Thermo Fisher Scientific (TMO) Operating Income (2009 - 2026)
Thermo Fisher Scientific (TMO) posted Operating Income of $1.9 billion for Q1 2026, down 17.38% quarter-over-quarter from $2.3 billion in Q4 2025, and up 8.57% year-on-year from $1.7 billion in Q1 2025.
Thermo Fisher Scientific (TMO) Operating Income (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific (TMO) has reported Operating Income for 18 consecutive years, with $1.9 billion the latest figure, recorded in Q1 2026.
- Operating Income for Q1 2026 came in at $1.9 billion, up 8.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.9 billion (up 6.81% YoY), and the FY2025 annual result was $7.7 billion, up 5.57% from the prior year.
- Operating Income was $1.9 billion for Q1 2026 at Thermo Fisher Scientific, down from $2.3 billion in the prior quarter.
- Over five years, Operating Income peaked at $2.8 billion in Q2 2022 and troughed at $1.6 billion in Q2 2023.
- Average Operating Income over 5 years is $1.9 billion, with a median of $1.9 billion recorded in 2023.
- Year-over-year, Operating Income tumbled 44.59% in 2023 and increased 15.34% in 2024.
- Over 5 years, Operating Income stood at $1.9 billion in 2022, then slipped by 0.38% to $1.9 billion in 2023, then gained by 8.74% to $2.0 billion in 2024, then gained by 11.86% to $2.3 billion in 2025, then slipped by 17.38% to $1.9 billion in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $1.9 billion in Q1 2026, $2.3 billion in Q4 2025, and $1.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -47.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 1.86 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 1.34 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 362.59 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -93.52 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 399.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 514.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 209.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 238.95 Mn |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | 399.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 1.86 Bn |
| Dec 31, 2025 | 2.26 Bn |
| Sep 27, 2025 | 1.94 Bn |
| Jun 28, 2025 | 1.83 Bn |
| Mar 29, 2025 | 1.72 Bn |
| Dec 31, 2024 | 2.02 Bn |
| Sep 28, 2024 | 1.84 Bn |
| Jun 29, 2024 | 1.82 Bn |
| Mar 30, 2024 | 1.66 Bn |
| Dec 31, 2023 | 1.85 Bn |
| Sep 30, 2023 | 1.86 Bn |
| Jul 1, 2023 | 1.58 Bn |
| Apr 1, 2023 | 1.56 Bn |
| Dec 31, 2022 | 1.86 Bn |
| Oct 1, 2022 | 1.71 Bn |
| Jul 2, 2022 | 2.00 Bn |
| Apr 2, 2022 | 2.82 Bn |
| Dec 31, 2021 | 2.54 Bn |
| Oct 2, 2021 | 2.28 Bn |
| Jul 3, 2021 | 2.16 Bn |