Thermo Fisher Scientific (TMO) Net Income (2009 - 2026)
Thermo Fisher Scientific (TMO) reported Net Income of $1.74 billion for Q2 2026, up 7.6% from $1.62 billion a year earlier and up 5.1% from the prior quarter.
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Analysis
Thermo Fisher Scientific (TMO) Net Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 27, 2026, Thermo Fisher Scientific's Net Income came in at $6.99 billion, up 6.2% year-over-year; for FY2025, it was $6.72 billion, up 6.0% from FY2024.
- Net Income has a five-year compound annual growth rate of 1.1% (FY2020 to FY2025).
- By year, Net Income came in at $6.34 billion in FY2024 (+6.4%), $5.96 billion in FY2023 (-14.4%), $6.96 billion in FY2022 (-9.9%) and $7.73 billion in FY2021 (+21.2%).
- Five-year quarterly Net Income spans a low of $1.29 billion in Q1 2023 and a high of $2.22 billion in Q1 2022.
- Year over year, Net Income has now increased in each of the last three quarters, with growth averaging 6.5% over the last eight quarters.
- The high point for year-over-year Net Income in five years was Q2 2024 (growth of 14.0%); the low point was Q1 2023 (a decline of 41.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.66 billion (Q1 2026), $1.97 billion (Q4 2025) and $1.62 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 1.74 Bn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 928.00 Mn |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 870.00 Mn |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 823.20 Mn |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 1.48 Bn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 1.28 Bn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 905.00 Mn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 377.00 Mn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 241.90 Mn |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 362.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 1.74 Bn |
| Mar 28, 2026 | 1.66 Bn |
| Dec 31, 2025 | 1.97 Bn |
| Sep 27, 2025 | 1.62 Bn |
| Jun 28, 2025 | 1.62 Bn |
| Mar 29, 2025 | 1.51 Bn |
| Dec 31, 2024 | 1.82 Bn |
| Sep 28, 2024 | 1.63 Bn |
| Jun 29, 2024 | 1.55 Bn |
| Mar 30, 2024 | 1.33 Bn |
| Dec 31, 2023 | 1.65 Bn |
| Sep 30, 2023 | 1.70 Bn |
| Jul 1, 2023 | 1.36 Bn |
| Apr 1, 2023 | 1.29 Bn |
| Dec 31, 2022 | 1.57 Bn |
| Oct 1, 2022 | 1.50 Bn |
| Jul 2, 2022 | 1.67 Bn |
| Apr 2, 2022 | 2.22 Bn |
| Dec 31, 2021 | 1.66 Bn |
| Oct 2, 2021 | 1.90 Bn |
API Access
Thermo Fisher Scientific Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "TMO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();