Thermo Fisher Scientific Research and Development Expenses 2010-2025 | TMO

Thermo Fisher Scientific annual/quarterly research and development expenses history and growth rate from 2010 to 2025. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Thermo Fisher Scientific research and development expenses for the quarter ending March 31, 2025 were $342M, a 3.32% increase year-over-year.
  • Thermo Fisher Scientific research and development expenses for the twelve months ending March 31, 2025 were $1.401B, a 5.98% increase year-over-year.
  • Thermo Fisher Scientific annual research and development expenses for 2024 were $1.39B, a 3.96% increase from 2023.
  • Thermo Fisher Scientific annual research and development expenses for 2023 were $1.337B, a 9.11% decline from 2022.
  • Thermo Fisher Scientific annual research and development expenses for 2022 were $1.471B, a 4.62% increase from 2021.
Thermo Fisher Scientific Annual Research and Development Expenses
(Millions of US $)
2024 $1,390
2023 $1,337
2022 $1,471
2021 $1,406
2020 $1,181
2019 $1,003
2018 $967
2017 $887
2016 $754
2015 $692
2014 $691
2013 $396
2012 $376
2011 $340
2010 $284
2009 $244
Thermo Fisher Scientific Quarterly Research and Development Expenses
(Millions of US $)
2025-03-31 $342
2024-12-31 $374
2024-09-30 $346
2024-06-30 $339
2024-03-31 $331
2023-12-31 $327
2023-09-30 $319
2023-06-30 $345
2023-03-31 $346
2022-12-31 $391
2022-09-30 $351
2022-06-30 $365
2022-03-31 $364
2021-12-31 $392
2021-09-30 $351
2021-06-30 $343
2021-03-31 $320
2020-12-31 $376
2020-09-30 $296
2020-06-30 $264
2020-03-31 $245
2019-12-31 $262
2019-09-30 $247
2019-06-30 $246
2019-03-31 $248
2018-12-31 $251
2018-09-30 $240
2018-06-30 $242
2018-03-31 $234
2017-12-31 $233
2017-09-30 $217
2017-06-30 $222
2017-03-31 $215
2016-12-31 $212
2016-09-30 $183
2016-06-30 $182
2016-03-31 $177
2015-12-31 $180
2015-09-30 $172
2015-06-30 $175
2015-03-31 $166
2014-12-31 $183
2014-09-30 $175
2014-06-30 $184
2014-03-31 $150
2013-12-31 $105
2013-09-30 $96
2013-06-30 $97
2013-03-31 $98
2012-12-31 $99
2012-09-30 $92
2012-06-30 $94
2012-03-31 $92
2011-12-31 $95
2011-09-30 $87
2011-06-30 $83
2011-03-31 $75
2010-12-31 $77
2010-09-30 $72
2010-06-30 $70
2010-03-31 $66
2009-12-31 $67
2009-09-30 $61
2009-06-30 $58
2009-03-31 $58
Sector Industry Market Cap Revenue
Medical Medical Instruments Manufacturing $154.123B $42.879B
Thermo Fisher Scientific is a scientific instrument maker and a world leader in serving science. In Nov 2006, Thermo Fisher Scientific, Inc. was formed through the merger of Thermo Electron Corporation with Fisher Scientific International Inc. On Feb 3, 2014, Thermo Fisher acquired Life Technologies Corporation. Following the acquisition, the new reporting segments are: Life Sciences Solutions Segment, Analytical Instruments, and Specialty Diagnostics.
