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Side-by-side financial comparison of Danaher Corporation (DHR) and PayPal (PYPL). Click either name above to swap in a different company.
PayPal is the larger business by last-quarter revenue ($8.4B vs $6.0B, roughly 1.4× Danaher Corporation). Danaher Corporation runs the higher net margin — 17.3% vs 13.3%, a 4.0% gap on every dollar of revenue. On growth, PayPal posted the faster year-over-year revenue change (7.0% vs 3.7%). Danaher Corporation produced more free cash flow last quarter ($1.1B vs $903.0M). Over the past eight quarters, PayPal's revenue compounded faster (2.9% CAGR vs 1.8%).
Danaher CorporationDHREarnings & Financial Report
Danaher Corporation is an American healthcare company headquartered in Washington, D.C.. It develops products used for advances in biotechnology, life sciences, and diagnostics. The company operates three divisions: biotechnology, which develops products for the development of therapeutics; life sciences, which develops products to identify causes of disease, new therapies, and to test and manufacture new drugs, vaccines and gene editing technologies; and diagnostics, which develops instruments,...
PayPalPYPLEarnings & Financial Report
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial and company users.
DHR vs PYPL — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.0B | $8.4B |
| Net Profit | $1.0B | $1.1B |
| Gross Margin | 60.3% | — |
| Operating Margin | 22.6% | 17.8% |
| Net Margin | 17.3% | 13.3% |
| Revenue YoY | 3.7% | 7.0% |
| Net Profit YoY | 7.9% | -13.5% |
| EPS (diluted) | $1.45 | $1.21 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $6.0B | $8.4B | ||
| Q4 25 | $6.8B | $8.7B | ||
| Q3 25 | $6.1B | $8.4B | ||
| Q2 25 | $5.9B | $8.3B | ||
| Q1 25 | $5.7B | $7.8B | ||
| Q4 24 | $6.5B | $8.4B | ||
| Q3 24 | $5.8B | $7.8B | ||
| Q2 24 | $5.7B | $7.9B |
| Q1 26 | $1.0B | $1.1B | ||
| Q4 25 | $1.2B | $1.4B | ||
| Q3 25 | $908.0M | $1.2B | ||
| Q2 25 | $555.0M | $1.3B | ||
| Q1 25 | $954.0M | $1.3B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $818.0M | $1.0B | ||
| Q2 24 | $907.0M | $1.1B |
| Q1 26 | 60.3% | — | ||
| Q4 25 | 58.0% | — | ||
| Q3 25 | 58.2% | — | ||
| Q2 25 | 59.3% | — | ||
| Q1 25 | 61.2% | — | ||
| Q4 24 | 59.5% | — | ||
| Q3 24 | 58.7% | — | ||
| Q2 24 | 59.7% | — |
| Q1 26 | 22.6% | 17.8% | ||
| Q4 25 | 22.0% | 17.4% | ||
| Q3 25 | 19.1% | 18.1% | ||
| Q2 25 | 12.8% | 18.1% | ||
| Q1 25 | 22.2% | 19.6% | ||
| Q4 24 | 21.8% | 17.2% | ||
| Q3 24 | 16.5% | 17.7% | ||
| Q2 24 | 20.3% | 16.8% |
| Q1 26 | 17.3% | 13.3% | ||
| Q4 25 | 17.5% | 16.6% | ||
| Q3 25 | 15.0% | 14.8% | ||
| Q2 25 | 9.3% | 15.2% | ||
| Q1 25 | 16.6% | 16.5% | ||
| Q4 24 | 16.6% | 13.4% | ||
| Q3 24 | 14.1% | 12.9% | ||
| Q2 24 | 15.8% | 14.3% |
| Q1 26 | $1.45 | $1.21 | ||
| Q4 25 | $1.69 | $1.53 | ||
| Q3 25 | $1.27 | $1.30 | ||
| Q2 25 | $0.77 | $1.29 | ||
| Q1 25 | $1.32 | $1.29 | ||
| Q4 24 | $1.50 | $1.09 | ||
| Q3 24 | $1.12 | $0.99 | ||
