Danaher (DHR) is a life-sciences and diagnostics conglomerate with typically moderate headline moves — but a recent heating two-year regime and a ~63% beat rate make the implied-vs-actual tension worth studying. Below is its earnings behaviour based on the last 16 reports (roughly the past 10 years), as of July 14, 2026.
DHR earnings at a glance
DHR’s decade-long average earnings move is about ±5.0%, but the last two years have run hotter at ±7.0%. The 95th-percentile tail is about ±9.2%; October 2025’s +12.8% peak shows bioprocessing headlines can still overshoot a tight implied band.
Does DHR beat its implied move?
The implied move is what the options market prices in before the report. DHR’s actual move has topped the implied move in about 63% of recent reports (10 of 16) — more often than not, similar to mega-cap banks despite smaller average moves.
2yr avg
How DHR’s moves are distributed
The distribution is tight-to-moderate with upside spikes: most Danaher earnings moves stay under ±6.5%, but guidance resets can push peaks toward ±9.2% or beyond.
Recent DHR earnings
October 2025 peaked near +12.8% against ~±6.8% implied. January 2025 dropped about -10% vs ~±4.7% implied. Life-sciences names can look stable on averages and still gap on bioprocessing demand commentary.
IV rush and IV crush on DHR
Implied volatility builds into the report (the IV rush) and collapses afterward (the IV crush). With a ~63% beat rate, DHR’s history tilts toward the actual move clearing what options priced — but the heating two-year average means comparing only to the decade mark can understate recent dispersion.
What DHR’s earnings data means for options
These figures are a reference point, not a signal. Danaher has cleared its implied move in roughly three of every five reports (~63%), recent moves have run hotter than the decade average, and the ±9.2% tail is the realistic worst case to stress-test. Compare the live implied move in the EarningsWatcher app.
Frequently asked questions
When is Danaher (DHR) earnings date in July 2026?
Danaher reported Q2 2026 results on Tuesday, July 21, 2026, before the market open (BMO).
What is DHR's implied move for earnings July 21, 2026?
Options priced a plus or minus 6.7% move into the July 21, 2026 report. The realised move is published once the following full session completes. — close to the plus or minus 7.0% two-year average and above the plus or minus 5.0% decade average.
How much does DHR move on earnings?
Over its last 16 earnings reports (as of July 2026), Danaher's average earnings-day peak move was about plus or minus 5.0%, with a median near plus or minus 4.4%. The last two years have averaged about plus or minus 7.0%. The 95th-percentile move is about plus or minus 9.2%.
Does DHR usually beat its implied move?
More often than not. DHR's actual move has topped its options-implied move in about 63% of recent reports (roughly 10 of 16). See the full history in the EarningsWatcher app.