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Thermo Fisher Scientific's Revenue (2016 - 2025)

  • Thermo Fisher Scientific's annual revenue was $44.56 B in fiscal year 2025. The annual revenue increased $1.68 B from $42.88 B (in 2024) to $44.56 B (in 2025), representing a 3.91% year-over-year growth.

  • Thermo Fisher Scientific's quarterly revenue was $11.01 B in the quarter ending Mar 2026. The quarterly revenue increased $641.00 M from $10.36 B (in Q1: Dec 2025) to $11.01 B (in Q1: Dec 2026), representing a 6.18% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
  • The highest annual revenue for Thermo Fisher Scientific was $44.92 B in fiscal year 2022.
  • The lowest annual revenue was $18.27 B in fiscal year 2016.
  • The average revenue was $33.57 B.

    • Learn more about Thermo Fisher Scientific's Revenue by Segment and Revenue by Region.

    Check out competitors to Thermo Fisher Scientific in a side-by-side comparison.

    Explore additional financial metrics for Thermo Fisher Scientific.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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Thermo Fisher Scientific's Revenue Trend

2025

Thermo Fisher Scientific's annual revenue was $44.56 B in fiscal year 2025.

Thermo Fisher Scientific's quarterly revenue was $10.36 B(Q1: Mar 2025), $10.86 B(Q2: Jun 2025), $11.12 B(Q3: Sep 2025), $12.22 B(Q4: Dec 2025) in fiscal year 2025.

2024

Thermo Fisher Scientific's annual revenue was $42.88 B in fiscal year 2024.

Thermo Fisher Scientific's quarterly revenue was $10.35 B(Q1: Mar 2024), $10.54 B(Q2: Jun 2024), $10.60 B(Q3: Sep 2024), $11.40 B(Q4: Dec 2024) in fiscal year 2024.

2023

Thermo Fisher Scientific's annual revenue was $42.86 B in fiscal year 2023.

Thermo Fisher Scientific's quarterly revenue was $10.71 B(Q1: Apr 2023), $10.69 B(Q2: Jul 2023), $10.57 B(Q3: Sep 2023), $10.89 B(Q4: Dec 2023) in fiscal year 2023.

2022

Thermo Fisher Scientific's annual revenue was $44.92 B in fiscal year 2022.

Thermo Fisher Scientific's quarterly revenue was $11.82 B(Q1: Apr 2022), $10.97 B(Q2: Jul 2022), $10.68 B(Q3: Oct 2022), $11.45 B(Q4: Dec 2022) in fiscal year 2022.

2021

Thermo Fisher Scientific's annual revenue was $39.21 B in fiscal year 2021.

Thermo Fisher Scientific's quarterly revenue was $9.91 B(Q1: Apr 2021), $9.27 B(Q2: Jul 2021), $9.33 B(Q3: Oct 2021), $10.70 B(Q4: Dec 2021) in fiscal year 2021.

2020

Thermo Fisher Scientific's annual revenue was $32.22 B in fiscal year 2020.

Thermo Fisher Scientific's quarterly revenue was $6.23 B(Q1: Mar 2020), $6.92 B(Q2: Jun 2020), $8.52 B(Q3: Sep 2020), $10.55 B(Q4: Dec 2020) in fiscal year 2020.

2019

Thermo Fisher Scientific's annual revenue was $25.54 B in fiscal year 2019.

Thermo Fisher Scientific's quarterly revenue was $6.13 B(Q1: Mar 2019), $6.32 B(Q2: Jun 2019), $6.27 B(Q3: Sep 2019), $6.83 B(Q4: Dec 2019) in fiscal year 2019.

2018

Thermo Fisher Scientific's annual revenue was $24.36 B in fiscal year 2018.

Thermo Fisher Scientific's quarterly revenue was $5.85 B(Q1: Mar 2018), $6.08 B(Q2: Jun 2018), $5.92 B(Q3: Sep 2018), $6.51 B(Q4: Dec 2018) in fiscal year 2018.

