Danaher Corporation financials

Key figures from Danaher Corporation's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricSep 2026Sep 2025Change
Revenue$6.6B$6.1B+8.3%
Net income$1.2B$908M+36.0%
Free cash flow$1.6B$1.4B+19.1%
Gross margin58.5%58.2%+0.3 pts
Operating margin19.0%19.1%-0.1 pts
Net margin18.8%15.0%+3.8 pts

Quarterly trend

Revenue by quarter
$6.4BDec 2023$5.8BMar 2024$5.7BJun 2024$5.8BSep 2024$6.5BDec 2024*$5.7BMar 2025$5.9BJun 2025$6.1BSep 2025$6.8BDec 2025*$6.0BMar 2026$6.3BJun 2026$6.6BSep 2026
Net income by quarter
Dec 2023$1.1BMar 2024$907MJun 2024$818MSep 2024$1.1BDec 2024*$954MMar 2025$555MJun 2025$908MSep 2025$1.2BDec 2025*$1.0BMar 2026$870MJun 2026$1.2BSep 2026
Free cash flow by quarter
$1.2BDec 2023$1.4BMar 2024$1.1BJun 2024$1.2BSep 2024$1.5BDec 2024*$1.1BMar 2025$1.1BJun 2025$1.4BSep 2025$1.7BDec 2025*$1.1BMar 2026$1.3BJun 2026$1.6BSep 2026
Margins by quarter
2%35%69%Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 2026Sep 202659.0%60.2%59.7%58.7%59.5%61.2%59.3%58.2%58.0%60.3%57.6%58.5%20.9%22.6%20.3%16.5%21.8%22.2%12.8%19.1%22.0%22.6%18.0%19.0%18.8%15.8%14.1%16.6%16.6%9.3%15.0%17.5%17.3%13.9%18.8%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$24.6B$3.6B14.7%$5.3B$5.05
FY Dec 2024$23.9B$3.9B16.3%$5.3B$5.29
FY Dec 2023$23.9B$4.8B19.9%$5.8B$6.38
FY Dec 2022$26.6B$7.2B27.1%$7.4B$9.66
FY Dec 2021$24.8B$6.4B25.9%$7.1B$8.61

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.