Quidel Corporation (QDEL)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	-2,027,000	-1,866,600	-1,859,400	-1,764,900	-10,100	13,200	45,100	117,600	548,700	809,717	1,006,217	1,006,017	704,201	883,014	899,582	948,134	810,287	370,783	154,696	88,314
Revenue (ttm)	US$ in thousands	2,780,900	2,815,700	2,832,600	2,861,400	2,997,800	3,121,700	3,161,500	3,109,800	3,265,960	3,036,327	2,762,263	2,325,473	1,698,551	1,870,887	1,837,209	1,862,353	1,661,668	1,004,643	655,077	561,575
Net profit margin		-72.89%	-66.29%	-65.64%	-61.68%	-0.34%	0.42%	1.43%	3.78%	16.80%	26.67%	36.43%	43.26%	41.46%	47.20%	48.96%	50.91%	48.76%	36.91%	23.61%	15.73%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-2,027,000K ÷ $2,780,900K
= -72.89%

The net profit margin of Quidel Corporation has fluctuated significantly over the period from March 31, 2020, to December 31, 2024. Starting at 15.73% in March 2020, the net profit margin steadily increased to reach a peak of 50.91% in March 2021. However, from there on, the net profit margin began to decline gradually, with some fluctuations, reaching negative values in the latter part of the period.

The net profit margin reflects the company's profitability after accounting for all expenses and taxes, and it is a key indicator of efficiency in managing costs and generating profits from revenue. The decline in net profit margin from March 2021 to December 2024 may indicate challenges in controlling costs, declining sales, or other operational issues impacting profitability.

It is essential for Quidel Corporation to closely analyze the reasons behind the decreasing net profit margin and implement strategies to improve profitability, such as cost-cutting measures, efficiency improvements, or revenue growth initiatives. Monitoring and addressing the factors influencing the net profit margin will be crucial for the company's long-term financial health and sustainability.