2017

Thermo Fisher Scientific's annual revenue was $20.92 B in fiscal year 2017.

Thermo Fisher Scientific's quarterly revenue was $4.77 B(Q1: Apr 2017), $4.99 B(Q2: Jul 2017), $5.12 B(Q3: Sep 2017), $6.05 B(Q4: Dec 2017) in fiscal year 2017.

2016

Thermo Fisher Scientific's annual revenue was $18.27 B in fiscal year 2016.

Thermo Fisher Scientific's quarterly revenue was $4.29 B(Q1: Apr 2016), $4.54 B(Q2: Jul 2016), $4.49 B(Q3: Oct 2016), $4.95 B(Q4: Dec 2016) in fiscal year 2016.

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Thermo Fisher Scientific's Revenue (Year-over-Year Change)

2015 0
2016 +7.71
2017 +14.47
2018 +16.45
2019 +4.86
2020 +26.14
2021 +21.71
2022 +14.55
2023 -4.58
2024 +0.05
2025 +3.91

2025

Thermo Fisher Scientific’s annual revenue increased +3.91% during fiscal year 2025 compared to 2024. It represents a growth of $1.68 B from $42.88 B (in 2024) to $44.56 B (in 2025).

2024

Thermo Fisher Scientific’s annual revenue increased +0.05% during fiscal year 2024 compared to 2023. It represents a growth of $22.00 M from $42.86 B (in 2023) to $42.88 B (in 2024).

2023

Thermo Fisher Scientific’s annual revenue decreased -4.58% during fiscal year 2023 compared to 2022. It represents a decline of $2.06 B from $44.92 B (in 2022) to $42.86 B (in 2023).

2022

Thermo Fisher Scientific’s annual revenue increased +14.55% during fiscal year 2022 compared to 2021. It represents a growth of $5.70 B from $39.21 B (in 2021) to $44.92 B (in 2022).

2021

Thermo Fisher Scientific’s annual revenue increased +21.71% during fiscal year 2021 compared to 2020. It represents a growth of $6.99 B from $32.22 B (in 2020) to $39.21 B (in 2021).

2020

Thermo Fisher Scientific’s annual revenue increased +26.14% during fiscal year 2020 compared to 2019. It represents a growth of $6.68 B from $25.54 B (in 2019) to $32.22 B (in 2020).

2019

Thermo Fisher Scientific’s annual revenue increased +4.86% during fiscal year 2019 compared to 2018. It represents a growth of $1.18 B from $24.36 B (in 2018) to $25.54 B (in 2019).

2018

Thermo Fisher Scientific’s annual revenue increased +16.45% during fiscal year 2018 compared to 2017. It represents a growth of $3.44 B from $20.92 B (in 2017) to $24.36 B (in 2018).

2017

Thermo Fisher Scientific’s annual revenue increased +14.47% during fiscal year 2017 compared to 2016. It represents a growth of $2.64 B from $18.27 B (in 2016) to $20.92 B (in 2017).

2016

Thermo Fisher Scientific’s annual revenue increased +7.71% during fiscal year 2016 compared to 2015. It represents a growth of $1.31 B from $16.97 B (in 2015) to $18.27 B (in 2016).

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Thermo Fisher Scientific Revenue History

