Danaher (DHR) Operating Expenses (2009 - 2026)

Danaher (DHR) posted quarterly Operating Expenses of $2.2 billion for Q1 2026, little changed year-over-year from $2.2 billion in Q1 2025, and down 8.81% on a QoQ basis from $2.5 billion in Q4 2025.

Danaher (DHR) Operating Expenses (2009 - 2026) Analysis & Trends

Danaher (DHR) has reported Operating Expenses for 18 consecutive years, with $2.2 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses changed 0.45% year-over-year to $2.2 billion; the TTM figure through Mar 2026 stood at $9.8 billion (up 4.66% YoY), while the FY2025 annual figure was $9.8 billion, up 5.24% from the prior year.
  • Operating Expenses came in at $2.2 billion for Q1 2026 at Danaher, down from $2.5 billion in the prior quarter.
  • The five-year high for Operating Expenses was $2.8 billion in Q2 2025, with the low at $1.0 billion in Q4 2022.
  • Average Operating Expenses over 5 years is $2.3 billion, with a median of $2.4 billion recorded in 2025.
  • The largest YoY upside for Operating Expenses was 136.17% in 2023 against a maximum downside of 18.65% in 2023.
  • Year by year, Operating Expenses stood at $1.0 billion in 2022, then soared by 136.17% to $2.4 billion in 2023, then climbed by 0.94% to $2.5 billion in 2024, then declined by 0.04% to $2.5 billion in 2025, then dropped by 8.81% to $2.2 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $2.2 billion, $2.5 billion, and $2.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 1.31 Bn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 9.14 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.25 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 360.15 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 790.16 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 1.44 Bn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 553.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 512.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 316.87 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 2.50 Bn

Historic Data

Download Data
DateValue
Mar 27, 2026 2.25 Bn
Dec 31, 2025 2.46 Bn
Sep 26, 2025 2.37 Bn
Jun 27, 2025 2.76 Bn
Mar 28, 2025 2.24 Bn
Dec 31, 2024 2.47 Bn
Sep 27, 2024 2.44 Bn
Jun 28, 2024 2.26 Bn
Mar 29, 2024 2.18 Bn
Dec 31, 2023 2.44 Bn
Sep 29, 2023 2.09 Bn
Jun 30, 2023 2.16 Bn
Mar 31, 2023 2.15 Bn
Dec 31, 2022 1.03 Bn
Sep 30, 2022 2.57 Bn
Jul 1, 2022 2.52 Bn
Apr 1, 2022 2.53 Bn
Dec 31, 2021 1.16 Bn
Oct 1, 2021 2.50 Bn
Jul 2, 2021 2.39 Bn