| Q2 24 | $1.22 | $1.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $9.3B |
| Total DebtLower is stronger | — | $9.4B |
| Stockholders' EquityBook value | — | $20.0B |
| Total Assets | — | $80.5B |
| Debt / EquityLower = less leverage | — | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $9.3B | ||
| Q4 25 | — | $10.4B | ||
| Q3 25 | — | $10.8B | ||
| Q2 25 | — | $10.0B | ||
| Q1 25 | — | $11.2B | ||
| Q4 24 | — | $10.8B | ||
| Q3 24 | — | $11.9B | ||
| Q2 24 | — | $13.6B |
| Q1 26 | — | $9.4B | ||
| Q4 25 | $18.4B | — | ||
| Q3 25 | $16.9B | — | ||
| Q2 25 | $17.4B | — | ||
| Q1 25 | $16.5B | — | ||
| Q4 24 | $16.0B | — | ||
| Q3 24 | $17.5B | — | ||
| Q2 24 | $17.0B | — |
| Q1 26 | — | $20.0B | ||
| Q4 25 | $52.5B | $20.3B | ||
| Q3 25 | $51.1B | $20.2B | ||
| Q2 25 | $52.3B | $20.2B | ||
| Q1 25 | $50.8B | $20.3B | ||
| Q4 24 | $49.5B | $20.4B | ||
| Q3 24 | $51.3B | $20.2B | ||
| Q2 24 | $49.9B | $20.6B |
| Q1 26 | — | $80.5B | ||
| Q4 25 | $83.5B | $80.2B | ||
| Q3 25 | $79.9B | $79.8B | ||
| Q2 25 | $81.6B | $79.8B | ||
| Q1 25 | $79.1B | $81.3B | ||
| Q4 24 | $77.5B | $81.6B | ||
| Q3 24 | $80.6B | $83.5B | ||
| Q2 24 | $78.6B | $84.0B |
| Q1 26 | — | 0.47× | ||
| Q4 25 | 0.35× | — | ||
| Q3 25 | 0.33× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 0.32× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | 0.34× | — | ||
| Q2 24 | 0.34× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.3B | $1.1B |
| Free Cash FlowOCF − Capex | $1.1B | $903.0M |
| FCF MarginFCF / Revenue | 18.2% | 10.8% |
| Capex IntensityCapex / Revenue | 4.0% | — |
| Cash ConversionOCF / Net Profit | 1.28× | 1.02× |
| TTM Free Cash FlowTrailing 4 quarters | $5.3B | $5.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.3B | $1.1B | ||
| Q4 25 | $2.1B | $2.4B | ||
| Q3 25 | $1.7B | $2.0B | ||
| Q2 25 | $1.3B | $898.0M | ||
| Q1 25 | $1.3B | $1.2B | ||
| Q4 24 | $2.0B | $2.4B | ||
| Q3 24 | $1.5B | $1.6B | ||
| Q2 24 | $1.4B | $1.5B |
| Q1 26 | $1.1B | $903.0M | ||
| Q4 25 | $1.7B | $2.2B | ||
| Q3 25 | $1.4B | $1.7B | ||
| Q2 25 | $1.1B | $692.0M | ||
| Q1 25 | $1.1B | $964.0M | ||
| Q4 24 | $1.5B | $2.2B | ||
| Q3 24 | $1.2B | $1.4B | ||
| Q2 24 | $1.1B | $1.4B |
| Q1 26 | 18.2% | 10.8% | ||
| Q4 25 | 25.5% | 25.2% | ||
| Q3 25 | 22.6% | 20.4% | ||
| Q2 25 | 18.4% | 8.3% | ||
| Q1 25 | 18.4% | 12.4% | ||
| Q4 24 | 23.0% | 26.2% | ||
| Q3 24 | 21.0% | 18.4% | ||
| Q2 24 | 19.7% | 17.3% |
| Q1 26 | 4.0% | — | ||
| Q4 25 | 5.4% | 2.2% | ||
| Q3 25 | 4.8% | 3.0% | ||
| Q2 25 | 4.2% | 2.5% | ||
| Q1 25 | 4.3% | 2.5% | ||
| Q4 24 | 7.9% | 2.4% | ||
| Q3 24 | 5.1% | 2.2% | ||
| Q2 24 | 5.0% | 2.0% |
| Q1 26 | 1.28× | 1.02× | ||
| Q4 25 | 1.77× | 1.66× | ||
| Q3 25 | 1.83× | 1.58× | ||
| Q2 25 | 2.41× | 0.71× | ||
| Q1 25 | 1.36× | 0.90× | ||
| Q4 24 | 1.86× | 2.14× | ||
| Q3 24 | 1.85× | 1.60× | ||
| Q2 24 | 1.56× | 1.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DHR
Segment breakdown not available.
PYPL
| Transaction revenues | $7.5B | 90% |
| Revenues from other value added services | $852.0M | 10% |
