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Contract Assets at other companies

Idexx Laboratories logo
Idexx LaboratoriesIDXX
$77.7M+23.5%

Other financials

Income statement

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Revenue$12.0B
Operating income$2.1B
Net income$1.7B+7.4%
EPS (diluted)$4.68+9.3%

Balance sheet

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Cash & equivalents$4.1B-11.7%
Total debt$39.2B+4.6%
Total equity$52.7B+4.3%
Total assets$113.17B+11.8%

Cash flow

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Operating cash flow$2.1B+51.9%
CapEx-$1.2B-509%
Free cash flow$923.0M-16.5%

Valuation

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Market cap$219.63B+25.8%
Enterprise value$254.75B+22.8%
P/E31.5×+5.0×
P/S4.9×-1.0×

Profitability

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Gross margin58.3%
Operating margin17.2%+0.8pp
Net margin15.2%+1.0pp
FCF margin15.7%-2.1pp

Returns & leverage

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Return on equity13.5%+0.1pp
Debt / equity0.7×0.0×
Current ratio1.6×-0.4×

Where this comes from

Reported directly by Thermo Fisher Scientific in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The source filing: Thermo Fisher Scientific’s 10-Q, filed May 1, 2026. Open the filing →

Filed
May 1, 2026, 11:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000097745-26-000092

FAQ

What is Thermo Fisher Scientific's contract assets?
Thermo Fisher Scientific (TMO) reported contract assets of $1.68B in Q1 2026.
How has Thermo Fisher Scientific's contract assets changed year-over-year?
Thermo Fisher Scientific's contract assets increased by 23.3% year-over-year, from $1.37B to $1.68B.
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 $731M to $1.67B.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

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