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Thermo Fisher Scientific (TMO) Revenue & Revenue Breakdown

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Thermo Fisher Scientific Revenue Highlights

Latest Revenue (Y)

$44.56B

Latest Revenue (Q)

$11.12B

Main Segment (Y)

Consumables

Main Geography (Y)

UNITED STATES

Thermo Fisher Scientific Revenue by Period

Thermo Fisher Scientific Revenue by Year

DateRevenueChange
2025-12-31$44.56B3.91%
2024-12-31$42.88B0.05%
2023-12-31$42.86B-4.58%
2022-12-31$44.91B14.55%
2021-12-31$39.21B21.71%
2020-12-31$32.22B26.14%
2019-12-31$25.54B4.86%
2018-12-31$24.36B16.45%
2017-12-31$20.92B14.47%
2016-12-31$18.27B7.71%
2015-12-31$16.97B0.45%
2014-12-31$16.89B29.02%
2013-12-31$13.09B4.64%
2012-12-31$12.51B6.69%
2011-12-31$11.73B8.69%
2010-12-31$10.79B6.72%
2009-12-31$10.11B-3.70%
2008-12-31$10.50B7.71%
2007-12-31$9.75B157.05%
2006-12-31$3.79B44.00%
2005-12-31$2.63B19.36%
2004-12-31$2.21B5.19%
2003-12-31$2.10B0.52%
2002-12-31$2.09B-4.65%
2001-12-31$2.19B-4.05%
2000-12-31$2.28B-7.72%
1999-12-31$2.47B-36.11%
1998-12-31$3.87B8.69%
1997-12-31$3.56B21.34%
1996-12-31$2.93B32.85%
1995-12-30$2.21B39.24%
1994-12-31$1.59B26.85%
1994-01-01$1.25B-

Thermo Fisher Scientific generated $44.56B in revenue during NA 2025, up 3.91% compared to the previous quarter, and up 138.30% compared to the same period a year ago.

Thermo Fisher Scientific Revenue by Quarter

DateRevenueChange
2025-09-27$11.12B2.46%
2025-06-28$10.86B4.74%
2025-03-29$10.36B-9.05%
2024-12-31$11.39B7.52%
2024-09-28$10.60B0.54%
2024-06-29$10.54B1.89%
2024-03-30$10.35B-4.97%
2023-12-31$10.89B2.95%
2023-09-30$10.57B-1.06%
2023-07-01$10.69B-0.21%
2023-04-01$10.71B-6.46%
2022-12-31$11.45B7.24%
2022-10-01$10.68B-2.67%
2022-07-02$10.97B-7.18%
2022-04-02$11.82B10.43%
2021-12-31$10.70B14.71%
2021-10-02$9.33B0.61%
2021-07-03$9.27B-6.39%
2021-04-03$9.91B-6.10%
2020-12-31$10.55B23.81%
2020-09-26$8.52B23.19%
2020-06-27$6.92B11.03%
2020-03-28$6.23B-8.77%
2019-12-31$6.83B8.88%
2019-09-28$6.27B-0.70%
2019-06-29$6.32B3.12%
2019-03-30$6.13B-5.87%
2018-12-31$6.51B9.92%
2018-09-29$5.92B-2.60%
2018-06-30$6.08B3.84%
2018-03-31$5.85B-3.21%
2017-12-31$6.05B18.19%
2017-09-30$5.12B2.53%
2017-07-01$4.99B4.72%
2017-04-01$4.76B-3.80%
2016-12-31$4.95B10.29%
2016-10-01$4.49B-0.98%
2016-07-02$4.54B5.60%
2016-04-02$4.29B-7.69%
2015-12-31$4.65B12.84%
2015-09-26$4.12B-3.46%
2015-06-27$4.27B8.98%
2015-03-28$3.92B-12.78%
2014-12-31$4.49B7.70%
2014-09-27$4.17B-3.48%
2014-06-28$4.32B10.72%
2014-03-29$3.90B12.59%
2013-12-31$3.47B8.62%
2013-09-28$3.19B-1.49%
2013-06-29$3.24B1.52%
2013-03-30$3.19B-2.08%
2012-12-31$3.26B5.63%
2012-09-29$3.09B-0.72%
2012-06-30$3.11B0.25%
2012-03-31$3.10B-1.06%
2011-12-31$3.13B5.38%
2011-10-01$2.97B2.63%
2011-07-02$2.90B6.47%
2011-04-02$2.72B-2.15%
2010-12-31$2.78B5.80%
2010-10-02$2.63B-0.77%
2010-07-03$2.65B-0.98%
2010-04-03$2.68B-5.79%
2009-12-31$2.84B12.18%
2009-09-30$2.53B1.89%
2009-06-30$2.48B10.15%
2009-03-31$2.26B-14.78%
2008-12-31$2.65B2.25%
2008-09-27$2.59B-4.48%
2008-06-28$2.71B6.09%
2008-03-29$2.55B-

Thermo Fisher Scientific generated $11.12B in revenue during Q3 2025, up 2.46% compared to the previous quarter, and up 105.51% compared to the same period a year ago.

