Danaher (DHR) Revenue — Quarter Ended Sep 29, 2023
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year ago. The filing notes several risk factors and management discussion topics but does not provide specific events driving the revenue change.
Key takeaway
Quarter ended Sep 29, 2023 · FY2023 Q3
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year ago. The filing notes several risk factors and management discussion topics but does not provide specific events driving the revenue change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.6B
Revenue reported for this quarter.
Quarter-over-quarter
-4.9%
Change from the immediately preceding quarter.
Year-over-year
-26.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.6B
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 |
|---|---|---|
| Dec 31, 2022 | $7.1B | +104.0% |
| Mar 31, 2023 | $5.9B | -8.8% |
| Jun 30, 2023 | $5.9B | -33.7% |
| Sep 29, 2023 | $5.6B | -26.6% |
Revenue performance
Revenue for the period moved lower, continuing the downward trend observed in recent quarters.
Quarterly comparison
Compared with the immediate prior quarter, revenue was lower. When measured against the same quarter one year earlier, revenue also decreased.
What to watch
The trend shows a sustained period of declining revenue across the last several quarters.