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IDEXX Laboratories (IDXX) United States $42.730B 49.10
DexCom (DXCM) United States $33.851B 52.32
IQVIA Holdings (IQV) United States $27.242B 15.26
Mettler-Toledo (MTD) United States $24.618B 29.28
STERIS (STE) Ireland $23.490B 25.87
Waters (WAT) United States $20.972B 29.59
SONOVA HOLDING (SONVY) Switzerland $17.819B 0.00
Hologic (HOLX) United States $14.487B 15.74
Sysmex ADR (SSMXY) Japan $10.827B 30.71
Penumbra (PEN) United States $9.930B 77.94
Masimo (MASI) United States $9.120B 33.64
Globus Medical (GMED) United States $7.933B 18.90
Glaukos (GKOS) United States $5.795B 0.00
Teleflex (TFX) United States $5.279B 8.71
TransMedics (TMDX) United States $4.446B 96.65
Integer Holdings (ITGR) United States $4.276B 22.41
PROCEPT BioRobotics (PRCT) United States $3.149B 0.00
LivaNova (LIVN) United Kingdom $2.495B 14.85
Veracyte (VCYT) United States $2.144B 30.09
Nihon Kohden (NHNKY) Japan $2.041B 23.41
Elekta AB (EKTAY) Sweden $1.933B 17.38
Alphatec Holdings (ATEC) United States $1.620B 0.00
Artivion (AORT) United States $1.332B 124.76
Tandem Diabetes Care (TNDM) United States $1.262B 0.00
OPKO Health (OPK) United States $1.047B 0.00
Pulse Biosciences (PLSE) United States $1.014B 0.00
Integra LifeSciences Holdings (IART) United States $0.955B 5.08
SiBone (SIBN) United States $0.785B 0.00
IRadimed (IRMD) United States $0.774B 39.25
Beta Bionics (BBNX) United States $0.653B 0.00
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Mesa Laboratories (MLAB) United States $0.538B 12.62
OrthoPediatrics (KIDS) United States $0.519B 0.00
RxSight (RXST) United States $0.515B 0.00
AxoGen (AXGN) United States $0.478B 0.00
Delcath Systems (DCTH) United States $0.473B 0.00
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Semler Scientific (SMLR) United States $0.429B 11.42
AngioDynamics (ANGO) United States $0.397B 0.00
Pacific Biosciences Of California (PACB) United States $0.387B 0.00
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NeuroPace (NPCE) United States $0.351B 0.00
ClearPoint Neuro (CLPT) United States $0.330B 0.00
Alpha Tau Medical (DRTS) Israel $0.253B 0.00
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Tactile Systems Technology (TCMD) United States $0.240B 14.56
Neuronetics (STIM) United States $0.232B 0.00
Sight Sciences (SGHT) United States $0.222B 0.00
Biosig Technologies (BSGM) United States $0.209B 0.00
Inogen (INGN) United States $0.190B 0.00
Spectral Diagnostics (EDTXF) Canada $0.174B 0.00
Rapid Micro Biosystems (RPID) United States $0.157B 0.00
CVRx (CVRX) United States $0.152B 0.00
LENSAR (LNSR) United States $0.150B 0.00
Anteris Technologies Global (AVR) Australia $0.146B 0.00
Accuray (ARAY) United States $0.142B 0.00
Lucid Diagnostics (LUCD) United States $0.127B 0.00
Atossa Genetics (ATOS) United States $0.114B 0.00
Monogram Orthopaedics (MGRM) United States $0.104B 0.00
Microbot Medical (MBOT) United States $0.091B 0.00
Sensus Healthcare (SRTS) United States $0.080B 48.60
EnVVeno Medical (NVNO) United States $0.071B 0.00
InspireMD (NSPR) United States $0.070B 0.00
EDAP TMS S.A (EDAP) France $0.062B 0.00
Hyperfine (HYPR) United States $0.058B 0.00
Spectral AI (MDAI) United States $0.054B 0.00
Vicarious Surgical (RBOT) United States $0.045B 0.00
Precision Optics (POCI) United States $0.038B 0.00
Envoy Medical (COCH) United States $0.033B 0.00
DarioHealth (DRIO) United States $0.030B 0.00
Baird Medical Investment Holdings (BDMD) $0.026B 0.00
Adagio Medical Holdings (ADGM) United States $0.020B 0.00
NexGel (NXGL) United States $0.018B 0.00
Inspira Technologies OXY B.H.N (IINN) Israel $0.011B 0.00
WORK Medical Technology Group (WOK) China $0.010B 0.00
PAVmed (PAVM) United States $0.010B 0.00
SINTX TECHNOLOGIES, INC (SINT) United States $0.008B 0.00
Ekso Bionics Holdings (EKSO) United States $0.008B 0.00
Tenon Medical (TNON) United States $0.007B 0.00
ReShape Lifesciences (RSLS) United States $0.006B 0.00
Autonomix Medical (AMIX) United States $0.006B 0.00
Check-Cap (CHEK) Israel $0.004B 0.00
Venus Concept (VERO) Canada $0.003B 0.00
Nanovibronix (NAOV) United States $0.003B 0.00
ENDRA Life Sciences (NDRA) United States $0.003B 0.00
Bluejay Diagnostics (BJDX) United States $0.002B 0.00
Avinger (AVGR) United States $0.002B 0.00
Nuwellis (NUWE) United States $0.001B 0.00
Helius Medical Technologies (HSDT) United States $0.000B 0.00
Longview Acquisition II (LGV) United States $0.000B 0.00
Spinal Elements Holdings (SPEL) United States $0.000B 0.00
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