THERMO FISHER SCIENTIFIC INC. (TMO) FY2025 Q1 P&L / Income Statement

THERMO FISHER SCIENTIFIC INC. (TMO) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-29. View: Business segment (15 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

10,364,000,000 US dollars

Cost of revenue (calculated)

6,129,000,000 US dollars

Gross profit (calculated)

4,235,000,000 US dollars

Operating expenses (calculated)

2,519,000,000 US dollars

Operating income

1,716,000,000 US dollars

Other income (expense), net (calculated)

negative 96,000,000 US dollars

Income before income taxes

1,620,000,000 US dollars

Benefit from/(provision for) income taxes

95,000,000 US dollars

Net income

1,511,000,000 US dollars

Chromatography and mass spectrometry

773,000,000 US dollars

Chemical analysis

286,000,000 US dollars

Electron microscopy

659,000,000 US dollars

Laboratory products

582,000,000 US dollars

Research and safety market channel

1,727,000,000 US dollars

Pharma services

1,607,000,000 US dollars

Clinical research

1,939,000,000 US dollars

Biosciences

993,000,000 US dollars

Genetic sciences

677,000,000 US dollars

BioProduction

671,000,000 US dollars

Clinical diagnostics

263,000,000 US dollars

ImmunoDiagnostics

217,000,000 US dollars

Microbiology

152,000,000 US dollars

Transplant diagnostics

113,000,000 US dollars

Healthcare market channel

474,000,000 US dollars

Cost of revenues

6,129,000,000 US dollars

Selling, general and administrative expenses

2,078,000,000 US dollars. Source detail retained; this breakdown has not reconciled exactly and is not drawn.

Research and development expenses

342,000,000 US dollars. Source detail retained; this breakdown has not reconciled exactly and is not drawn.

Restructuring and other costs

98,000,000 US dollars. Source detail retained; this breakdown has not reconciled exactly and is not drawn.

Revenue before reconciliation (calculated)

11,133,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Components above reported revenue (calculated)

negative 769,000,000 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 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.
• Of which attributable to THERMO FISHER SCIENTIFIC INC.: $1.51 B; to noncontrolling interests: $4.00 M.