Thermo Fisher Scientific (TMO) Revenue (2009 - 2026)
Thermo Fisher Scientific (TMO) recorded quarterly Revenue of $11.0 billion in Q1 2026, down 9.91% on a QoQ basis from $12.2 billion in Q4 2025, and up 6.18% year-over-year from $10.4 billion in Q1 2025.
Thermo Fisher Scientific (TMO) Revenue (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific has disclosed Revenue across 18 years of filings, most recently posting $11.0 billion for Q1 2026.
- Quarterly Revenue rose 6.18% year-over-year to $11.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $45.2 billion (up 5.36% YoY) and the FY2025 annual result came in at $44.6 billion, up 3.91% from the prior year.
- Revenue fell to $11.0 billion in Q1 2026, 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.
- A 5-year average of $11.0 billion and a median of $10.9 billion in 2025 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue increased 19.3% — and 2023, when it fell 9.38%.
- Tracing TMO's Revenue over 5 years: stood at $11.5 billion in 2022, then dropped by 4.93% to $10.9 billion in 2023, then increased by 4.68% to $11.4 billion in 2024, then gained by 7.2% to $12.2 billion in 2025, then slipped by 9.91% to $11.0 billion in 2026.
- Business Quant data shows TMO's Revenue at $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 | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 1.27 Bn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 11.01 Bn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 5.95 Bn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 1.14 Bn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 1.84 Bn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 4.15 Bn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 696.64 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 1.09 Bn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 947.13 Mn |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 2.90 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |