Discontinued — last reported Q1 '26

Current Assets

Inventories

Thermo Fisher Scientific Inventories increased by 1.3% to $5.50B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.2%, from $5.22B to $5.50B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 6.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 1, 2026

How to read this metric

Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.

Detailed definition

The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...

Peer comparison

Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.

Metric ID: inventories

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$4.63B$4.91B$5.05B$5.48B$5.67B$5.72B$5.63B$5.66B$5.66B$5.40B$5.09B$5.13B$5.20B$5.43B$4.98B$5.22B$5.56B$5.75B$5.43B$5.50B
QoQ Change+6.1%+3.0%+8.6%+3.4%+1.0%-1.5%+0.5%-0.2%-4.4%-5.8%+0.9%+1.3%+4.5%-8.3%+4.9%+6.4%+3.3%-5.6%+1.3%
YoY Change+22.6%+16.6%+11.5%+3.3%-0.2%-5.6%-9.7%-9.4%-8.1%+0.5%-2.2%+1.8%+6.9%+5.8%+9.0%+5.2%
Range$4.63B$5.75B
CAGR+3.7%
Avg YoY Growth+3.0%
Median YoY Growth+2.5%

Frequently Asked Questions

What is Thermo Fisher Scientific's inventories?
Thermo Fisher Scientific (TMO) reported inventories of $5.50B in Q1 2026.
How has Thermo Fisher Scientific's inventories changed year-over-year?
Thermo Fisher Scientific's inventories increased by 5.2% year-over-year, from $5.22B to $5.50B.
What is the long-term trend for Thermo Fisher Scientific's inventories?
Over 5 years (2020 to 2025), Thermo Fisher Scientific's inventories has grown at a 6.1% compound annual growth rate (CAGR), from $4.03B to $5.43B.
What does inventories mean?
The total value of all goods held for production or sale.