v3.26.1
Revenue (Tables)
6 Months Ended
Jun. 26, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables present the Company’s revenues disaggregated by geographical region and revenue type for the three and six-month periods ended June 26, 2026 and June 27, 2025 ($ in millions). Sales taxes and other usage-based taxes collected from customers are excluded from revenue.
BiotechnologyLife SciencesDiagnosticsTotal
For the Three-Month Period Ended June 26, 2026:
Geographical region:
North America(a)
$583 $759 $1,132 $2,474 
Western Europe689 421 430 1,540 
Other developed markets(b)
74 126 93 293 
High-growth markets(c)
574 573 811 1,958 
Total$1,920 $1,879 $2,466 $6,265 
Revenue type:
Recurring$1,722 $1,268 $2,210 $5,200 
Nonrecurring198 611 256 1,065 
Total$1,920 $1,879 $2,466 $6,265 
For the Three-Month Period Ended June 27, 2025:
Geographical region:
North America(a)
$612 $762 $1,064 $2,438 
Western Europe708 394 405 1,507 
Other developed markets(b)
82 118 94 294 
High-growth markets(c)
448 503 746 1,697 
Total$1,850 $1,777 $2,309 $5,936 
Revenue type:
Recurring$1,694 $1,214 $2,062 $4,970 
Nonrecurring156 563 247 966 
Total$1,850 $1,777 $2,309 $5,936 
BiotechnologyLife SciencesDiagnosticsTotal
For the Six-Month Period Ended June 26, 2026:
Geographical region:
North America(a)
$1,107 $1,448 $2,397 $4,952 
Western Europe1,415 829 861 3,105 
Other developed markets(b)
131 267 179 577 
High-growth markets(c)
1,064 1,072 1,446 3,582 
Total$3,717 $3,616 $4,883 $12,216 
Revenue type:
Recurring$3,364 $2,471 $4,396 $10,231 
Nonrecurring353 1,145 487 1,985 
Total$3,717 $3,616 $4,883 $12,216 
For the Six-Month Period Ended June 27, 2025:
Geographical region:
North America(a)
$1,155 $1,483 $2,382 $5,020 
Western Europe1,274 772 805 2,851 
Other developed markets(b)
146 241 185 572 
High-growth markets(c)
887 961 1,386 3,234 
Total$3,462 $3,457 $4,758 $11,677 
Revenue type:
Recurring$3,151 $2,350 $4,285 $9,786 
Nonrecurring311 1,107 473 1,891 
Total$3,462 $3,457 $4,758 $11,677 
(a) The Company defines North America as the United States and Canada.
(b) The Company defines other developed markets as all the markets of the world that are not North America, Western Europe or high-growth markets.
(c) The Company defines high-growth markets as developing markets of the world experiencing accelerated growth, over extended periods, in gross domestic product and infrastructure which include Eastern Europe, the Middle East, Africa, Latin America (including Mexico) and Asia (with the exception of Japan, Australia and New Zealand). The Company defines developed markets as all markets of the world that are not high-growth markets.