# Thermo Fisher KPIs

Thermo Fisher had revenue of $12.0 billion in Q2 2026, the quarter that ended Jun 27, 2026, 10% more than a year earlier. Below are its quarterly and annual figures, split by segment, region and product.

[ All companies ](https://quova.io/kpis/index.md)

Latest quarter, Q2 2026 ended Jun 27, 2026

Revenue

$11.99B ▲ 10.5%

vs Q2 2025

Operating income

$2.09B ▲ 13.8%

vs Q2 2025 · 17.4% margin

Net income

$1.74B ▲ 7.4%

vs Q2 2025 · 14.5% margin

## Thermo Fisher's KPIs by quarter

### Revenue

$11.99B +10.5% on Q2 2025

### Revenue by segment

Q2 2026

- Laboratory Products and Biopharma Services $6.69B 53%
- Life Sciences Solutions $2.82B 22%
- Analytical Instruments $1.85B 15%
- Specialty Diagnostics $1.21B 10%

### Revenue by region

Q2 2026

- North America $6.15B 51%
- Europe $3.31B 28%
- Asia-Pacific $2.1B 18%
- Other regions $430M 4%
- Other (2)

### Revenue by product

Q2 2026

- Consumables $5.07B 42%
- Service revenues $5.17B 43%
- Instruments $1.75B 15%

### Margins

Q2 2026

- Operating margin 17.4%
- Net margin 14.5%

### Operating income

$2.09B +13.8% on Q2 2025

### Operating income by segment

Q2 2026

- Life Sciences Solutions $1.04B 38%
- Laboratory Products and Biopharma Services $936M 34%
- Analytical Instruments $424M 16%
- Specialty Diagnostics $334M 12%

### Net income

$1.74B +7.4% on Q2 2025

## Thermo Fisher's figures by quarter

### Revenue

| Thermo Fisher revenue by quarter           | Q2 2026  | Q1 2026  | Q4 2025  | Q3 2025  | Q2 2025  | Q1 2025  | Q4 2024 | Q3 2024  | Q2 2024  | Q1 2024  | Q4 2023  | Q3 2023  | Q2 2023  | Q1 2023  | Q4 2022  | Q3 2022  | Q2 2022  | Q1 2022  | Q4 2021  | Q3 2021  |
| ------------------------------------------ | -------- | -------- | -------- | -------- | -------- | -------- | ------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- |
| Total                                      | $11.99B  | $11.01B  | $12.22B  | $11.12B  | $10.86B  | $10.36B  | $11.40B | $10.60B  | $10.54B  | $10.35B  | $10.89B  | $10.57B  | $10.69B  | $10.71B  | $11.45B  | $10.68B  | $10.97B  | $11.82B  | $10.70B  | $9.33B   |
| Segments                                   |          |          |          |          |          |          |         |          |          |          |          |          |          |          |          |          |          |          |          |          |
| Laboratory Products and Biopharma Services | $6.69B   | $6.04B   | $6.38B   | $5.97B   | $6.00B   | $5.64B   | $5.94B  | $5.74B   | $5.76B   | $5.72B   | $5.72B   | $5.73B   | $5.83B   | $5.76B   | $5.95B   | $5.59B   | $5.54B   | $5.44B   | $4.20B   | $3.49B   |
| Life Sciences Solutions                    | $2.82B   | $2.64B   | $2.95B   | $2.59B   | $2.50B   | $2.34B   | $2.60B  | $2.39B   | $2.36B   | $2.29B   | $2.47B   | $2.43B   | $2.46B   | $2.61B   | $3.05B   | $2.96B   | $3.29B   | $4.23B   | $4.15B   | $3.72B   |
| Analytical Instruments                     | $1.85B   | $1.72B   | $2.22B   | $1.89B   | $1.73B   | $1.72B   | $2.19B  | $1.81B   | $1.78B   | $1.69B   | $2.04B   | $1.75B   | $1.75B   | $1.72B   | $1.88B   | $1.62B   | $1.61B   | $1.52B   | $1.73B   | $1.48B   |
| Specialty Diagnostics                      | $1.21B   | $1.14B   | $1.22B   | $1.17B   | $1.13B   | $1.15B   | $1.16B  | $1.13B   | $1.12B   | $1.11B   | $1.11B   | $1.08B   | $1.11B   | $1.11B   | $1.12B   | $1.07B   | $1.10B   | $1.48B   | $1.45B   | $1.36B   |
| Regions                                    |          |          |          |          |          |          |         |          |          |          |          |          |          |          |          |          |          |          |          |          |
| North America                              | $6.15B   | $5.71B   | $6.11B   | $5.69B   | $5.72B   | $5.51B   |         | $5.59B   | $5.53B   | $5.52B   | $5.60B   | $5.67B   | $5.71B   | $5.78B   | $6.28B   | $5.96B   | $6.03B   | $6.32B   | $5.37B   | $4.66B   |
| Other                                      |          |          |          |          |          |          | $5.72B  |          |          |          |          |          |          |          |          |          |          |          |          |          |
| United States                              |          |          |          |          |          |          | $5.68B  |          |          |          |          |          |          |          |          |          |          |          |          |          |
| Europe                                     | $3.31B   | $2.96B   | $3.37B   | $3.01B   | $2.83B   | $2.62B   |         | $2.69B   | $2.66B   | $2.62B   | $2.84B   | $2.64B   | $2.65B   | $2.60B   | $2.76B   | $2.41B   | $2.55B   | $3.05B   | $3.10B   | $2.56B   |
| Asia-Pacific                               | $2.10B   | $1.97B   | $2.28B   | $2.01B   | $1.92B   | $1.89B   |         | $1.92B   | $1.97B   | $1.86B   | $2.07B   | $1.91B   | $1.90B   | $1.99B   | $2.04B   | $1.97B   | $2.04B   | $2.06B   | $1.92B   | $1.84B   |
| Other regions                              | $430.00M | $372.00M | $462.00M | $415.00M | $383.00M | $337.00M |         | $397.00M | $379.00M | $346.00M | $367.00M | $350.00M | $417.00M | $345.00M | $380.00M | $338.00M | $345.00M | $381.00M | $314.00M | $275.00M |
| Products                                   |          |          |          |          |          |          |         |          |          |          |          |          |          |          |          |          |          |          |          |          |
| Service revenues                           | $5.17B   | $4.73B   | $4.97B   | $4.63B   | $4.61B   | $4.38B   | $4.63B  | $4.45B   | $4.38B   | $4.39B   | $4.48B   | $4.42B   | $4.42B   | $4.31B   | $4.51B   | $4.09B   | $3.97B   | $3.80B   | $2.77B   | $1.97B   |
| Consumables                                | $5.07B   | $4.72B   | $5.03B   | $4.68B   | $4.61B   | $4.35B   | $4.52B  | $4.38B   | $4.36B   | $4.33B   | $4.37B   | $4.29B   | $4.43B   | $4.51B   | $4.87B   | $4.65B   | $4.99B   | $6.11B   | $5.73B   | $5.54B   |
| Instruments                                | $1.75B   | $1.56B   | $2.22B   | $1.81B   | $1.64B   | $1.63B   | $2.25B  | $1.77B   | $1.80B   | $1.63B   | $2.04B   | $1.87B   | $1.84B   | $1.90B   | $2.08B   | $1.93B   | $2.01B   | $1.91B   | $2.20B   | $1.82B   |

