Thermo Fisher Scientific (TMO) Gross Margin (2009 - 2026)

Thermo Fisher Scientific (TMO) has reported Gross Margin for 18 consecutive years, with 70.37% the latest figure, recorded in Q1 2026.

• Gross Margin for Q1 2026 came in at 70.37%, up 52.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 71.2% (up 105.0% YoY), and the FY2025 annual result was 71.02%, up 53.0% from the prior year.
• Gross Margin was 70.37% for Q1 2026 at Thermo Fisher Scientific, down from 73.56% in the prior quarter.
• Over five years, Gross Margin peaked at 73.56% in Q4 2025 and troughed at 65.71% in Q4 2023.
• Average Gross Margin over 5 years is 69.94%, with a median of 69.92% recorded in 2022.
• The widest YoY moves for Gross Margin: up 410 bps in 2022, down 6951 bps in 2022.
• Over 5 years, Gross Margin stood at 67.84% in 2022, then decreased by 3 bps to 65.71% in 2023, then advanced by 6 bps to 69.59% in 2024, then rose by 6 bps to 73.56% in 2025, then dropped by 4 bps to 70.37% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 70.37% in Q1 2026, 73.56% in Q4 2025, and 70.16% in Q3 2025.