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

- Company: THERMO FISHER SCIENTIFIC INC. (TMO)
- Period: 2024-01-01 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-ytd-q3-income-statement
- Chart image: https://plicit.ai/charts/tmo-fy2024-ytd-q3-income-statement-sankey.png

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

Income statement for 2024-01-01 through 2024-09-28. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 31,484,000,000 US dollars
- **Cost of revenue (calculated)**: 18,604,000,000 US dollars
- **Gross profit (calculated)**: 12,880,000,000 US dollars
- **Operating expenses (calculated)**: 7,559,000,000 US dollars
- **Operating income**: 5,321,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 225,000,000 US dollars
- **Income before income taxes**: 5,096,000,000 US dollars
- **Provision for income taxes**: 507,000,000 US dollars
- **Net income**: 4,514,000,000 US dollars
- **Consumables**: 13,070,000,000 US dollars
- **Instruments**: 5,196,000,000 US dollars
- **Services**: 13,218,000,000 US dollars
- **Cost of revenues**: 18,604,000,000 US dollars
- **Selling, general and administrative expenses**: 6,392,000,000 US dollars
- **Research and development expenses**: 1,016,000,000 US dollars
- **Restructuring and other costs**: 151,000,000 US dollars
- **Equity in earnings/(losses) of unconsolidated entities**: negative 75,000,000 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.
- Of which attributable to THERMO FISHER SCIENTIFIC INC.: $4.51 B; to noncontrolling interests: $9.00 M.

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

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

Income statement for 2024-01-01 through 2024-09-28. View: Geography (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 31,484,000,000 US dollars
- **Cost of revenue (calculated)**: 18,604,000,000 US dollars
- **Gross profit (calculated)**: 12,880,000,000 US dollars
- **Operating expenses (calculated)**: 7,559,000,000 US dollars
- **Operating income**: 5,321,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 225,000,000 US dollars
- **Income before income taxes**: 5,096,000,000 US dollars
- **Provision for income taxes**: 507,000,000 US dollars
- **Net income**: 4,514,000,000 US dollars
- **North America**: 16,640,000,000 US dollars
- **Europe**: 7,968,000,000 US dollars
- **Asia-Pacific**: 5,755,000,000 US dollars
- **Other regions**: 1,122,000,000 US dollars
- **Cost of revenues**: 18,604,000,000 US dollars
- **Selling, general and administrative expenses**: 6,392,000,000 US dollars
- **Research and development expenses**: 1,016,000,000 US dollars
- **Restructuring and other costs**: 151,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 31,485,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Components above reported revenue (calculated)**: negative 1,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.
- **Equity in earnings/(losses) of unconsolidated entities**: negative 75,000,000 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.
- Of which attributable to THERMO FISHER SCIENTIFIC INC.: $4.51 B; to noncontrolling interests: $9.00 M.

## Chart details: Revenue by Business Segment

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

Income statement for 2024-01-01 through 2024-09-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 31,484,000,000 US dollars
- **Cost of revenue (calculated)**: 18,604,000,000 US dollars
- **Gross profit (calculated)**: 12,880,000,000 US dollars
- **Operating expenses (calculated)**: 7,559,000,000 US dollars
- **Operating income**: 5,321,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 225,000,000 US dollars
- **Income before income taxes**: 5,096,000,000 US dollars
- **Provision for income taxes**: 507,000,000 US dollars
- **Net income**: 4,514,000,000 US dollars
- **Life Sciences Solutions**: 7,027,000,000 US dollars
- **Analytical Instruments**: 5,277,000,000 US dollars
- **Specialty Diagnostics**: 3,355,000,000 US dollars
- **Laboratory Products and Biopharma Services**: 17,221,000,000 US dollars
- **Rounding (calculated)**: 1,000,000 US dollars
- **Cost of revenues**: 18,604,000,000 US dollars
- **Selling, general and administrative expenses**: 6,392,000,000 US dollars
- **Research and development expenses**: 1,016,000,000 US dollars
- **Restructuring and other costs**: 151,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 32,881,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Eliminations**: negative 1,397,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Equity in earnings/(losses) of unconsolidated entities**: negative 75,000,000 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.
- Of which attributable to THERMO FISHER SCIENTIFIC INC.: $4.51 B; to noncontrolling interests: $9.00 M.

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

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

Income statement for 2024-01-01 through 2024-09-28. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Total revenues**: 31,484,000,000 US dollars
- **Cost of revenue (calculated)**: 18,604,000,000 US dollars
- **Gross profit (calculated)**: 12,880,000,000 US dollars
- **Operating expenses (calculated)**: 7,559,000,000 US dollars
- **Operating income**: 5,321,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 225,000,000 US dollars
- **Income before income taxes**: 5,096,000,000 US dollars
- **Provision for income taxes**: 507,000,000 US dollars
- **Net income**: 4,514,000,000 US dollars
- **Product revenues revenue**: 18,266,000,000 US dollars
- **Service revenues revenue**: 13,218,000,000 US dollars
- **Product revenues cost of revenue**: 9,189,000,000 US dollars
- **Service revenues cost of revenue**: 9,415,000,000 US dollars
- **Selling, general and administrative expenses**: 6,392,000,000 US dollars
- **Research and development expenses**: 1,016,000,000 US dollars
- **Restructuring and other costs**: 151,000,000 US dollars
- **Equity in earnings/(losses) of unconsolidated entities**: negative 75,000,000 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.
- Of which attributable to THERMO FISHER SCIENTIFIC INC.: $4.51 B; to noncontrolling interests: $9.00 M.

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

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

Income statement for 2024-01-01 through 2024-09-28. View: Geography (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 31,484,000,000 US dollars
- **Cost of revenue (calculated)**: 18,604,000,000 US dollars
- **Gross profit (calculated)**: 12,880,000,000 US dollars
- **Operating expenses (calculated)**: 7,559,000,000 US dollars
- **Operating income**: 5,321,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 225,000,000 US dollars
- **Income before income taxes**: 5,096,000,000 US dollars
- **Provision for income taxes**: 507,000,000 US dollars
- **Net income**: 4,514,000,000 US dollars
- **UNITED STATES**: 16,075,000,000 US dollars
- **Other**: 15,409,000,000 US dollars
- **Cost of revenues**: 18,604,000,000 US dollars
- **Selling, general and administrative expenses**: 6,392,000,000 US dollars
- **Research and development expenses**: 1,016,000,000 US dollars
- **Restructuring and other costs**: 151,000,000 US dollars
- **Equity in earnings/(losses) of unconsolidated entities**: negative 75,000,000 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.
- Of which attributable to THERMO FISHER SCIENTIFIC INC.: $4.51 B; to noncontrolling interests: $9.00 M.