Thermo Fisher Scientific (TMO) Capital Expenditures (2009 - 2026)
Thermo Fisher Scientific (TMO) posted quarterly Capital Expenditures of $450.0 million for Q2 2026, up 53.06% year-over-year from $294.0 million in Q2 2025, and up 19.68% on a QoQ basis from $376.0 million in Q1 2026.
Thermo Fisher Scientific (TMO) Capital Expenditures (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific has reported Capital Expenditures for 18 years, with the latest figure at $450.0 million in Q2 2026.
- Capital Expenditures for Q2 2026 came in at $450.0 million, up 53.06% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.7 billion (up 20.38% YoY), and the FY2025 annual result was $1.5 billion, up 8.93% from the prior year.
- Capital Expenditures advanced to $450.0 million in Q2 2026, from $376.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $640.0 million in Q2 2022 and troughed at $272.0 million in Q3 2024.
- A 5-year average of $415.2 million and a median of $404.5 million in 2023 frame the typical range for Capital Expenditures.
- The widest annual swing landed in 2023, when Capital Expenditures tumbled 43.87%; it then jumped 53.06% in 2026.
- A 5-year view of Capital Expenditures shows it stood at $550.0 million in 2022, then retreated by 26.36% to $405.0 million in 2023, then climbed by 18.52% to $480.0 million in 2024, then slipped by 3.12% to $465.0 million in 2025, then dropped by 3.23% to $450.0 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $450.0 million in Q2 2026, $376.0 million in Q1 2026, and $465.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.96 Bn | 209.90 Bn | 8.34 Bn | 450.00 Mn |
| 2 | Danaher | 140.29 Bn | 135.94 Bn | 3.61 Bn | 269.00 Mn |
| 3 | Idexx Laboratories | 46.08 Bn | 45.88 Bn | 779.09 Mn | 24.65 Mn |
| 4 | Agilent Technologies | 39.78 Bn | 37.97 Bn | 990.00 Mn | 76.00 Mn |
| 5 | Iqvia Holdings | 39.43 Bn | 37.35 Bn | 1.44 Bn | 198.00 Mn |
| 6 | Natera | 38.72 Bn | 37.62 Bn | 696.04 Mn | 22.14 Mn |
| 7 | Illumina | 30.05 Bn | 28.88 Bn | 770.00 Mn | 40.00 Mn |
| 8 | Mettler Toledo International | 28.63 Bn | 28.58 Bn | 650.22 Mn | 27.79 Mn |
| 9 | Quest Diagnostics | 26.17 Bn | 25.54 Bn | 1.03 Bn | 138.00 Mn |
| 10 | Labcorp Holdings | 25.89 Bn | 24.91 Bn | 1.01 Bn | 121.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 450.00 Mn |
| Jun 27, 2026 | 450.00 Mn |
| Mar 28, 2026 | 376.00 Mn |
| Mar 28, 2026 | 376.00 Mn |
| Dec 31, 2025 | 465.00 Mn |
| Dec 31, 2025 | 465.00 Mn |
| Sep 27, 2025 | 404.00 Mn |
| Sep 27, 2025 | 404.00 Mn |
| Jun 28, 2025 | 294.00 Mn |
| Jun 28, 2025 | 294.00 Mn |
| Mar 29, 2025 | 362.00 Mn |
| Mar 29, 2025 | 362.00 Mn |
| Dec 31, 2024 | 480.00 Mn |
| Dec 31, 2024 | 480.00 Mn |
| Sep 28, 2024 | 272.00 Mn |
| Sep 28, 2024 | 272.00 Mn |
| Jun 29, 2024 | 301.00 Mn |
| Jun 29, 2024 | 301.00 Mn |
| Mar 30, 2024 | 347.00 Mn |
| Mar 30, 2024 | 347.00 Mn |