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QuidelOrtho (QDEL)
NASDAQ:QDEL
US Market
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QuidelOrtho (QDEL) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jul 30, 2026
After Close (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
-0.02
Last Year’s EPS
0.12
Same Quarter Last Year
Based on 6 Analysts Ratings

Earnings Call Summary

Q1 2026
Earnings Call Date:May 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presented a mixed picture: near-term headwinds were significant (a ~30% weaker respiratory season, an 8% decline in labs revenue, quarter-level margin and cash flow pressure, and China distributor pauses), but management emphasized strategic progress—completion of the Lex acquisition, new product launches (troponin, VITROS 450), cost actions, and a full-year plan targeting a 23% adjusted EBITDA margin and positive free cash flow of $100M–$120M. Given the company’s proactive mitigation steps, clear product and pipeline catalysts, and multi-pronged margin initiatives versus the material but largely contextual short-term revenue and cash setbacks, the tone is balanced between caution on near-term execution risks and optimism on medium-term recovery and margin improvement.
Company Guidance
The company updated full‑year 2026 guidance to total reported revenue of $2.0–$2.75 billion, adjusted EBITDA of $615–$630 million (≈23% margin, +100 bps vs. 2025), adjusted diluted EPS of $0.80–$2.00, and free cash flow of $100–$120 million, while modeling an 8% decline in respiratory revenue for the year and saying the midpoint of the revenue shortfall is roughly $75 million (about $45M from weaker respiratory trends and ~$30M from China distributor pauses tied to draft national IVD pricing, which would impact roughly half of China sales); Q1 contextual metrics were revenue $620 million (respiratory $68M, non‑respiratory $552M), labs revenue down 8%, adjusted gross margin 44% (‑630 bps), adjusted EBITDA $109M (18% margin), adjusted diluted loss per share $0.40, operating cash flow ‑$33M, free cash flow ‑$67M, cash $140M and borrowings $130M, and net debt/adjusted EBITDA leverage 4.1x (expected pro forma 3.25–3.5x by year‑end); management expects Q2 roughly flat with Q1 and a stronger second half to drive the full‑year targets.
Completed Lex Diagnostics Acquisition
Acquired Lex Diagnostics (April 2026) adding an ultrafast molecular point-of-care platform; secured initial customer orders, expecting to place a few hundred instruments in 2026 with measurable assay pull-through and associated revenue beginning in early 2027; expanding UK manufacturing capacity to support ramp.
Product Launches and Commercial Traction
Launched high-sensitivity troponin assay in the U.S., now shipping to more than 300 U.S. customers; began rollout of VITROS 450 (CE Mark secured) targeting JAPAC then LATAM/EMEA to support international labs growth; these launches expected to support mid-single-digit revenue growth in the labs business (labs = >50% of revenue).
Q1 Revenue and Non-Respiratory Mix
Total reported Q1 revenue was $620 million with non-respiratory revenue of $552 million ($544 million excluding donor screening), demonstrating diversified revenue streams outside of the respiratory shortfall.
Immunohematology Growth
Immunohematology revenue grew 3% year-over-year, driven by performance in North America, China, and JAPAC.
Cost Discipline and Opex Efficiency
Non-GAAP operating expenses decreased 2% in Q1 driven by R&D efficiencies; company has taken significant cost actions historically (~1,000 positions removed) and outlined procurement, facility consolidation (Raritan shutdown), and targeted staff reductions to drive margin expansion.
Full-Year Profitability and Cash Guidance
Updated full-year 2026 guidance expects adjusted EBITDA of $615 million to $630 million (~23% adjusted EBITDA margin, +100 bps vs 2025), adjusted diluted EPS $0.80 to $2.00, and positive free cash flow of $100 million to $120 million for the year.
Strong Working Capital Actions and FX Tailwind
Delivered strong accounts receivable collections of $54 million in Q1 and reduced CapEx by $22 million versus prior-year; foreign currency was favorable by 210 basis points in the quarter.

QuidelOrtho (QDEL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

QDEL Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jul 30, 2026
2026 (Q2)
-0.01 / -
0.12
May 05, 2026
2026 (Q1)
0.36 / -0.04
0.74-105.41% (-0.78)
Feb 11, 2026
2025 (Q4)
0.42 / 0.46
0.63-26.98% (-0.17)
Nov 05, 2025
2025 (Q3)
0.52 / 0.80
0.85-5.88% (-0.05)
Aug 05, 2025
2025 (Q2)
<0.01 / 0.12
-0.07271.43% (+0.19)
May 07, 2025
2025 (Q1)
0.59 / 0.74
0.4468.18% (+0.30)
Feb 12, 2025
2024 (Q4)
0.59 / 0.63
1.17-46.15% (-0.54)
Nov 07, 2024
2024 (Q3)
0.27 / 0.85
0.9-5.56% (-0.05)
Jul 31, 2024
2024 (Q2)
-0.23 / -0.07
0.26-126.92% (-0.33)
May 08, 2024
2024 (Q1)
0.39 / 0.44
1.8-75.56% (-1.36)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

QDEL Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 05, 2026
$11.66$10.96-6.00%
Feb 11, 2026
$28.80$23.73-17.59%
Nov 05, 2025
$27.37$21.26-22.32%
Aug 05, 2025
$23.68$23.44-1.01%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does QuidelOrtho (QDEL) report earnings?
QuidelOrtho (QDEL) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
    What is QuidelOrtho (QDEL) earnings time?
    QuidelOrtho (QDEL) earnings time is at Jul 30, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is QDEL EPS forecast?
          QDEL EPS forecast for the fiscal quarter 2026 (Q2) is -0.02.

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