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QuidelOrtho (QDEL) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

QuidelOrtho (QDEL) reported revenue of $631M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +2% from the quarter before. Operating margin was -3.5%, net loss $92.9M (14.7% of revenue).

Revenue$631M
Year over year+3%
Quarter over quarter+2%
Operating margin-3.5%
Net earnings−$92.9M

QuidelOrtho, Q2 2026: revenue $631M (+3% year over year), operating margin -3.5%, net loss $92.9M, operating cash flow −$111M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$631M+2%+3%
Operating profit−$21.8M——
Net earnings−$92.9M——
Operating cash flow−$111M——

What changed

Revenue was $630.9M in Q2 2026, up 3% year over year and up 2% from the previous quarter.

Operating costs exceeded revenue by $21.8M, an operating margin of -3.5%. Total costs fell 18% while revenue rose 3%. The quarter ended with a net loss of $92.9M, wider than the previous quarter's $91.8M loss. Net interest and other expense of $59.4M was the main reason.

Operating cash flow was −$110.6M. Non-cash charges added back $116.7M of depreciation and amortization and $12.0M of share-based compensation. Working capital and other items used $146.4M. Capital expenditures of $25.5M exceeded it, leaving free cash flow of −$136.1M.

Questions

What was QuidelOrtho's revenue in the second quarter 2026?

QuidelOrtho (QDEL) reported revenue of $631M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +2% from the quarter before.

Was QuidelOrtho profitable in the second quarter 2026?

Operating loss was $21.8M (-3.5% of revenue) and net loss $92.9M.

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Source: QuidelOrtho 10-Q on SEC EDGAR.