Revenue breakdown by Products & Services
Revenue breakdown by Geography

Thermo Fisher Scientific's Revenue by Segment

In fiscal year 2025, Thermo Fisher Scientific's revenue by segment (products & services) are as follows:

  • Consumables: $18.66 B
  • Instruments: $7.30 B
  • Service: $18.59 B

Learn more about Thermo Fisher Scientific’s Revenue by Geography

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

Explore additional financial metrics for Thermo Fisher Scientific.

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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.

The above chart shows Thermo Fisher Scientific's revenue percentage share by segment (products and services).

In fiscal year 2025, Thermo Fisher Scientific's revenue by segment is as follows:

  • Consumables generated $18.66 B in revenue, representing 41.89% of its total revenue.
  • Instruments generated $7.30 B in revenue, representing 16.39% of its total revenue.
  • Service generated $18.59 B in revenue, representing 41.73% of its total revenue.

The biggest segment for Thermo Fisher Scientific is the Consumables, which represents 41.89% of its total revenue.
The smallest segment for Thermo Fisher Scientific is the Instruments, which represents 16.39% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2023 2024 2025
Consumables 41.06% 41.02% 41.89%
Instruments 17.84% 17.37% 16.39%
Service 41.1% 41.62% 41.73%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Thermo Fisher Scientific.

In fiscal year 2025, the Consumables generated the most revenue ($18.66 B), and the Instruments generated the least revenue ($7.30 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Consumables revenue increased 6.12% ($1.08 B) from $17.59 B (in 2024) to $18.66 B (in 2025).
  • Instruments revenue decreased -1.95% ($145.00 M) from $7.45 B (in 2024) to $7.30 B (in 2025).
  • Service revenue increased 4.19% ($747.00 M) from $17.85 B (in 2024) to $18.59 B (in 2025).
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    Summary Table

    Products & Services 2023 2024 2025
    Consumables $17.60 B - $17.59 B
    0.06%
    $18.66 B
    6.12%
    Instruments $7.65 B - $7.45 B
    2.62%
    $7.30 B
    1.95%
    Service $17.61 B - $17.85 B
    1.31%
    $18.59 B
    4.19%
    Total Revenue $42.86 B - $42.88 B
    0.05%
    $44.56 B
    3.92%