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Side-by-side financial comparison of QuidelOrtho Corp (QDEL) and Rackspace Technology, Inc. (RXT). Click either name above to swap in a different company.

Rackspace Technology, Inc. is the larger business by last-quarter revenue ($682.8M vs $619.8M, roughly 1.1× QuidelOrtho Corp). Rackspace Technology, Inc. runs the higher net margin — -4.8% vs -14.8%, a 10.0% gap on every dollar of revenue. On growth, Rackspace Technology, Inc. posted the faster year-over-year revenue change (-0.4% vs -10.5%). Over the past eight quarters, Rackspace Technology, Inc.'s revenue compounded faster (-0.6% CAGR vs -6.6%).

QuidelOrtho Corporation is an American manufacturer of diagnostic healthcare products that are sold worldwide.

Rackspace Technology, Inc. is an American cloud computing company based in San Antonio, Texas. It also has offices in Reston, Virginia, as well as in Australia, Canada, United Kingdom, India, Dubai, Switzerland, the Netherlands, Germany, Singapore, Mexico, Toronto and Hong Kong. Its data centers are located in Amsterdam (Netherlands), Virginia (USA), Chicago (USA), Dallas (USA), London (UK), Frankfurt (Germany), Hong Kong (China), Kansas City (USA), New York City (USA), San Jose (USA), Shangh...

QDEL vs RXT — Head-to-Head

Bigger by revenue
RXT
RXT
1.1× larger
RXT
$682.8M
$619.8M
QDEL
Growing faster (revenue YoY)
RXT
RXT
+10.1% gap
RXT
-0.4%
-10.5%
QDEL
Higher net margin
RXT
RXT
10.0% more per $
RXT
-4.8%
-14.8%
QDEL
Faster 2-yr revenue CAGR
RXT
RXT
Annualised
RXT
-0.6%
-6.6%
QDEL

