Income Statement - THERMO FISHER SCIENTIFIC INC. (TMO)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 44,556.00 | 42,879.00 | 42,857.00 | 44,915.00 | 39,211.00 | 32,218.00 | 25,542.00 | 24,358.00 | 20,918.00 | 18,274.10 | 16,965.40 | 16,889.60 | 13,090.30 | 12,509.90 | 11,725.90 | 10,788.70 | 10,109.70 | 10,498.00 | 9,746.40 | 3,791.62 |
| Cost of revenue | 27,778.00 | 25,151.00 | 25,295.00 | 25,904.00 | 19,577.00 | 16,191.00 | 14,198.00 | 13,370.00 | 11,239.00 | 9,692.20 | 9,127.40 | 9,004.10 | 7,464.60 | 7,095.60 | 6,692.20 | 6,118.40 | 6,039.40 | 6,255.60 | 5,852.30 | 2,104.67 |
| Gross profit | 16,778.00 | 17,728.00 | 17,562.00 | 19,011.00 | 19,634.00 | 16,027.00 | 11,344.00 | 10,988.00 | 9,679.00 | 8,581.90 | 7,838.00 | 7,885.50 | 5,625.70 | 5,414.30 | 4,866.60 | 4,274.70 | 4,070.30 | 4,242.40 | 3,894.10 | 1,686.95 |
| Total operating expenses | 8,669.00 | 10,066.00 | 10,703.00 | 10,486.00 | 9,316.00 | 8,130.00 | 7,085.00 | 7,116.00 | 6,412.00 | 5,723.00 | 5,343.50 | 5,537.10 | 3,827.00 | 3,785.00 | 3,385.20 | 3,010.20 | 2,952.40 | 2,976.10 | 2,828.30 | 1,321.65 |
| Operating income | 8,109.00 | 7,662.00 | 6,859.00 | 8,525.00 | 10,318.00 | 7,897.00 | 4,259.00 | 3,872.00 | 3,267.00 | 2,858.90 | 2,494.50 | 2,348.40 | 1,798.70 | 1,629.30 | 1,481.40 | 1,264.50 | 1,117.90 | 1,266.30 | 1,065.80 | 365.30 |
| Non-operating income (net) | -842.00 | -667.00 | -561.00 | -862.00 | -1,481.00 | -670.00 | -189.00 | -610.00 | -838.00 | -835.00 | -558.10 | -261.20 | -479.20 | -359.90 | -348.60 | -176.80 | -190.80 | -116.70 | -184.50 | -155.93 |
| Income before tax | 7,267.00 | 6,995.00 | 6,298.00 | 7,663.00 | 8,837.00 | 7,227.00 | 4,070.00 | 3,262.00 | 2,429.00 | 2,023.90 | 1,936.40 | 2,087.20 | 1,319.50 | 1,269.40 | 1,132.80 | 1,087.70 | 927.10 | 1,149.60 | 881.30 | 209.37 |
| Income tax expense | 547.00 | 657.00 | -284.00 | 703.00 | 1,109.00 | 850.00 | 374.00 | 324.00 | 201.00 | -1.40 | -43.90 | 191.70 | 40.40 | 11.00 | 109.40 | 101.60 | 75.80 | 160.90 | 101.70 | 43.05 |
| Net income | 6,737.00 | 6,335.00 | 5,995.00 | 6,950.00 | 7,725.00 | 6,375.00 | 3,696.00 | 2,938.00 | 2,225.00 | 2,021.80 | 1,975.40 | 1,894.40 | 1,273.30 | 1,177.90 | 1,329.90 | 1,035.60 | 850.30 | 994.20 | 761.10 | 168.94 |
Show Quarterly Income Statement
