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Side-by-side financial comparison of Danaher Corporation (DHR) and Block, Inc. (XYZ). Click either name above to swap in a different company.
Block, Inc. is the larger business by last-quarter revenue ($6.3B vs $6.0B, roughly 1.1× Danaher Corporation). Danaher Corporation runs the higher net margin — 17.3% vs 1.9%, a 15.4% gap on every dollar of revenue. On growth, Danaher Corporation posted the faster year-over-year revenue change (3.7% vs 3.6%). Danaher Corporation produced more free cash flow last quarter ($1.1B vs $579.8M). Over the past eight quarters, Block, Inc.'s revenue compounded faster (2.4% 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,...
Block, Inc. is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually.
DHR vs XYZ — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $6.0B | $6.3B |
| Net Profit | $1.0B | $115.8M |
| Gross Margin | 60.3% | 45.9% |
| Operating Margin | 22.6% | 7.8% |
| Net Margin | 17.3% | 1.9% |
| Revenue YoY | 3.7% | 3.6% |
| Net Profit YoY | 7.9% | -94.1% |
| EPS (diluted) | $1.45 | $0.19 |
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 | — | ||
| Q4 25 | $6.8B | $6.3B | ||
| Q3 25 | $6.1B | $6.1B | ||
| Q2 25 | $5.9B | $6.1B | ||
| Q1 25 | $5.7B | $5.8B | ||
| Q4 24 | $6.5B | $6.0B | ||
| Q3 24 | $5.8B | $6.0B | ||
| Q2 24 | $5.7B | $6.2B |
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.2B | $115.8M | ||
| Q3 25 | $908.0M | $461.5M | ||
| Q2 25 | $555.0M | $538.5M | ||
| Q1 25 | $954.0M | $189.9M | ||
| Q4 24 | $1.1B | $1.9B | ||
| Q3 24 | $818.0M | $283.8M | ||
| Q2 24 | $907.0M | $195.3M |
| Q1 26 | 60.3% | — | ||
| Q4 25 | 58.0% | 45.9% | ||
| Q3 25 | 58.2% | 43.5% | ||
| Q2 25 | 59.3% | 41.9% | ||
| Q1 25 | 61.2% | 39.7% | ||
| Q4 24 | 59.5% | 38.3% | ||
| Q3 24 | 58.7% | 37.6% | ||
| Q2 24 | 59.7% | 36.3% |
| Q1 26 | 22.6% | — | ||
| Q4 25 | 22.0% | 7.8% | ||
| Q3 25 | 19.1% | 6.7% | ||
| Q2 25 | 12.8% | 8.0% | ||
| Q1 25 | 22.2% | 5.7% | ||
| Q4 24 | 21.8% | 0.2% | ||
| Q3 24 | 16.5% | 5.4% | ||
| Q2 24 | 20.3% | 5.0% |
| Q1 26 | 17.3% | — | ||
| Q4 25 | 17.5% | 1.9% | ||
| Q3 25 | 15.0% | 7.5% | ||
| Q2 25 | 9.3% | 8.9% | ||
| Q1 25 | 16.6% | 3.3% | ||
| Q4 24 | 16.6% | 32.3% | ||
| Q3 24 | 14.1% | 4.7% | ||
| Q2 24 | 15.8% | 3.2% |
| Q1 26 | $1.45 | — | ||
| Q4 25 | $1.69 | $0.19 | ||
| Q3 25 | $1.27 | $0.74 | ||
| Q2 25 | $0.77 | $0.87 | ||
| Q1 25 | $1.32 | $0.30 | ||
| Q4 24 | $1.50 | $3.06 | ||
| Q3 24 | $1.12 | $0.45 | ||
| Q2 24 | $1.22 | $0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $6.6B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $22.2B |
| Total Assets | — | $39.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $6.6B | ||
