DHR · 10-Q · 2026Q3 · Full report
FX / Currency Headwinds
DANAHER CORP /DE/ · 2026-10-21 · Importance 18 · Surprise 14 · In source text
Foreign currency had no significant effect on reported sales in the third quarter of 2026 and increased reported sales by approximately 1.5% for the first nine months of 2026 versus the comparable 2025 period. The nine-month benefit primarily reflected exchange-rate movements between the U.S. dollar, euro and other major currencies. Danaher remains exposed to translation risk on international sales and transactional risk from customer and intercompany transactions denominated in currencies other than the applicable functional currency. Management expects a stronger U.S. dollar relative to September 25, 2026 rates to adversely affect sales and results of operations, while a weaker dollar would have the opposite effect.
Key facts
- Comprehensive income decreased approximately $2.6 billion for the nine-month period ended September 25, 2026 compared to the comparable period of 2025. source
- Foreign currency translation gains: approximately $2.4 billion for nine-month period ended September 26, 2025. source
- Foreign currency translation losses: $596 million for nine-month period ended September 25, 2026. source
- Comprehensive income increased by $278 million for the three-month period ended September 25, 2026 compared to the comparable period of 2025. source
- Currency exchange rates increased reported sales by approximately 1.5% for the nine-month period ended September 25, 2026 compared to the comparable period of 2025. source
- Foreign currency translation losses: $53 million for three-month period ended September 25, 2026. source
- Foreign currency translation losses: $71 million for three-month period ended September 26, 2025. source
- Losses from cash flow hedge adjustments related to cross-currency swap derivative contracts: $19 million for three-month period ended September 25, 2026 and $65 million for nine-month period ended September 25, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | — | Comprehensive income decreased approximately $2.6 billion for the nine-month period ended September 25, 2026 compared to the comparable… |