Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
468.08
-4.63 (-0.98%)
Mar 18, 2026, 11:50 AM EDT - Market open
Thermo Fisher Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 27, 2025 | Jun '25 Jun 28, 2025 | Mar '25 Mar 29, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 28, 2024 | Jun '24 Jun 29, 2024 | Mar '24 Mar 30, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jul '23 Jul 1, 2023 | Apr '23 Apr 1, 2023 | Dec '22 Dec 31, 2022 | Oct '22 Oct 1, 2022 | Jul '22 Jul 2, 2022 | Apr '22 Apr 2, 2022 | Dec '21 Dec 31, 2021 | Oct '21 Oct 2, 2021 | Jul '21 Jul 3, 2021 | Apr '21 Apr 3, 2021 |
| 12,215 | 11,122 | 10,855 | 10,364 | 11,395 | 10,598 | 10,541 | 10,345 | 10,886 | 10,574 | 10,687 | 10,710 | 11,450 | 10,677 | 10,970 | 11,818 | 10,702 | 9,330 | 9,273 | 9,906 | |
Revenue Growth (YoY) | 7.20% | 4.94% | 2.98% | 0.18% | 4.68% | 0.23% | -1.37% | -3.41% | -4.93% | -0.97% | -2.58% | -9.38% | 6.99% | 14.44% | 18.30% | 19.30% | 1.44% | 9.49% | 34.06% | 59.00% |
Cost of Revenue | 7,143 | 6,539 | 6,446 | 6,129 | 6,492 | 6,270 | 6,194 | 6,140 | 6,390 | 6,258 | 6,436 | 6,570 | 6,715 | 6,375 | 6,371 | 6,354 | 5,302 | 4,679 | 4,749 | 4,697 |
Gross Profit | 5,072 | 4,583 | 4,409 | 4,235 | 4,903 | 4,328 | 4,347 | 4,205 | 4,496 | 4,316 | 4,251 | 4,140 | 4,735 | 4,302 | 4,599 | 5,464 | 5,400 | 4,651 | 4,524 | 5,209 |
Selling, General & Admin | 1,977 | 2,162 | 2,140 | 2,078 | 1,846 | 2,098 | 2,111 | 2,183 | 1,672 | 2,049 | 2,145 | 2,119 | 2,299 | 2,208 | 2,209 | 2,277 | 2,278 | 2,004 | 1,899 | 1,826 |
Depreciation & Amortization Expenses | 436 | - | - | - | 438 | - | - | - | 563 | - | - | - | 592 | - | - | - | 466 | - | - | - |
Research & Development | 356 | 346 | 352 | 342 | 374 | 346 | 339 | 331 | 327 | 319 | 345 | 346 | 391 | 351 | 365 | 364 | 392 | 351 | 343 | 320 |
Other Operating Expenses | 46 | 135 | 82 | 98 | 228 | 45 | 77 | 29 | 80 | 84 | 183 | 112 | 55 | 33 | 24 | 2 | 46 | 18 | 119 | 14 |
Total Operating Expenses | 2,815 | 2,643 | 2,574 | 2,518 | 2,886 | 2,489 | 2,527 | 2,543 | 2,642 | 2,452 | 2,673 | 2,577 | 3,337 | 2,592 | 2,598 | 2,643 | 3,182 | 2,373 | 2,361 | 2,160 |
Operating Income | 2,255 | 1,941 | 1,834 | 1,716 | 2,016 | 1,838 | 1,820 | 1,663 | 1,854 | 1,864 | 1,578 | 1,563 | 1,861 | 1,710 | 2,001 | 2,821 | 2,538 | 2,278 | 2,163 | 3,049 |
Interest Income | 226 | 236 | 299 | 189 | 260 | 263 | 211 | 302 | 308 | 229 | 162 | 121 | 120 | -4 | -15 | -1 | 10 | 6 | 10 | 12 |
Interest Expense | -365 | -347 | -404 | -303 | -317 | -356 | -354 | -363 | -390 | -359 | -326 | -300 | -269 | -173 | -148 | -136 | -161 | -128 | -122 | -125 |
