What is Thermo Fisher Scientific's net income?

Thermo Fisher Scientific (TMO) reported net income of $1.66B in Q1 2026.

How has Thermo Fisher Scientific's net income changed year-over-year?

Thermo Fisher Scientific's net income increased by 9.6% year-over-year, from $1.51B to $1.66B.

What is the long-term trend for Thermo Fisher Scientific's net income?

Over 4 years (2021 to 2025), Thermo Fisher Scientific's net income has grown at a -3.4% compound annual growth rate (CAGR), from $7.73B to $6.72B.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Thermo Fisher Scientific TMO Net Income

Net Income at other companies

Becton, Dickinson and CompanyBDX

-$311M-201%

GLW

CorningGLW

$408M+121%

RevvityRVTY

$40.72M-3.6%

DanaherDHR

$1.03B+7.9%

Mesa LaboratoriesMLAB

$3.63M+317%

RepligenRGEN

$8.33M+42.9%

Other financials

Income statement

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Revenue$11.0B+6.2%

Operating income$1.9B+8.6%

Net income$1.7B+9.6%

EPS (diluted)$4.43+11.3%

Balance sheet

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Cash & equivalents$3.3B-21.4%

Total debt$43.2B+16.6%

Total equity$51.9B+5.2%

Total assets$113.28B+14.4%

Cash flow

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Operating cash flow$1.2B+64.9%

CapEx$376.0M+3.9%

Free cash flow$816.0M+126%

Valuation

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Market cap$187.95B+25.1%

Enterprise value$227.83B+24.5%

P/E27.5×+4.4×

P/S4.3×-0.8×

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

See full

Return on equity13.5%-0.2pp

Debt / equity0.8×+0.1×

Current ratio1.5×-0.2×

Where this comes from

Reported directly by Thermo Fisher Scientific in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: Thermo Fisher Scientific’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Thermo Fisher Scientific's net income?: Thermo Fisher Scientific (TMO) reported net income of $1.66B in Q1 2026.
How has Thermo Fisher Scientific's net income changed year-over-year?: Thermo Fisher Scientific's net income increased by 9.6% year-over-year, from $1.51B to $1.66B.
What is the long-term trend for Thermo Fisher Scientific's net income?: Over 4 years (2021 to 2025), Thermo Fisher Scientific's net income has grown at a -3.4% compound annual growth rate (CAGR), from $7.73B to $6.72B.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.