Thermo Fisher Scientific TMO
Thermo Fisher Scientific Inc. (also referred to in this document as “Thermo Fisher,” “we,” the “company,” or the “registrant”) is the world leader in serving science. 10-K, Item 1
- Employees
- 125,000
- Headquarters
- Waltham, MA
- CEO
- Marc N. Casper
- Next results
- around Jan 28, 2027
TMO among Health care peers
Six ratios from the latest 10-K. Each corner is the share of 59 peers the company is above, not a score.
What changed
2 new risk paragraphs. 10-K filed Feb 26, 2026 against Feb 20, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
11 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 11 checks found nothing to note
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Receivables +8.7% vs revenue +3.9% (+4.7 pts)
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Cash from operations $7.8B vs net income $6.7B (FY ending Dec 31, 2025)
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Inventory +9.0% vs revenue +3.9% (+5.1 pts)
8 more checks with nothing to note
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Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
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No statement of substantial doubt about going concern
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No 8-K item 4.02 in the last 2 years
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No NT 10-K or NT 10-Q in the last 2 years
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The same matters as last year: Income taxes
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years
In their words
2 paragraphs in Risk Factors that were not in the 10-K filed Feb 20, 2025. Quoted as filed.
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Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
We and our third-party providers experience cyber-attacks and other attempts to gain unauthorized access to our products, services, and systems and data on a regular basis, and we anticipate continuing to be subject to such attempts as cyber-attacks
New risk paragraphs, against peers
Latest 10-K of each, Health care companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $44.9B | $42.9B | $42.9B | $44.6B |
| Net income | $7.0B | $6.0B | $6.3B | $6.7B |
| Operating cash flow | $9.2B | $8.4B | $8.7B | $7.8B |
| Free cash flow | $6.9B | $6.9B | $7.3B | $6.3B |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$44.6B ▲ 3.9% in FY2025$6.7B ▲ 5.8% in FY2025$6.3B ▼ 13.4% in FY2025
Recent filings
4 filings in the last 30 days · SEC EDGAR
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8-KOct 30, 2026Director or officer change 8-K item 5.02
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10-QOct 30, 2026Quarterly report (10-Q) period ended Sep 26, 2026
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Planned saleOct 28, 2026Britt Lisa P. (Officer) gave notice of a planned sale of 2,831 shares worth about $2.0M Form 144, approximate sale date Oct 28, 2026
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8-KOct 21, 2026Quarterly results 8-K item 2.02
About the company
Thermo Fisher Scientific, Waltham, MA · from the 10-K filed Feb 26, 2026
Thermo Fisher Scientific Inc. (also referred to in this document as “Thermo Fisher,” “we,” the “company,” or the “registrant”) is the world leader in serving science. Our Mission is to enable our customers to make the world healthier, cleaner and safer. We serve customers working in pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as environmental, industrial, research and development, quality and process control settings.
- Headquarters
- Waltham, MA
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Oct 21, 2026
- Incorporated in
- DE
Employees, at the top of the page: "As of December 31, 2025, we employed approximately 125,000 colleagues globally, with an approximate regional distribution as follows: 59,000 based in the Americas, 22,000 in the Asia-Pacific region, and 44,000 in Europe, the Middle East and Africa (EMEA)" (10-K). Address and exchange: SEC's company file.
Email alerts
Sources
The 10-K filed Feb 26, 2026 (open at SEC), compared with the 10-K filed Feb 20, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
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