Thermo Fisher Scientific annual gross margin
2007
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2025
Thermo Fisher Scientific Gross Margin Growth & History (TMO)
Thermo Fisher Scientific's gross margin was 40.94% for fiscal 2025.
View full Thermo Fisher Scientific company overviewThermo Fisher Scientific annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 40.94% | −0.35 pp |
| 2024 | 2024-12-31 | 41.28% | +1.38 pp |
| 2023 | 2023-12-31 | 39.90% | −2.34 pp |
| 2022 | 2022-12-31 | 42.24% | — |
| 2017 | 2017-12-31 | 57.09% | +2.04 pp |
| 2016 | 2016-12-31 | 55.05% | −0.25 pp |
| 2015 | 2015-12-31 | 55.30% | +2.28 pp |
| 2014 | 2014-12-31 | 53.02% | +1.22 pp |
| 2013 | 2013-12-31 | 51.80% | +0.57 pp |
| 2012 | 2012-12-31 | 51.23% | +0.83 pp |
| 2011 | 2011-12-31 | 50.40% | +1.05 pp |
| 2010 | 2010-12-31 | 49.34% | +1.37 pp |
| 2009 | 2009-12-31 | 47.98% | −1.54 pp |
| 2008 | 2008-12-31 | 49.52% | +1.63 pp |
| 2007 | 2007-12-31 | 47.89% | — |
Thermo Fisher Scientific quarterly gross margin
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Q3.08
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
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Q3.11
Q4.11
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Q2.12
Q3.12
Q4.12
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Q4.14
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Q2.18
Q3.18
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Q1.19
Q2.19
Q3.19
Q4.19
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-27 | 40.70% | +0.10 pp |
| Q1 2026 | 2026-03-28 | 40.25% | — |
| Q4 2025 | 2025-12-31 | 41.02% | — |
| Q3 2025 | 2025-09-27 | 41.21% | — |
| Q2 2025 | 2025-06-28 | 40.61% | — |
| Q4 2019 | 2019-12-31 | 44.44% | −0.49 pp |
| Q3 2019 | 2019-09-28 | 44.05% | −0.12 pp |
| Q2 2019 | 2019-06-29 | 44.70% | −0.35 pp |
| Q1 2019 | 2019-03-30 | 44.20% | +0.12 pp |
| Q4 2018 | 2018-12-31 | 44.94% | +0.77 pp |
| Q3 2018 | 2018-09-29 | 44.17% | −0.78 pp |
| Q2 2018 | 2018-06-30 | 45.05% | −0.72 pp |
| Q1 2018 | 2018-03-31 | 44.08% | −1.94 pp |
| Q4 2017 | 2017-12-31 | 44.17% | −1.84 pp |
| Q3 2017 | 2017-09-30 | 44.96% | −0.78 pp |
| Q2 2017 | 2017-07-01 | 45.77% | −0.05 pp |
| Q1 2017 | 2017-04-01 | 46.02% | +0.44 pp |
| Q4 2016 | 2016-12-31 | 46.01% | −8.80 pp |
| Q3 2016 | 2016-10-01 | 45.74% | −9.30 pp |
| Q2 2016 | 2016-07-02 | 45.82% | −9.53 pp |
| Q1 2016 | 2016-04-02 | 45.59% | −10.50 pp |
| Q4 2015 | 2015-12-31 | 54.81% | +8.25 pp |
| Q3 2015 | 2015-09-26 | 55.04% | +8.68 pp |
| Q2 2015 | 2015-06-27 | 55.35% | +12.62 pp |
| Q1 2015 | 2015-03-28 | 56.09% | +14.59 pp |
| Q4 2014 | 2014-12-31 | 46.56% | +3.82 pp |
| Q3 2014 | 2014-09-27 | 46.35% | +4.12 pp |
| Q2 2014 | 2014-06-28 | 42.72% | +0.65 pp |
| Q1 2014 | 2014-03-29 | 41.50% | −0.37 pp |
| Q4 2013 | 2013-12-31 | 42.74% | −8.45 pp |
| Q3 2013 | 2013-09-28 | 42.23% | −8.82 pp |
| Q2 2013 | 2013-06-29 | 42.07% | −9.73 pp |
| Q1 2013 | 2013-03-30 | 41.87% | −8.99 pp |
| Q4 2012 | 2012-12-31 | 51.19% | −0.05 pp |
| Q3 2012 | 2012-09-29 | 51.05% | +1.03 pp |
| Q2 2012 | 2012-06-30 | 51.81% | +1.74 pp |
| Q1 2012 | 2012-03-31 | 50.86% | +0.65 pp |
| Q4 2011 | 2011-12-31 | 51.24% | −0.17 pp |
| Q3 2011 | 2011-10-01 | 50.02% | +1.13 pp |
| Q2 2011 | 2011-07-02 | 50.07% | +1.53 pp |
| Q1 2011 | 2011-04-02 | 50.22% | +1.61 pp |
| Q4 2010 | 2010-12-31 | 51.41% | +5.87 pp |
| Q3 2010 | 2010-10-02 | 48.88% | −0.32 pp |
| Q2 2010 | 2010-07-03 | 48.54% | −0.24 pp |
| Q1 2010 | 2010-04-03 | 48.60% | +0.03 pp |
| Q4 2009 | 2009-12-31 | 45.54% | — |
| Q3 2009 | 2009-09-26 | 49.20% | −0.05 pp |
| Q2 2009 | 2009-06-27 | 48.78% | −0.39 pp |
| Q1 2009 | 2009-03-28 | 48.57% | — |
| Q3 2008 | 2008-09-27 | 49.25% | — |
| Q2 2008 | 2008-06-28 | 49.18% | — |
Thermo Fisher Scientific gross margin trends
Between the periods ended 2007-12-31 and 2025-12-31, Thermo Fisher Scientific's gross margin decreased from 47.89% to 40.94%, a change of −6.95 percentage points. The latest reported quarter, Q2 2026, shows 40.70%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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