Thermo Fisher Scientific (TMO) Revenue & Revenue Breakdown
Thermo Fisher Scientific Revenue Highlights
Latest Revenue (Y)
$42.86B
Latest Revenue (Q)
$10.54B
Main Segment (Y)
Service
Main Geography (Y)
North America
Thermo Fisher Scientific Revenue by Period
Thermo Fisher Scientific Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $42.86B | -4.58% |
| 2022-12-31 | $44.91B | 14.55% |
| 2021-12-31 | $39.21B | 21.71% |
| 2020-12-31 | $32.22B | 26.14% |
| 2019-12-31 | $25.54B | 4.86% |
| 2018-12-31 | $24.36B | 16.45% |
| 2017-12-31 | $20.92B | 14.47% |
| 2016-12-31 | $18.27B | 7.71% |
| 2015-12-31 | $16.97B | 0.45% |
| 2014-12-31 | $16.89B | 29.02% |
| 2013-12-31 | $13.09B | 4.64% |
| 2012-12-31 | $12.51B | 6.69% |
| 2011-12-31 | $11.73B | 8.69% |
| 2010-12-31 | $10.79B | 6.72% |
| 2009-12-31 | $10.11B | -3.70% |
| 2008-12-31 | $10.50B | 7.71% |
| 2007-12-31 | $9.75B | 157.05% |
| 2006-12-31 | $3.79B | 44.00% |
| 2005-12-31 | $2.63B | 19.36% |
| 2004-12-31 | $2.21B | 5.19% |
| 2003-12-31 | $2.10B | 0.52% |
| 2002-12-28 | $2.09B | -4.65% |
| 2001-12-29 | $2.19B | -4.05% |
| 2000-12-30 | $2.28B | -7.72% |
| 2000-01-01 | $2.47B | -36.11% |
| 1999-01-02 | $3.87B | 8.69% |
| 1998-01-03 | $3.56B | 21.34% |
| 1996-12-28 | $2.93B | 32.85% |
| 1995-12-30 | $2.21B | 39.24% |
| 1994-12-31 | $1.59B | 26.85% |
| 1994-01-01 | $1.25B | - |
Thermo Fisher Scientific generated $42.86B in revenue during NA 2023, up -4.58% compared to the previous quarter, and up 175.95% compared to the same period a year ago.
Thermo Fisher Scientific Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-29 | $10.54B | 1.89% |
| 2024-03-30 | $10.35B | -4.97% |
| 2023-12-31 | $10.89B | 2.95% |
| 2023-09-30 | $10.57B | -1.06% |
| 2023-07-01 | $10.69B | -0.21% |
| 2023-04-01 | $10.71B | -6.46% |
| 2022-12-31 | $11.45B | 7.24% |
| 2022-10-01 | $10.68B | -2.67% |
| 2022-07-02 | $10.97B | -7.18% |
| 2022-04-02 | $11.82B | 10.43% |
| 2021-12-31 | $10.70B | 14.71% |
| 2021-10-02 | $9.33B | 0.61% |
| 2021-07-03 | $9.27B | -6.39% |
| 2021-04-03 | $9.91B | -6.10% |
| 2020-12-31 | $10.55B | 23.81% |
| 2020-09-26 | $8.52B | 23.19% |
| 2020-06-27 | $6.92B | 11.03% |
| 2020-03-28 | $6.23B | -8.77% |
| 2019-12-31 | $6.83B | 8.88% |
| 2019-09-28 | $6.27B | -0.70% |
| 2019-06-29 | $6.32B | 3.12% |
| 2019-03-30 | $6.13B | -5.87% |
| 2018-12-31 | $6.51B | 9.92% |
| 2018-09-29 | $5.92B | -2.60% |
| 2018-06-30 | $6.08B | 3.84% |
| 2018-03-31 | $5.85B | -3.21% |
| 2017-12-31 | $6.05B | 18.19% |
| 2017-09-30 | $5.12B | 2.53% |
| 2017-07-01 | $4.99B | 4.72% |
| 2017-04-01 | $4.76B | -3.80% |
| 2016-12-31 | $4.95B | 10.29% |
| 2016-10-01 | $4.49B | -0.98% |
