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Danaher DHR Recurring revenue — Sales

Other product segments

Nonrecurring revenue
$920M-0.5%

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Other financials

Income statement

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Revenue$6.0B+3.7%
Gross profit$3.6B+2.3%
Operating income$1.3B+5.5%
Net income$1.0B+7.9%
EPS (diluted)$1.45+9.9%

Balance sheet

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Cash & equivalents$5.7B+186%
Total debt$19.7B+12.0%
Total equity$52.9B+4.1%
Total assets$83.5B+5.6%

Cash flow

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Operating cash flow$1.3B+1.8%
CapEx$237.0M-3.3%
Free cash flow$1.1B+2.9%

Valuation

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Market cap$125.4B-8.5%
Enterprise value$139.38B-8.7%
P/E34×-2.4×
P/S5.1×-0.7×

Profitability

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Gross margin58.9%-0.8pp
Operating margin19.2%-1.0pp
Net margin14.9%-0.9pp

Returns & leverage

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Return on equity7.1%-0.1pp
Debt / equity0.4×0.0×
Current ratio1.9×+0.4×

Where this comes from

Reported directly by Danaher in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Danaher’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Danaher's recurring revenue — sales?
Danaher (DHR) reported recurring revenue — sales of $5.03B in Q1 2026.
How has Danaher's recurring revenue — sales changed year-over-year?
Danaher's recurring revenue — sales increased by 4.5% year-over-year, from $4.82B to $5.03B.
What is the long-term trend for Danaher's recurring revenue — sales?
Over 4 years (2021 to 2025), Danaher's recurring revenue — sales has grown at a 1.3% compound annual growth rate (CAGR), from $19.14B to $20.13B.
What does recurring revenue — sales mean?
Revenue generated from repeat purchases of consumables, services, and subscriptions that provide predictable, ongoing income.
How do you interpret recurring revenue — sales?
An increase indicates a growing installed base and higher customer loyalty, while a decrease may signal potential churn or a shift in customer purchasing behavior.
How does recurring revenue — sales compare across companies?
Peer companies in the life sciences and medical technology sectors often report this as 'recurring revenue' or 'consumables and service revenue' to highlight the quality and predictability of their earnings.