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.
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.
This metric tracks the direct costs associated with delivering service-based offerings, including labor, parts, and logi...
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.
tmo_segment_service_revenues_cost_of_revenues| Q2 '21 | Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q3 '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% |
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