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

Thermo Fisher Scientific (TMO) posted Capital Expenditures of $376.0 million for Q1 2026, down 19.14% quarter-over-quarter from $465.0 million in Q4 2025, and up 3.87% year-on-year from $362.0 million in Q1 2025.

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

Thermo Fisher Scientific (TMO) has reported Capital Expenditures for 18 consecutive years, with $376.0 million the latest figure, recorded in Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $376.0 million, up 3.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 8.76% YoY), and the FY2025 annual result was $1.5 billion, up 8.93% from the prior year.
  • Capital Expenditures was $376.0 million for Q1 2026 at Thermo Fisher Scientific, down from $465.0 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.
  • Average Capital Expenditures over 5 years is $413.1 million, with a median of $404.0 million recorded in 2025.
  • Year-over-year, Capital Expenditures slumped 43.87% in 2023 and soared 48.53% in 2025.
  • Over 5 years, Capital Expenditures stood at $550.0 million in 2022, then dropped by 26.36% to $405.0 million in 2023, then rose by 18.52% to $480.0 million in 2024, then fell by 3.12% to $465.0 million in 2025, then dropped by 19.14% to $376.0 million in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $376.0 million in Q1 2026, $465.0 million in Q4 2025, and $404.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 39.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 376.00 Mn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 237.00 Mn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 8.27 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 22.14 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 76.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 127.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 38.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 17.41 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 114.00 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 405.00 Mn
Dec 31, 2023 405.00 Mn