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Thermo Fisher Scientific TMO Service revenues — Cost of revenues
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Where this comes from
Reported directly by Thermo Fisher Scientific in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
The source filing: Thermo Fisher Scientific’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 11:00 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000097745-26-000092
| (In millions except per share amounts) | Three months ended / March 28, 2026 | March 29, 2025 |
|---|---|---|
| Total revenues | 11,005 | 10,364 |
| Costs and operating expenses: | ||
| Cost of product revenues | 3,261 | 3,125 |
| Cost of service revenues | 3,314 | 3,004 |
| Selling, general and administrative expenses | 2,181 | 2,078 |
| Research and development expenses | 336 | 342 |
| Restructuring and other costs | 49 | 98 |
| Total costs and operating expenses | 9,142 | 8,648 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Thermo Fisher Scientific's service revenues — cost of revenues?
- Thermo Fisher Scientific (TMO) reported service revenues — cost of revenues of $3.31B in Q1 2026.
- How has Thermo Fisher Scientific's service revenues — cost of revenues changed year-over-year?
- Thermo Fisher Scientific's service revenues — cost of revenues increased by 10.3% year-over-year, from $3B to $3.31B.
- What is the long-term trend for Thermo Fisher Scientific's service revenues — cost of revenues?
- Over 4 years (2021 to 2025), Thermo Fisher Scientific's service revenues — cost of revenues has grown at a 21.2% compound annual growth rate (CAGR), from $5.98B to $12.91B.
- What does service revenues — cost of revenues mean?
- This metric tracks the direct costs associated with delivering service-based offerings, including labor, parts, and logistics required to maintain or support scientific equipment and laboratory services. It is used to evaluate the operational efficiency and profitability of the service segment. Analyzing this cost structure helps determine if the company is effectively scaling its service operations without disproportionate increases in overhead.
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