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

Danaher (DHR) recorded quarterly Research & Development of $387.0 million in Q1 2026, down 11.64% quarter-over-quarter from $438.0 million in Q4 2025, and up 2.11% on a YoY basis from $379.0 million in Q1 2025.

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

Danaher's Research & Development history runs 18 years deep, the most recent figure standing at $387.0 million for Q1 2026.

  • In Q1 2026, Research & Development rose 2.11% year-over-year to $387.0 million; the TTM figure through Mar 2026 stood at $1.6 billion (up 0.69% YoY), while the FY2025 annual figure was $1.6 billion, up 0.88% from the prior year.
  • Research & Development was $387.0 million for Q1 2026 at Danaher, down from $438.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $442.0 million in Q4 2024 to a low of $236.0 million in Q4 2022.
  • Historically, Research & Development has averaged $388.2 million across 5 years, with a median of $387.0 million in 2026.
  • Biggest YoY gain for Research & Development was 72.46% in 2023; the steepest drop was 16.24% in 2023.
  • A 5-year view of Research & Development shows it stood at $236.0 million in 2022, then jumped by 72.46% to $407.0 million in 2023, then grew by 8.6% to $442.0 million in 2024, then fell by 0.9% to $438.0 million in 2025, then retreated by 11.64% to $387.0 million in 2026.
  • The last three Research & Development figures came in at $387.0 million (Q1 2026), $438.0 million (Q4 2025), and $378.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 96.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 336.00 Mn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 387.00 Mn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 65.79 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 126.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn -
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 210.70 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 240.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 51.28 Mn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn -

Historic Data

Download Data
DateValue
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
Jul 2, 2021 426.00 Mn