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THERMO FISHER SCIENTIFIC (TMO)

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Earnings summaries and quarterly performance for THERMO FISHER SCIENTIFIC.

Recent press releases and 8-K filings for TMO.

Thermo Fisher shares fall on 2026 profit outlook
TMO
Earnings
Guidance Update
CFO Change
  • Thermo Fisher reported Q4 2025 revenue of $12.21 billion (up 7%) and adjusted EPS of $6.57 (up 8%), with full-year revenue of $44.56 billion and adjusted EPS of $22.87.
  • 2026 guidance calls for $46.3–$47.2 billion in revenue and adjusted EPS implying about 6%–8% growth, but the profit outlook missed Street expectations and shares fell as much as roughly 4% intraday.
  • Management noted robust pharmaceutical demand but flagged softer near-term growth due to cuts and timing in U.S. academic and government research funding; analysts labeled the 1%–2% Q1 organic growth forecast as “soft”.
  • CFO Stephen Williamson will retire in March, succeeded by Jim Meyer, and investors are watching the timing of the $9 billion Clario acquisition closing.
5 days ago
Thermo Fisher reports Q4 2025 results and 2026 guidance
TMO
Earnings
Guidance Update
M&A
  • Thermo Fisher delivered Q4 revenue of $12.21 B (+7% Y/Y) and adjusted EPS of $6.57 (+8%), and FY 2025 revenue of $44.56 B (+4%) with adjusted EPS of $22.87 (+5%)
  • 2026 guidance: revenue $46.3 B–$47.2 B (+4–6% Y/Y; 3–4% organic) and adjusted EPS of $24.22–$24.80 (+6–8%)
  • Announced agreement to acquire Clario (2025 revenue ~$1.25 B), expected to close mid-2026 and be accretive $0.45 to EPS in the first 12 months
  • 2025 capital deployment: $16.5 B deployed, including $13 B on M&A and $3.6 B returned to shareholders via buybacks and dividends
  • Launched high-impact products in 2025, including Orbitrap Astral Zoom mass spectrometer, Krios 5 Cryo-TEM, EXENT System, and new Oncomine Dx companion diagnostic approvals
5 days ago
Thermo Fisher reports Q4 2025 results and 2026 guidance
TMO
Earnings
Guidance Update
M&A
  • Q4 2025 revenue grew 7% year-over-year to $12.21 billion, with adjusted operating income up 6% to $2.88 billion and adjusted EPS rising 8% to $6.57.
  • Full-year 2025 revenue increased 4% to $44.56 billion, adjusted operating income rose 4% to $10.11 billion, and adjusted EPS grew 5% to $22.87.
  • 2026 guidance calls for $46.3–47.2 billion in revenue and $24.22–24.80 in adjusted EPS (6–8% growth), based on 3–4% organic revenue growth and 50 bps of margin expansion.
  • Capital deployment in 2025 totaled $16.5 billion, including $13 billion for M&A (Solventum filtration, Sanofi sterile fill, Clario) and $3.6 billion returned to shareholders via buybacks and dividends.
  • Segment performance in Q4: Life Science Solutions organic +4% (margin 35.5%), Analytical Instruments flat (margin 26.3%), Specialty Diagnostics organic +3% (margin 26.6%), and Lab Products & Biopharma Services organic +5% (margin 14.5%).
5 days ago
Thermo Fisher announces Q4 2025 results
TMO
Earnings
Guidance Update
M&A
  • Q4 revenue grew 7% to $12.21 B, with adjusted operating income up 6% to $2.88 B, adjusted operating margin of 23.6%, and adjusted EPS rising 8% to $6.57.
  • FY2025 revenue increased 4% to $44.56 B, adjusted operating income grew 4% to $10.11 B, adjusted operating margin was 22.7%, and adjusted EPS was $22.87 (up 5%).
  • 2026 guidance: revenue of $46.3 B–$47.2 B (4–6% growth; ~3–4% organic) and adjusted EPS of $24.22–$24.80 (6–8% growth).
  • Capital deployment in 2025 included $16.5 B deployed (approx. $13 B M&A; $3.6 B buybacks/dividends), and a definitive agreement to acquire Clario for ~$9 B expected to close mid-2026.
5 days ago
Thermo Fisher Scientific reports Q4 and full-year 2025 results
TMO
Earnings
M&A
Share Buyback
  • Thermo Fisher recorded Q4 revenue of $12.21 B, up 7%, with GAAP diluted EPS of $5.21 (+9%) and adjusted EPS of $6.57 (+8%).
  • For full-year 2025, revenue was $44.56 B (+4%), with GAAP EPS of $17.74 (+7%) and adjusted EPS of $22.87 (+5%).
  • Deployed $16.5 B in capital (including $13 B on M&A) and returned $3.6 B to shareholders via share buybacks and dividends; closed key acquisitions and agreed to acquire Clario in Q4.
  • Launched several high-impact products (e.g., Orbitrap Astral Zoom, Krios 5 Cryo-TEM), obtained FDA and 510(k) clearances for diagnostic platforms, and entered a strategic AI collaboration with OpenAI.
