Deferred Revenue

Current Liabilities

Thermo Fisher Scientific Deferred Revenue decreased by 5.0% to $2.71B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.0%, from $2.85B to $2.71B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 16.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2012
Last reportedQ4 2025

How to read this metric

An increase is a strong leading indicator of future revenue growth and healthy sales momentum.

Detailed definition

Cash collected from customers in advance of providing services or delivering products, expected to be recognized as reve...

Peer comparison

A critical metric for SaaS and cloud peers (like Salesforce or Amazon) to gauge the health of the subscription pipeline.

Metric ID: deferred_revenue_current

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$1.47B$1.44B$2.66B$2.87B$2.72B$2.57B$2.60B$2.66B$2.59B$2.55B$2.69B$2.63B$2.59B$2.66B$2.85B$2.87B$2.81B$2.85B$2.71B
QoQ Change-1.9%+84.1%+8.1%-5.2%-5.7%+1.3%+2.3%-2.7%-1.7%+5.6%-2.1%-1.6%+2.8%+7.1%+0.5%-2.1%+1.7%-5.0%
YoY Change+85.2%+78.0%-2.0%-7.3%-4.8%-0.8%+3.4%-1.1%+0.0%+4.6%+6.1%+8.9%+8.3%+7.1%-5.0%
Range$1.44B$2.87B
CAGR+14.6%
Avg YoY Growth+12.0%
Median YoY Growth+3.4%

Frequently Asked Questions

What is Thermo Fisher Scientific's deferred revenue?
Thermo Fisher Scientific (TMO) reported deferred revenue of $2.71B in Q4 2025.
How has Thermo Fisher Scientific's deferred revenue changed year-over-year?
Thermo Fisher Scientific's deferred revenue decreased by 5.0% year-over-year, from $2.85B to $2.71B.
What is the long-term trend for Thermo Fisher Scientific's deferred revenue?
Over 5 years (2020 to 2025), Thermo Fisher Scientific's deferred revenue has grown at a 16.3% compound annual growth rate (CAGR), from $1.27B to $2.71B.
What does deferred revenue mean?
Money already collected for work or software that hasn't been delivered yet.

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