Thermo Fisher Scientific's Revenue by Segment
In fiscal year 2024, Thermo Fisher Scientific's revenue by segment (products & services) are as follows:
- Consumables: $17.59 B
- Instruments: $7.45 B
- Service: $17.85 B
Learn more about Thermo Fisher Scientific’s Revenue by Geography
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Explore additional financial metrics for Thermo Fisher Scientific.
| Consumables | 20624000000 |
|---|---|
| Instruments | 7924000000 |
| Service | 16367000000 |
| Consumables | 17597000000 |
|---|---|
| Instruments | 7646000000 |
| Service | 17614000000 |
| Consumables | 17587000000 |
|---|---|
| Instruments | 7446000000 |
| Service | 17845000000 |
The above chart shows Thermo Fisher Scientific's revenue percentage share by segment (products and services).
In fiscal year 2022, Thermo Fisher Scientific's revenue by segment is as follows:
- Consumables generated $20.62 B in revenue, representing 45.92% of its total revenue.
- Instruments generated $7.92 B in revenue, representing 17.64% of its total revenue.
- Service generated $16.37 B in revenue, representing 36.44% of its total revenue.
The biggest segment for Thermo Fisher Scientific is the Consumables, which represents 45.92% of its total revenue.
The smallest segment for Thermo Fisher Scientific is the Instruments, which represents 17.64% of its total revenue.
The above chart shows Thermo Fisher Scientific's revenue percentage share by segment (products and services).
In fiscal year 2023, Thermo Fisher Scientific's revenue by segment is as follows:
- Consumables generated $17.60 B in revenue, representing 41.06% of its total revenue.
- Instruments generated $7.65 B in revenue, representing 17.84% of its total revenue.
- Service generated $17.61 B in revenue, representing 41.1% of its total revenue.
The biggest segment for Thermo Fisher Scientific is the Service, which represents 41.1% of its total revenue.
The smallest segment for Thermo Fisher Scientific is the Instruments, which represents 17.84% of its total revenue.
The above chart shows Thermo Fisher Scientific's revenue percentage share by segment (products and services).
In fiscal year 2024, Thermo Fisher Scientific's revenue by segment is as follows:
- Consumables generated $17.59 B in revenue, representing 41.02% of its total revenue.
- Instruments generated $7.45 B in revenue, representing 17.37% of its total revenue.
- Service generated $17.85 B in revenue, representing 41.62% of its total revenue.
The biggest segment for Thermo Fisher Scientific is the Service, which represents 41.62% of its total revenue.
The smallest segment for Thermo Fisher Scientific is the Instruments, which represents 17.37% of its total revenue.
Summary Table
| Products & Services (Percent Share) | 2022 | 2023 | 2024 |
|---|---|---|---|
| Consumables | 45.92% | 41.06% | 41.02% |
| Instruments | 17.64% | 17.84% | 17.37% |
| Service | 36.44% | 41.1% | 41.62% |
| Total Revenue | 100% | 100% | 100% |
The above chart shows the revenue trend of different segments of Thermo Fisher Scientific.
In fiscal year 2024, the Service generated the most revenue ($17.85 B), and the Instruments generated the least revenue ($7.45 B).
The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.
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