Danaher Corporation stock research
FY2026 Q1
Danaher (DHR) Gross Margin & Quarterly History
Explore Danaher Corporation (DHR) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 27, 2026 · FY2026 Q1
Revenue and gross profit both decreased from the preceding quarter, yet the gross margin improved due to a proportionally larger reduction in cost of revenue. Compared with the same quarter last year, revenue and gross profit increased, but gross margin weakened slightly as cost of revenue grew at a faster pace.
- The sequential gross margin improvement was supported by a decline in cost of revenue that outpaced the drop in revenue.
- Compared to the prior quarter, revenue and gross profit were lower but gross margin was higher. Versus the same quarter a year ago, revenue and gross profit were higher while gross margin was lower.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
60.3%
Gross profit
$3.6B
Revenue
$6.0B
Cost of revenue
$2.4B
Quarter-over-quarter change
+2.3 pts
Year-over-year change
-0.8 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 27, 2025 | $5.9B | $3.5B | $2.4B | 59.3% |
| Sep 26, 2025 | $6.1B | $3.5B | $2.5B | 58.2% |
| Dec 31, 2025 | $6.8B | $4.0B | $2.9B | 58.0% |
| Mar 27, 2026 | $6.0B | $3.6B | $2.4B | 60.3% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
+2.3 pts
Year-over-year change
Mar 28, 2025
-0.8 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The sequential gross margin improvement was supported by a decline in cost of revenue that outpaced the drop in revenue.
Compared to the prior quarter, revenue and gross profit were lower but gross margin was higher. Versus the same quarter a year ago, revenue and gross profit were higher while gross margin was lower.
Monitor the relationship between revenue and cost of revenue trends, as gross margin has shown contrasting movements across sequential and year-over-year comparisons.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Danaher Corporation (DHR) | 60.3% |