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
QDEL
QDEL
RXT
RXT
Revenue
$619.8M
$682.8M
Net Profit
$-91.8M
$-32.7M
Gross Margin
17.6%
Operating Margin
-0.5%
Net Margin
-14.8%
-4.8%
Revenue YoY
-10.5%
-0.4%
Net Profit YoY
41.6%
EPS (diluted)
$-1.35
$-0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
QDEL
QDEL
RXT
RXT
Q1 26
$619.8M
Q4 25
$682.8M
Q3 25
$699.9M
$671.2M
Q2 25
$613.9M
$666.3M
Q1 25
$692.8M
$665.4M
Q4 24
$707.8M
$685.6M
Q3 24
$727.1M
$675.8M
Q2 24
$637.0M
$684.9M
Net Profit
QDEL
QDEL
RXT
RXT
Q1 26
$-91.8M
Q4 25
$-32.7M
Q3 25
$-733.0M
$-67.1M
Q2 25
$-255.4M
$-54.5M
Q1 25
$-12.7M
$-71.5M
Q4 24
$-178.4M
$-56.0M
Q3 24
$-19.9M
$-186.6M
Q2 24
$-147.7M
$25.0M
Gross Margin
QDEL
QDEL
RXT
RXT
Q1 26
Q4 25
17.6%
Q3 25
19.4%
Q2 25
19.4%
Q1 25
19.1%
Q4 24
19.2%
Q3 24
20.3%
Q2 24
19.2%
Operating Margin
QDEL
QDEL
RXT
RXT
Q1 26
Q4 25
-0.5%
Q3 25
-100.7%
-5.1%
Q2 25
-29.4%
-3.8%
Q1 25
4.7%
-5.8%
Q4 24
-14.2%
-4.2%
Q3 24
2.1%
-25.7%
Q2 24
-18.4%
-7.9%
Net Margin
QDEL
QDEL
RXT
RXT
Q1 26
-14.8%
Q4 25
-4.8%
Q3 25
-104.7%
-10.0%
Q2 25
-41.6%
-8.2%
Q1 25
-1.8%
-10.7%
Q4 24
-25.2%
-8.2%
Q3 24
-2.7%
-27.6%
Q2 24
-23.2%
3.7%
EPS (diluted)
QDEL
QDEL
RXT
RXT
Q1 26
$-1.35
Q4 25
$-0.13
Q3 25
$-10.78
$-0.28
Q2 25
$-3.77
$-0.23
Q1 25
$-0.19
$-0.31
Q4 24
$-2.54
$-0.20
Q3 24
$-0.30
$-0.82
Q2 24
$-2.20
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
QDEL
QDEL
RXT
RXT
Cash + ST InvestmentsLiquidity on hand
$140.4M
$105.8M
Total DebtLower is stronger
$2.5B
$2.7B
Stockholders' EquityBook value
$1.9B
$-1.2B
Total Assets
$5.6B
$2.8B
Debt / EquityLower = less leverage
1.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QDEL
QDEL
RXT
RXT
Q1 26
$140.4M
Q4 25
$105.8M
Q3 25
$98.1M
$99.5M
Q2 25
$151.7M
$103.9M
Q1 25
$127.1M
$128.0M
Q4 24
$98.3M
$144.0M
Q3 24
$143.7M
$157.1M
Q2 24
$107.0M
$190.2M
Total Debt
QDEL
QDEL
RXT
RXT
Q1 26
$2.5B
Q4 25
$2.7B
Q3 25
$2.5B
$2.8B
Q2 25
$2.1B
$2.8B
Q1 25
$2.1B
$2.8B
Q4 24
$2.1B
$2.8B
Q3 24
$2.2B
$2.8B
Q2 24
$2.2B
$2.9B
Stockholders' Equity
QDEL
QDEL
RXT
RXT
Q1 26
$1.9B
Q4 25
$-1.2B
Q3 25
$2.0B
$-1.2B
Q2 25
$2.8B
$-1.1B
Q1 25
$3.0B
$-1.1B
Q4 24
$3.0B
$-1.0B
Q3 24
$3.2B
$-949.7M
Q2 24
$3.2B
$-756.2M
Total Assets
QDEL
QDEL
RXT
RXT
Q1 26
$5.6B
Q4 25
$2.8B
Q3 25
$5.7B
$2.8B
Q2 25
$6.4B
$2.9B
Q1 25
$6.5B
$3.0B
Q4 24
$6.4B
$3.1B
Q3 24
$6.8B
$3.1B
Q2 24
$6.7B
$3.4B
Debt / Equity
QDEL
QDEL
RXT
RXT
Q1 26
1.33×
Q4 25
Q3 25
1.23×
Q2 25
0.74×
Q1 25
0.70×
Q4 24
0.72×
Q3 24
0.68×
Q2 24
0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
QDEL
QDEL
RXT
RXT
Operating Cash FlowLast quarter
$59.7M
Free Cash FlowOCF − Capex
$56.0M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$90.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QDEL
QDEL
RXT
RXT
Q1 26
Q4 25
$59.7M
Q3 25
$-45.5M
$70.7M
Q2 25
$-46.8M
$8.4M
Q1 25
$65.6M
$12.6M
Q4 24
$63.7M
$54.3M
Q3 24
$117.9M
$51.8M
Q2 24
$-97.9M
$24.1M
Free Cash Flow
QDEL
QDEL
RXT
RXT
Q1 26
Q4 25
$56.0M
Q3 25
$-94.7M
$42.7M
Q2 25
$-84.3M
$-12.4M
Q1 25
$9.4M
$4.3M
Q4 24
$16.5M
$34.4M
Q3 24
$71.4M
$27.3M
Q2 24
$-133.2M
$-14.5M
FCF Margin
QDEL
QDEL
RXT
RXT
Q1 26
Q4 25
8.2%
Q3 25
-13.5%
6.4%
Q2 25
-13.7%
-1.9%
Q1 25
1.4%
0.6%
Q4 24
2.3%
5.0%
Q3 24
9.8%
4.0%
Q2 24
-20.9%
-2.1%
Capex Intensity
QDEL
QDEL
RXT
RXT
Q1 26
Q4 25
0.5%
Q3 25
7.0%
4.2%
Q2 25
6.1%
3.1%
Q1 25
8.1%
1.2%
Q4 24
6.7%
2.9%
Q3 24
6.4%
3.6%
Q2 24
5.5%
5.6%
Cash Conversion
QDEL
QDEL
RXT
RXT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.96×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

QDEL
QDEL

Labs$353.1M57%
Immunohematology$138.3M22%
Point of Care$112.8M18%
Molecular Diagnostics$7.8M1%

RXT
RXT

Public Cloud Services Segment$442.2M65%
Private Cloud Service Segment$240.6M35%

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