Danaher DHR
NYSE DHR
$212.54 +4.18 (+2.01%)
As of: Sep 17, 2026 · 3:59 PM EDT

Danaher (DHR) Research & Development (2009 - 2026)

Danaher (DHR) posted Research & Development of $412.0 million for Q2 2026, up 6.46% on a QoQ basis from $387.0 million in Q1 2026, and up 2.23% year-over-year from $403.0 million in Q2 2025.

Analysis

Danaher (DHR) Research & Development (2009 - 2026) Analysis & Trends

Danaher has reported Research & Development for 18 years, with the latest figure at $412.0 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 2.23% year-over-year to $412.0 million in Q2 2026; TTM through Jun 2026 was $1.6 billion, a 0.5% change from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 0.88% from the prior year.
  • Research & Development was $412.0 million for Q2 2026 at Danaher, up from $387.0 million in the prior quarter.
  • The five-year high for Research & Development was $442.0 million in Q4 2024, with the low at $236.0 million in Q4 2022.
  • Average Research & Development over 5 years is $389.6 million, with a median of $389.0 million recorded in 2024.
  • The largest YoY upside for Research & Development was 72.46% in 2023 against a maximum downside of 16.24% in 2023.
  • Over 5 years, Research & Development stood at $236.0 million in 2022, then surged by 72.46% to $407.0 million in 2023, then increased by 8.6% to $442.0 million in 2024, then retreated by 0.9% to $438.0 million in 2025, then retreated by 5.94% to $412.0 million in 2026.
  • The last three Research & Development figures came in at $412.0 million (Q2 2026), $387.0 million (Q1 2026), and $438.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Thermo Fisher Scientific 241.68 Bn 237.61 Bn 8.34 Bn 364.00 Mn
2 Danaher 147.34 Bn 142.99 Bn 3.61 Bn 412.00 Mn
3 Agilent Technologies 43.34 Bn 41.59 Bn 1.04 Bn 123.00 Mn
4 Illumina 34.58 Bn 33.41 Bn 770.00 Mn 252.00 Mn
5 Revvity 16.31 Bn 15.29 Bn 416.87 Mn 48.97 Mn
6 Bio-Techne 11.28 Bn 11.01 Bn 211.39 Mn 23.95 Mn
7 Bio-Rad Laboratories 10.16 Bn 8.54 Bn 345.80 Mn 61.20 Mn
8 Repligen 9.77 Bn 8.75 Bn 110.04 Mn 14.42 Mn
9 10x Genomics 9.45 Bn 8.90 Bn 112.50 Mn 56.79 Mn
10 Bruker 9.26 Bn 9.04 Bn 416.00 Mn 94.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 26, 2026 412.00 Mn
Mar 27, 2026 387.00 Mn
Dec 31, 2025 438.00 Mn
Sep 26, 2025 378.00 Mn
Jun 27, 2025 403.00 Mn
Mar 28, 2025 379.00 Mn
Dec 31, 2024 442.00 Mn
Sep 27, 2024 383.00 Mn
Jun 28, 2024 391.00 Mn
Mar 29, 2024 368.00 Mn
Dec 31, 2023 407.00 Mn
Sep 29, 2023 362.00 Mn
Jun 30, 2023 361.00 Mn
Mar 31, 2023 373.00 Mn
Dec 31, 2022 236.00 Mn
Sep 30, 2022 420.00 Mn
Jul 1, 2022 431.00 Mn
Apr 1, 2022 441.00 Mn
Dec 31, 2021 251.00 Mn
Oct 1, 2021 441.00 Mn