Business Segments · Cost of revenues
Analytical Instruments — Cost of revenues
Thermo Fisher Scientific Analytical Instruments — Cost of revenues decreased by 23.0% to $876M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $835M to $876M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026May 1, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
A rising ratio relative to revenue suggests margin compression, while a falling ratio indicates improved manufacturing efficiency or pricing power.
Detailed definition
The direct costs associated with producing and delivering the scientific instruments sold by the segment, including raw...
Peer comparison
Standard cost-of-goods-sold metric used across all manufacturing-based business segments.
Metric ID:
tmo_segment_analytical_instruments_cost_of_revenuesHistorical Data
11 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $866.75M | $866.75M | $866.75M | $866.75M | $878M | $1B | $835M | $903M | $975M | $1.14B | $876M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +1.3% | +14.2% | -16.7% | +8.1% | +8.0% | +16.6% | -23.0% |
| YoY Change | — | — | — | — | +1.3% | +15.7% | — | — | +11.0% | +13.4% | +4.9% |
Range$835M – $1.14B
CAGR+0.4%
Avg YoY Growth+9.3%
Median YoY Growth+11.0%
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Frequently Asked Questions
- What is Thermo Fisher Scientific's analytical instruments — cost of revenues?
- Thermo Fisher Scientific (TMO) reported analytical instruments — cost of revenues of $876M in Q1 2026.
- How has Thermo Fisher Scientific's analytical instruments — cost of revenues changed year-over-year?
- Thermo Fisher Scientific's analytical instruments — cost of revenues increased by 4.9% year-over-year, from $835M to $876M.
- What does analytical instruments — cost of revenues mean?
- The direct costs to manufacture and deliver products sold by the segment.