What is Thermo Fisher Scientific's SG&A?

Thermo Fisher Scientific (TMO) reported SG&A of $2.18B in Q1 2026.

How has Thermo Fisher Scientific's SG&A changed year-over-year?

Thermo Fisher Scientific's SG&A increased by 5.0% year-over-year, from $2.08B to $2.18B.

What is the long-term trend for Thermo Fisher Scientific's SG&A?

Over 3 years (2021 to 2024), Thermo Fisher Scientific's SG&A has grown at a 2.4% compound annual growth rate (CAGR), from $8.01B to $8.6B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Thermo Fisher Scientific TMO SG&A

SG&A at other companies

Becton, Dickinson and CompanyBDX

$1.21B+8.6%

Bio-Rad LaboratoriesBIO

$212.4M+1.7%

RevvityRVTY

$253.88M+1.7%

DanaherDHR

$1.86B+0.1%

RepligenRGEN

$76.54M+8.2%

TEC

Bio-TechneTECH

$109.34M-27.7%

Segments

By segment

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Laboratory Products and Biopharma Services$597M+1.5%

Life Sciences Solutions$496M+6.0%

Analytical Instruments$313M0.0%

Specialty Diagnostics$177M+3.5%

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

See full

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:SellingGeneralAndAdministrativeExpense.

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 SG&A?: Thermo Fisher Scientific (TMO) reported SG&A of $2.18B in Q1 2026.
How has Thermo Fisher Scientific's SG&A changed year-over-year?: Thermo Fisher Scientific's SG&A increased by 5.0% year-over-year, from $2.08B to $2.18B.
What is the long-term trend for Thermo Fisher Scientific's SG&A?: Over 3 years (2021 to 2024), Thermo Fisher Scientific's SG&A has grown at a 2.4% compound annual growth rate (CAGR), from $8.01B to $8.6B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.