Thermo Fisher Scientific TMO
NYSE TMO
$659.18 +10.75 (+1.66%)
As of: Sep 17, 2026 · 3:59 PM EDT

Thermo Fisher Scientific (TMO) Capital Expenditures (2009 - 2026)

Thermo Fisher Scientific's (TMO) quarterly Capital Expenditures came in at $450.0 million in Q2 2026, up 53.06% on a YoY basis from $294.0 million in Q2 2025, and up 19.68% quarter-over-quarter from $376.0 million in Q1 2026.

Analysis

Thermo Fisher Scientific (TMO) Capital Expenditures (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific (TMO) has reported Capital Expenditures for 18 consecutive years, with $450.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Capital Expenditures rose 53.06% year-over-year to $450.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.7 billion (up 20.38% YoY), and the FY2025 full-year result was $1.5 billion, up 8.93% from the prior year.
  • Capital Expenditures advanced to $450.0 million in Q2 2026 per TMO's latest filing, from $376.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $640.0 million in Q2 2022 and bottomed at $272.0 million in Q3 2024.
  • Historically, Capital Expenditures has averaged $415.2 million across 5 years, with a median of $404.5 million in 2023.
  • The sharpest annual moves came in 2023 and 2026: Capital Expenditures sank 43.87% in 2023, then surged 53.06% in 2026.
  • Over 5 years, Capital Expenditures stood at $550.0 million in 2022, then slipped by 26.36% to $405.0 million in 2023, then increased by 18.52% to $480.0 million in 2024, then declined by 3.12% to $465.0 million in 2025, then fell by 3.23% to $450.0 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $450.0 million, $376.0 million, and $465.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Thermo Fisher Scientific 241.68 Bn 237.61 Bn 8.34 Bn 450.00 Mn
2 Danaher 147.34 Bn 142.99 Bn 3.61 Bn 269.00 Mn
3 Agilent Technologies 43.34 Bn 41.59 Bn 1.04 Bn 80.00 Mn
4 Illumina 34.58 Bn 33.41 Bn 770.00 Mn 40.00 Mn
5 Revvity 16.31 Bn 15.29 Bn 416.87 Mn 11.07 Mn
6 Bio-Techne 11.28 Bn 11.01 Bn 211.39 Mn 8.48 Mn
7 Bio-Rad Laboratories 10.16 Bn 8.54 Bn 345.80 Mn 32.00 Mn
8 Repligen 9.77 Bn 8.75 Bn 110.04 Mn 5.33 Mn
9 10x Genomics 9.45 Bn 8.90 Bn 112.50 Mn 1.59 Mn
10 Bruker 9.26 Bn 9.04 Bn 416.00 Mn 28.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 450.00 Mn
Mar 28, 2026 376.00 Mn
Dec 31, 2025 465.00 Mn
Sep 27, 2025 404.00 Mn
Jun 28, 2025 294.00 Mn
Mar 29, 2025 362.00 Mn
Dec 31, 2024 480.00 Mn
Sep 28, 2024 272.00 Mn
Jun 29, 2024 301.00 Mn
Mar 30, 2024 347.00 Mn
Dec 31, 2023 405.00 Mn
Sep 30, 2023 332.00 Mn
Jul 1, 2023 284.00 Mn
Apr 1, 2023 458.00 Mn
Dec 31, 2022 550.00 Mn
Oct 1, 2022 547.00 Mn
Jul 2, 2022 506.00 Mn
Apr 2, 2022 640.00 Mn
Dec 31, 2021 831.00 Mn
Oct 2, 2021 524.00 Mn