6 days ago
Thermo Fisher reports Q4 and FY2025 results
TMO
Earnings
M&A
Share Buyback
  • Q4 revenue rose 7% to $12.21 B; GAAP EPS increased 9% to $5.21, and adjusted EPS grew 8% to $6.57.
  • Full-year revenue climbed 4% to $44.56 B; GAAP EPS up 7% to $17.74, and adjusted EPS up 5% to $22.87.
  • Deployed $16.5 B of capital in 2025, including $13 B on M&A and $3.6 B returned to shareholders via buybacks and dividends.
  • Acquired Solventum’s Filtration & Separation business and Sanofi’s Ridgefield site, and agreed to buy Clario to bolster clinical trial data solutions.
6 days ago
Thermo Fisher details 2025 performance and 2026 outlook
TMO
Guidance Update
M&A
Share Buyback
  • Thermo Fisher delivered $44 billion in revenue in 2025, supported by >120,000 colleagues and $1.4 billion in R&D investment.
  • Operational excellence driven by the PPI Business System, including $300 million of cost actions and tariff adjustments to bolster resilience.
  • Executed strategic capital deployment: closed the $4 billion Solventum Purification & Filtration acquisition and Sanofi Steriles site, announced the $9 billion Clario deal, and returned capital with $3 billion in share repurchases and $600 million in dividends.
  • Outlook for 2026 includes improving demand trends with organic revenue growth progression and strong adjusted EPS growth.
Jan 13, 2026, 4:15 PM
Thermo Fisher reviews 2025 performance and sets 2026 outlook
TMO
Guidance Update
M&A
  • Delivered $44 billion in revenue, employs 120,000 staff and invests $1 billion annually in R&D in 2025.
  • Achieved mid-single-digit organic growth in pharma & biotech (first nine months of 2025) and surpassed an incremental $300 million cost-reduction target.
  • Deployed capital through the acquisition of Solventum’s purification & filtration business (approx. $750 million revenue run rate) and a Sanofi fill-finish site, and announced the $9 billion Clario acquisition.
  • Forecasts 3 %–6 % organic top-line growth for 2026, with a long-term target of returning to 7 %+ growth and 50–70 bps of annual margin expansion.
  • Serves four end markets—56 % of 2025 revenue from pharma & biotech—within a $270 billion addressable market and holds ~20 % market share.
Jan 13, 2026, 4:15 PM
Thermo Fisher outlines 2025 results and 2026 outlook at JP Morgan Healthcare Conference
TMO
Guidance Update
M&A
  • In 2025, Thermo Fisher achieved $44 billion in revenue, launched key products (Orbitrap Astral mass spectrometer, next-generation cryo-EM, scalable single-use bioreactors) and returned $3.6 billion to shareholders via buybacks and dividends
  • Expanded portfolio through acquisitions: Solventum filtration platform ($750 million revenue run-rate), Sanofi’s Ridgefield sterile fill-finish site and announced Clario deal ($1.25 billion revenue; $0.45 EPS accretion in year one)
  • Financial outlook targets 3%–6% organic revenue growth in 2026–27 with 50–70 bp annual margin expansion, transitioning to >7% organic growth post-2028; strategic execution powered by the PPI system and AI partnerships (OpenAI, NVIDIA)
  • Advanced corporate social responsibility: >56% of global electricity from renewables (target 80% by 2030), 33 zero-waste sites and ongoing investments in education and health equity initiatives
Jan 13, 2026, 4:15 PM
Thermo Fisher outlines 2025 performance and 2026 strategy at JPMorgan Healthcare Conference
TMO
Product Launch
M&A
Share Buyback
  • Thermo Fisher reported $44 billion in 2025 revenue and has delivered an average 10 % annual top-line growth over the past decade.
  • The company launched key innovations in mass spectrometry (Orbitrap Astral), cryo-electron microscopy, scalable bioreactors, and diagnostics to support market share gains.
  • Thermo Fisher completed the Solventum filtration acquisition and Sanofi Ridgefield site purchase, announced the $9 billion Clario deal, and returned $3.6 billion via share repurchases and dividends in 2025.
  • For 2026, management will prioritize trusted partnerships, further product innovation, operational excellence through PPI and AI, active capital deployment, and advancing CSR initiatives.
Jan 13, 2026, 4:15 PM

Quarterly earnings call transcripts for THERMO FISHER SCIENTIFIC.