### Operating income

| Thermo Fisher operating income by quarter  | Q2 2026  | Q1 2026  | Q4 2025  | Q3 2025  | Q2 2025  | Q1 2025  | Q4 2024  | Q3 2024  | Q2 2024  | Q1 2024  | Q4 2023  | Q3 2023  | Q2 2023  | Q1 2023  | Q4 2022  | Q3 2022  | Q2 2022  | Q1 2022  | Q4 2021  | Q3 2021  |
| ------------------------------------------ | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- | -------- |
| Total                                      | $2.09B   | $1.86B   | $2.26B   | $1.94B   | $1.83B   | $1.72B   | $2.02B   | $1.84B   | $1.82B   | $1.66B   | $1.85B   | $1.86B   | $1.58B   | $1.56B   | $1.86B   | $1.71B   | $2.00B   | $2.82B   | $2.54B   | $2.28B   |
| Segments                                   |          |          |          |          |          |          |          |          |          |          |          |          |          |          |          |          |          |          |          |          |
| Life Sciences Solutions                    | $1.04B   | $954.00M | $1.05B   | $968.00M | $919.00M | $834.00M | $952.00M | $845.00M | $865.00M | $840.00M | $895.00M | $872.00M | $817.00M | $836.00M | $1.04B   | $1.04B   | $1.33B   | $2.18B   | $2.00B   | $1.82B   |
| Laboratory Products and Biopharma Services | $936.00M | $778.00M | $925.00M | $868.00M | $825.00M | $731.00M | $828.00M | $773.00M | $745.00M | $744.00M | $804.00M | $937.00M | $824.00M | $793.00M | $836.00M | $725.00M | $691.00M | $620.00M | $484.00M | $383.00M |
| Analytical Instruments                     | $424.00M | $355.00M | $583.00M | $429.00M | $325.00M | $399.00M | $666.00M | $451.00M | $439.00M | $400.00M | $587.00M | $468.00M | $432.00M | $421.00M | $476.00M | $386.00M | $344.00M | $301.00M | $381.00M | $264.00M |
| Specialty Diagnostics                      | $334.00M | $313.00M | $324.00M | $321.00M | $306.00M | $304.00M | $273.00M | $293.00M | $299.00M | $294.00M | $264.00M | $283.00M | $297.00M | $280.00M | $208.00M | $220.00M | $243.00M | $353.00M | $297.00M | $310.00M |

### Net income

| Thermo Fisher net income by quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
| ----------------------------------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- | ------- |
| Total                               | $1.74B  | $1.65B  | $1.96B  | $1.62B  | $1.62B  | $1.51B  | $1.83B  | $1.63B  | $1.55B  | $1.33B  | $1.65B  | $1.70B  | $1.36B  | $1.29B  | $1.57B  | $1.50B  | $1.67B  | $2.22B  | $1.66B  | $1.90B  |

## Thermo Fisher's latest quarter

Revenue was $12.0 billion, operating income was $2.1 billion and net income was $1.7 billion. That's a operating margin of 17.4% and net margin of 14.5%.

Laboratory Products and Biopharma Services was the largest segment, with $6.7 billion or 56% of revenue. By region, North America brought in the most, 51% of the total.

## Thermo Fisher's fiscal year

Thermo Fisher reports on the calendar year, so 2025 ended on Dec 31, 2025 and its quarters line up with the calendar's.

## Get Thermo Fisher's KPIs from the API

`/v1/kpis` returns the same series as this page. Send it up to 100 symbols at once, pick quarterly, half year or annual periods, and narrow it to the KPIs you need.

GET `/v1/kpis`  2 credits per instrument 

```shell
curl "https://api.quova.io/v1/kpis?symbols=NYSE:TMO" \
  -H "Authorization: Bearer $QUOVA_API_KEY"
```

[ Read the reference ](https://quova.io/docs/company-data/index.md#company.kpis)

## Questions

Each page is built with the figures we had when it was published, then checks for newer ones every time it's opened. A new quarter shows up here soon after Thermo Fisher reports it.

Yes. GET /v1/kpis returns the same series as JSON or CSV, for other US companies as well as these. Some companies have KPIs of their own there too, like trips at Uber. It works over REST, or from an AI assistant through our MCP server.

2 credits per instrument. It's included in every paid plan, and in the trial. Anything that comes back as an error isn't billed.

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