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

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

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.