Thermo Fisher Scientific Analytical Instruments — Cost of revenues increased by 11.0% to $975.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.0%, from $878.00M to $975.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising ratio relative to revenue suggests margin compression, while a falling ratio indicates improved manufacturing efficiency or pricing power.
The direct costs associated with producing and delivering the scientific instruments sold by the segment, including raw...
Standard cost-of-goods-sold metric used across all manufacturing-based business segments.
tmo_segment_analytical_instruments_cost_of_revenues| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q3 '25 | |
|---|---|---|---|---|---|---|
| Value | $866.75M | $866.75M | $866.75M | $866.75M | $878.00M | $975.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +1.3% | +11.0% |
| YoY Change | — | — | — | — | +1.3% | +11.0% |
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