THERMO FISHER SCIENTIFIC INC. Net Income 2007-2026 | TMO
What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is THERMO FISHER SCIENTIFIC INC.'s current net income?
THERMO FISHER SCIENTIFIC INC. (TMO) annual net income for 2025 was $6.72B, a 6.04% increase from 2024. THERMO FISHER SCIENTIFIC INC. net income for the quarter ending March 28, 2026 was $1.66B.
What was THERMO FISHER SCIENTIFIC INC.'s net income in 2024?
THERMO FISHER SCIENTIFIC INC. annual net income for 2024 was $6.34B, a 5.72% increase from 2023.
What was THERMO FISHER SCIENTIFIC INC.'s net income in 2023?
THERMO FISHER SCIENTIFIC INC. annual net income for 2023 was $6.00B, a 13.74% decline from 2022.
What is THERMO FISHER SCIENTIFIC INC.'s 5-year net income CAGR?
THERMO FISHER SCIENTIFIC INC. net income grew at a compound annual growth rate (CAGR) of 1.06% from FY2020 to FY2025, going from $6.38B to $6.72B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $6.72B | +6.0% | 10-K |
| FY2024 | $6.34B | +5.7% | 10-K |
| FY2023 | $6.00B | -13.7% | 10-K |
| FY2022 | $6.95B | -10.0% | 10-K |
| FY2021 | $7.72B | +21.2% | 10-K |
| FY2020 | $6.38B | +72.5% | 10-K |
| FY2019 | $3.70B | +25.8% | 10-K |
| FY2018 | $2.94B | +32.0% | 10-K |
| FY2017 | $2.23B | +10.0% | 10-K |
| FY2016 | $2.02B | +2.4% | 10-K |
| FY2015 | $1.98B | +4.3% | 10-K |
| FY2014 | $1.89B | +48.8% | 10-K |
| FY2013 | $1.27B | +8.1% | 10-K |
| FY2012 | $1.18B | -11.4% | 10-K |
| FY2011 | $1.33B | +28.4% | 10-K |
| FY2010 | $1.04B | +21.8% | 10-K |
| FY2009 | $850.3M | -13.3% | 10-K |
| FY2008 | $980.9M | +31.1% | 10-K |
| FY2007 | $748.4M | - | 10-K |