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Period Revenue Year-over-Year Change
FY 2025
$44.56 B $1.68 B 3.91%
Q4: Dec 25 $12.22 B $820.00 M 7.2%
Q3: Sep 25 $11.12 B $524.00 M 4.94%
Q2: Jun 25 $10.86 B $314.00 M 2.98%
Q1: Mar 25 $10.36 B $19.00 M 0.18%
FY 2024
$42.88 B $22.00 M 0.05%
Q4: Dec 24 $11.40 B $509.00 M 4.68%
Q3: Sep 24 $10.60 B $24.00 M 0.23%
Q2: Jun 24 $10.54 B -$146.00 M 1.37%
Q1: Mar 24 $10.35 B -$365.00 M 3.41%
FY 2023
$42.86 B -$2.06 B 4.58%
Q4: Dec 23 $10.89 B -$564.00 M 4.93%
Q3: Sep 23 $10.57 B -$103.00 M 0.96%
Q2: Jul 23 $10.69 B -$283.00 M 2.58%
Q1: Apr 23 $10.71 B -$1.11 B 9.38%
FY 2022
$44.92 B $5.70 B 14.55%
Q4: Dec 22 $11.45 B $748.00 M 6.99%
Q3: Oct 22 $10.68 B $1.35 B 14.44%
Q2: Jul 22 $10.97 B $1.70 B 18.3%
Q1: Apr 22 $11.82 B $1.91 B 19.3%
FY 2021
$39.21 B $6.99 B 21.71%
Q4: Dec 21 $10.70 B $152.00 M 1.44%
Q3: Oct 21 $9.33 B $809.00 M 9.49%
Q2: Jul 21 $9.27 B $2.36 B 34.06%
Q1: Apr 21 $9.91 B $3.68 B 59%
FY 2020
$32.22 B $6.68 B 26.14%
Q4: Dec 20 $10.55 B $3.72 B 54.49%
Q3: Sep 20 $8.52 B $2.25 B 35.86%
Q2: Jun 20 $6.92 B $601.00 M 9.52%
Q1: Mar 20 $6.23 B $105.00 M 1.71%
FY 2019
$25.54 B $1.18 B 4.86%
Q4: Dec 19 $6.83 B $322.00 M 4.95%
Q3: Sep 19 $6.27 B $352.00 M 5.95%
Q2: Jun 19 $6.32 B $238.00 M 3.92%
Q1: Mar 19 $6.13 B $272.00 M 4.65%
FY 2018
$24.36 B $3.44 B 16.45%
Q4: Dec 18 $6.51 B $460.00 M 7.61%
Q3: Sep 18 $5.92 B $803.80 M 15.71%
Q2: Jun 18 $6.08 B $1.09 B 21.8%
Q1: Mar 18 $5.85 B $1.09 B 22.83%
FY 2017
$20.92 B $2.64 B 14.47%
Q4: Dec 17 $6.05 B $1.09 B 22.08%
Q3: Sep 17 $5.12 B $625.30 M 13.92%
Q2: Jul 17 $4.99 B $454.80 M 10.03%
Q1: Apr 17 $4.77 B $470.20 M 10.95%
FY 2016
$18.27 B $1.31 B 7.71%
Q4: Dec 16 $4.95 B $300.70 M 6.46%
Q3: Oct 16 $4.49 B $367.70 M 8.92%
Q2: Jul 16 $4.54 B $264.30 M 6.19%
Q1: Apr 16 $4.29 B $376.00 M 9.59%

Frequently Asked Questions

What is the annual revenue of Thermo Fisher Scientific?

In fiscal year 2025, Thermo Fisher Scientific's revenue was $44.56 Billion.

How much did Thermo Fisher Scientific's revenue change in the last year?

Thermo Fisher Scientific's revenue increased by +3.91% (+$1.68 Billion) in 2025 compared to 2024.

What is Thermo Fisher Scientific's most recent quarterly revenue?

In the first quarter (Q1) of 2026, Thermo Fisher Scientific reported a revenue of $11.01 Billion.

What is Thermo Fisher Scientific's revenue per share (TTM)?

Thermo Fisher Scientific's revenue per share over the trailing twelve months is $121.50.

What is Thermo Fisher Scientific's revenue per employee?

In the fiscal year 2025, Thermo Fisher Scientific's revenue per employee was $356.45 K.

What is the annual net income of Thermo Fisher Scientific?

In fiscal year 2025, Thermo Fisher Scientific's net income was $6.74 Billion.

What is Thermo Fisher Scientific's biggest product segment, and what is its revenue?

Consumables is Thermo Fisher Scientific's biggest product segment, generating $18.66 Billion in revenue for fiscal year 2025.

What is Thermo Fisher Scientific's net income per employee?

In the fiscal year 2025, Thermo Fisher Scientific's net income per employee was $53.90 K.

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