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Thermo Fisher Scientific revenue TMO

Sales by quarter and over the last twelve months, from 1995.

Last 12 months, to Sep 26, 2026
$47.4B
Latest quarter, Q3 FY26
$12.1B
+9% on a year earlier
Fiscal year 2025
$44.6B
+4% on the year before

Thermo Fisher Scientific's revenue was $47.4B over the twelve months to Sep 26, 2026, up 8% on a year earlier.

In its latest quarter, Q3 FY26, it was $12.1B, up 9% on the same quarter a year before.

Over the five fiscal years to FY2025 it grew 7% a year on average.

Revenue over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearRevenueChange
FY2025$44.6B+4%
FY2024$42.9B+0%
FY2023$42.9B−5%
FY2022$44.9B+15%
FY2021$39.2B+22%
FY2020$32.2B+26%
FY2019$25.5B+5%
FY2018$24.4B+16%
FY2017$20.9B+14%
FY2016$18.3B+8%
FY2015$17B+0%
FY2014$16.9B+29%
FY2013$13.1B+5%
FY2012$12.5B+8%
FY2011$11.6B+9%

Each fiscal year is the twelve months to its fourth quarter.

Quarter by quarter

QuarterEndedRevenueOn a year earlierLast 12 months
Q3 FY26$12.1B+9%$47.4B
Q2 FY26$12B+10%$46.3B
Q1 FY26$11B+6%$45.2B
Q4 FY25$12.2B+7%$44.6B
Q3 FY25$11.1B+5%$43.7B
Q2 FY25$10.9B+3%$43.2B
Q1 FY25$10.4B+0%$42.9B
Q4 FY24$11.4B+5%$42.9B
Q3 FY24$10.6B+0%$42.4B
Q2 FY24$10.5B−1%$42.3B
Q1 FY24$10.3B−3%$42.5B
Q4 FY23$10.9B−5%$42.9B

Against its peers

Companies in Medical - Diagnostics & Research nearest Thermo Fisher Scientific's size, closest first, today.

CompanyRevenue, 12 monthsGrowth
TMOThermo Fisher Scientific$47.4B+8% a year
DHRDanaher$25.1B+5% a year
AAgilent Technologies$7.4B+9% a year
IQVIQVIA$17B+8% a year
WATWaters$4.6B+52% a year
IDXXIDEXX Laboratories$4.6B+13% a year
ILMNIllumina$4.5B+5% a year
MTDMettler-Toledo International$4.1B+7% a year
DGXQuest Diagnostics$11.6B+9% a year
LHLabcorp$14.3B+6% a year
Peer median$7.4B

Where Thermo Fisher Scientific ranks

What the revenue tells you

Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.

Growing revenue with shrinking margins is a warning, not a win.

More on Thermo Fisher Scientific

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.