Revenue for Thermo Fisher Scientific (TMO)
According to Thermo Fisher Scientific's latest reported financial statements, the company's current revenue (TTM) is $45.20B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
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TTM (last 4 quarters)
$45.20B
YoY change
+3.9%
5Y CAGR
+6.7%
Peak year (2022)
$44.91B
Cumulative revenue
$487.73B
Revenue history chart for Thermo Fisher Scientific (TMO) from 1985 to 2025
Revenue history table for Thermo Fisher Scientific (TMO) from 1985 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $44.56B | +3.9% | ||
| 2024 | $42.88B | +0.1% | ||
| 2023 | $42.86B | -4.6% | ||
| 2022 | $44.91B | +14.5% | ||
| 2021 | $39.21B | +21.7% | ||
| 2020 | $32.22B | +26.1% | ||
| 2019 | $25.54B | +4.9% | ||
| 2018 | $24.36B | +16.4% | ||
| 2017 | $20.92B | +14.5% | ||
| 2016 | $18.27B | +7.7% | ||
| 2015 | $16.97B | +0.4% | ||
| 2014 | $16.89B | +29.0% | ||
| 2013 | $13.09B | +4.6% | ||
| 2012 | $12.51B | +6.7% | ||
| 2011 | $11.73B | +8.7% | ||
| 2010 | $10.79B | +6.7% | ||
| 2009 | $10.11B | -3.7% | ||
| 2008 | $10.50B | +7.7% | ||
| 2007 | $9.75B | +157.1% | ||
| 2006 | $3.79B | +44.0% | ||
| 2005 | $2.63B | +19.4% | ||
| 2004 | $2.21B | +5.2% | ||
| 2003 | $2.10B | +0.5% | ||
| 2002 | $2.09B | -4.7% | ||
| 2001 | $2.19B | -4.0% | ||
| 2000 | $2.28B | -7.7% | ||
| 1999 | $2.47B | -36.1% | ||
| 1998 | $3.87B | +8.7% | ||
| 1997 | $3.56B | +21.3% | ||
| 1996 | $2.93B | +32.9% | ||
| 1995 | $2.21B | +39.2% | ||
| 1994 | $1.59B | +26.9% | ||
| 1993 | $1.25B | +31.7% | ||
| 1992 | $949.00M | +17.8% | ||
| 1991 | $805.50M | +13.8% | ||
| 1990 | $708.00M | +22.3% | ||
| 1989 | $579.00M | +15.7% | ||
| 1988 | $500.60M | +30.6% | ||
| 1987 | $383.40M | +15.6% | ||
| 1986 | $331.60M | +24.8% | ||
| 1985 | $265.70M | — |
Revenue values are taken from Thermo Fisher Scientific's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Thermo Fisher Scientific (TMO) revenue totalled $44.56B – edged up 3.9% year-over-year.
Through 2020–2025 (5 years), Thermo Fisher Scientific revenue delivered a +6.7% annualised rate; sustaining 2 straight years of year-over-year growth.
The dataset's maximum revenue sits at $44.91B (2022); the minimum reading of $265.70M dates to 1985.
Within Healthcare, Thermo Fisher Scientific (TMO) ranks 8th among 8 peers we track. The peer median for revenue is $65.09B.
Thermo Fisher Scientific Revenue by Year
Thermo Fisher Scientific Revenue 2025: $44.56B
Thermo Fisher Scientific revenue in 2025 was $44.56B, edged up 3.9% from 2024.
Thermo Fisher Scientific Revenue 2024: $42.88B
Thermo Fisher Scientific revenue in 2024 was $42.88B, edged up 0.1% from 2023.
Thermo Fisher Scientific Revenue 2023: $42.86B
Thermo Fisher Scientific revenue in 2023 was $42.86B, edged down 4.6% below 2022.
Thermo Fisher Scientific Revenue 2022: $44.91B
Thermo Fisher Scientific revenue in 2022 was $44.91B, grew 14.5% from 2021. This figure represents the highest annual value in the available history.
Thermo Fisher Scientific Revenue 2021: $39.21B
Thermo Fisher Scientific revenue in 2021 was $39.21B.
See more financial history for Thermo Fisher Scientific (TMO).
Sector peers — Revenue
Companies in the same sector as Thermo Fisher Scientific, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| UnitedHealth Group Incorporated (UNH) | $447.57B | Healthcare |
| Novo Nordisk A/S (NVO) | $309.06B | Healthcare |
| Johnson & Johnson (JNJ) | $94.19B | Healthcare |
| Eli Lilly and Company (LLY) | $65.18B | Healthcare |
| Merck & Co., Inc. (MRK) | $65.01B | Healthcare |
| AbbVie Inc. (ABBV) | $61.16B | Healthcare |
| AstraZeneca PLC (AZN) | $58.74B | Healthcare |
| Amgen Inc. (AMGN) | $36.74B | Healthcare |
Frequently asked questions
What is Thermo Fisher Scientific's revenue?
- Latest reported revenue for Thermo Fisher Scientific (TMO) is $45.20B (period ending March 28, 2026).
How has Thermo Fisher Scientific revenue changed year-over-year?
- Thermo Fisher Scientific (TMO) revenue changed +3.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Thermo Fisher Scientific revenue?
- Thermo Fisher Scientific (TMO) revenue compound annual growth rate is +6.7% over the most recent 5 years available.
When did Thermo Fisher Scientific revenue hit its highest annual value?
- Thermo Fisher Scientific revenue reached its highest annual value of $44.91B in 2022.
What was Thermo Fisher Scientific revenue in 2024?
- Thermo Fisher Scientific (TMO) revenue in 2024 was $42.88B.
What was Thermo Fisher Scientific revenue in 2025?
- Thermo Fisher Scientific (TMO) revenue in 2025 was $44.56B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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