DHR · Q1 FY26 · Jan 1 – Mar 27, 2026
Danaher Q1 FY26: where the revenue came from and where it went
Danaher Q1 FY26: revenue $6B (+4% year over year). Net profit $1B. Largest cohort Revenuefrom… Recurring $5B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jan 1 – Mar 27, 2026
- Reported
- Apr 21, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$6B
+4% year over year
Gross profit$3.6B
60% margin
Operating profit$1.3B
23% margin
Net profit$1B
17% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6 | 100% | +4% |
| Revenuefrom… Recurring | 5 | 83% | +4% |
| Revenuefrom… Nonrecurring | 0.9 | 15% | −1% |
| Cost of revenue | −2.4 | 40% | |
| Gross profit | 3.6 | 60% margin | −1pp |
| Research & development | −0.4 | 7% | +0pp |
| SG&A | −1.9 | 31% | −1pp |
| Operating profit | 1.3 | 23% margin | +0pp |
| Tax | −0.2 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 1 | 17% | +1pp |
Older quarters
-
Q2 FY26 6/2026Revenue $6.3B Net margin 14%
-
Q4 FY25 12/2025Revenue $6.8B Net margin 18%
-
Q3 FY25 9/2025Revenue $6.1B Net margin 15%
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