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Thermo Fisher Scientific vs Trimble: TMO and TRMB compared
Thermo Fisher Scientific is the larger company: $12.1B of revenue in its latest quarter (Q3 2026) against $967M for Trimble (Q3 2026). Thermo Fisher Scientific is growing faster (+9% against +7% a year earlier). Thermo Fisher Scientific is more profitable, with an operating margin of 18.6% against 14.7%.
Where the money goes: TMO and TRMB
Thermo Fisher Scientific (TMO) · Q3 2026
Thermo Fisher Scientific, Q3 2026: revenue $12.1B (+9% year over year), operating margin 18.6%, net earnings $1.7B, operating cash flow $2.5B. The chart follows the revenue to costs, profit and cash.
Trimble (TRMB) · Q3 2026
Trimble, Q3 2026: revenue $967M (+7% year over year), operating margin 14.7%, net earnings $59.1M, operating cash flow $150M. The chart follows the revenue to costs, profit and cash.
| Thermo Fisher Scientific (TMO) | Trimble (TRMB) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $12.1B | $967M |
| Revenue growth, Y/Y | +9% | +7% |
| Gross margin | — | 68.2% |
| Operating margin | 18.6% | 14.7% |
| Net earnings | $1.7B | $59.1M |
| Net margin | 14.2% | 6.1% |
| Operating cash flow | $2.5B | $150M |
| Free cash flow | $2.1B | $142M |
| Market value | $251.1B | $12.6B |
| P/E | 35.7× | — |
| Analysts’ mean target | $752.12 | $78.64 |
Where the revenue comes from
Thermo Fisher Scientific
- Laboratory Products and Biopharma Services: $6.8B (56%)
- Life Sciences Solutions: $2.3B (19%)
- Analytical Instruments: $1.9B (16%)
- Specialty Diagnostics: $1.1B (9%)
Trimble
- Field Systems: $436M (45%)
- AECO: $395M (41%)
- T&L: $136M (14%)
Questions
Which is bigger, Thermo Fisher Scientific or Trimble?
Thermo Fisher Scientific is the larger company: $12.1B of revenue in its latest quarter (Q3 2026) against $967M for Trimble (Q3 2026).
Is Thermo Fisher Scientific or Trimble growing faster?
Thermo Fisher Scientific is growing faster (+9% against +7% a year earlier).
Which is more profitable, Thermo Fisher Scientific or Trimble?
Thermo Fisher Scientific is more profitable, with an operating margin of 18.6% against 14.7%.
More: Thermo Fisher Scientific earnings · how Thermo Fisher Scientific makes money · Trimble earnings · how Trimble makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 30, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.