Danaher (DHR) Cost of Revenue (2009 - 2026)

Danaher (DHR) posted quarterly Cost of Revenue of $2.4 billion for Q1 2026, up 5.83% year-over-year from $2.2 billion in Q1 2025, and down 17.83% on a QoQ basis from $2.9 billion in Q4 2025.

Danaher (DHR) Cost of Revenue (2009 - 2026) Analysis & Trends

Danaher (DHR) has reported Cost of Revenue for 18 consecutive years, with $2.4 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue rose 5.83% year-over-year to $2.4 billion; the TTM figure through Mar 2026 stood at $10.2 billion (up 6.1% YoY), while the FY2025 annual figure was $10.0 billion, up 3.89% from the prior year.
  • Cost of Revenue came in at $2.4 billion for Q1 2026 at Danaher, down from $2.9 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 $2.4 billion recorded in 2025.
  • Across the five-year window, Cost of Revenue soared 117.59% in 2022 and slipped 23.71% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $1.4 billion in 2022, then jumped by 92.66% to $2.6 billion in 2023, then grew by 0.84% to $2.6 billion in 2024, then rose by 8.46% to $2.9 billion in 2025, then fell by 17.83% to $2.4 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $2.4 billion, $2.9 billion, and $2.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 3.26 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 175.25 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 608,000.00
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 845.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.80 Bn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 118.74 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 1.95 Bn

Historic Data

Download Data
DateValue
Mar 27, 2026 2.36 Bn
Mar 27, 2026 2.36 Bn
Dec 31, 2025 2.87 Bn
Dec 31, 2025 2.87 Bn
Sep 26, 2025 2.53 Bn
Sep 26, 2025 2.53 Bn
Jun 27, 2025 2.41 Bn
Jun 27, 2025 2.41 Bn
Mar 28, 2025 2.23 Bn
Mar 28, 2025 2.23 Bn
Dec 31, 2024 2.65 Bn
Dec 31, 2024 2.65 Bn
Sep 27, 2024 2.40 Bn
Sep 27, 2024 2.40 Bn
Jun 28, 2024 2.32 Bn
Jun 28, 2024 2.32 Bn
Mar 29, 2024 2.31 Bn
Mar 29, 2024 2.31 Bn
Dec 31, 2023 2.63 Bn
Dec 31, 2023 2.63 Bn