Thermo Fisher Scientific Inc. (TMO)

Thermo Fisher Balance Sheet

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

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 31, 2025	Sep 27, 2025	Jun 28, 2025	Mar 29, 2025	Dec 31, 2024	Sep 28, 2024	Jun 29, 2024	Mar 30, 2024	Dec 31, 2023	Sep 30, 2023	Jul 1, 2023	Apr 1, 2023	Dec 31, 2022	Oct 1, 2022	Jul 2, 2022	Apr 2, 2022	Dec 31, 2021	Oct 2, 2021	Jul 3, 2021	Apr 3, 2021
Cash & Equivalents	9,852	1,982	4,576	4,134	4,009	4,645	7,073	5,499	8,077	6,151	3,133	3,482	8,524	2,919	1,888	2,752	4,477	12,027	7,023	5,583
Short-Term Investments	253	1,564	1,814	1,813	1,561	2,000	1,750	1,751	3	-	-	-	-	-	-	-	-	-	-	-
Cash & Short-Term Investments	10,105	3,546	6,390	5,947	5,570	6,645	8,823	7,250	8,080	6,151	3,133	3,482	8,524	2,919	1,888	2,752	4,477	12,027	7,023	5,583
Cash Growth	81.42%	-46.64%	-27.58%	-17.97%	-31.06%	8.03%	181.61%	108.21%	-5.21%	110.72%	65.94%	26.53%	90.40%	-75.73%	-73.12%	-50.71%	-56.64%	59.51%	20.71%	87.29%
Accounts Receivable	8,900	8,911	8,594	8,455	8,191	8,255	7,943	7,931	8,221	8,370	8,019	7,922	8,115	7,671	7,745	7,889	7,977	5,557	5,476	5,554
Inventory	5,425	5,745	5,559	5,224	4,978	5,430	5,198	5,133	5,088	5,404	5,655	5,664	5,634	5,722	5,668	5,483	5,051	4,906	4,625	4,342
Other Current Assets	4,278	4,092	4,040	3,753	3,399	3,452	3,512	3,326	3,200	3,167	3,188	3,141	2,956	2,987	2,799	2,652	2,608	2,234	2,136	2,206
Total Current Assets	28,707	22,295	24,584	23,378	22,137	23,783	25,476	23,640	24,589	23,092	19,995	20,209	25,229	19,299	18,100	18,776	20,113	24,724	19,260	17,685
Net Property, Plant & Equipment	10,565	10,177	9,635	9,331	9,306	9,412	9,282	9,324	9,448	9,167	9,292	9,354	9,280	8,628	8,529	8,448	8,333	7,049	6,560	6,133
Other Intangible Assets	15,838	16,242	15,148	15,323	15,533	16,262	15,519	16,048	16,670	17,091	17,437	17,972	17,442	17,813	18,578	19,378	20,113	11,927	12,390	12,831
Goodwill	49,362	49,287	47,249	46,493	45,853	46,726	43,843	43,843	44,020	43,583	43,273	43,140	41,196	40,488	41,066	41,721	41,924	26,909	26,904	26,823
Other Long-Term Assets	5,871	5,019	4,615	4,516	4,492	4,180	4,377	4,241	3,999	4,124	4,108	3,983	4,007	4,308	4,306	4,424	4,640	2,991	2,584	2,459
Total Assets	110,343	103,020	101,230	99,041	97,321	100,364	98,496	97,095	98,726	97,057	94,105	94,658	97,154	90,536	90,579	92,747	95,123	73,600	67,698	65,931
Accounts Payable	3,622	3,120	2,980	3,049	3,079	2,606	2,547	2,555	2,872	2,508	2,423	2,798	3,381	2,471	2,586	2,667	2,867	2,301	2,098	2,146
Accrued Expenses	5,324	5,093	4,718	4,441	5,187	5,216	4,514	4,299	4,842	4,308	4,285	4,302	5,449	5,070	4,679	4,666	5,377	3,991	3,353	3,449
Short-Term Debt	3,533	3,823	2,214	2,819	2,214	4,116	5,121	4,451	3,609	4,795	4,814	6,122	5,579	1,010	1,010	1,866	2,537	19	4	4
Unearned Revenue	2,710	2,852	2,805	2,866	2,852	2,663	2,591	2,632	2,689	2,547	2,590	2,662	2,601	2,567	2,722	2,871	2,655	1,442	1,470	1,396
Total Current Liabilities	15,189	14,888	12,718	13,174	13,332	14,601	14,772	13,937	14,012	14,158	14,112	15,884	17,010	11,118	10,997	12,070	13,436	7,753	6,925	6,995
Long-Term Debt	35,852	31,857	33,015	31,370	29,061	31,197	30,284	31,157	31,308	30,489	29,194	29,135	28,909	28,150	29,250	31,389	32,333	21,688	18,773	18,641
