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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |