Quidel Corporation (QDEL)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	-2,027,000	-10,100	548,700	704,200	810,287
Revenue	US$ in thousands	2,782,900	2,993,500	3,266,000	1,698,550	1,661,670
Net profit margin		-72.84%	-0.34%	16.80%	41.46%	48.76%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $-2,027,000K ÷ $2,782,900K
= -72.84%

Based on the data provided, Quidel Corporation's net profit margin has shown a declining trend over the years. In December 2020, the net profit margin was a healthy 48.76%, indicating that the company was able to convert a significant portion of its revenue into profit. However, by December 2024, the net profit margin had dropped sharply to -72.84%, indicating that the company was experiencing losses.

This decline in net profit margin could be attributed to various factors such as increased expenses, lower revenue, or inefficiencies in the company's operations. A negative net profit margin suggests that the company's expenses exceeded its revenue, leading to operating losses.

It is essential for investors and stakeholders to closely monitor Quidel Corporation's financial performance and identify the reasons behind the declining trend in net profit margin. Addressing the underlying issues causing the decrease in profitability is crucial for the company to sustain its operations and enhance shareholder value.