Income Statement
THERMO FISHER SCIENTIFIC INC.
TMO
Performance Overview
Click any row in the table to add it to this chart
in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY | Dec 31, 2019 2019 FY | Dec 31, 2018 2018 FY | Dec 31, 2017 2017 FY | Dec 31, 2016 2016 FY | Dec 31, 2015 2015 FY | Dec 31, 2014 2014 FY | Dec 31, 2013 2013 FY | Dec 31, 2012 2012 FY | Dec 31, 2011 2011 FY | Dec 31, 2010 2010 FY | Dec 31, 2009 2009 FY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue
|
46,589.00 | 44,764.00 | 42,857.00 | 44,915.00 | 39,211.00 | 32,218.00 | 25,542.00 | 24,358.00 | 20,918.00 | 18,274.10 | 16,965.40 | 16,889.60 | 13,090.30 | 12,509.90 | 11,725.90 | 10,788.70 | 10,109.70 |
|
Cost of Revenue
|
13,405.00 | 12,654.00 | 13,168.00 | 14,247.00 | 13,594.00 | 11,407.00 | 10,037.00 | 9,682.00 | - | - | - | - | - | - | - | - | - |
|
Gross Profit
|
33,184.00 | 32,110.00 | 29,689.00 | 30,668.00 | 25,617.00 | 20,811.00 | 15,505.00 | 14,676.00 | 20,918.00 | 18,274.10 | 16,965.40 | 16,889.60 | 13,090.30 | 12,509.90 | 11,725.90 | 10,788.70 | 10,109.70 |
|
Operating Expenses
|
10,129.00 | 9,985.00 | 9,782.00 | 10,464.00 | 9,413.00 | 8,111.00 | 7,147.00 | 7,024.00 | 6,380.00 | 5,730.70 | 5,304.40 | 5,587.20 | 3,841.80 | 3,731.30 | 3,126.50 | 2,826.20 | 2,668.90 |
|
Research & Development
|
1,397.00 | 1,390.00 | 1,337.00 | 1,471.00 | 1,406.00 | 1,181.00 | 1,003.00 | 967.00 | 888.00 | 754.80 | 692.30 | 691.10 | 395.50 | 376.40 | - | - | - |
|
Selling, General & Administrative
|
8,732.00 | 8,595.00 | 8,445.00 | 8,993.00 | 8,007.00 | 6,930.00 | 6,144.00 | 6,057.00 | 5,492.00 | 4,975.90 | 4,612.10 | 4,896.10 | 3,446.30 | 3,354.90 | 3,126.50 | 2,826.20 | 2,668.90 |
|
Other Operating Expenses
|
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
|
Operating Income
|
23,055.00 | 22,125.00 | 19,907.00 | 20,204.00 | 16,204.00 | 12,700.00 | 8,358.00 | 7,652.00 | 14,538.00 | 12,543.40 | 11,661.00 | 11,302.40 | 9,248.50 | 8,778.60 | 8,599.40 | 7,962.50 | 7,440.80 |
|
Non-Operating Income
|
15,747.00 | 15,088.00 | 13,609.00 | 12,369.00 | 7,363.00 | 5,475.00 | 4,288.00 | 4,390.00 | 12,109.00 | 10,519.50 | 9,724.60 | 9,215.20 | 7,929.00 | 7,509.20 | 7,472.80 | - | - |
|
Interest Income
|
993.00 | 1,078.00 | 879.00 | 272.00 | 43.00 | 65.00 | 224.00 | 137.00 | 81.00 | 48.40 | 30.60 | 47.70 | 28.00 | 25.20 | 26.90 | 12.50 | - |
|
Interest Expense
|
- | - | 1,375.00 | 726.00 | 536.00 | 553.00 | 676.00 | 667.00 | 592.00 | 469.60 | 414.90 | 479.90 | 262.10 | 241.60 | 175.30 | 84.70 | - |
|
Other Non-Op Income / Expense
|
-12.00 | 12.00 | -65.00 | -104.00 | -694.00 | -81.00 | -72.00 | 9.00 | -28.00 | -4.10 | -15.50 | 16.40 | -56.00 | 3.70 | 29.80 | -29.30 | - |
|
Income Before Tax
|
7,308.00 | 7,037.00 | 6,298.00 | 7,835.00 | 8,841.00 | 7,225.00 | 4,070.00 | 3,262.00 | 2,429.00 | 2,023.90 | 1,936.40 | 2,087.20 | 1,319.50 | 1,269.40 | 1,126.60 | - | - |
|
Income Tax Expense
|
604.00 | 657.00 | 284.00 | 703.00 | 1,109.00 | 850.00 | 374.00 | 324.00 | -65.00 | -1.40 | -43.90 | -13.30 | 46.20 | 91.50 | -203.30 | 131.50 | 75.80 |
|
Non-Controlling Interest
|
17.00 | 3.00 | -40.00 | 10.00 | 3.00 | - | - | - | - | - | - | - | - | - | - | - | - |
|
Net Income
|
6,704.00 | 6,338.00 | 5,955.00 | 6,960.00 | 7,728.00 | - | - | - | - | - | - | - | 1,273.30 | 1,177.90 | 1,329.90 | 1,035.60 | 850.30 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY | Dec 31, 2019 2019 FY | Dec 31, 2018 2018 FY | Dec 31, 2017 2017 FY | Dec 31, 2016 2016 FY | Dec 31, 2015 2015 FY | Dec 31, 2014 2014 FY | Dec 31, 2013 2013 FY | Dec 31, 2012 2012 FY | Dec 31, 2011 2011 FY | Dec 31, 2010 2010 FY | Dec 31, 2009 2009 FY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
|
EBITDA
|
23,055.00 | 22,125.00 | 19,907.00 | 20,204.00 | 16,204.00 | 12,700.00 | 8,358.00 | 9,919.00 | 16,571.00 | 14,301.40 | 13,349.20 | 12,987.20 | 10,248.40 | 9,762.30 | 9,462.90 | 8,732.50 | 8,228.10 |
|
Earnings Per Share (Basic)
|
17.77 | 16.58 | 15.52 | 17.75 | 19.62 | 16.09 | 9.24 | 7.31 | 5.64 | 5.12 | 4.96 | 4.76 | 3.53 | 3.24 | 3.49 | 2.57 | 2.06 |
|
Diluted EPS
|
17.74 | 16.53 | 15.45 | 17.63 | 19.46 | 15.96 | 9.17 | 7.24 | 5.59 | 5.09 | 4.92 | 4.71 | 3.48 | 3.21 | 3.46 | 2.53 | 2.01 |
|
Weighted Average Shares
|
377.00 | 382.00 | 386.00 | 392.00 | 394.00 | 396.00 | 400.00 | 402.00 | 395.00 | 394.80 | 398.70 | 398.20 | 360.30 | 363.80 | 380.80 | 403.30 | 412.40 |
|
Diluted Weighted Avg Shares
|
378.00 | 383.00 | 388.00 | 394.00 | 397.00 | 399.00 | 403.00 | 406.00 | 398.00 | 397.40 | 401.90 | 402.30 | 365.80 | 366.60 | 384.80 | 409.40 | 422.80 |
|
Comprehensive Income
|
6,953.00 | 6,862.00 | 5,870.00 | 6,180.00 | 8,204.00 | 6,247.00 | 3,515.00 | 2,531.00 | 2,858.00 | 1,382.80 | 1,263.10 | 686.60 | 1,346.50 | 1,427.00 | 886.80 | 987.20 | 1,088.10 |