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

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

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

Danaher's Cost of Revenue history runs 18 years deep, the most recent figure standing at $2.4 billion for 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 was $2.4 billion for Q1 2026 at Danaher, down from $2.9 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $3.1 billion in Q3 2022 to a low of $1.4 billion in Q4 2022.
  • Historically, Cost of Revenue has averaged $2.5 billion across 5 years, with a median of $2.4 billion in 2025.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 117.59% in 2022, then fell 23.71% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $1.4 billion in 2022, then jumped by 92.66% to $2.6 billion in 2023, then gained by 0.84% to $2.6 billion in 2024, then climbed by 8.46% to $2.9 billion in 2025, then slipped by 17.83% to $2.4 billion in 2026.
  • The last three Cost of Revenue figures came in at $2.4 billion (Q1 2026), $2.9 billion (Q4 2025), and $2.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 30,010.71 Bn 30,010.25 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 179.46 Bn 176.21 Bn 7.74 Bn 3.26 Bn
3 Danaher 130.33 Bn 124.64 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 44.44 Bn 44.24 Bn 722.74 Mn 175.25 Mn
5 Agilent Technologies 37.27 Bn 35.46 Bn 990.00 Mn 845.00 Mn
6 Iqvia Holdings 30.70 Bn 28.73 Bn 1.36 Bn 2.80 Bn
7 Natera 30.59 Bn 29.49 Bn 696.04 Mn 608,000.00
8 Illumina 24.86 Bn 23.71 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 23.06 Bn 23.00 Bn 555.82 Mn 118.74 Mn
10 Quest Diagnostics 22.46 Bn 22.36 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