Danaher posts strong Q3 2026 results and lifts full‑year adjusted EPS outlook
Danaher reported third‑quarter 2026 net profit of $1.2 billion, or $1.71 per diluted share, a 34.5% increase from a year earlier. Revenue rose 8.5% to $6.6 billion and non‑GAAP adjusted EPS grew 11.5% to $2.11. The company raised its 2026 adjusted EPS guidance to $8.57‑$8.62 and said it expects core revenue growth of about 3% YoY in the fourth quarter, excluding respiratory testing. New CEO Julie Sawyer Montgomery highlighted improving trends across its end markets.
Why it matters
The higher earnings and raised guidance suggest stronger profitability and cash generation, which could support continued dividend payments and share buybacks, according to the company's own outlook. The forecasted 3% core revenue growth for Q4, excluding respiratory, indicates modest but positive momentum for the business.
Key facts
- 1Net earnings for Q3 2026 were $1.2 billion, or $1.71 per diluted common share, up 34.5% year‑over‑year. prnewswire.com
- 2Revenue increased 8.5% year‑over‑year to $6.6 billion. prnewswire.com
- 3Non‑GAAP adjusted diluted EPS grew 11.5% to $2.11. prnewswire.com
- 4Full‑year 2026 adjusted EPS guidance was raised to a range of $8.57‑$8.62 per share. prnewswire.com
- 5The company expects non‑GAAP core revenue excluding respiratory testing to grow 3.0% year‑over‑year in Q4 2026. prnewswire.com
- 6Julie Sawyer Montgomery became Danaher’s CEO on October 1, 2026. seekingalpha.com
Summary written by AlphAI AI Desk from 15 of 15 sources. Not investment advice. Figures are as stated by the linked sources.