Filing Flows › Danaher (DHR) › Operating margin
Danaher (DHR) operating margin by quarter
Danaher's operating margin was 19.0% in Q3 2026 (third quarter 2026), +1.0 pts from Q2 2026. Over the last 7 quarters it ranged from 12.8% (Q2 2025) to 22.6% (Q1 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 19.0% | +1.0 pts | -0.1 pts |
| Q2 2026 | 18.0% | -4.6 pts | +5.2 pts |
| Q1 2026 | 22.6% | +0.6 pts | +0.4 pts |
| Q4 2025 | 22.0% | +2.9 pts | — |
| Q3 2025 | 19.1% | +6.3 pts | — |
| Q2 2025 | 12.8% | -9.4 pts | — |
| Q1 2025 | 22.2% | — | — |
Q3 2026 at a glance
Danaher, Q3 2026: revenue $6.6B (+8% year over year), operating margin 19.0%, net earnings $1.2B, operating cash flow $1.9B. The chart follows the revenue to costs, profit and cash.
Questions
What is Danaher's operating margin?
Danaher's operating margin was 19.0% in Q3 2026 (third quarter 2026), +1.0 pts from Q2 2026.
How has Danaher's operating margin changed?
Over the last 7 quarters it ranged from 12.8% (Q2 2025) to 22.6% (Q1 2026).