What is Thermo Fisher Scientific's finished goods?

Thermo Fisher Scientific (TMO) reported finished goods of $2.77B in Q3 2025.

How has Thermo Fisher Scientific's finished goods changed year-over-year?

Thermo Fisher Scientific's finished goods increased by 7.8% year-over-year, from $2.57B to $2.77B.

What is the long-term trend for Thermo Fisher Scientific's finished goods?

Over 4 years (2020 to 2024), Thermo Fisher Scientific's finished goods has grown at a 2.6% compound annual growth rate (CAGR), from $2.18B to $2.42B.

What does finished goods mean?

The value of completed products that are ready to be sold.

Discontinued — last reported Q3 '14

Finished goods

Current Assets

Thermo Fisher Scientific Finished goods increased by 4.0% to $2.77B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $2.57B to $2.77B. Over 4 years (FY 2020 to FY 2024), Finished goods shows an upward trend with a 2.6% CAGR.

Analysis

StatementBalance Sheet Statement

SectionCurrent Assets

CategoryEfficiency

SignalContext dependent

VolatilityModerate

First reportedQ4 2009

Last reportedQ3 2014

Parent metricInventories

How to read this metric

Rising levels relative to sales may indicate inventory buildup and potential future markdowns, while falling levels may signal strong demand.

Detailed definition

This represents the value of completed products ready for sale to customers. It is the final stage of the inventory cycl...

Peer comparison

Varies by business model; peers with just-in-time manufacturing will have lower levels than those with long supply chains.

Metric ID: inv_finished_goods

Historical Data

18 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25
Value	$2.35B	$2.39B	$2.45B	$2.63B	$2.63B	$2.64B	$2.57B	$2.54B	$2.53B	$2.44B	$2.33B	$2.31B	$2.40B	$2.57B	$2.42B	$2.49B	$2.67B	$2.77B
QoQ Change	—	+1.5%	+2.8%	+7.0%	+0.3%	+0.2%	-2.7%	-1.1%	-0.5%	-3.5%	-4.6%	-0.8%	+3.9%	+7.1%	-5.8%	+2.8%	+7.1%	+4.0%
YoY Change	—	—	—	—	+12.0%	+10.6%	+4.7%	-3.2%	-4.1%	-7.7%	-9.5%	-9.1%	-5.1%	+5.4%	+4.0%	+7.8%	+11.1%	+7.8%
% of Inventories	50.8%	48.6%	48.6%	47.9%	46.5%	46.1%	45.6%	44.8%	44.7%	45.1%	45.7%	45.0%	46.2%	47.3%	48.6%	47.6%	47.9%	48.2%
Share Change	—	-2.2pp	-0.1pp	-0.7pp	-1.4pp	-0.3pp	-0.5pp	-0.8pp	-0.2pp	+0.4pp	+0.6pp	-0.8pp	+1.2pp	+1.2pp	+1.3pp	-1.0pp	+0.3pp	+0.3pp

Range$2.31B – $2.77B

CAGR+3.9%

Avg YoY Growth+1.8%

Median YoY Growth+4.4%

Current Streak3 quarters growth

Frequently Asked Questions

What is Thermo Fisher Scientific's finished goods?: Thermo Fisher Scientific (TMO) reported finished goods of $2.77B in Q3 2025.
How has Thermo Fisher Scientific's finished goods changed year-over-year?: Thermo Fisher Scientific's finished goods increased by 7.8% year-over-year, from $2.57B to $2.77B.
What is the long-term trend for Thermo Fisher Scientific's finished goods?: Over 4 years (2020 to 2024), Thermo Fisher Scientific's finished goods has grown at a 2.6% compound annual growth rate (CAGR), from $2.18B to $2.42B.
What does finished goods mean?: The value of completed products that are ready to be sold.