# THERMO FISHER SCIENTIFIC INC. (TMO) FY2024 Q3 P&L / Income Statement

- Company: THERMO FISHER SCIENTIFIC INC. (TMO)
- Period: 2024-06-30 to 2024-09-28
- Filing: Q3 FY2024 10-Q, filed 2024-11-01, accession number 0000097745-24-000046
- Page: https://plicit.ai/financials/tmo/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/tmo-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service (3 categories)

Income statement for 2024-06-30 through 2024-09-28. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 10,598,000,000 US dollars
- **Cost of revenue (calculated)**: 6,270,000,000 US dollars
- **Gross profit (calculated)**: 4,328,000,000 US dollars
- **Operating expenses (calculated)**: 2,489,000,000 US dollars
- **Operating income**: 1,838,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 96,000,000 US dollars
- **Income before income taxes**: 1,742,000,000 US dollars
- **Provision for income taxes**: 99,000,000 US dollars
- **Net income**: 1,629,000,000 US dollars
- **Consumables**: 4,379,000,000 US dollars
- **Instruments**: 1,769,000,000 US dollars
- **Services**: 4,450,000,000 US dollars
- **Cost of revenues**: 6,270,000,000 US dollars
- **Selling, general and administrative expenses**: 2,098,000,000 US dollars
- **Research and development expenses**: 346,000,000 US dollars
- **Restructuring and other costs**: 45,000,000 US dollars
- **Equity in earnings/(losses) of unconsolidated entities**: negative 14,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- The amounts that make up operating profit come to $1,839.00 M and operating profit is $1,838.00 M; the $1.00 M difference is within the rounding of the filed amounts.

## Chart details: Revenue by Geography (4 categories)

- Page: https://plicit.ai/financials/tmo/fy2024-q3-income-statement/revenue-by-geography-4-categories
- Chart image: https://plicit.ai/charts/tmo-fy2024-q3-revenue-by-geography-4-categories-sankey.png

Income statement for 2024-06-30 through 2024-09-28. View: Geography (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 10,598,000,000 US dollars
- **Cost of revenue (calculated)**: 6,270,000,000 US dollars
- **Gross profit (calculated)**: 4,328,000,000 US dollars
- **Operating expenses (calculated)**: 2,489,000,000 US dollars
- **Operating income**: 1,838,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 96,000,000 US dollars
- **Income before income taxes**: 1,742,000,000 US dollars
- **Provision for income taxes**: 99,000,000 US dollars
- **Net income**: 1,629,000,000 US dollars
- **North America**: 5,591,000,000 US dollars
- **Europe**: 2,686,000,000 US dollars
- **Asia-Pacific**: 1,923,000,000 US dollars
- **Other regions**: 397,000,000 US dollars
- **Undisclosed (calculated)**: 1,000,000 US dollars
- **Cost of revenues**: 6,270,000,000 US dollars
- **Selling, general and administrative expenses**: 2,098,000,000 US dollars
- **Research and development expenses**: 346,000,000 US dollars
- **Restructuring and other costs**: 45,000,000 US dollars
- **Equity in earnings/(losses) of unconsolidated entities**: negative 14,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- The amounts that make up operating profit come to $1,839.00 M and operating profit is $1,838.00 M; the $1.00 M difference is within the rounding of the filed amounts.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/tmo/fy2024-q3-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/tmo-fy2024-q3-revenue-by-business-segment-sankey.png

Income statement for 2024-06-30 through 2024-09-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 10,598,000,000 US dollars
- **Cost of revenue (calculated)**: 6,270,000,000 US dollars
- **Gross profit (calculated)**: 4,328,000,000 US dollars
- **Operating expenses (calculated)**: 2,489,000,000 US dollars
- **Operating income**: 1,838,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 96,000,000 US dollars
- **Income before income taxes**: 1,742,000,000 US dollars
- **Provision for income taxes**: 99,000,000 US dollars
- **Net income**: 1,629,000,000 US dollars
- **Life Sciences Solutions**: 2,387,000,000 US dollars
- **Analytical Instruments**: 1,808,000,000 US dollars
- **Specialty Diagnostics**: 1,129,000,000 US dollars
- **Laboratory Products and Biopharma Services**: 5,740,000,000 US dollars
- **Rounding (calculated)**: 1,000,000 US dollars
- **Cost of revenues**: 6,270,000,000 US dollars
- **Selling, general and administrative expenses**: 2,098,000,000 US dollars
- **Research and development expenses**: 346,000,000 US dollars
- **Restructuring and other costs**: 45,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 11,065,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Eliminations**: negative 467,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Equity in earnings/(losses) of unconsolidated entities**: negative 14,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- The amounts that make up operating profit come to $1,839.00 M and operating profit is $1,838.00 M; the $1.00 M difference is within the rounding of the filed amounts.

## Chart details: Revenue by Product and Service (2 categories)

- Page: https://plicit.ai/financials/tmo/fy2024-q3-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/tmo-fy2024-q3-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2024-06-30 through 2024-09-28. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Total revenues**: 10,598,000,000 US dollars
- **Cost of revenue (calculated)**: 6,270,000,000 US dollars
- **Gross profit (calculated)**: 4,328,000,000 US dollars
- **Operating expenses (calculated)**: 2,489,000,000 US dollars
- **Operating income**: 1,838,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 96,000,000 US dollars
- **Income before income taxes**: 1,742,000,000 US dollars
- **Provision for income taxes**: 99,000,000 US dollars
- **Net income**: 1,629,000,000 US dollars
- **Product revenues revenue**: 6,148,000,000 US dollars
- **Service revenues revenue**: 4,450,000,000 US dollars
- **Product revenues cost of revenue**: 3,170,000,000 US dollars
- **Service revenues cost of revenue**: 3,100,000,000 US dollars
- **Selling, general and administrative expenses**: 2,098,000,000 US dollars
- **Research and development expenses**: 346,000,000 US dollars
- **Restructuring and other costs**: 45,000,000 US dollars
- **Equity in earnings/(losses) of unconsolidated entities**: negative 14,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- The amounts that make up operating profit come to $1,839.00 M and operating profit is $1,838.00 M; the $1.00 M difference is within the rounding of the filed amounts.

## Chart details: Revenue by Geography (2 categories)

- Page: https://plicit.ai/financials/tmo/fy2024-q3-income-statement/revenue-by-geography-2-categories
- Chart image: https://plicit.ai/charts/tmo-fy2024-q3-revenue-by-geography-2-categories-sankey.png

Income statement for 2024-06-30 through 2024-09-28. View: Geography (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 10,598,000,000 US dollars
- **Cost of revenue (calculated)**: 6,270,000,000 US dollars
- **Gross profit (calculated)**: 4,328,000,000 US dollars
- **Operating expenses (calculated)**: 2,489,000,000 US dollars
- **Operating income**: 1,838,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 96,000,000 US dollars
- **Income before income taxes**: 1,742,000,000 US dollars
- **Provision for income taxes**: 99,000,000 US dollars
- **Net income**: 1,629,000,000 US dollars
- **UNITED STATES**: 5,406,000,000 US dollars
- **Other**: 5,192,000,000 US dollars
- **Cost of revenues**: 6,270,000,000 US dollars
- **Selling, general and administrative expenses**: 2,098,000,000 US dollars
- **Research and development expenses**: 346,000,000 US dollars
- **Restructuring and other costs**: 45,000,000 US dollars
- **Equity in earnings/(losses) of unconsolidated entities**: negative 14,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- The amounts that make up operating profit come to $1,839.00 M and operating profit is $1,838.00 M; the $1.00 M difference is within the rounding of the filed amounts.