Product revenues — Consolidated revenues
Thermo Fisher Scientific Product revenues — Consolidated revenues decreased by 13.4% to $6.28B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.0%, from $5.98B to $6.28B. Over 4 years (FY 2021 to FY 2025), Product revenues — Consolidated revenues shows a downward trend with a -3.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates strong market demand and successful product adoption, while a decrease may signal market saturation or competitive pressure on hardware and consumable sales.
Detailed definition
This metric represents the total gross income generated from the sale of physical goods, including scientific instrument...
Peer comparison
Peers in the life sciences and diagnostics sector typically report product revenue separately from service revenue to distinguish between recurring consumable sales and project-based service contracts.
tmo_segment_product_revenues_consolidated_revenuesHistorical Data
| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.21B | $7.36B | $7.93B | $8.02B | $7B | $6.58B | $6.95B | $6.4B | $6.27B | $6.16B | $6.41B | $5.96B | $6.16B | $6.15B | $6.77B | $5.98B | $6.25B | $6.49B | $7.25B | $6.28B |
| QoQ Change | — | +2.0% | +7.8% | +1.1% | -12.6% | -6.0% | +5.5% | -7.8% | -2.1% | -1.8% | +4.1% | -7.1% | +3.5% | -0.2% | +10.1% | -11.6% | +4.5% | +3.8% | +11.7% | -13.4% |
| YoY Change | — | — | — | — | -2.9% | -10.6% | -12.4% | -20.1% | -10.5% | -6.5% | -7.7% | -7.0% | -1.7% | -0.1% | +5.6% | +0.4% | +1.4% | +5.5% | +7.1% | +5.0% |
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Frequently Asked Questions
- What is Thermo Fisher Scientific's product revenues — consolidated revenues?
- Thermo Fisher Scientific (TMO) reported product revenues — consolidated revenues of $6.28B in Q1 2026.
- How has Thermo Fisher Scientific's product revenues — consolidated revenues changed year-over-year?
- Thermo Fisher Scientific's product revenues — consolidated revenues increased by 5.0% year-over-year, from $5.98B to $6.28B.
- What is the long-term trend for Thermo Fisher Scientific's product revenues — consolidated revenues?
- Over 4 years (2021 to 2025), Thermo Fisher Scientific's product revenues — consolidated revenues has grown at a -3.8% compound annual growth rate (CAGR), from $30.36B to $25.97B.
- What does product revenues — consolidated revenues mean?
- The total revenue generated specifically from the sale of physical scientific products and equipment.