Income Statement - THERMO FISHER SCIENTIFIC INC. (TMO)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 11,005.00 | 12,215.00 | 11,122.00 | 10,855.00 | 10,364.00 | 11,395.00 | 10,598.00 | 10,541.00 | 10,345.00 | 10,886.00 | 10,574.00 | 10,687.00 | 10,710.00 | 11,450.00 | 10,677.00 | 10,970.00 | 11,818.00 | 10,702.00 | 9,330.00 | 9,273.00 | 9,906.00 | 10,550.00 | 8,521.00 | 6,917.00 | 6,230.00 | 6,829.00 | 6,272.00 | 6,316.00 | 6,125.00 | 6,507.00 | 5,920.00 | 6,078.00 | 5,853.00 | 6,047.00 | 5,116.20 | 4,990.00 | 4,765.00 | 4,953.20 | 4,490.90 | 4,535.20 | 4,294.80 | 4,652.50 | 4,123.20 | 4,270.90 | 3,918.80 | 4,492.80 | 4,171.40 | 4,321.90 | 3,903.50 | 3,466.90 | 3,191.80 | 3,240.10 | 3,191.50 | 3,259.30 | 3,085.70 | 3,108.10 | 3,100.30 | 3,133.60 | 2,973.50 | 2,897.40 | 2,721.40 | 2,781.10 | 2,683.50 | 2,649.00 | 2,675.10 | 2,839.40 | 2,531.10 | 2,484.10 | 2,255.10 | 2,646.30 | 2,588.10 | 2,709.60 | 2,554.00 | 2,621.10 | 2,401.20 | 2,385.90 | 2,338.20 | 1,668.90 | 724.96 | 713.47 | 684.29 |
| Cost of revenue | 6,529.00 | 7,579.00 | 6,470.00 | 6,807.00 | 6,119.00 | 6,928.00 | 6,255.00 | 6,197.00 | 6,128.00 | 6,933.00 | 6,242.00 | 6,418.00 | 6,526.00 | 7,293.00 | 6,356.00 | 6,384.00 | 6,334.00 | 5,772.00 | 4,686.00 | 4,738.00 | 4,701.00 | 5,262.00 | 4,187.00 | 3,538.00 | 3,491.00 | 4,098.00 | 3,505.00 | 3,485.00 | 3,414.00 | 3,881.00 | 3,305.00 | 3,337.00 | 3,268.00 | 3,645.30 | 2,767.00 | 2,706.00 | 2,540.20 | 2,609.30 | 2,377.50 | 2,349.40 | 2,235.90 | 2,439.90 | 2,132.20 | 2,222.00 | 1,988.60 | 2,400.90 | 2,127.00 | 2,361.00 | 2,191.80 | 1,931.00 | 1,788.20 | 1,820.90 | 1,799.10 | 1,873.20 | 1,732.30 | 1,733.20 | 1,753.30 | 1,775.80 | 1,702.20 | 1,691.60 | 1,567.70 | 1,619.20 | 1,552.30 | 1,533.20 | 1,544.90 | 1,701.10 | 1,489.30 | 1,465.60 | 1,368.20 | 1,579.30 | 1,555.30 | 1,621.50 | 1,535.60 | 1,581.20 | 1,453.10 | 1,449.30 | 1,458.30 | 1,074.84 | 388.08 | 388.98 | 371.66 |
| Gross profit | 4,476.00 | 4,636.00 | 4,652.00 | 4,048.00 | 4,245.00 | 4,467.00 | 4,343.00 | 4,344.00 | 4,217.00 | 3,953.00 | 4,332.00 | 4,269.00 | 4,184.00 | 4,157.00 | 4,321.00 | 4,586.00 | 5,484.00 | 4,930.00 | 4,644.00 | 4,535.00 | 5,205.00 | 5,288.00 | 4,334.00 | 3,379.00 | 2,739.00 | 2,731.00 | 2,767.00 | 2,831.00 | 2,711.00 | 2,626.00 | 2,615.00 | 2,741.00 | 2,585.00 | 2,401.70 | 2,349.00 | 2,284.00 | 2,224.80 | 2,343.90 | 2,113.40 | 2,185.80 | 2,058.90 | 2,212.60 | 1,991.00 | 2,048.90 | 1,930.20 | 2,091.90 | 2,044.40 | 1,960.90 | 1,711.70 | 1,535.90 | 1,403.60 | 1,419.20 | 1,392.40 | 1,386.10 | 1,353.40 | 1,374.90 | 1,347.00 | 1,357.80 | 1,271.30 | 1,205.80 | 1,153.70 | 1,161.90 | 1,131.20 | 1,115.80 | 1,130.20 | 1,138.30 | 1,041.80 | 1,018.50 | 886.90 | 1,067.00 | 1,032.80 | 1,088.10 | 1,018.40 | 1,039.90 | 948.10 | 936.60 | 879.90 | 594.06 | 336.89 | 324.49 | 312.62 |
