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Thermo Fisher Scientific revenue increased from $25.5 billion in 2019 to $32.2 billion in 2020, a (26.1%) increase.

Annual Revenue ($)

Thermo Fisher Scientific revenue was $32.22 b in FY, 2020 which is a (26.1%) year over year increase from the previous period.

Quarterly Revenue ($)

FY, 2018FY, 2019FY, 2020
Revenue$24.36 b$25.54 b$32.22 b
Growth16.00%4.86%26.14%
Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020
Revenue$5.85 b$6.08 b$5.92 b$6.13 b$6.32 b$6.27 b$6.23 b$6.92 b$8.52 b

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

Thermo Fisher Scientific revenue breakdown by business segment: 35.1% from Laboratory Products and Services, 15.3% from Specialty Diagnostics, 14.7% from Analytical Instruments and 34.9% from Life Sciences Solutions

Thermo Fisher Scientific revenue breakdown by geographic segment: 8.7% from China, 51.0% from United States and 40.3% from Other

FY, 2020FY, 2019FY, 2018
Laboratory Products and Services$12.25 b$10.6 b$10.04 b
Specialty Diagnostics$5.34 b$3.72 b$3.72 b
Analytical Instruments$5.12 b$5.52 b$5.47 b
Life Sciences Solutions$12.17 b$6.86 b$6.27 b
FY, 2020FY, 2019FY, 2018
Other$12.99 b$10.42 b$10.23 b
China$2.8 b$2.75 b$2.5 b
United States$16.44 b$12.37 b$11.63 b

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