Thermo Fisher Scientific TMO Revenue Breakdown

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As of: Sep 17, 2026 · 3:59 PM EDT
Annual revenue breakdowns for Thermo Fisher Scientific Inc., fiscal 2009 to 2025, as reported in its filings.
Annual history

Thermo Fisher Scientific Inc. Revenue by Geography

Years FY 2009–2025
Lines 4
FY 2025 Total $43.84B

Other was the largest of Thermo Fisher Scientific Inc.’s 4 reported lines in fiscal 2025, at $22.32B — 51% of $43.84B.

Thermo Fisher Scientific Inc. revenue by geography, fiscal 2009 to 2025
Geography FY 2009 FY 2010 FY 2012 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Other $22.32B
Europe $10.76B $10.74B $11.83B
Asia-Pacific $8.12B $7.87B $7.96B $8.10B
Other Regions $1.44B $1.48B $1.56B $1.60B
Total $44.92B $42.86B $31.27B $43.84B
Totals include 6 discontinued lines from earlier reporting.

Thermo Fisher Scientific Inc. revenue by geography: what the figures show

In fiscal 2025, which ended December 31, 2025, the 4 regions Thermo Fisher Scientific Inc. reported in this breakdown added up to $43.84B. The regions reported changed from fiscal 2024, so the total is not directly comparable with the $31.27B reported that year. Other was the largest region, at $22.32B or 50.9% of the total, followed by Europe ($11.83B, 27.0%) and Asia-Pacific ($8.10B, 18.5%). Together, the two largest regions made up 77.9% of this total.

Compared with fiscal 2024, Other Regions grew the fastest, rising 2.3% to $1.60B. Because regions were added or dropped between the two years, part of this reflects how Thermo Fisher Scientific Inc. regrouped its reporting.

Other was first reported as a separate region in fiscal 2025. The table also keeps 6 regions that Thermo Fisher Scientific Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 6 discontinued" beneath the table to see them. This breakdown covers 11 fiscal years between 2009 and 2025, as reported in Thermo Fisher Scientific Inc.'s annual filings.

Annual history

Thermo Fisher Scientific Inc. Revenue by Product and Service

Years FY 2016–2025
Lines 3
FY 2025 Total $44.56B

Consumables was the largest of Thermo Fisher Scientific Inc.’s 3 reported lines in fiscal 2025, at $18.66B — 42% of $44.56B.

Thermo Fisher Scientific Inc. revenue by product and service, fiscal 2016 to 2025
Product and Service FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Consumables $20.62B $17.60B $17.59B $18.66B
Service Revenues $16.37B $17.61B $17.85B $18.59B
Instruments $7.92B $7.65B $7.45B $7.30B
Total $44.92B $42.86B $42.88B $44.56B
Totals include 2 discontinued lines from earlier reporting.

Thermo Fisher Scientific Inc. revenue by product and service: what the figures show

In fiscal 2025, which ended December 31, 2025, the 3 revenue lines Thermo Fisher Scientific Inc. reported in this breakdown added up to $44.56B. That was up 3.9% from $42.88B in fiscal 2024. Consumables was the largest revenue line, at $18.66B or 41.9% of the total, followed by Service Revenues ($18.59B, 41.7%) and Instruments ($7.30B, 16.4%). Together, the two largest revenue lines made up 83.6% of this total.

Compared with fiscal 2024, Consumables grew the fastest, rising 6.1% to $18.66B. Instruments fell the most, down 1.9% to $7.30B. Over fiscal 2022 to 2025, revenue across these revenue lines went from $44.92B to $44.56B, a compound annual decline of 0.3%. Consumables' share of the total fell from 45.9% to 41.9% over the same years.

The table also keeps 2 revenue lines that Thermo Fisher Scientific Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 2 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2016 to 2025, as reported in Thermo Fisher Scientific Inc.'s annual filings.

Annual history

Thermo Fisher Scientific Inc. Revenue by Subsegments

Years FY 2024
Lines 13
FY 2024 Total $31.08B

Pharma Services was the largest of Thermo Fisher Scientific Inc.’s 13 reported lines in fiscal 2024, at $6.69B — 22% of $31.08B.

Thermo Fisher Scientific Inc. revenue by subsegments, fiscal 2024 to 2024
Subsegments FY 2024
Pharma Services $6.69B
Biosciences $4.19B
Chromatography & Mass Spectrometry $3.28B
Electron Microscopy $2.87B
Genetic Sciences $2.79B
Bioproduction $2.65B
Laboratory Products $2.53B
Healthcare Market Channel $1.76B
Chemical Analysis $1.32B
Clinical Diagnostics $1.06B
Immunodiagnostics $864.00M
Microbiology $633.00M
Transplant Diagnostics $454.00M
Total $31.08B

Thermo Fisher Scientific Inc. revenue by subsegments: what the figures show

In fiscal 2024, which ended December 31, 2024, the 13 segments Thermo Fisher Scientific Inc. reported in this breakdown added up to $31.08B. Pharma Services was the largest segment, at $6.69B or 21.5% of the total, followed by Biosciences ($4.19B, 13.5%) and Chromatography & Mass Spectrometry ($3.28B, 10.5%). Together, the two largest segments made up 35.0% of this total.

This breakdown covers every fiscal year from 2024 to 2024, as reported in Thermo Fisher Scientific Inc.'s annual filings.

Questions

Thermo Fisher Scientific Inc. Revenue Breakdown FAQ

How does Thermo Fisher Scientific Inc. make money?

Thermo Fisher Scientific Inc. (TMO) breaks its revenue down by region, revenue line and segment. In fiscal 2025, its largest region was Other, with $22.32B or 50.9% of the total, followed by Europe at $11.83B (27.0%).

What is Thermo Fisher Scientific Inc.'s largest region?

Other was Thermo Fisher Scientific Inc.'s largest region in fiscal 2025, with $22.32B in revenue, 50.9% of the $43.84B reported across its 4 regions.

What is Thermo Fisher Scientific Inc.'s largest revenue line?

Consumables was Thermo Fisher Scientific Inc.'s largest revenue line in fiscal 2025, with $18.66B in revenue, 41.9% of the $44.56B reported across its 3 revenue lines.

What is Thermo Fisher Scientific Inc.'s largest segment?

Pharma Services was Thermo Fisher Scientific Inc.'s largest segment in fiscal 2024, with $6.69B in revenue, 21.5% of the $31.08B reported across its 13 segments.

Which Thermo Fisher Scientific Inc. revenue line is growing the fastest?

Of the Thermo Fisher Scientific Inc. revenue lines reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Consumables grew the fastest, rising 6.1% from $17.59B to $18.66B.

Where does this revenue breakdown data come from?

Every figure is taken from Thermo Fisher Scientific Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.

How far back does Thermo Fisher Scientific Inc.'s revenue breakdown go?

The breakdown by region covers fiscal 2009 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.