?
QuidelOrtho (QDEL) reported revenue of $614M for the second quarter 2025 (Q2 2025), -4% from a year earlier and -11% from the quarter before.
Was QuidelOrtho profitable in the second quarter 2025?
Operating loss was $181M (-29.4% of revenue) and net loss $255M.
Source: QuidelOrtho 10-Q on SEC EDGAR.