TMO · Q1 FY26 · Mar 28, 2026
Thermo Fisher Scientific Q1 FY26: where the revenue came from and where it went
Thermo Fisher Scientific Q1 FY26: revenue $11B (+6% year over year). Net profit $1.7B. Largest cohort Service $4.7B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Mar 28, 2026
- Reported
- May 1, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$11B
+6% year over year
Gross profit$4.4B
40% margin
Operating profit$1.9B
17% margin
Net profit$1.7B
15% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 11 | 100% | +6% |
| Service | 4.7 | 43% | +8% |
| Consumables | 4.7 | 43% | +8% |
| Instruments | 1.6 | 15% | −4% |
| Cost of revenue | −6.7 | 61% | |
| Gross profit | 4.4 | 40% margin | +0pp |
| Research & development | −0.3 | 3% | +0pp |
| SG&A | −2.2 | 20% | +0pp |
| Operating profit | 1.9 | 17% margin | +0pp |
| Tax | −0.1 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 1.7 | 15% | +0pp |
Older quarters
-
Q4 FY25 12/2025Revenue $12.2B Net margin 16%
-
Q3 FY25 9/2025Revenue $11.1B Net margin 15%
-
Q2 FY25 6/2025Revenue $10.9B Net margin 15%
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