Danaher Q1 FY26: where the revenue came from and where it went
The whole income statement of Danaher for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 27, 2026
- Reported
- Apr 21, 2026
Revenue$5.95B
+4% year over year
Gross profit$3.59B
60% margin
Operating profit$1.34B
23% margin
Net profit$1.03B
17% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.95 | 100% | +4% |
| Recurring | 5.03 | 85% | +4% |
| Nonrecurring | 0.92 | 15% | −1% |
| Cost of revenue | −2.36 | 40% | |
| Gross profit | 3.59 | 60% margin | −1pp |
| R&D | −0.39 | 7% | +0pp |
| SG&A | −1.86 | 31% | −1pp |
| Operating profit | 1.34 | 23% margin | +0pp |
| Interest & other costs | −0.11 | ||
| Tax | −0.21 | ||
| Net profit | 1.03 | 17% margin | +1pp |
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