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What changed in Thermo Fisher Scientific Inc.'s latest annual report

In the year ended 31 Dec 2025, Thermo Fisher Scientific Inc.'s revenue rose 3.9% to USD 44.56bn, from USD 42.88bn; net income rose 5.8% to USD 6.70bn, from USD 6.33bn; cash and cash equivalents rose 145.7% to USD 9.85bn, from USD 4.01bn.

Year ended 31 Dec 2025. Source: 10-K filed 26 Feb 2026, read it on SEC EDGAR.

USD 42.88bn to USD 44.56bn

Revenue, up 3.9% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue42.88bn44.56bnUp 3.9%
Net income6.33bn6.70bnUp 5.8%
Total assets97.32bn110.34bnUp 13.4%
Long-term debt31.07bn39.17bnUp 26.1%
Cash and cash equivalents4.01bn9.85bnUp 145.7%
Shareholders' equity49.58bn53.41bnUp 7.7%

Questions people ask

Did Thermo Fisher Scientific Inc.'s revenue grow last year?

Revenue grew 3.9%, from USD 42.88bn to USD 44.56bn in the year ended 31 Dec 2025.

Is Thermo Fisher Scientific Inc. profitable?

Yes. Net income was USD 6.70bn in the year ended 31 Dec 2025. The year before: USD 6.33bn.

How much cash and debt does Thermo Fisher Scientific Inc. have?

At its latest year end (31 Dec 2025), Thermo Fisher Scientific Inc. reported cash and cash equivalents of USD 9.85bn and long-term debt of USD 39.17bn.

Where do these numbers come from?

From Thermo Fisher Scientific Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Thermo Fisher Scientific Inc. (TMO) 10-K: what changed year on year | LYNORIQ Insights