Current Assets

Finished goods

Thermo Fisher Scientific Finished goods decreased by 1.1% to $2.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.7%, from $2.49B to $2.63B. Over 5 years (FY 2020 to FY 2025), Finished goods shows an upward trend with a 4.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 1, 2026

How to read this metric

A decrease relative to sales may indicate strong demand, while an increase may signal slowing sales or inventory accumulation.

Detailed definition

This represents the value of completed products ready for sale to customers, net of any reserves for obsolescence or slo...

Peer comparison

Standard inventory metric for all manufacturing and industrial companies.

Metric ID: current_assets_inventory_finished_goods_net_of_reserves

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.35B$2.39B$2.45B$2.63B$2.63B$2.64B$2.57B$2.54B$2.53B$2.44B$2.33B$2.31B$2.40B$2.57B$2.42B$2.49B$2.67B$2.77B$2.66B$2.63B
QoQ Change+1.5%+2.8%+7.0%+0.3%+0.2%-2.7%-1.1%-0.5%-3.5%-4.6%-0.8%+3.9%+7.1%-5.8%+2.8%+7.1%+4.0%-4.0%-1.1%
YoY Change+12.0%+10.6%+4.7%-3.2%-4.1%-7.7%-9.5%-9.1%-5.1%+5.4%+4.0%+7.8%+11.1%+7.8%+9.9%+5.7%
Range$2.31B$2.77B
CAGR+2.4%
Avg YoY Growth+2.5%
Median YoY Growth+5.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Thermo Fisher Scientific's finished goods?
Thermo Fisher Scientific (TMO) reported finished goods of $2.63B in Q1 2026.
How has Thermo Fisher Scientific's finished goods changed year-over-year?
Thermo Fisher Scientific's finished goods increased by 5.7% year-over-year, from $2.49B to $2.63B.
What is the long-term trend for Thermo Fisher Scientific's finished goods?
Over 5 years (2020 to 2025), Thermo Fisher Scientific's finished goods has grown at a 4.0% compound annual growth rate (CAGR), from $2.18B to $2.66B.
What does finished goods mean?
The value of completed products ready for sale, after accounting for potential losses.