Other Non-Operating Income (Expense) | 6 | -2 | -19 | 3 | 14 | -16 | 5 | 10 | -33 | 14 | - | -46 | 35 | -4 | 28 | -163 | -520 | 18 | -3 | -183 |
Total Non-Operating Income (Expense) | -133 | -113 | -124 | -111 | -43 | -109 | -138 | -51 | -115 | -116 | -164 | -225 | -114 | -181 | -135 | -300 | -671 | -104 | -115 | -296 |
Pretax Income | 2,121 | 1,828 | 1,711 | 1,606 | 1,974 | 1,728 | 1,681 | 1,612 | 1,739 | 1,748 | 1,414 | 1,338 | 1,747 | 1,529 | 1,866 | 2,521 | 1,861 | 2,174 | 2,048 | 2,753 |
Provision for Income Taxes | 153 | 207 | 92 | 95 | 150 | 99 | 128 | 281 | 133 | 53 | 52 | 46 | 173 | 31 | 198 | 301 | 203 | 271 | 219 | 416 |
Net Income | 1,964 | 1,616 | 1,617 | 1,507 | 1,830 | 1,630 | 1,548 | 1,328 | 1,630 | 1,715 | 1,361 | 1,289 | 1,576 | 1,495 | 1,664 | 2,215 | 1,658 | 1,902 | 1,828 | 2,337 |
Minority Interest in Earnings | 6 | 5 | 2 | 4 | -6 | - | 6 | 4 | -24 | -20 | 1 | 3 | -2 | 3 | 4 | 5 | 1 | 1 | 1 | - |
Net Income to Common | 1,964 | 1,616 | 1,617 | 1,507 | 1,830 | 1,630 | 1,548 | 1,328 | 1,630 | 1,715 | 1,361 | 1,289 | 1,576 | 1,495 | 1,664 | 2,215 | 1,658 | 1,902 | 1,828 | 2,337 |
Net Income Growth | 7.32% | -0.86% | 4.46% | 13.48% | 12.27% | -4.96% | 13.74% | 3.03% | 3.43% | 14.72% | -18.21% | -41.81% | -4.95% | -21.40% | -8.97% | -5.22% | -33.68% | -1.60% | 58.13% | 196.57% |
Shares Outstanding (Basic) | 376 | 378 | 378 | 378 | 382 | 382 | 382 | 382 | 387 | 386 | 386 | 386 | 391 | 392 | 392 | 392 | 394 | 394 | 393 | 394 |
Shares Outstanding (Diluted) | 377 | 378 | 378 | 379 | 383 | 384 | 383 | 384 | 388 | 388 | 388 | 388 | 393 | 395 | 394 | 395 | 398 | 397 | 396 | 397 |
Shares Change (YoY) | -1.57% | -1.56% | -1.31% | -1.30% | -1.29% | -1.03% | -1.29% | -1.03% | -1.27% | -1.77% | -1.52% | -1.77% | -1.26% | -0.50% | -0.51% | -0.50% | -0.50% | -0.50% | -0.50% | -0.75% |
EPS (Basic) | 5.22 | 4.28 | 4.28 | 3.99 | 4.79 | 4.26 | 4.05 | 3.47 | 4.22 | 4.44 | 3.53 | 3.34 | 4.03 | 3.82 | 4.25 | 5.66 | 4.20 | 4.83 | 4.65 | 5.93 |
EPS (Diluted) | 5.21 | 4.27 | 4.28 | 3.98 | 4.78 | 4.25 | 4.04 | 3.46 | 4.20 | 4.42 | 3.51 | 3.32 | 4.01 | 3.79 | 4.22 | 5.61 | 4.17 | 4.79 | 4.61 | 5.88 |
EPS Growth | 9.00% | 0.47% | 5.94% | 15.03% | 13.81% | -3.85% | 15.10% | 4.22% | 4.74% | 16.62% | -16.83% | -40.82% | -3.84% | -20.88% | -8.46% | -4.59% | -33.17% | -1.03% | 58.97% | 198.48% |
Free Cash Flow | 2,992 | 1,835 | 1,105 | 361 | 2,810 | 1,894 | 1,659 | 904 | 3,318 | 2,082 | 1,256 | 271 | 2,937 | 1,390 | 1,022 | 1,562 | 1,626 | 2,126 | 1,687 | 1,350 |
