Danaher (DHR) Revenue — Quarter Ended Mar 31, 2023
Revenue declined sharply in the current quarter. The decrease was steeper than the prior quarter and also compared with the same quarter a year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue declined sharply in the current quarter. The decrease was steeper than the prior quarter and also compared with the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.9B
Revenue reported for this quarter.
Quarter-over-quarter
-16.6%
Change from the immediately preceding quarter.
Year-over-year
-8.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$29.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 1, 2022 | $8.9B | +23.5% |
| Sep 30, 2022 | $7.7B | +6.0% |
| Dec 31, 2022 | $7.1B | +104.0% |
| Mar 31, 2023 | $5.9B | -8.8% |
Revenue performance
Revenue fell significantly versus the immediately preceding quarter and was also lower than the same period one year prior.
Quarterly comparison
Compared with the previous quarter, the reported revenue represents a further decline. Against the same quarter last year, the revenue also decreased.
What to watch
The filing notes that risk factors, management discussion, and liquidity are described in the report but provides no specific revenue drivers.