Danaher (DHR) Operating Expenses (2009 - 2026)

For the trailing twelve months through Jun 26, 2026, Operating Expenses at Danaher was $9.56 billion, down 3.5% year-over-year; for FY2025, it came in at $9.83 billion, up 5.2% from FY2024.

• Annual Operating Expenses has increased for eight consecutive years, with a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
• In prior years, Danaher's Operating Expenses was $9.34 billion in FY2024 (+5.8%), $8.83 billion in FY2023 (+2.1%), $8.65 billion in FY2022 (+4.1%) and $8.32 billion in FY2021 (+0.9%).
• Quarterly Operating Expenses has run from a low of $1.03 billion in Q4 2022 to a high of $2.76 billion in Q2 2025 over five years.
• On a year-over-year basis, Operating Expenses increased in five of the last eight quarters, with growth averaging 3.8%.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2023, with growth of 136.2%; the weakest was Q4 2021, with a decline of 50.5%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $2.25 billion (Q1 2026), $2.46 billion (Q4 2025) and $2.37 billion (Q3 2025).