Free Cash Flow Growth | 6.48% | -3.12% | -33.39% | -60.07% | -15.31% | -9.03% | 32.09% | 233.58% | 12.97% | 49.78% | 22.90% | -82.65% | 80.63% | -34.62% | -39.42% | 15.70% | -40.94% | -9.22% | 4.33% | 1210.68% |
Free Cash Flow Per Share | 7.94 | 4.85 | 2.92 | 0.95 | 7.34 | 4.93 | 4.33 | 2.35 | 8.55 | 5.37 | 3.24 | 0.70 | 7.47 | 3.52 | 2.59 | 3.95 | 4.09 | 5.36 | 4.26 | 3.40 |
Dividends Per Share | 0.430 | 0.430 | 0.430 | 0.430 | 0.390 | 0.390 | 0.390 | 0.390 | 0.350 | 0.350 | 0.350 | 0.350 | 0.300 | 0.300 | 0.300 | 0.300 | 0.260 | 0.260 | 0.260 | 0.260 |
Dividend Growth | 10.26% | 10.26% | 10.26% | 10.26% | 11.43% | 11.43% | 11.43% | 11.43% | 16.67% | 16.67% | 16.67% | 16.67% | 15.38% | 15.38% | 15.38% | 15.38% | 18.18% | 18.18% | 18.18% | 18.18% |
Gross Margin | 41.52% | 41.21% | 40.62% | 40.86% | 43.03% | 40.84% | 41.24% | 40.65% | 41.30% | 40.82% | 39.78% | 38.66% | 41.35% | 40.29% | 41.92% | 46.23% | 50.46% | 49.85% | 48.79% | 52.58% |
Operating Margin | 18.46% | 17.45% | 16.90% | 16.56% | 17.69% | 17.34% | 17.27% | 16.08% | 17.03% | 17.63% | 14.77% | 14.59% | 16.25% | 16.02% | 18.24% | 23.87% | 23.72% | 24.42% | 23.33% | 30.78% |
Profit Margin | 16.13% | 14.57% | 14.91% | 14.58% | 16.01% | 15.37% | 14.73% | 12.87% | 14.75% | 16.03% | 12.74% | 12.06% | 13.75% | 14.03% | 15.21% | 18.78% | 15.50% | 20.40% | 19.72% | 23.59% |
FCF Margin | 24.49% | 16.50% | 10.18% | 3.48% | 24.66% | 17.87% | 15.74% | 8.74% | 30.48% | 19.69% | 11.75% | 2.53% | 25.65% | 13.02% | 9.32% | 13.22% | 15.19% | 22.79% | 18.19% | 13.63% |
EBITDA | 2,983 | 2,602 | 2,520 | 2,421 | 2,758 | 2,577 | 2,611 | 2,499 | 2,693 | 2,717 | 2,433 | 2,422 | 2,709 | 2,548 | 2,837 | 3,680 | 3,221 | 2,906 | 2,823 | 3,670 |
EBITDA Margin | 24.42% | 23.40% | 23.22% | 23.36% | 24.20% | 24.32% | 24.77% | 24.16% | 24.74% | 25.70% | 22.77% | 22.61% | 23.66% | 23.86% | 25.86% | 31.14% | 30.10% | 31.15% | 30.44% | 37.05% |
EBIT | 2,255 | 1,941 | 1,834 | 1,716 | 2,016 | 1,838 | 1,820 | 1,663 | 1,854 | 1,864 | 1,578 | 1,563 | 1,861 | 1,710 | 2,001 | 2,821 | 2,538 | 2,278 | 2,163 | 3,049 |
EBIT Margin | 18.46% | 17.45% | 16.90% | 16.56% | 17.69% | 17.34% | 17.27% | 16.08% | 17.03% | 17.63% | 14.77% | 14.59% | 16.25% | 16.02% | 18.24% | 23.87% | 23.72% | 24.42% | 23.33% | 30.78% |
Effective Tax Rate | 7.21% | 11.32% | 5.38% | 5.92% | 7.60% | 5.73% | 7.61% | 17.43% | 7.65% | 3.03% | 3.68% | 3.44% | 9.90% | 2.03% | 10.61% | 11.94% | 10.91% | 12.47% | 10.69% | 15.11% |
Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.