Danaher (DHR) Operating Income (2009 - 2026)
Danaher (DHR) reported Operating Income of $1.25 billion for Q3 2026, up 7.9% from $1.15 billion a year earlier and up 10.5% from the prior quarter.
Danaher (DHR) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 25, 2026, Danaher's Operating Income came in at $5.22 billion, up 13.1% year-over-year; for FY2025, it came in at $4.69 billion, down 3.6% from FY2024.
- Operating Income has declined for three consecutive years, though with a five-year compound annual growth rate of 2.1% (FY2020 to FY2025).
- By year, Operating Income came in at $4.86 billion in FY2024 (-6.5%), $5.2 billion in FY2023 (-31.0%), $7.54 billion in FY2022 (+18.2%) and $6.38 billion in FY2021 (+50.7%).
- Five-year quarterly Operating Income spans a low of $760 million in Q2 2025 and a high of $2 billion in Q4 2022.
- Year over year, Operating Income has now increased in each of the last five quarters, with growth averaging 7.0% over the last eight quarters.
- The high point for year-over-year Operating Income in five years was Q4 2022 (growth of 87.3%); the low point was Q2 2023 (a decline of 38.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.13 billion (Q2 2026), $1.34 billion (Q1 2026) and $1.5 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 227.48 Bn | 5.13 Bn | 2.26 Bn |
| 2 | Abbott Laboratories | 196.71 Bn | 171.17 Bn | 7.39 Bn | 1.36 Bn |
| 3 | Intuitive Surgical | 162.39 Bn | 142.81 Bn | 2.08 Bn | 592.60 Mn |
| 4 | Danaher | 159.24 Bn | 138.90 Bn | 3.84 Bn | 1.25 Bn |
| 5 | Medtronic | 134.19 Bn | 100.06 Bn | 6.34 Bn | 1.76 Bn |
| 6 | Stryker | 127.55 Bn | 113.73 Bn | 4.25 Bn | 1.03 Bn |
| 7 | Boston Scientific | 64.68 Bn | 60.35 Bn | 3.43 Bn | 828.00 Mn |
| 8 | Becton Dickinson | 58.15 Bn | 55.30 Bn | 2.32 Bn | 663.00 Mn |
| 9 | Edwards Lifesciences | 57.96 Bn | 41.27 Bn | 1.35 Bn | 299.10 Mn |
| 10 | Medline | 52.32 Bn | 49.45 Bn | 1.93 Bn | 500.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 25, 2026 | 1.25 Bn |
| Jun 26, 2026 | 1.13 Bn |
| Mar 27, 2026 | 1.34 Bn |
| Dec 31, 2025 | 1.50 Bn |
| Sep 26, 2025 | 1.15 Bn |
| Jun 27, 2025 | 760.00 Mn |
| Mar 28, 2025 | 1.27 Bn |
| Dec 31, 2024 | 1.43 Bn |
| Sep 27, 2024 | 958.00 Mn |
| Jun 28, 2024 | 1.17 Bn |
| Mar 29, 2024 | 1.31 Bn |
| Dec 31, 2023 | 1.34 Bn |
| Sep 29, 2023 | 1.19 Bn |
| Jun 30, 2023 | 1.16 Bn |
| Mar 31, 2023 | 1.52 Bn |
| Dec 31, 2022 | 2.00 Bn |
| Sep 30, 2022 | 1.72 Bn |
| Jul 1, 2022 | 1.89 Bn |
| Apr 1, 2022 | 1.93 Bn |
| Dec 31, 2021 | 1.07 Bn |
Danaher Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=DHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "DHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=DHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();