Quick Answer
THERMO FISHER SCIENTIFIC INC. reported R&D Expense of $1.40 billion for fiscal year 2025.
THERMO FISHER SCIENTIFIC INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $1.40B | +0.5% |
| 2024 | $1.39B | +4.0% |
| 2023 | $1.34B | -9.1% |
| 2022 | $1.47B | +4.6% |
| 2021 | $1.41B | +19.1% |
| 2020 | $1.18B | +17.7% |
| 2019 | $1.00B | +3.7% |
| 2018 | $967.00M | +9.0% |
| 2017 | $887.00M | +17.6% |
| 2016 | $754.00M | +9.0% |
| 2015 | $692.00M | +0.1% |
| 2014 | $691.10M | +74.7% |
| 2013 | $395.50M | +5.1% |
| 2012 | $376.40M | +10.6% |
| 2011 | $340.20M | +19.6% |
| 2010 | $284.40M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $346.00M | +0.0% | -1.7% |
| June 30, 2025 | $352.00M | +3.8% | +2.9% |
| March 31, 2025 | $342.00M | +3.3% | -1.2% |
| September 30, 2024 | $346.00M | +8.5% | +2.1% |
| June 30, 2024 | $339.00M | -1.7% | +2.4% |
| March 31, 2024 | $331.00M | -4.3% | +3.8% |
| September 30, 2023 | $319.00M | -9.1% | -7.5% |
| June 30, 2023 | $345.00M | -5.5% | -0.3% |
- THERMO FISHER SCIENTIFIC INC. showed an increase of +0.5% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2025 period, THERMO FISHER SCIENTIFIC INC.’s r&d expense has grown by 391.2% (from $284.40 million to $1.40 billion).
- The most recent figure is from THERMO FISHER SCIENTIFIC INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 26, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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