R&D expense · 2011–2025

Thermo Fisher Scientific R&D expense

$1.4B+0.5% · FY2025

Thermo Fisher Scientific (TMO) reported $1.4B in R&D expense for fiscal 2025, +0.5% year on year.

$340M2011$376M2012$396M2013$691M2014$692M2015$754M2016$887M2017$967M2018$1.0B2019$1.2B2020$1.4B2021$1.5B2022$1.3B2023$1.4B2024$1.4B2025
Thermo Fisher Scientific — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$1.4B+0.5%Open →
FY20242024-12-31$1.4B+4.0%Open →
FY20232023-12-31$1.3B−9.1%Open →
FY20222022-12-31$1.5B+4.6%Open →
FY20212021-12-31$1.4B+19.1%Open →
FY20202020-12-31$1.2B+17.7%Open →
FY20192019-12-31$1.0B+3.7%Open →
FY20182018-12-31$967M+9.0%Open →
FY20172017-12-31$887M+17.6%Open →
FY20162016-12-31$754M+9.0%Open →
FY20152015-12-31$692M+0.1%Open →
FY20142014-12-31$691M+74.7%Open →
FY20132013-12-31$396M+5.1%Open →
FY20122012-12-31$376M+10.6%Open →
FY20112011-12-31$340M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +10.6%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Thermo Fisher Scientific R&D expense |url=https://companiesranked.com/en/company/thermo-fisher-scientific/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Thermo Fisher Scientific R&D expense. CompaniesRanked. https://companiesranked.com/en/company/thermo-fisher-scientific/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-thermo-fisher-scientific-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Thermo Fisher Scientific R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/thermo-fisher-scientific/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000097745-26-000018 · February 26, 2026

{{cite web |title=Thermo Fisher Scientific R&D expense — 10-K (0000097745-26-000018) |url=https://www.sec.gov/Archives/edgar/data/97745/000009774526000018/tmo-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-26}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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