Discontinued — last reported Q1 '20

Contract Liabilities

Current Liabilities

Thermo Fisher Scientific Contract Liabilities increased by 3.3% to $1.16B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 18.8%, from $1.43B to $1.16B. Over 4 years (FY 2020 to FY 2024), Contract Liabilities shows an upward trend with a 10.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ3 2018
Last reportedQ1 2020

How to read this metric

An increase is a positive sign of strong sales momentum and future revenue growth, while a decrease may suggest slowing bookings.

Detailed definition

Payments received from customers in advance of the company delivering products or performing services, often referred to...

Peer comparison

This is a primary metric for cloud peers like Salesforce or Amazon Web Services to track the health of their subscription pipelines.

Metric ID: contract_liabilities

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$781.00M$822.00M$1.24B$1.29B$1.24B$1.20B$1.18B$1.17B$1.10B$1.35B$1.50B$1.43B$1.46B$1.43B$1.14B$1.13B$1.12B$1.16B
QoQ Change+5.2%+50.6%+4.5%-4.4%-3.0%-1.8%-0.6%-6.3%+22.8%+11.2%-4.8%+2.0%-1.9%-20.3%-1.0%-0.4%+3.3%
YoY Change+58.4%+46.0%-4.8%-9.4%-11.2%+12.3%+27.1%+21.8%+32.5%+5.9%-24.1%-21.0%-22.9%-18.8%
Range$781.00M$1.50B
CAGR+9.7%
Avg YoY Growth+6.6%
Median YoY Growth+0.6%

Frequently Asked Questions

What is Thermo Fisher Scientific's contract liabilities?
Thermo Fisher Scientific (TMO) reported contract liabilities of $1.16B in Q3 2025.
How has Thermo Fisher Scientific's contract liabilities changed year-over-year?
Thermo Fisher Scientific's contract liabilities decreased by 18.8% year-over-year, from $1.43B to $1.16B.
What is the long-term trend for Thermo Fisher Scientific's contract liabilities?
Over 4 years (2020 to 2024), Thermo Fisher Scientific's contract liabilities has grown at a 10.5% compound annual growth rate (CAGR), from $763.00M to $1.14B.
What does contract liabilities mean?
Money customers have already paid for services or software that the company hasn't fully provided yet.

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