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
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