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

Revenue by Product and Service (2 categories)

2024-06-30 to 2024-09-28

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THERMO FISHER SCIENTIFIC INC. (TMO) FY2024 Q3 P&L / Income StatementIncome statement for 2024-06-30 through 2024-09-28. View: Product and service (2 categories). Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProduct revenues revenueService revenues revenueTotal revenuesGross profit (calculated)Cost of revenue (calculated)Product revenues cost of revenueService revenues cost of revenueOperating incomeOperating expenses (calculated)Selling, general and administrative expensesResearch and development expensesRestructuring and other costsIncome before income taxesOther income (expense), net (calculated)Net incomeProvision for income taxesEquity in earnings/(losses) of unconsolidated entitiesGross profit (calculated)Gross profit(calculated)$4.33 BTotal revenuesTotal revenues$10.60 BOperating incomeOperating income$1.84 BIncome before income taxesPretax income$1.74 BNet incomeNet income$1.63 BProduct revenues revenueProduct revenues$6.15 BOperating expenses (calculated)Operating expenses(calculated)$2.49 BProvision for income taxesProvision forincome taxes$99.00 MSelling, general and administrative expensesSelling, general andadministrative expenses$2.10 BOther income (expense), net (calculated)Other income,net (calculated)−$96.00 MCost of revenue (calculated)Cost of revenue(calculated)$6.27 BResearch and development expensesResearch anddevelopment expenses$346.00 MEquity in earnings/(losses) of unconsolidated entitiesEquity inearnings/(losses)of unconsolidated…−$14.00 MService revenues revenueService revenues$4.45 BRestructuring and other costsRestructuring and other costs$45.00 MProduct revenues cost of revenueProduct revenues$3.17 BService revenues cost of revenueService revenues$3.10 B
Chart details

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

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.
THERMO FISHER SCIENTIFIC INC. (TMO) FY2024 Q3 Revenue by Product and Service (2 categories) Sankey chart
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Gross margin

40.8%

Gross profit / revenue

Operating margin

17.3%

Operating profit / revenue

Cash conversion

133.0%

Operating cash / net income, same period

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