TMO · Q2 FY26 · Mar 29 – Jun 27, 2026
Thermo Fisher Scientific Q2 FY26: where the revenue came from and where it went
Thermo Fisher Scientific Q2 FY26: revenue $12.0B (+10% year over year). Net profit $1.7B. Largest cohort Services $5.2B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Mar 29 – Jun 27, 2026
- Reported
- Jul 31, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$11.99B
+10% year over year
Gross profit$4.75B
40% margin
Operating profit$2.09B
17% margin
Net profit$1.74B
14% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 11.99 | 100% | +10% |
| Services | 5.17 | 43% | +12% |
| Product consumables | 5.07 | 42% | +10% |
| Product instruments | 1.75 | 15% | +6% |
| Cost of revenue | −7.24 | 60% | |
| Gross profit | 4.75 | 40% margin | +0pp |
| R&D | −0.36 | 3% | +0pp |
| SG&A | −2.30 | 19% | +0pp |
| Operating profit | 2.09 | 17% margin | +1pp |
| Tax | −0.17 | ||
| Interest & other costs | −0.18 | ||
| Net profit | 1.74 | 14% | +0pp |
Older quarters
-
Q1 FY26 3/2026Revenue $11.0B Net margin 15%
-
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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