Danaher (DHR) Cost of Revenue (2009 - 2026)
Danaher (DHR) posted Cost of Revenue of $2.7 billion for Q2 2026, up 12.46% on a QoQ basis from $2.4 billion in Q1 2026, and up 9.99% year-over-year from $2.4 billion in Q2 2025.
Analysis
Danaher (DHR) Cost of Revenue (2009 - 2026) Analysis & Trends
Danaher has reported Cost of Revenue for 18 years, with the latest figure at $2.7 billion in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 9.99% year-over-year to $2.7 billion in Q2 2026; TTM through Jun 2026 was $10.4 billion, a 7.51% increase from a year earlier, with the FY2025 full-year figure at $10.0 billion, up 3.89% from the prior year.
- Cost of Revenue was $2.7 billion for Q2 2026 at Danaher, up from $2.4 billion in the prior quarter.
- The five-year high for Cost of Revenue was $3.1 billion in Q3 2022, with the low at $1.4 billion in Q4 2022.
- Average Cost of Revenue over 5 years is $2.5 billion, with a median of $2.5 billion recorded in 2025.
- The largest YoY upside for Cost of Revenue was 92.66% in 2023 against a maximum downside of 23.71% in 2023.
- Over 5 years, Cost of Revenue stood at $1.4 billion in 2022, then surged by 92.66% to $2.6 billion in 2023, then advanced by 0.84% to $2.6 billion in 2024, then grew by 8.46% to $2.9 billion in 2025, then fell by 7.59% to $2.7 billion in 2026.
- The last three Cost of Revenue figures came in at $2.7 billion (Q2 2026), $2.4 billion (Q1 2026), and $2.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.68 Bn | 237.61 Bn | 8.34 Bn | 3.65 Bn |
| 2 | Danaher | 147.34 Bn | 142.99 Bn | 3.61 Bn | 2.65 Bn |
| 3 | Agilent Technologies | 43.34 Bn | 41.59 Bn | 1.04 Bn | 836.00 Mn |
| 4 | Illumina | 34.58 Bn | 33.41 Bn | 770.00 Mn | 389.00 Mn |
| 5 | Revvity | 16.31 Bn | 15.29 Bn | 416.87 Mn | 312.82 Mn |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn | 109.80 Mn |
| 7 | Bio-Rad Laboratories | 10.16 Bn | 8.54 Bn | 345.80 Mn | 305.20 Mn |
| 8 | Repligen | 9.77 Bn | 8.75 Bn | 110.04 Mn | 94.09 Mn |
| 9 | 10x Genomics | 9.45 Bn | 8.90 Bn | 112.50 Mn | 38.54 Mn |
| 10 | Bruker | 9.26 Bn | 9.04 Bn | 416.00 Mn | 422.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 2.65 Bn |
| Mar 27, 2026 | 2.36 Bn |
| Dec 31, 2025 | 2.87 Bn |
| Sep 26, 2025 | 2.53 Bn |
| Jun 27, 2025 | 2.41 Bn |
| Mar 28, 2025 | 2.23 Bn |
| Dec 31, 2024 | 2.65 Bn |
| Sep 27, 2024 | 2.40 Bn |
| Jun 28, 2024 | 2.32 Bn |
| Mar 29, 2024 | 2.31 Bn |
| Dec 31, 2023 | 2.63 Bn |
| Sep 29, 2023 | 2.35 Bn |
| Jun 30, 2023 | 2.59 Bn |
| Mar 31, 2023 | 2.29 Bn |
| Dec 31, 2022 | 1.36 Bn |
| Sep 30, 2022 | 3.08 Bn |
| Jul 1, 2022 | 3.03 Bn |
| Apr 1, 2022 | 2.98 Bn |
| Dec 31, 2021 | 1.27 Bn |
| Oct 1, 2021 | 2.87 Bn |