TTM
$18.7B
YoY change
-5.4%
5Y CAGR
+0.9%
Peak year (FY2021)
$19.6B
Cumulative gross profit
$222B
Gross Profit history chart for Thermo Fisher Scientific (TMO) from 2016 to 2025
Latest: $16.8B
Gross Profit growth chart for Thermo Fisher Scientific (TMO) from 2016 to 2025
Latest: -5.4%
Gross Profit history table for Thermo Fisher Scientific (TMO) from 1985 to 2025
| FY2025 | $16.8B | -5.4% | -$950M | ||
| FY2024 | $17.7B | +3.1% | +$534M | ||
| FY2023 | $17.2B | -9.6% | -$1.82B | ||
| FY2022 | $19B | -3.2% | -$623M | ||
| FY2021 | $19.6B | +22.5% | +$3.61B | ||
| FY2020 | $16B | +41.3% | +$4.68B | ||
| FY2019 | $11.3B | +3.2% | +$356M | ||
| FY2018 | $11B | +13.5% | +$1.31B | ||
| FY2017 | $9.68B | +12.8% | +$1.1B | ||
| FY2016 | $8.58B | +9.5% | +$744M | ||
| FY2015 | $7.84B | -0.6% | -$47.5M | ||
| FY2014 | $7.89B | +40.2% | +$2.26B | ||
| FY2013 | $5.63B | +3.9% | +$211M | ||
| FY2012 | $5.41B | +11.3% | +$548M | ||
| FY2011 | $4.87B | +13.8% | +$592M | ||
| FY2010 | $4.27B | +5.0% | +$204M | ||
| FY2009 | $4.07B | -4.1% | -$172M | ||
| FY2008 | $4.24B | +8.9% | +$348M | ||
| FY2007 | $3.89B | +130.8% | +$2.21B | ||
| FY2006 | $1.69B | +36.3% | +$449M | ||
| FY2005 | $1.24B | +21.8% | +$222M | ||
| FY2004 | $1.02B | +7.1% | +$67.6M | ||
| FY2003 | $948M | +2.2% | +$20.6M | ||
| FY2002 | $927M | -3.3% | -$31.2M | ||
| FY2001 | $959M | -6.2% | -$63.2M | ||
| FY2000 | $1.02B | -15.3% | -$184M | ||
| FY1999 | $1.21B | -34.5% | -$637M | ||
| FY1998 | $1.84B | +7.1% | +$122M | ||
| FY1997 | $1.72B | +23.8% | +$331M | ||
| FY1996 | $1.39B | +28.4% | +$307M | ||
| FY1995 | $1.08B | +50.6% | +$364M | ||
| FY1994 | $719M | +34.0% | +$182M | ||
| FY1993 | $537M | +45.3% | +$167M | ||
| FY1992 | $369M | +25.0% | +$73.9M | ||
| FY1991 | $295M | +11.4% | +$30.3M | ||
| FY1990 | $265M | +36.0% | +$70.1M | ||
| FY1989 | $195M | +11.4% | +$20M | ||
| FY1988 | $175M | +29.8% | +$40.2M | ||
| FY1987 | $135M | +19.9% | +$22.4M | ||
| FY1986 | $112M | +22.9% | +$20.9M | ||
| FY1985 | $91.4M | — | — |
- FY2025$16.8B-5.4%
- FY2024$17.7B+3.1%
- FY2023$17.2B-9.6%
- FY2022$19B-3.2%
- FY2021$19.6B+22.5%
- FY2020$16B+41.3%
- FY2019$11.3B+3.2%
- FY2018$11B+13.5%
- FY2017$9.68B+12.8%
- FY2016$8.58B+9.5%
- FY2015$7.84B-0.6%
- FY2014$7.89B+40.2%
- FY2013$5.63B+3.9%
- FY2012$5.41B+11.3%
- FY2011$4.87B+13.8%
- FY2010$4.27B+5.0%
- FY2009$4.07B-4.1%
- FY2008$4.24B+8.9%
- FY2007$3.89B+130.8%
- FY2006$1.69B+36.3%
- FY2005$1.24B+21.8%
- FY2004$1.02B+7.1%
- FY2003$948M+2.2%
- FY2002$927M-3.3%
- FY2001$959M-6.2%
- FY2000$1.02B-15.3%
- FY1999$1.21B-34.5%
- FY1998$1.84B+7.1%
- FY1997$1.72B+23.8%
- FY1996$1.39B+28.4%
- FY1995$1.08B+50.6%
- FY1994$719M+34.0%
- FY1993$537M+45.3%
- FY1992$369M+25.0%
- FY1991$295M+11.4%
- FY1990$265M+36.0%
- FY1989$195M+11.4%
- FY1988$175M+29.8%
- FY1987$135M+19.9%
- FY1986$112M+22.9%
- FY1985$91.4M—
Gross Profit values are taken from Thermo Fisher Scientific's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Thermo Fisher Scientific (TMO)
According to Thermo Fisher Scientific's latest reported financial statements, the company's current gross profit (TTM) is $18.7B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual gross profit for Thermo Fisher Scientific (TMO) came in at $16.8B – declined 5.4% year-over-year.
Thermo Fisher Scientific gross profit compound annual growth for the 2020–2025 (5 years) window is +0.9%, with mixed annual results across the window.
Thermo Fisher Scientific gross profit peaked at $19.6B in 2021; the latest annual figure is $16.8B in 2025 (14.5% below peak).
2021 marks the peak gross profit at $19.6B, with the historical low of $91.4M recorded in 1985.
Thermo Fisher Scientific Gross Profit by Year
Thermo Fisher Scientific Gross Profit 2025: $16.8B
In 2025, Thermo Fisher Scientific reported gross profit of $16.8B, declined 5.4% below 2024.
Thermo Fisher Scientific Gross Profit 2024: $17.7B
Thermo Fisher Scientific gross profit in 2024 was $17.7B, edged up 3.1% from 2023.
Thermo Fisher Scientific Gross Profit 2023: $17.2B
2023's gross profit for Thermo Fisher Scientific came in at $17.2B, declined 9.6% below 2022.
Thermo Fisher Scientific Gross Profit 2022: $19B
Thermo Fisher Scientific posted gross profit of $19B in 2022, edged down 3.2% below 2021.
Thermo Fisher Scientific Gross Profit 2021: $19.6B
Thermo Fisher Scientific gross profit in 2021 was $19.6B.
See more financial history for Thermo Fisher Scientific (TMO).
Sector peers by Gross Profit
Healthcare peers of Thermo Fisher Scientific (TMO), ranked by their latest gross profit
| $82.9B | |
| $68.6B | |
| $54.6B | |
| $46.7B | |
| $43B | |
| $39B | |
| $26B | |
| $24.6B |
- $82.9B
- $68.6B
- $54.6B
- $46.7B
- $43B
- $26B
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