| 2016-07-02 | $4.54B | 5.60% |
| 2016-04-02 | $4.29B | -7.69% |
| 2015-12-31 | $4.65B | 12.84% |
| 2015-09-26 | $4.12B | -3.46% |
| 2015-06-27 | $4.27B | 8.98% |
| 2015-03-28 | $3.92B | -12.78% |
| 2014-12-31 | $4.49B | 7.70% |
| 2014-09-27 | $4.17B | -3.48% |
| 2014-06-28 | $4.32B | 10.72% |
| 2014-03-29 | $3.90B | 12.59% |
| 2013-12-31 | $3.47B | 8.62% |
| 2013-09-28 | $3.19B | -1.49% |
| 2013-06-29 | $3.24B | 1.52% |
| 2013-03-30 | $3.19B | -2.08% |
| 2012-12-31 | $3.26B | 5.63% |
| 2012-09-29 | $3.09B | -0.72% |
| 2012-06-30 | $3.11B | 0.25% |
| 2012-03-31 | $3.10B | -1.06% |
| 2011-12-31 | $3.13B | 5.38% |
| 2011-10-01 | $2.97B | 2.63% |
| 2011-07-02 | $2.90B | 6.47% |
| 2011-04-02 | $2.72B | -2.15% |
| 2010-12-31 | $2.78B | 5.80% |
| 2010-10-02 | $2.63B | -0.77% |
| 2010-07-03 | $2.65B | -0.98% |
| 2010-04-03 | $2.68B | -5.79% |
| 2009-12-31 | $2.84B | 12.18% |
| 2009-09-30 | $2.53B | 1.89% |
| 2009-06-30 | $2.48B | 10.15% |
| 2009-03-31 | $2.26B | -14.78% |
| 2008-12-31 | $2.65B | 2.25% |
| 2008-09-27 | $2.59B | -4.48% |
| 2008-06-28 | $2.71B | 6.09% |
| 2008-03-29 | $2.55B | - |
Thermo Fisher Scientific generated $10.54B in revenue during Q2 2024, up 1.89% compared to the previous quarter, and up 98.42% compared to the same period a year ago.
Thermo Fisher Scientific Revenue Breakdown
Thermo Fisher Scientific Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Service | $17.61B | $16.37B | $8.85B | $6.91B | $6.05B |
| Consumables | $17.60B | $20.62B | $22.61B | $18.53B | $13.11B |
| Instruments | $7.65B | $7.92B | $7.75B | $6.78B | $6.39B |
Thermo Fisher Scientific's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (41.10%), Consumables (41.06%), and Instruments (17.84%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Apr 23 | Dec 22 | Oct 22 | Jul 22 | Apr 22 | Dec 21 | Oct 21 | Jul 21 | Apr 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumables | $4.36B | $4.33B | $4.37B | $4.29B | $4.43B | $4.51B | $4.87B | $4.65B | $4.99B | $6.11B | $5.73B | $5.54B | $5.37B | $5.96B | $6.31B | $4.96B | $3.88B | $3.38B | $3.38B | $3.23B |
| Instruments | $1.80B | $1.63B | $2.04B | $1.87B | $1.84B | $1.90B | $2.08B | $1.93B | $2.01B | $1.91B | $2.20B | $1.82B | $1.84B | $1.89B | $2.33B | $1.83B | $1.37B | $1.25B | $1.77B | $1.57B |
| Service | $4.38B | $4.39B | $4.47B | $4.42B | $4.42B | $4.31B | $4.50B | $4.09B | $3.97B | $3.80B | $2.77B | $1.97B | $2.06B | $2.05B | $1.91B | $1.74B | $1.67B | $1.60B | $1.68B | $1.47B |
Thermo Fisher Scientific's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Service (41.53%), Consumables (41.39%), and Instruments (17.08%).
