Product — Cost of revenues
Products & Services · Cost of revenuesThermo Fisher Scientific Product — Cost of revenues increased by 4.7% to $3.32B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $3.17B to $3.32B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests margin compression due to rising input costs or manufacturing inefficiencies, while a decrease relative to revenue suggests improved operational leverage or better supply chain management.
Detailed definition
This metric captures the direct costs associated with manufacturing, sourcing, and delivering the physical products sold...
Peer comparison
Comparable to Cost of Goods Sold (COGS) in manufacturing-heavy industries, this metric is standard for benchmarking production efficiency against other life science equipment manufacturers.
tmo_segment_product_revenues_cost_of_revenuesHistorical Data
| Q2 '21 | Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $3.35B | $3.56B | $3.52B | $3.29B | $3.29B | $3.29B | $3.29B | $3.17B | $3.32B |
| QoQ Change | — | +6.1% | -1.1% | -6.4% | +0.0% | +0.0% | +0.0% | -3.7% | +4.7% |
| YoY Change | — | — | +4.9% | -7.4% | -6.4% | — | — | -3.7% | +4.7% |
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Frequently Asked Questions
- What is Thermo Fisher Scientific's product — cost of revenues?
- Thermo Fisher Scientific (TMO) reported product — cost of revenues of $3.32B in Q3 2025.
- How has Thermo Fisher Scientific's product — cost of revenues changed year-over-year?
- Thermo Fisher Scientific's product — cost of revenues increased by 4.7% year-over-year, from $3.17B to $3.32B.
- What does product — cost of revenues mean?
- The total direct costs incurred to manufacture and deliver the physical products sold by the company.