TTM
$6.86B
YoY change
+6.3%
5Y CAGR
+1.1%
Peak year (2021)
$7.72B
Cumulative net income
$66.15B
Net Income history chart for Thermo Fisher Scientific (TMO) from 1985 to 2025
Latest: $6.74B
Net Income growth chart for Thermo Fisher Scientific (TMO) from 1985 to 2025
Latest: +6.3%
Net Income history table for Thermo Fisher Scientific (TMO) from 1985 to 2025
| 2025 | $6.74B | +6.3% | +$402.00M | ||
| 2024 | $6.33B | +5.7% | +$340.00M | ||
| 2023 | $6.00B | -13.7% | −$955.00M | ||
| 2022 | $6.95B | -10.0% | −$775.00M | ||
| 2021 | $7.72B | +21.2% | +$1.35B | ||
| 2020 | $6.38B | +72.5% | +$2.68B | ||
| 2019 | $3.70B | +25.8% | +$758.00M | ||
| 2018 | $2.94B | +32.0% | +$713.00M | ||
| 2017 | $2.23B | +10.1% | +$203.20M | ||
| 2016 | $2.02B | +2.3% | +$46.40M | ||
| 2015 | $1.98B | +4.3% | +$81.00M | ||
| 2014 | $1.89B | +48.8% | +$621.10M | ||
| 2013 | $1.27B | +8.1% | +$95.40M | ||
| 2012 | $1.18B | -11.4% | −$152.00M | ||
| 2011 | $1.33B | +28.4% | +$294.30M | ||
| 2010 | $1.04B | +21.8% | +$185.30M | ||
| 2009 | $850.30M | -14.5% | −$143.90M | ||
| 2008 | $994.20M | +30.6% | +$233.10M | ||
| 2007 | $761.10M | +350.5% | +$592.16M | ||
| 2006 | $168.94M | -24.3% | −$54.28M | ||
| 2005 | $223.22M | -38.3% | −$138.62M | ||
| 2004 | $361.84M | +80.9% | +$161.83M | ||
| 2003 | $200.01M | -35.4% | −$109.72M | ||
| 2002 | $309.73M | -39758.1% | +$310.51M | ||
| 2001 | −$781.00K | -97.8% | +$35.33M | ||
| 2000 | −$36.11M | -79.3% | +$138.49M | ||
| 1999 | −$174.60M | -196.0% | −$356.50M | ||
| 1998 | $181.90M | -24.0% | −$57.40M | ||
| 1997 | $239.30M | +25.4% | +$48.50M | ||
| 1996 | $190.80M | +36.2% | +$50.70M | ||
| 1995 | $140.10M | +35.5% | +$36.70M | ||
| 1994 | $103.40M | +35.0% | +$26.80M | ||
| 1993 | $76.60M | +29.4% | +$17.40M | ||
| 1992 | $59.20M | +25.7% | +$12.10M | ||
| 1991 | $47.10M | +38.9% | +$13.20M | ||
| 1990 | $33.90M | +37.8% | +$9.30M | ||
| 1989 | $24.60M | +22.4% | +$4.50M | ||
| 1988 | $20.10M | +11.0% | +$2.00M | ||
| 1987 | $18.10M | +26.6% | +$3.80M | ||
| 1986 | $14.30M | +49.0% | +$4.70M | ||
| 1985 | $9.60M | — | — |
- 2025$6.74B+6.3%
- 2024$6.33B+5.7%
- 2023$6.00B-13.7%
- 2022$6.95B-10.0%
- 2021$7.72B+21.2%
- 2020$6.38B+72.5%
- 2019$3.70B+25.8%
- 2018$2.94B+32.0%
- 2017$2.23B+10.1%
- 2016$2.02B+2.3%
- 2015$1.98B+4.3%
- 2014$1.89B+48.8%
- 2013$1.27B+8.1%
- 2012$1.18B-11.4%
- 2011$1.33B+28.4%
- 2010$1.04B+21.8%
- 2009$850.30M-14.5%
- 2008$994.20M+30.6%
- 2007$761.10M+350.5%
- 2006$168.94M-24.3%
- 2005$223.22M-38.3%
- 2004$361.84M+80.9%
- 2003$200.01M-35.4%
- 2002$309.73M-39758.1%
- 2001−$781.00K-97.8%
- 2000−$36.11M-79.3%
- 1999−$174.60M-196.0%
- 1998$181.90M-24.0%
- 1997$239.30M+25.4%
- 1996$190.80M+36.2%
- 1995$140.10M+35.5%
- 1994$103.40M+35.0%
- 1993$76.60M+29.4%
- 1992$59.20M+25.7%
- 1991$47.10M+38.9%
- 1990$33.90M+37.8%
- 1989$24.60M+22.4%
- 1988$20.10M+11.0%
- 1987$18.10M+26.6%
- 1986$14.30M+49.0%
- 1985$9.60M—
Net Income 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 Net Income at Thermo Fisher Scientific (TMO)
According to Thermo Fisher Scientific's latest reported financial statements, the company's current net income (TTM) is $6.86B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Thermo Fisher Scientific (TMO) net income is $6.74B – grew 6.3% year-over-year.
Across 2020–2025 (5 years), Thermo Fisher Scientific net income produced a CAGR of +1.1% – sustaining 2 straight years of year-over-year growth.
Thermo Fisher Scientific net income peaked at $7.72B in 2021; the latest annual figure is $6.74B in 2025 (12.8% below peak).
The record annual net income stands at $7.72B, reached in 2021; the historical low of −$174.60M was recorded in 1999.
Thermo Fisher Scientific Net Income by Year
Thermo Fisher Scientific Net Income 2025: $6.74B
In 2025, Thermo Fisher Scientific reported net income of $6.74B, grew 6.3% from 2024.
Thermo Fisher Scientific Net Income 2024: $6.33B
Thermo Fisher Scientific net income in 2024 was $6.33B, grew 5.7% from 2023.
Thermo Fisher Scientific Net Income 2023: $6.00B
2023's net income for Thermo Fisher Scientific came in at $6.00B, declined 13.7% below 2022.
Thermo Fisher Scientific Net Income 2022: $6.95B
Thermo Fisher Scientific posted net income of $6.95B in 2022, declined 10.0% below 2021.
Thermo Fisher Scientific Net Income 2021: $7.72B
Thermo Fisher Scientific net income in 2021 was $7.72B.
See more financial history for Thermo Fisher Scientific (TMO).
Sector peers by Net Income
Healthcare peers of Thermo Fisher Scientific (TMO), ranked by their latest net income
| $26.80B | |
| $20.64B | |
| $18.25B | |
| $15.97B | |
| $12.06B | |
| $10.26B | |
| $7.71B | |
| $4.23B |
- $26.80B
- $20.64B
- $18.25B
- $15.97B
- $12.06B
- $10.26B
- $7.71B
- $4.23B
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