Thermo Fisher Scientific Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	9,852	4,009	8,077	8,524	4,477
Short-Term Investments	253	1,561	3	-	-
Cash & Short-Term Investments	10,105	5,570	8,080	8,524	4,477
Cash Growth	81.42%	-31.06%	-5.21%	90.40%	-56.64%
Accounts Receivable	8,900	8,191	8,221	8,115	7,977
Inventory	5,425	4,978	5,088	5,634	5,051
Other Current Assets	4,278	3,399	3,200	2,956	2,608
Total Current Assets	28,707	22,137	24,589	25,229	20,113
Net Property, Plant & Equipment	10,565	9,306	9,448	9,280	8,333
Other Intangible Assets	15,838	15,533	16,670	17,442	20,113
Goodwill	49,362	45,853	44,020	41,196	41,924
Other Long-Term Assets	5,871	4,492	3,999	4,007	4,640
Total Assets	110,343	97,321	98,726	97,154	95,123
Accounts Payable	3,622	3,079	2,872	3,381	2,867
Accrued Expenses	5,324	5,187	4,842	5,449	5,377
Short-Term Debt	3,533	2,214	3,609	5,579	2,537
Unearned Revenue	2,710	2,852	2,689	2,601	2,655
Total Current Liabilities	15,189	13,332	14,012	17,010	13,436
Long-Term Debt	35,852	29,061	31,308	28,909	32,333
Other Long-Term Liabilities	5,766	5,257	6,564	7,087	8,377
Total Long-Term Liabilities	41,618	34,318	37,872	35,996	40,710
Total Liabilities	56,807	47,650	51,884	53,006	54,146
Common Stock	445	444	442	441	439
Treasury Stock	-22,309	-19,226	-15,133	-12,017	-8,922
Additional Paid-in Capital	18,563	17,962	17,286	16,743	16,174
Accumulated Other Comprehensive Income	-2,448	-2,697	-3,224	-3,099	-2,329
Retained Earnings	59,156	53,102	47,364	41,910	35,431
Total Common Shareholders' Equity	53,407	49,584	46,735	43,978	40,793
Minority Interest	129	87	107	170	184
Shareholders' Equity	53,537	49,671	46,842	44,148	40,977
Total Liabilities & Equity	110,343	97,321	98,726	97,154	95,123
Total Debt	39,385	31,275	34,917	34,488	34,870
Net Cash (Debt)	-29,280	-25,705	-26,837	-25,964	-30,393
Net Cash Per Share	-77.46	-67.11	-69.17	-65.90	-76.56
Book Value	53,407	49,584	46,735	43,978	40,793
Book Value Per Share	141.29	129.46	120.45	111.62	102.75
Tangible Book Value	-11,793	-11,802	-13,955	-14,660	-21,244
Tangible Book Value Per Share	-31.20	-30.81	-35.97	-37.21	-53.51

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.