Company: DHR
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000313616-25-000182
Chunk: 155

Company: DANAHER CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 2
Chunk 155
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 market segments and to respond to current market conditions.  The life sciences instruments business includes the flow cytometry and lab automation solutions business, the mass spectrometry business and the microscopy business.  The life science consumables business includes the genomic medicines businesses and the protein consumables business.

Life Sciences Selected Financial Data 

 Three-Month Period EndedNine-Month Period Ended($ in millions)September 26, 2025September 27, 2024September 26, 2025September 27, 2024Sales$1,792 $1,782 $5,249 $5,297 Operating profit222 35 184 503 Depreciation47 44 137 123 Amortization of intangible assets154 147 453 428 Operating profit as a % of sales12.4 %2.0 %3.5 %9.5 %Depreciation as a % of sales2.6 %2.5 %2.6 %2.3 %Amortization as a % of sales8.6 %8.2 %8.6 %8.1 %

Sales Growth (Decline) and Core Sales Decline

% Change Three-Month Period Ended September 26, 2025 vs. Comparable 2024 Period% Change Nine-Month Period Ended September 26, 2025 vs. Comparable 2024 PeriodTotal sales growth (decline) (GAAP)0.5 %(1.0)%Impact of:Acquisitions— %(1.0)%Currency exchange rates (1.5)%(0.5)%Core sales decline (non-GAAP)(1.0)%(2.5)%

Price increases in the segment contributed 1.0% and 0.5% to the change in sales on a year-over-year basis during the three and nine-month periods ended September 26, 2025, respectively, and are reflected as a component of core sales above.

32

Total segment sales increased 0.5% and decreased 1.0% during the three and nine-month periods ended September 26, 2025, respectively.  The sales increase during the three-month period was driven by currency exchange rates, partially offset by a decline in core sales.  The sales decline during the nine-month period was primarily a result of decreased core sales, partially offset by the impact of acquisitions and to a lesser extent