Thermo Fisher Scientific (TMO) Revenue (2009 - 2026)

Thermo Fisher Scientific (TMO) posted Revenue of $11.0 billion for Q1 2026, down 9.91% quarter-over-quarter from $12.2 billion in Q4 2025, and up 6.18% year-on-year from $10.4 billion in Q1 2025.

Thermo Fisher Scientific (TMO) Revenue (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific (TMO) has reported Revenue for 18 consecutive years, with $11.0 billion the latest figure, recorded in Q1 2026.

  • Revenue for Q1 2026 came in at $11.0 billion, up 6.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $45.2 billion (up 5.36% YoY), and the FY2025 annual result was $44.6 billion, up 3.91% from the prior year.
  • Revenue was $11.0 billion for Q1 2026 at Thermo Fisher Scientific, down from $12.2 billion in the prior quarter.
  • Over five years, Revenue peaked at $12.2 billion in Q4 2025 and troughed at $10.3 billion in Q1 2024.
  • Average Revenue over 5 years is $11.0 billion, with a median of $10.9 billion recorded in 2025.
  • Year-over-year, Revenue gained 19.3% in 2022 and decreased 9.38% in 2023.
  • Over 5 years, Revenue stood at $11.5 billion in 2022, then declined by 4.93% to $10.9 billion in 2023, then rose by 4.68% to $11.4 billion in 2024, then advanced by 7.2% to $12.2 billion in 2025, then dropped by 9.91% to $11.0 billion in 2026.
  • Per Business Quant data, the three most recent Revenue figures were $11.0 billion in Q1 2026, $12.2 billion in Q4 2025, and $11.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 1.27 Bn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 11.01 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 5.95 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 1.14 Bn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 696.64 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 1.84 Bn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 4.15 Bn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 1.09 Bn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 947.13 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 2.90 Bn

Historic Data

Download Data
DateValue
Mar 28, 2026 11.01 Bn
Dec 31, 2025 12.22 Bn
Sep 27, 2025 11.12 Bn
Jun 28, 2025 10.86 Bn
Mar 29, 2025 10.36 Bn
Dec 31, 2024 11.40 Bn
Sep 28, 2024 10.60 Bn
Jun 29, 2024 10.54 Bn
Mar 30, 2024 10.35 Bn
Dec 31, 2023 10.89 Bn
Sep 30, 2023 10.57 Bn
Jul 1, 2023 10.69 Bn
Apr 1, 2023 10.71 Bn
Dec 31, 2022 11.45 Bn
Oct 1, 2022 10.68 Bn
Jul 2, 2022 10.97 Bn
Apr 2, 2022 11.82 Bn
Dec 31, 2021 10.70 Bn
Oct 2, 2021 9.33 Bn
Jul 3, 2021 9.27 Bn