Service — Cost of revenues

Products & Services · Cost of revenues

Thermo Fisher Scientific Service — Cost of revenues increased by 3.9% to $3.22B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.9%, from $3.10B to $3.22B. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2025

How to read this metric

A decrease relative to service revenue suggests improved operational efficiency or better cost management in service delivery, while an increase may signal rising labor or supply chain costs.

Detailed definition

This metric tracks the direct costs associated with delivering service-based offerings, including labor, parts, and logi...

Peer comparison

Similar to 'Cost of Services' reported by other capital equipment manufacturers, this metric is benchmarked against service margins to assess competitive advantage in after-market support.

Metric ID: tmo_segment_service_revenues_cost_of_revenues

Historical Data

9 periods
 Q2 '21Q1 '22Q2 '22Q1 '23Q2 '23Q3 '23Q4 '23Q3 '24Q3 '25
Value$1.40B$2.80B$2.86B$3.15B$3.15B$3.15B$3.15B$3.10B$3.22B
QoQ Change+100.4%+2.0%+10.2%+0.0%+0.0%+0.0%-1.5%+3.9%
YoY Change+104.4%+12.4%+10.2%-1.5%+3.9%
Range$1.40B$3.22B
CAGR+51.8%
Avg YoY Growth+25.9%
Median YoY Growth+10.2%

Frequently Asked Questions

What is Thermo Fisher Scientific's service — cost of revenues?
Thermo Fisher Scientific (TMO) reported service — cost of revenues of $3.22B in Q3 2025.
How has Thermo Fisher Scientific's service — cost of revenues changed year-over-year?
Thermo Fisher Scientific's service — cost of revenues increased by 3.9% year-over-year, from $3.10B to $3.22B.
What does service — cost of revenues mean?
The direct expenses incurred to provide and maintain service-based offerings to customers.

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