| Metric | Value ($ M) | Q3 FY25 |
|---|---|---|
| Revenue | 12.1K | 9.1% |
| Total Income | 12.1K | 9.1% |
| Expenditure | 9.9K | 7.5% |
| PBT | 2.1K | 14.3% |
| Net Profit | 1.7K | 6.5% |
| OPM | 18.64% | 1.19pp |
| NPM | 14.18% | 0.35pp |
| EPS | 4.65 | 8.6% |
Thermo Fisher Scientific Reports Q3 2026 Results: Revenue Grew 9% to $12.14 Billion
21 Oct 2026 · 21 Oct, 3:37 pm
Summary
Thermo Fisher Scientific reported strong third quarter 2026 results, with revenue increasing 9% year-over-year to $12.14 billion, driven by 6% organic revenue growth. GAAP diluted EPS rose 9% to $4.64, while adjusted EPS saw a significant 15% increase to $6.68. The company also improved its operating margins, with GAAP operating margin at 18.6% and adjusted operating margin at 24.5%. Management expressed satisfaction with the outstanding financial performance and highlighted the company's well-positioned status to deliver an excellent 2026 and drive long-term value.
Key Highlights
- 1
Third quarter revenue grew 9% to $12.14 billion.
- 2
Third quarter GAAP diluted earnings per share (EPS) grew 9% to $4.64.
- 3
Third quarter adjusted EPS grew 15% to $6.68.
- 4
GAAP operating margin was 18.6%, compared with 17.4% in the third quarter of 2025.
- 5
Adjusted operating margin was 24.5%, compared with 23.3% in the third quarter of 2025.
- 6
Organic revenue growth was 6% for the third quarter.
- 7
The company completed its previously announced divestiture of its microbiology business during the quarter.
Management Comments
Marc N. Casper
We are very pleased to deliver another excellent quarter, with outstanding financial performance on both the top and bottom line. We’re advancing our proven growth strategy, which is resonating strongly with our customers, and our PPI Business System is enabling outstanding execution across the company. Looking ahead, we’re well positioned to deliver an excellent 2026 as we continue to drive long-term value creation for all of our stakeholders and build an even brighter future for our company.
Informational and educational content only. Not investment advice.