| Total operating expenses | 2,613.00 | 2,334.00 | 2,712.00 | 2,131.00 | 2,405.00 | 2,199.00 | 2,427.00 | 2,586.00 | 2,497.00 | 1,962.00 | 2,358.00 | 2,488.00 | 2,480.00 | 2,172.00 | 2,564.00 | 2,645.00 | 2,642.00 | 2,251.00 | 2,296.00 | 2,284.00 | 2,130.00 | 2,152.00 | 1,943.00 | 1,932.00 | 1,790.00 | 1,462.00 | 1,779.00 | 1,775.00 | 1,765.00 | 1,439.00 | 1,734.00 | 1,781.00 | 1,741.00 | 1,392.70 | 1,580.00 | 1,506.00 | 1,515.10 | 1,496.80 | 1,418.80 | 1,512.80 | 1,490.40 | 1,475.00 | 1,412.60 | 1,432.70 | 1,410.90 | 1,419.10 | 1,514.70 | 1,551.90 | 1,418.40 | 1,057.60 | 1,000.10 | 1,022.30 | 983.80 | 955.10 | 986.00 | 982.80 | 977.00 | 982.00 | 944.00 | 900.10 | 816.90 | 796.10 | 802.30 | 795.60 | 819.80 | 790.20 | 753.20 | 749.20 | 683.20 | 724.00 | 731.10 | 763.30 | 723.10 | 737.20 | 685.30 | 685.30 | 680.10 | 535.07 | 256.60 | 247.54 | 241.19 |
| Operating income | 1,863.00 | 2,302.00 | 1,943.00 | 1,917.00 | 1,840.00 | 2,268.00 | 1,916.00 | 1,758.00 | 1,720.00 | 1,991.00 | 1,974.00 | 1,781.00 | 1,704.00 | 1,985.00 | 1,757.00 | 1,941.00 | 2,842.00 | 2,679.00 | 2,348.00 | 2,251.00 | 3,075.00 | 3,136.00 | 2,391.00 | 1,447.00 | 949.00 | 1,269.00 | 988.00 | 1,056.00 | 946.00 | 1,187.00 | 881.00 | 960.00 | 844.00 | 1,009.00 | 769.00 | 778.00 | 709.70 | 847.10 | 694.60 | 637.60 | 517.90 | 690.20 | 562.90 | 595.80 | 487.30 | 639.10 | 640.30 | 348.10 | 875.50 | 455.00 | 392.10 | 375.40 | 387.10 | 400.60 | 352.20 | 367.80 | 354.90 | 342.90 | 315.00 | 265.80 | 321.50 | 341.30 | 318.60 | 312.00 | 293.00 | 324.30 | 275.50 | 259.00 | 190.10 | 322.50 | 286.30 | 330.20 | 290.40 | 285.00 | 254.00 | 243.00 | 192.40 | 26.83 | 75.11 | 72.17 | 67.85 |
| Non-operating income (net) | -129.00 | -179.00 | -115.00 | -206.00 | -234.00 | -294.00 | -188.00 | -77.00 | -108.00 | -252.00 | -226.00 | -367.00 | -366.00 | -238.00 | -228.00 | -75.00 | -321.00 | -818.00 | -175.00 | -204.00 | -322.00 | -243.00 | -139.00 | -194.00 | -121.00 | -231.00 | -166.00 | 337.00 | -129.00 | -175.00 | -71.00 | -154.00 | -210.00 | -189.00 | -289.00 | -152.00 | -206.80 | -195.20 | -266.70 | -116.50 | -94.90 | -107.50 | -94.80 | -92.20 | -105.30 | -102.00 | -101.10 | -111.60 | -101.10 | -77.40 | -73.10 | -95.40 | -44.20 | -57.10 | -55.80 | -49.40 | -49.90 | -35.60 | -50.30 | -10.20 | -22.50 | -23.20 | -15.40 | -36.80 | -24.90 | -43.40 | -28.60 | -26.90 | -22.90 | -22.20 | -22.10 | -22.70 | -12.80 | -27.00 | -18.70 | -20.70 | -26.70 | -19.68 | -5.74 | -3.38 | -3.78 |