| Q3 25 | — | $8.3B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $7.1B | ||
| Q4 24 | — | $8.1B | ||
| Q3 24 | — | $8.3B | ||
| Q2 24 | — | $7.8B |
| Q1 26 | — | — | ||
| Q4 25 | $18.4B | — | ||
| Q3 25 | $16.9B | $7.3B | ||
| Q2 25 | $17.4B | $5.1B | ||
| Q1 25 | $16.5B | $5.1B | ||
| Q4 24 | $16.0B | $6.1B | ||
| Q3 24 | $17.5B | $6.1B | ||
| Q2 24 | $17.0B | $6.1B |
| Q1 26 | — | — | ||
| Q4 25 | $52.5B | $22.2B | ||
| Q3 25 | $51.1B | $22.5B | ||
| Q2 25 | $52.3B | $22.2B | ||
| Q1 25 | $50.8B | $21.5B | ||
| Q4 24 | $49.5B | $21.3B | ||
| Q3 24 | $51.3B | $19.9B | ||
| Q2 24 | $49.9B | $19.3B |
| Q1 26 | — | — | ||
| Q4 25 | $83.5B | $39.5B | ||
| Q3 25 | $79.9B | $39.2B | ||
| Q2 25 | $81.6B | $36.9B | ||
| Q1 25 | $79.1B | $36.4B | ||
| Q4 24 | $77.5B | $36.8B | ||
| Q3 24 | $80.6B | $36.4B | ||
| Q2 24 | $78.6B | $37.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.35× | — | ||
| Q3 25 | 0.33× | 0.32× | ||
| Q2 25 | 0.33× | 0.23× | ||
| Q1 25 | 0.32× | 0.24× | ||
| Q4 24 | 0.32× | 0.29× | ||
| Q3 24 | 0.34× | 0.31× | ||
| Q2 24 | 0.34× | 0.32× |
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 | $621.0M |
| Free Cash FlowOCF − Capex | $1.1B | $579.8M |
| FCF MarginFCF / Revenue | 18.2% | 9.3% |
| Capex IntensityCapex / Revenue | 4.0% | 0.7% |
| Cash ConversionOCF / Net Profit | 1.28× | 5.36× |
| TTM Free Cash FlowTrailing 4 quarters | $5.3B | $2.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.3B | — | ||
| Q4 25 | $2.1B | $621.0M | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.3B | $374.3M | ||
| Q1 25 | $1.3B | $133.3M | ||
| Q4 24 | $2.0B | $13.8M | ||
| Q3 24 | $1.5B | $684.8M | ||
| Q2 24 | $1.4B | $519.4M |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.7B | $579.8M | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.1B | $343.0M | ||
| Q1 25 | $1.1B | $101.5M | ||
| Q4 24 | $1.5B | $-13.2M | ||
| Q3 24 | $1.2B | $628.2M | ||
| Q2 24 | $1.1B | $481.0M |
| Q1 26 | 18.2% | — | ||
| Q4 25 | 25.5% | 9.3% | ||
| Q3 25 | 22.6% | 22.9% | ||
| Q2 25 | 18.4% | 5.7% | ||
| Q1 25 | 18.4% | 1.8% | ||
| Q4 24 | 23.0% | -0.2% | ||
| Q3 24 | 21.0% | 10.5% | ||
| Q2 24 | 19.7% | 7.8% |
| Q1 26 | 4.0% | — | ||
| Q4 25 | 5.4% | 0.7% | ||
| Q3 25 | 4.8% | 0.8% | ||
| Q2 25 | 4.2% | 0.5% | ||
| Q1 25 | 4.3% | 0.6% | ||
| Q4 24 | 7.9% | 0.4% | ||
| Q3 24 | 5.1% | 0.9% | ||
| Q2 24 | 5.0% | 0.6% |
| Q1 26 | 1.28× | — | ||
| Q4 25 | 1.77× | 5.36× | ||
| Q3 25 | 1.83× | 3.14× | ||
| Q2 25 | 2.41× | 0.70× | ||
| Q1 25 | 1.36× | 0.70× | ||
| Q4 24 | 1.86× | 0.01× | ||
| Q3 24 | 1.85× | 2.41× | ||
| Q2 24 | 1.56× | 2.66× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DHR
Segment breakdown not available.
XYZ
| US | $5.7B | 91% |
| Non Us | $560.9M | 9% |