Financial insights of TMO

MyFinsight

For the year ending 2025-12-31, TMO made $44,556M in revenue. $6,704M in net income. Net profit margin of 15.05%.

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total revenues	44,556	42,879	42,857	44,915
Cost of revenues-Product	13,405	12,523	13,168	14,247
Cost of revenues-Service	12,913	12,654	12,589	11,697
Selling, general and administrative expenses	8,732	8,595	8,445	8,993
Research and development expenses	1,397	1,390	1,337	1,471
Restructuring and other costs	362	379	459	114
Total costs and operating expenses	36,810	35,542	35,998	36,522
Operating income	7,746	7,337	6,859	8,393
Interest income	993	1,078	879	272
Interest expense	1,419	1,390	1,375	726
Other income/(expense)	-12	12	-65	-104
Income before income taxes	7,308	7,037	6,298	7,835
Benefit from/(provision for) income taxes	547	657	284	703
Equity in earnings/(losses) of unconsolidated entities	-41	-42	-59	-172
Net income	6,721	6,338	5,955	6,960
Less net income/(loss) attributable to noncontrolling interests and redeemable noncontrolling interest	17	3	-40	10
Net income attributable to thermo fisher scientific inc	6,704	6,335	5,995	6,950

Basic EPS	17.77	16.58	15.52	17.75
Diluted EPS	17.74	16.53	15.45	17.63
Basic Average Shares	377,000,000	382,000,000	386,000,000	392,000,000
Diluted Average Shares	378,000,000	383,000,000	388,000,000	394,000,000