Contract Assets

Current Assets

Thermo Fisher Scientific Contract Assets increased by 2.8% to $1.67B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.1%, from $1.44B to $1.67B. Over 5 years (FY 2020 to FY 2025), Contract Assets shows an upward trend with a 17.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ2 2018
Last reportedQ4 2025

How to read this metric

An increase suggests strong project progress or service delivery ahead of billing cycles; a decrease may indicate slower project completion or faster billing.

Detailed definition

This represents the entity's right to consideration in exchange for goods or services that the entity has transferred to...

Peer comparison

Standard for companies with long-term service or construction-type contracts.

Metric ID: contract_assets

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$804.00M$808.00M$968.00M$1.06B$1.15B$1.25B$1.31B$1.38B$1.47B$1.47B$1.44B$1.42B$1.49B$1.54B$1.44B$1.37B$1.44B$1.62B$1.67B
QoQ Change+0.5%+19.8%+9.9%+7.8%+8.8%+5.1%+4.8%+6.7%-0.1%-1.5%-1.5%+4.6%+3.6%-6.9%-4.8%+5.5%+12.4%+2.8%
YoY Change+42.7%+54.5%+35.5%+29.2%+27.9%+17.4%+10.0%+3.4%+1.4%+5.2%-0.6%-3.9%-3.1%+5.1%+16.1%
Range$804.00M$1.67B
CAGR+17.6%
Avg YoY Growth+16.1%
Median YoY Growth+10.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is Thermo Fisher Scientific's contract assets?
Thermo Fisher Scientific (TMO) reported contract assets of $1.67B in Q4 2025.
How has Thermo Fisher Scientific's contract assets changed year-over-year?
Thermo Fisher Scientific's contract assets increased by 16.1% year-over-year, from $1.44B to $1.67B.
What is the long-term trend for Thermo Fisher Scientific's contract assets?
Over 5 years (2020 to 2025), Thermo Fisher Scientific's contract assets has grown at a 17.9% compound annual growth rate (CAGR), from $731.00M to $1.67B.
What does contract assets mean?
Revenue earned for work performed but not yet billed to the customer.

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