Thermo Fisher Scientific Inc. employees and revenue per employee

TMO · Medical - Diagnostics & Research · $242.1B market cap

Thermo Fisher Scientific Inc. had 125,000 employees at the end of fiscal Dec 2025, unchanged from a year earlier. Revenue for the year was $44.6B, up 3.9% from a year earlier, or $356K per employee. Revenue held up or grew while headcount stayed flat or fell.

Employees

125,000

+0.0% YoY

Revenue

$44.6B

+3.9% YoY

Revenue / employee

$356K

Peer median $380K

Rank in industry

11 of 18

Medical - Diagnostics & Research

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
88173257'16'17'18'19'20'21'22'23'24'25Revenue 244Staff 227

Hover a year for the numbers.

TMO employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 2025125,000$44.6B$356K+0.0%+3.9%
Dec 2024125,000$42.9B$343K+2.5%+0.1%
Dec 2023122,000$42.9B$351K-6.2%-4.6%
Dec 2022130,000$44.9B$346K+0.0%+14.5%
Dec 2021130,000$39.2B$302K+62.5%+21.7%
Dec 202080,000$32.2B$403K+6.7%+26.1%
Dec 201975,000$25.5B$341K+7.1%+4.9%
Dec 201870,000$24.4B$348K+0.0%+16.4%
Dec 201770,000$20.9B$299K+27.3%+14.5%
Dec 201655,000$18.3B$332K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
80,000'20130,000'21130,000'22122,000'23125,000'24125,000'25
Revenue per employee, last six fiscal years
$403K'20$302K'21$346K'22$351K'23$343K'24$356K'25

Thermo Fisher Scientific Inc. against similar companies

The closest industry peers by revenue, from Medical - Diagnostics & Research.

CompanyEmployeesRevenueRevenue / employeeShape
ILMN
Illumina, Inc.
8,600$4.34B$504KContracting
DHR
Danaher Corporation
60,000$24.6B$409KLeaner
IDXX
IDEXX Laboratories, Inc.
11,000$4.30B$391KLeaner
A
Agilent Technologies, Inc.
18,100$6.95B$384KEfficient growth
TMO
Thermo Fisher Scientific Inc.
125,000$44.6B$356KLeaner
MTD
Mettler-Toledo International Inc.
16,600$4.03B$243KLeaner
LH
Labcorp Holdings Inc.
71,000$14.0B$197KEfficient growth
DGX
Quest Diagnostics Incorporated
57,000$11.0B$194KEfficient growth
IQV
IQVIA Holdings Inc.
93,000$16.3B$175KEfficient growth
Every Healthcare company

Questions about Thermo Fisher Scientific Inc.

How many employees does Thermo Fisher Scientific Inc. have?
Thermo Fisher Scientific Inc. reported 125,000 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 26, 2026. That is unchanged from a year earlier.
What is Thermo Fisher Scientific Inc.'s revenue per employee?
Thermo Fisher Scientific Inc. brought in $44.6B of revenue in fiscal Dec 2025, which is $356K per employee. That ranks 11 of 18 companies we track in Medical - Diagnostics & Research, where the median is $380K.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare TMO with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in Thermo Fisher Scientific Inc.'s annual reports (Form 10-K), latest filed February 26, 2026. This is data, not a recommendation to buy or sell TMO.