Thermo Fisher Scientific Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Asia Pacific | $7.87B | $8.12B | $7.22B | $5.82B | $5.52B |
| Other Regions | $1.48B | $1.44B | $1.20B | $1.03B | $764.00M |
| North America | $22.76B | $24.59B | $19.66B | $17.08B | $12.90B |
| Europe | $10.74B | $10.76B | $11.13B | $8.28B | $6.36B |
Thermo Fisher Scientific's latest annual revenue breakdown by geography, as of Dec 23: North America (53.12%), Europe (25.06%), Asia Pacific (18.37%), and Other Regions (3.45%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Apr 23 | Dec 22 | Oct 22 | Jul 22 | Apr 22 | Dec 21 | Oct 21 | Jul 21 | Apr 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia Pacific | $1.97B | $1.86B | $2.07B | $1.91B | $1.90B | $1.99B | $2.04B | $1.97B | $2.04B | $2.06B | $1.92B | $1.84B | $1.75B | $1.71B | $1.77B | $1.61B | $1.33B | $1.12B | $1.44B | $1.35B |
| Europe | $2.66B | $2.62B | $2.84B | $2.64B | $2.65B | $2.60B | $2.75B | $2.41B | $2.55B | $3.05B | $3.10B | $2.56B | $2.69B | $2.79B | $2.82B | $2.03B | $1.78B | $1.65B | $1.79B | $1.51B |
| UNITED STATES | $5.53B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| All Other Countries | $379.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Regions | - | $346.00M | $367.00M | $350.00M | $417.00M | $345.00M | $380.00M | $338.00M | $345.00M | $381.00M | $314.00M | $275.00M | $300.00M | $311.00M | $299.00M | $295.00M | $261.00M | $176.00M | $209.00M | $189.00M |
| North America | - | $5.52B | $5.60B | $5.67B | $5.71B | $5.78B | $6.28B | $5.96B | $6.03B | $6.32B | $5.37B | $4.66B | $4.53B | $5.10B | $5.66B | $4.59B | $3.54B | $3.29B | $3.39B | $3.22B |
Thermo Fisher Scientific's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (52.45%), Europe (25.26%), Asia Pacific (18.70%), and All Other Countries (3.60%).
Thermo Fisher Scientific Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TMO | Thermo Fisher Scientific | $42.86B | $10.54B |
| DHR | Danaher | $14.03B | $3.43B |
| A | Agilent | $6.83B | $1.58B |
| ILMN | Illumina | $4.50B | $1.08B |
| CRL | Charles River Laboratories | $4.13B | $1.03B |
| MTD | Mettler-Toledo | $3.79B | $946.75M |
| IDXX | IDEXX Laboratories | $3.66B | $1.00B |
| WAT | Waters | $2.96B | $708.53M |
| RVTY | Revvity | $2.75B | $691.68M |
| GH | Guardant Health | $563.95M | $177.24M |
TMO Revenue FAQ
What is Thermo Fisher Scientific’s yearly revenue?
Thermo Fisher Scientific's yearly revenue for 2023 was $42.86B, representing a decrease of -4.58% compared to 2022. The company's yearly revenue for 2022 was $44.92B, representing an increase of 14.55% compared to 2021. TMO's yearly revenue for 2021 was $39.21B, representing an increase of 21.71% compared to 2020.
What is Thermo Fisher Scientific’s quarterly revenue?
Thermo Fisher Scientific's quarterly revenue for Q2 2024 was $10.54B, a 1.89% increase from the previous quarter (Q1 2024), and a -1.37% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $10.34B, a -4.97% decrease from the previous quarter (Q4 2023), and a -3.41% decrease year-over-year (Q1 2023). TMO's quarterly revenue for Q4 2023 was $10.89B, a 2.95% increase from the previous quarter (Q3 2023), and a -4.93% decrease year-over-year (Q4 2022).
What is Thermo Fisher Scientific’s revenue growth rate?
Thermo Fisher Scientific's revenue growth rate for the last 3 years (2021-2023) was 9.30%, and for the last 5 years (2019-2023) was 67.79%.
What are Thermo Fisher Scientific’s revenue streams?
Thermo Fisher Scientific's revenue streams in c 23 are Service, Consumables, and Instruments. Service generated $17.61B in revenue, accounting 41.10% of the company's total revenue, up 7.62% year-over-year. Consumables generated $17.6B in revenue, accounting 41.06% of the company's total revenue, down -14.68% year-over-year. Instruments generated $7.65B in revenue, accounting 17.84% of the company's total revenue, down -3.51% year-over-year.
What is Thermo Fisher Scientific’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Thermo Fisher Scientific was Service. This segment made a revenue of $17.61B, representing 41.10% of the company's total revenue.