Thermo Fisher Scientific Revenue Breakdown

Thermo Fisher Scientific Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Service$18.59B$17.84B$17.61B$16.37B$8.85B
Instruments$7.30B$7.45B$7.65B$7.92B$7.75B
Consumables$18.66B$17.59B$17.60B$20.62B$22.61B

Thermo Fisher Scientific's latest annual revenue breakdown by segment (product or service), as of Dec 25: Consumables (41.89%), Service (41.73%), and Instruments (16.39%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jul 23Apr 23Dec 22Oct 22Jul 22Apr 22Dec 21Oct 21Jul 21Apr 21
Consumables$5.03B$4.68B$4.61B$4.35B$4.52B$4.38B$4.36B$4.33B$4.37B$4.29B$4.43B$4.51B$4.87B$4.65B$4.99B$6.11B$5.73B$5.54B$5.37B$5.96B
Instruments$2.22B$1.81B$1.64B$1.63B$2.25B$1.77B$1.80B$1.63B$2.04B$1.87B$1.84B$1.90B$2.08B$1.93B$2.01B$1.91B$2.20B$1.82B$1.84B$1.89B
Service$4.97B$4.63B$4.61B$4.38B$4.63B$4.45B$4.38B$4.39B$4.47B$4.42B$4.42B$4.31B$4.50B$4.09B$3.97B$3.80B$2.77B$1.97B$2.06B$2.05B

Thermo Fisher Scientific's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Consumables (41.14%), Service (40.69%), and Instruments (18.17%).

Thermo Fisher Scientific Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24Dec 23Dec 22Dec 21
Asia Pacific$8.10B$7.96B$7.87B$8.12B$7.22B
UNITED STATES$23.03B$22.50B---
All Other Countries$1.60B$1.56B---
Europe$11.83B$10.86B$10.74B$10.76B$11.13B
North America--$22.76B$24.59B$19.66B
Other Regions--$1.48B$1.44B$1.20B

Thermo Fisher Scientific's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (51.69%), Europe (26.54%), Asia Pacific (18.18%), and All Other Countries (3.58%).

Quarterly Revenue by Country

CountryDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jul 23Apr 23Dec 22Oct 22Jul 22Apr 22Dec 21Oct 21Jul 21Apr 21
All Other Countries$462.00M$415.00M$383.00M$337.00M$439.00M$397.00M$379.00M-------------
Asia Pacific$2.28B$2.01B$1.92B$1.89B$2.20B$1.92B$1.97B$1.86B$2.07B$1.91B$1.90B$1.99B$2.04B$1.97B$2.04B$2.06B$1.92B$1.84B$1.75B$1.71B
Europe$3.37B$3.00B$2.83B$2.62B$2.89B$2.69B$2.66B$2.62B$2.84B$2.64B$2.65B$2.60B$2.75B$2.41B$2.55B$3.05B$3.10B$2.56B$2.69B$2.79B
UNITED STATES$6.11B$5.69B$5.72B$5.51B$5.87B$5.59B$5.53B-------------
North America-------$5.52B$5.60B$5.67B$5.71B$5.78B$6.28B$5.96B$6.03B$6.32B$5.37B$4.66B$4.53B$5.10B
Other Regions-------$346.00M$367.00M$350.00M$417.00M$345.00M$380.00M$338.00M$345.00M$381.00M$314.00M$275.00M$300.00M$311.00M

Thermo Fisher Scientific's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (50.01%), Europe (27.56%), Asia Pacific (18.64%), and All Other Countries (3.78%).

Thermo Fisher Scientific Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
NVONovo Nordisk$232.26B$65.35B
MRKMerck$65.01B$17.28B
AZNAstraZeneca$54.07B$15.19B
NVSNovartis$46.66B$11.83B
TMOThermo Fisher Scientific$44.56B$11.12B
ABTAbbott Laboratories$44.33B$11.37B
AMGNAmgen$36.75B$9.56B
DHRDanaher$24.57B$6.05B
IQVIQVIA$16.31B$4.10B
ISRGIntuitive Surgical$10.06B$2.51B
AAgilent$6.83B$1.80B

TMO Revenue FAQ

What is Thermo Fisher Scientific’s yearly revenue?

Thermo Fisher Scientific's yearly revenue for 2025 was $44.56B, representing an increase of 3.91% compared to 2024. The company's yearly revenue for 2024 was $42.88B, representing an increase of 0.05% compared to 2023. TMO's yearly revenue for 2023 was $42.86B, representing a decrease of -4.58% compared to 2022.

What is Thermo Fisher Scientific’s quarterly revenue?

Thermo Fisher Scientific's quarterly revenue for Q3 2025 was $11.12B, a 2.46% increase from the previous quarter (Q2 2025), and a 4.94% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $10.86B, a 4.74% increase from the previous quarter (Q1 2025), and a 2.98% increase year-over-year (Q2 2024). TMO's quarterly revenue for Q1 2025 was $10.36B, a -9.05% decrease from the previous quarter (Q4 2024), and a 0.18% increase year-over-year (Q1 2024).

What is Thermo Fisher Scientific’s revenue growth rate?

Thermo Fisher Scientific's revenue growth rate for the last 3 years (2023-2025) was 3.96%, and for the last 5 years (2021-2025) was 13.63%.

What are Thermo Fisher Scientific’s revenue streams?

Thermo Fisher Scientific's revenue streams in c 25 are Service, Instruments, and Consumables. Service generated $18.59B in revenue, accounting 41.73% of the company's total revenue, up 4.19% year-over-year. Instruments generated $7.3B in revenue, accounting 16.39% of the company's total revenue, down -1.95% year-over-year. Consumables generated $18.66B in revenue, accounting 41.89% of the company's total revenue, up 6.12% year-over-year.

What is Thermo Fisher Scientific’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Thermo Fisher Scientific was Consumables. This segment made a revenue of $18.66B, representing 41.89% of the company's total revenue.