| Income before tax | 1,734.00 | 2,123.00 | 1,828.00 | 1,711.00 | 1,606.00 | 1,974.00 | 1,728.00 | 1,681.00 | 1,612.00 | 1,739.00 | 1,748.00 | 1,414.00 | 1,338.00 | 1,747.00 | 1,529.00 | 1,866.00 | 2,521.00 | 1,861.00 | 2,173.00 | 2,047.00 | 2,753.00 | 2,893.00 | 2,252.00 | 1,253.00 | 828.00 | 1,038.00 | 822.00 | 1,393.00 | 817.00 | 1,012.00 | 810.00 | 806.00 | 634.00 | 820.00 | 480.00 | 626.00 | 502.90 | 651.90 | 427.90 | 521.10 | 423.00 | 582.70 | 468.10 | 503.60 | 382.00 | 537.10 | 539.20 | 236.50 | 774.40 | 377.60 | 319.00 | 280.00 | 342.90 | 343.50 | 296.40 | 318.40 | 305.00 | 307.30 | 264.70 | 255.60 | 299.00 | 318.10 | 303.20 | 275.20 | 268.10 | 280.90 | 246.90 | 232.10 | 167.20 | 300.30 | 264.20 | 307.50 | 277.60 | 258.00 | 235.30 | 222.30 | 165.70 | 7.15 | 69.37 | 68.79 | 64.07 |
| Income tax expense | 70.00 | 153.00 | 207.00 | 92.00 | 95.00 | 150.00 | 99.00 | 128.00 | 281.00 | 133.00 | 53.00 | 52.00 | 46.00 | 173.00 | 31.00 | 198.00 | 301.00 | 202.00 | 271.00 | 219.00 | 416.00 | 394.00 | 319.00 | 97.00 | 40.00 | 36.00 | 62.00 | 274.00 | 2.00 | 114.00 | 101.00 | 54.00 | 55.00 | 290.00 | -54.00 | 13.00 | -48.50 | 19.20 | -45.60 | 4.30 | 20.70 | -23.60 | -9.20 | -8.00 | -3.10 | -66.90 | 69.30 | -42.00 | 231.30 | 34.60 | 1.30 | 2.40 | 2.10 | -42.30 | -3.00 | 26.00 | 28.00 | 17.80 | -0.60 | 38.00 | 51.80 | 20.60 | 34.70 | 37.90 | 38.30 | 6.60 | 25.70 | 25.20 | 18.30 | 9.60 | 45.90 | 61.20 | 44.20 | 23.70 | 16.70 | 34.40 | 26.90 | -17.78 | 20.54 | 19.85 | 20.45 |
| Net income | 1,651.00 | 1,975.00 | 1,616.00 | 1,617.00 | 1,507.00 | 1,830.00 | 1,630.00 | 1,548.00 | 1,328.00 | 1,630.00 | 1,715.00 | 1,361.00 | 1,289.00 | 1,576.00 | 1,495.00 | 1,664.00 | 2,215.00 | 1,658.00 | 1,902.00 | 1,828.00 | 2,337.00 | 2,498.00 | 1,933.00 | 1,156.00 | 788.00 | 1,002.00 | 760.00 | 1,119.00 | 815.00 | 898.00 | 709.00 | 752.00 | 579.00 | 528.10 | 534.00 | 612.00 | 551.00 | 629.50 | 473.50 | 516.60 | 402.20 | 602.60 | 476.10 | 511.60 | 385.10 | 601.20 | 471.60 | 278.50 | 543.10 | 342.10 | 317.60 | 277.40 | 336.20 | 376.40 | 290.40 | 233.80 | 277.30 | 288.90 | 265.40 | 523.40 | 252.20 | 297.50 | 268.50 | 237.30 | 232.30 | 273.30 | 221.20 | 206.90 | 148.90 | 290.20 | 218.10 | 249.50 | 233.00 | 239.80 | 218.50 | 163.90 | 138.90 | 25.32 | 48.80 | 47.88 | 46.90 |