November 7, 2025- QuidelOrtho Corporation announced financial results for the third quarter ended September 28, 2025. “Our third quarter results reflect continued execution and meaningful progress against our strategic and financial priorities,” said Brian J. Blaser, President and Chief Executive Officer of QuidelOrtho. “Through disciplined execution and focused investments in our highest-growth areas, we are expanding margins and accelerating innovation—most recently with the addition of high-sensitivity Troponin on our VITROS platform. Backed by a broad portfolio, global reach, and operational focus, we believe we are well positioned to deliver sustainable growth and long-term value for our shareholders.”
Third Quarter 2025
The Company reported total revenue for the third quarter of 2025 of $700 million, compared to $727 million in the prior year period, a 4% decrease as reported. The decrease in total revenue was primarily due to lower COVID-19 and Donor Screening revenue compared to the prior year period. Foreign currency translation had a favorable impact of approximately 90 basis points on the Company’s third quarter 2025 revenue.