Business Segments · Cost of revenues
Specialty Diagnostics — Cost of revenues
Thermo Fisher Scientific Specialty Diagnostics — Cost of revenues decreased by 8.4% to $657M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.2%, from $679M to $657M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026May 1, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
A rising ratio relative to revenue suggests margin compression, while a falling ratio indicates improved manufacturing efficiency.
Detailed definition
The direct costs attributable to the production and delivery of diagnostic products and services within the Specialty Di...
Peer comparison
Standard metric for assessing gross margin health across the life sciences industry.
Metric ID:
tmo_segment_specialty_diagnostics_cost_of_revenuesHistorical Data
11 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $646M | $646M | $646M | $646M | $668M | $686M | $679M | $640M | $682M | $717M | $657M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +3.4% | +2.7% | -1.0% | -5.7% | +6.6% | +5.1% | -8.4% |
| YoY Change | — | — | — | — | +3.4% | +6.2% | — | — | +2.1% | +4.5% | -3.2% |
Range$640M – $717M
CAGR+0.7%
Avg YoY Growth+2.6%
Median YoY Growth+3.4%
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Frequently Asked Questions
- What is Thermo Fisher Scientific's specialty diagnostics — cost of revenues?
- Thermo Fisher Scientific (TMO) reported specialty diagnostics — cost of revenues of $657M in Q1 2026.
- How has Thermo Fisher Scientific's specialty diagnostics — cost of revenues changed year-over-year?
- Thermo Fisher Scientific's specialty diagnostics — cost of revenues decreased by 3.2% year-over-year, from $679M to $657M.
- What does specialty diagnostics — cost of revenues mean?
- The direct costs required to produce and sell the goods and services in the Specialty Diagnostics segment.