Thermo Fisher Scientific annual r&d spending
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Thermo Fisher Scientific R&D Spending Growth & History (TMO)
Thermo Fisher Scientific's r&d spending was $1.40B for fiscal 2025.
View full Thermo Fisher Scientific company overviewThermo Fisher Scientific annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.40B | $7.0M | +0.50% |
| 2024 | 2024-12-31 | $1.39B | $53.0M | +3.96% |
| 2023 | 2023-12-31 | $1.34B | −$134.0M | −9.11% |
| 2022 | 2022-12-31 | $1.47B | $65.0M | +4.62% |
| 2021 | 2021-12-31 | $1.41B | $225.0M | +19.05% |
| 2020 | 2020-12-31 | $1.18B | $178.0M | +17.75% |
| 2019 | 2019-12-31 | $1.00B | $36.0M | +3.72% |
| 2018 | 2018-12-31 | $967.0M | $80.0M | +9.02% |
| 2017 | 2017-12-31 | $887.0M | $133.0M | +17.64% |
| 2016 | 2016-12-31 | $754.0M | $62.0M | +8.96% |
| 2015 | 2015-12-31 | $692.0M | $900,000 | +0.13% |
| 2014 | 2014-12-31 | $691.1M | $295.6M | +74.74% |
| 2013 | 2013-12-31 | $395.5M | $19.1M | +5.07% |
| 2012 | 2012-12-31 | $376.4M | $36.2M | +10.64% |
| 2011 | 2011-12-31 | $340.2M | $55.8M | +19.62% |
| 2010 | 2010-12-31 | $284.4M | $40.6M | +16.65% |
| 2009 | 2009-12-31 | $243.8M | −$5.3M | −2.13% |
| 2008 | 2008-12-31 | $249.1M | $10.4M | +4.36% |
| 2007 | 2007-12-31 | $238.7M | — | — |
Thermo Fisher Scientific quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-27 | $364.0M | $12.0M | +3.41% |
| Q1 2026 | 2026-03-28 | $336.0M | −$6.0M | −1.75% |
| Q4 2025 | 2025-12-31 | $357.0M | −$17.0M | −4.55% |
| Q3 2025 | 2025-09-27 | $346.0M | $0 | 0.00% |
| Q2 2025 | 2025-06-28 | $352.0M | $13.0M | +3.83% |
| Q1 2025 | 2025-03-29 | $342.0M | $11.0M | +3.32% |
| Q4 2024 | 2024-12-31 | $374.0M | $47.0M | +14.37% |
| Q3 2024 | 2024-09-28 | $346.0M | $27.0M | +8.46% |
| Q2 2024 | 2024-06-29 | $339.0M | −$6.0M | −1.74% |
| Q1 2024 | 2024-03-30 | $331.0M | −$15.0M | −4.34% |
| Q4 2023 | 2023-12-31 | $327.0M | −$64.0M | −16.37% |
| Q3 2023 | 2023-09-30 | $319.0M | −$32.0M | −9.12% |
| Q2 2023 | 2023-07-01 | $345.0M | −$20.0M | −5.48% |
| Q1 2023 | 2023-04-01 | $346.0M | −$18.0M | −4.95% |
| Q4 2022 | 2022-12-31 | $391.0M | −$1.0M | −0.26% |
| Q3 2022 | 2022-10-01 | $351.0M | $0 | 0.00% |
| Q2 2022 | 2022-07-02 | $365.0M | $22.0M | +6.41% |
| Q1 2022 | 2022-04-02 | $364.0M | $44.0M | +13.75% |
| Q4 2021 | 2021-12-31 | $392.0M | $16.0M | +4.26% |
| Q3 2021 | 2021-10-02 | $351.0M | $55.0M | +18.58% |
| Q2 2021 | 2021-07-03 | $343.0M | $79.0M | +29.92% |
| Q1 2021 | 2021-04-03 | $320.0M | $75.0M | +30.61% |
| Q4 2020 | 2020-12-31 | $376.0M | $114.0M | +43.51% |
| Q3 2020 | 2020-09-26 | $296.0M | $49.0M | +19.84% |
| Q2 2020 | 2020-06-27 | $264.0M | $18.0M | +7.32% |
| Q1 2020 | 2020-03-28 | $245.0M | −$3.0M | −1.21% |
| Q4 2019 | 2019-12-31 | $262.0M | $11.0M | +4.38% |
| Q3 2019 | 2019-09-28 | $247.0M | $7.0M | +2.92% |
| Q2 2019 | 2019-06-29 | $246.0M | $4.0M | +1.65% |
| Q1 2019 | 2019-03-30 | $248.0M | $14.0M | +5.98% |
| Q4 2018 | 2018-12-31 | $251.0M | $18.0M | +7.73% |
| Q3 2018 | 2018-09-29 | $240.0M | $23.0M | +10.60% |
| Q2 2018 | 2018-06-30 | $242.0M | $20.0M | +9.01% |
| Q1 2018 | 2018-03-31 | $234.0M | $19.0M | +8.84% |
| Q4 2017 | 2017-12-31 | $233.0M | $21.2M | +10.01% |
| Q3 2017 | 2017-09-30 | $217.0M | $33.7M | +18.39% |
| Q2 2017 | 2017-07-01 | $222.0M | $39.6M | +21.71% |
| Q1 2017 | 2017-04-01 | $215.0M | $38.5M | +21.81% |
| Q4 2016 | 2016-12-31 | $211.8M | $31.8M | +17.67% |
| Q3 2016 | 2016-10-01 | $183.3M | $11.7M | +6.82% |
| Q2 2016 | 2016-07-02 | $182.4M | $7.8M | +4.47% |
| Q1 2016 | 2016-04-02 | $176.5M | $10.7M | +6.45% |
| Q4 2015 | 2015-12-31 | $180.0M | −$2.5M | −1.37% |
| Q3 2015 | 2015-09-26 | $171.6M | −$3.6M | −2.05% |
| Q2 2015 | 2015-06-27 | $174.6M | −$9.1M | −4.95% |
| Q1 2015 | 2015-03-28 | $165.8M | $16.1M | +10.75% |
| Q4 2014 | 2014-12-31 | $182.5M | $77.8M | +74.31% |
| Q3 2014 | 2014-09-27 | $175.2M | $79.3M | +82.69% |
| Q2 2014 | 2014-06-28 | $183.7M | $87.0M | +89.97% |
| Q1 2014 | 2014-03-29 | $149.7M | $51.5M | +52.44% |
| Q4 2013 | 2013-12-31 | $104.7M | $6.2M | +6.29% |
| Q3 2013 | 2013-09-28 | $95.9M | $3.9M | +4.24% |
| Q2 2013 | 2013-06-29 | $96.7M | $2.5M | +2.65% |
| Q1 2013 | 2013-03-30 | $98.2M | $6.5M | +7.09% |
| Q4 2012 | 2012-12-31 | $98.5M | — | — |
| Q3 2012 | 2012-09-29 | $92.0M | $5.2M | +5.99% |
| Q2 2012 | 2012-06-30 | $94.2M | — | — |
| Q1 2012 | 2012-03-31 | $91.7M | — | — |
| Q3 2011 | 2011-10-01 | $86.8M | — | — |
Thermo Fisher Scientific r&d spending trends
Over the last five fiscal years, Thermo Fisher Scientific's r&d spending increased from $1.18B to $1.40B, a change of $216.0M. The latest reported quarter, Q2 2026, shows $364.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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