Other Long-Term Liabilities	5,766	5,120	4,894	1,041	5,257	5,466	5,907	6,378	6,564	6,946	6,884	7,206	7,087	7,541	7,861	8,157	8,377	5,449	5,146	5,237
Total Long-Term Liabilities	41,618	36,977	37,909	32,411	34,318	36,663	36,191	37,535	37,872	37,435	36,078	36,341	35,996	35,691	37,111	39,546	40,710	27,137	23,919	23,878
Total Liabilities	56,807	51,865	50,627	45,585	47,650	51,264	50,963	51,472	51,884	51,593	50,190	52,225	53,006	46,809	48,108	51,616	54,146	34,890	30,844	30,873
Preferred Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	439	-	-
Common Stock	445	445	444	444	444	444	443	443	442	442	441	441	441	440	440	440	439	-	438	438
Treasury Stock	-22,309	-22,310	-21,269	-21,269	-19,226	-18,227	-18,187	-18,186	-15,133	-15,121	-15,084	-15,083	-12,017	-11,011	-10,964	-10,961	-8,922	-8,911	-8,856	-8,852
Additional Paid-in Capital	18,563	18,330	18,232	18,111	17,962	17,831	17,649	17,482	17,286	17,165	17,030	16,889	16,743	16,596	16,467	16,292	16,174	15,960	15,826	15,684
Accumulated Other Comprehensive Income	-2,448	-2,801	-2,797	-2,343	-2,697	-2,477	-2,413	-2,764	-3,224	-3,027	-2,924	-3,054	-3,099	-2,928	-2,724	-2,343	-2,329	-2,654	-2,630	-2,562
Retained Earnings	59,156	57,354	55,901	54,447	53,102	51,421	49,940	48,542	47,364	45,869	44,289	43,064	41,910	40,452	39,074	37,528	35,431	33,876	32,076	30,350
Total Common Shareholders' Equity	53,407	51,018	50,512	49,390	49,584	48,992	47,432	45,516	46,735	45,328	43,752	42,257	43,978	43,549	42,293	40,956	40,793	38,710	36,854	35,058
Minority Interest	129	136	91	95	87	107	103	107	107	136	163	176	170	178	178	175	184	-	-	-
Shareholders' Equity	53,537	51,153	50,602	49,485	49,671	49,099	47,534	45,623	46,842	45,464	43,915	42,433	44,148	43,727	42,471	41,131	40,977	38,710	36,854	35,058
Total Liabilities & Equity	110,343	103,020	101,230	99,041	97,321	100,364	98,496	97,095	98,726	97,057	94,105	94,658	97,154	90,536	90,579	92,747	95,123	73,600	67,698	65,931
Total Debt	39,385	35,680	35,229	34,189	31,275	35,313	35,405	35,608	34,917	35,284	34,008	35,257	34,488	29,160	30,260	33,255	34,870	21,707	18,777	18,645
Net Cash (Debt)	-29,280	-32,134	-28,839	-28,242	-25,705	-28,668	-26,582	-28,358	-26,837	-29,133	-30,875	-31,775	-25,964	-26,241	-28,372	-30,503	-30,393	-9,680	-11,754	-13,062
Net Cash Per Share	-77.67	-85.01	-76.29	-74.52	-67.11	-74.66	-69.41	-73.85	-69.17	-75.08	-79.58	-81.89	-66.07	-66.43	-72.01	-77.22	-76.36	-24.38	-29.68	-32.90
Book Value	53,407	51,018	50,512	49,390	49,584	48,992	47,432	45,516	46,735	45,328	43,752	42,257	43,978	43,549	42,293	40,956	40,793	38,710	36,854	35,058
Book Value Per Share	141.66	134.97	133.63	130.32	129.46	127.58	123.84	118.53	120.45	116.82	112.76	108.91	111.90	110.25	107.34	103.69	102.49	97.51	93.07	88.31
Tangible Book Value	-11,793	-14,511	-11,885	-12,426	-11,802	-13,996	-11,930	-14,375	-13,955	-15,346	-16,958	-18,855	-14,660	-14,752	-17,351	-20,143	-21,244	-126	-2,440	-4,596
Tangible Book Value Per Share	-31.28	-38.39	-31.44	-32.79	-30.81	-36.45	-31.15	-37.43	-35.97	-39.55	-43.71	-48.60	-37.30	-37.35	-44.04	-50.99	-53.38	-0.32	-6.16	-11.58

Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q